General Motors Corporation Credit Event
On June 1, 2009 Markit Group Limited announced that the Markit LCDX dealers voted to conduct a Credit Event Auction for General Motors Corporation. 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.
Please note that the auction is scheduled for Friday June 12.
Further documentation relating to the auction will be added as it becomes available.