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Minority creditors beware: the LME may not be a restructuring under European corporate CDS

12 April 2026 / Author(s): Julia Lu , Ru-Woei Foong
Issue: April 2026 / Categories: Spotlight

In this Spotlight article, the authors consider whether and when typical liability management exercise structures are likely to trigger a restructuring credit event, and the timing for settlement where a restructuring credit event is triggered, under a European corporate credit default swap.

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