| On April 9, 2012, ISDA’s Credit Derivatives Determinations Committee for the Americas resolved that a Failure to Pay Credit Event occurred in respect of Hawker Beechcraft Acquisition Company, LLC on April 4, 2012. On April 11, 2012, Markit Group Limited announced that the Markit LCDX dealers voted to hold an auction for single name and index loan-only CDS transactions referencing Hawker Beechcraft Acquisition Company, LLC.
Further documentation relating to this Credit Event and LCDS/LCDX transactions will be added as it becomes available. |
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| Auction Timeline: | http://www.isda.org/dc/nalcdstimeline.asp |
| Final Auction Terms: | 2012 Hawker Beechcraft Acquisition Company, LLC LCDS Auction Settlement Terms |
| Blackline Auction Terms: | Blackline against the 2010 Boston Generating, LLC First Lien Loans LCDS and Bullet LCDS Auction Settlement Terms |
| List of Participating Bidders: | List of Participating Bidders |
| USA: | Hawker Beechcraft USA
Blackline Hawker Beechcraft against Eastman Kodak Company USA |
| Deadline to submit USA: | Friday, April 20 at 4pm NY time. Refer to USA FAQ’s above for further details. |