Sears CDS settlement extends to 2019 as external review teams line up

By Dan Alderson

Holders of Sears Roebuck Acceptance Corp credit default swaps will have to wait until at least 7 January to resolve the contracts, with an external review decision on deliverables into the defaulted borrower’s credit event auction slated for 21 December

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TAGS: CDS High yield bonds Distressed debt Credit derivatives North America