General Motors Corporation Credit Event

On June 1, 2009 the ISDA Credit Derivatives Determinations Committee for the Americas resolved that a Bankruptcy Credit Event occurred in respect of General Motors Corporation and on the same day resolved that an auction would be held. This page contains details of the DC Resolutions, auction documentation and other items relating to the auction for General Motors.

Please note that the auction is scheduled for Friday June 12.

Further documentation relating to the auction will be added as it becomes available

Auction Timeline: ISDA Credit Event Timeline
List of Participating Bidders: List of Participating Bidders
Related DC Resolutions: Determinations Committee Issue 2009060102
Deliverable Obligations: Final List
Submission of Potential Deliverable Obligations and Challenges
Final Auction Terms: GM Auction Settlement Terms
Blackline Auction Terms: Blackline against Syncora Form of Auction Settlement Terms
Frequently Asked Questions: GM FAQs
Press Release:  ISDA to Publish Auction Terms for General Motors