2016062101

Credit Event

Portugal Telecom International Finance B.V.

Event Publicly Available Information:

Auction Timeline

Common Event Determination Date: 21 June 2016.

Auction Date: 21 July 2016.

Auction Settlement Date: 26 July 2016.

Deliverable Obligations

Final List of Deliverable Obligations for Portugal International Finance B.V.

Auction Settlement Terms

2016 Portugal Telecom International Finance B.V. Credit Derivatives Auction Settlement Terms

2016 Portugal Telecom International Finance B.V. Credit Derivatives Auction Settlement Terms (blacklined against Auction Settlement Terms for Norske Skogindustrier ASA)

Portugal Telecom International Finance B.V. Form of Customer Physical Settlement Request Letter

Portugal Telecom International Finance B.V. Form of Notice of Physical Settlement

Explanatory statement on the 2016 Portugal Telecom International Finance B.V. Credit Derivatives Auction Settlement Terms

Explanatory note on modifications to RAST settlement provisions

List of Participating Bidders

List of Participating Bidders in Portugal Telecom International Finance B.V. Bankruptcy Credit Event Auction