Syncora Credit Event

On May 1, 2009 the Credit Derivatives Determinations Committee for the Americas resolved that a credit event occurred in respect of Syncora Guarantee Inc. (formerly known as XL Capital Assurance 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 Syncora Guarantee Inc.

Further documentation relating to the auction will be added as it becomes available

Auction Timeline: ISDA Credit Event Timeline
Related DC Resolutions: Determinations Committee Issue 2009043001
Deliverable Obligations: Syncora Final List of Deliverable Obligations
Guidance on calculation of outstanding principal balance
Submission of Potential Deliverable Obligations and Challenges
Final Auction Terms: Syncora Auction Settlement Terms
Blackline Auction Terms: Blackline against Bowater Form of Auction Settlement Terms
Customer Physical Settlement Request: Form of Customer Physical Settlement Request Letter
List of Participating Bidders: List of Participating Bidders for Syncora CDS Auction
Press Release ISDA to Publish Auction Terms for Syncora