On November 9, 2010 the Credit Derivatives Determinations Committee for the Americas resolved that a Bankruptcy Credit Event occurred in respect of Ambac Financial Group Inc. 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 Ambac Financial Group Inc.
Further documentation relating to the auction will be added as it becomes available.
Event Publicly Available Information:
| Auction Timeline: | Common Event Determination Date: Tuesday, November 9, 2010 |
| List of Participating Bidders: | List of Participating Bidders |
| Deliverable Obligations: | Final ListSubmission of Potential Deliverable Obligations and Challenges |
| Final Auction Terms: | AMBAC Financial Group, Inc. CDS Auction Settlement TermsBlackline against Ambac Assurance Corporation CDS Auction Settlement Terms |
| Related Press Release:ISDA to Publish Auction Terms for Ambac Financial Group | |