On November 15, 2012 the Credit Derivatives Determinations Committee for the Americas resolved that a Bankruptcy Credit Event occurred in respect of Overseas Shipholding Group, Inc. and on the November 16, 2012 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 Overseas Shipholding Group, Inc..
Further documentation relating to the auction will be added as it becomes available.
Event Publicly Available Information:
Link to company press release: http://ir.osg.com/phoenix.zhtml?c=82053&p=irol-newsArticle&ID=1758538&highlight=
| List of Participating Bidders | |
| Deliverable Obligations | Submission of Potential Deliverable Obligations and Challenges |
| Auction Timeline | Common Event Determination Date: Wednesday, November 14, 2012 |
| Auction Settlement Terms: | Final Auction Settlement Terms for Overseas Shipholding Group, Inc. Blackline against the 2012 Residential Capital, LLC Auction Settlement Terms |
| Related Press Release | ISDA Credit Derivatives Determinations Committee: Overseas Shipholding Group, Inc. Credit Event |