On May 13, 2009 it was announced that the Markit LCDX dealers voted to conduct a Credit Event Auction for HLI Operating Company, Inc. (HLI). Market Participants are reminded that in order to ensure that a transaction is brought within the Auction Terms, parties must have delivered a credit event notice and notice of publicly available information (or entered into a settlement agreement deeming these notices to be delivered) effective on or prior to the auction date. Further documentation relating to the auction will be added as it becomes available.
