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  • Sterling Biotech Limited

2012051801

Credit Event

Sterling Biotech Limited

Event Publicly Available Information:

Link to Press

Link to Press

  • Upcoming DC Meetings

    This Event

    • No meetings scheduled

    All Meetings

    • No upcoming meetings

  • Additional Information

    Issue Number:

    2012051801

    Submitted by:

    OZ Management LP

    Category:

    Credit Event

    Coverage Election:

    Not Applicable

    Status:

    Closed

    Outcome:

    Question Decided

  • Procedural History

    • Closed

      AEJ_Determinations_Committee_Decision_ 25052012b

      The AEJ Determinations Committee has determined that no auction will be held in respect of Relevant Transactions with respect to which a Credit Event resolution has occurred with respect to Sterling Biotech Limited. For the avoidance of doubt, the No Auction Announcement Date is therefore May 25, 2012. As such, the Fallback Settlement Method will be applicable to settle such Relevant Transactions.

      5/25/2012

    • Ongoing

      AEJ_Determinations_Committee_Decision_ 25052012a

      Yes, a Failure to Pay Credit Event has occurred with respect to Sterling Biotech Limited.

      5/25/2012

    • DC Deliberating

      5/23/2012

    • Request Accepted by DC

      5/21/2012

    • Pending DC Consent

      5/18/2012
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