Hawaiian Telcom LCDS recovery set at 40.125%

Ten dealers participated in the auction - the third to be held on an LCDX reference entity. Hawaiian Telcom is included in series 8-10 of the Markit LCDX indexes of North American LCDSs. The Honolulu-based communications firm filed for Chapter 11 bankruptcy protection on December 1.Separately, another LCDS auction is planned for Chicago-based publisher Tribune, which filed for bankruptcy protection on December 8. Tribune was a popular CDS reference entity and a component of many of the CDX i

To continue reading...