Reader Results: Should ISDA Review The Definition of Restructuring as a Credit Event?

August 19, 2011 08:49 pm

We asked you if the International Swaps and Derivatives Assocation should review the definition of restructuring as a credit event. Results after the jump.

The International Swaps and Derivatives Association said it would review the definition of restructuring as a credit event if that is what the industry wants. If our the result of our recent reader poll is anything to go by a review from ISDA should be imminent.

ISDA Calls Irish L&P Restructuring A Credit Event

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