Credit Event

Abengoa SA

On December 11, 2015 the EMEA Credit Derivatives Determinations Committee resolved that a Failure to Pay Credit Event occurred in respect of Abengoa S.A. and resolved that an Auction will be held in respect of 2014 Transactions. This page contains details of the DC Resolutions, Auction documentation and other items relating to the Auction for Abengoa S.A.

Event Publicly Available Information:

The Failure to Pay in question was a failure by the Reference Entity to pay amounts due as described in: Irish Stock Exchange Announcement



Auction Settlement Terms

Final Auction Settlement Terms for Abengoa S.A.

Final Auction Settlement Terms for Abengoa S.A. (redline against Alpha Appalachia Holdings, Inc.)

Final Auction Settlement Terms for Abengoa S.A. (redline against the Republic of Ukraine)

NB The 2016 Abengoa S.A. Auction Settlement Terms only cover transactions incorporating the 2014 ISDA Credit Derivatives Definitions.  Further to the DC Resolutions published on 5 January 2016 in respect of DC Issue 2015112702, these Auction Settlement Terms do not cover transactions incorporating the 2003 ISDA Credit Derivatives Definitions (as supplemented by the March 2009 Supplement or the July 2009 Supplement).

Deliverable Obligations

Final List

Submission of Potential Deliverable Obligations and Challenges 

Auction Timeline

Common Event Determination Date: Thursday, 10 December 2015

Auction Date: Thursday, 14 January 2016

Auction Settlement Date: Thursday, 21 January 2016

List of Participating Bidders

List of Participating Bidders