ISDA Credit Derivatives Determinations Committee: Sino-Forest Corporation Credit Event

Apr 10, 2012 Share this! LinkedIn logo Facebook logo Twitter logo Reddit logo Google+ logo

The International Swaps and Derivatives Association, Inc. (ISDA) today announced that its Asia Ex-Japan Credit Derivatives Determinations Committee resolved that a Bankruptcy Credit Event occurred in respect of Sino-Forest Corporation.

The Committee determined that an auction will be held in respect of outstanding CDS transactions.

ISDA will publish further information regarding the auction on its website,, in due course. The auction will be administered by Markit and Creditex.


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