Karen Brettell

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Position: Journalist

Articles

CIT CDS valued at around 70.25 pct in auction November 20, 03:43pm EST

NEW YORK, Nov 20 (Reuters) - Sellers of protection on CIT Group's <CITGQ.PK> bonds will need to make payments of around 30 percent the insurance they sold on the bankrupt commercial lender, based on the initial results of an auction on Friday to value ... Full Article

UPDATE 1-CIT Group CDS settle at 68.12 pct in auction November 20, 07:33pm EST

NEW YORK, Nov 20 (Reuters) - Sellers of protection on CIT Group Inc's <CITGQ.PK> bonds will need to pay buyers 31.88 percent of the insurance they sold, after an auction was held on Friday to set a value for the company's credit default swaps. ... Full Article

CIT Group CDS valued at 68.12 pct in auction November 20, 07:05pm EST

NEW YORK, Nov 20 (Reuters) - Sellers of protection on CIT Group's <CITGQ.PK> bonds will pay buyers 31.88 percent the insurance they sold, after an auction was held on Friday to set a value for the company's credit default swaps. Full Article

US junk bond funds report $360 mln net inflow-AMG

US CREDIT-Strong bank bid could squeeze CIT's CDS auction

Moody's cuts UBS, cites loss of client confidence

US CREDIT-ResCap volatile as GMAC's plans uncertain

Debt restructurings spark CDS confusion