maybeoneday
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SNS Reaal to test CDS auction process
LONDON, Feb 5 (IFR) - The nationalisation of SNS Reaal looks set to test the .......
"Based on the information available, the CDS should not have triggered at this point in time. All that has happened is the sub debt has been expropriated and there has been a non-binding announcement that it will be converted into equity," said one London-based derivatives lawyer.
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(Reporting By Christopher Whittall; editing by Alex Chambers and Julian Baker.)
Ma dove ha preso l'informazione di questo annuncio di conversione in equity ? Non l'avevo mai sentito, fino ad oggi....mi sono perso qualcosa ?