CDS Payout Uncertainty Is Pushing Investors Out of Ardagh Trade
Uncertainty over the rules governing the payout of credit default swaps has sown confusion among traders ahead of a potential settlement tied to Ardagh Group SA, the Irish glass bottle...
By Giulia Morpurgo · Bloomberg Markets
Uncertainty over the rules governing the payout of credit default swaps has sown confusion among traders ahead of a potential settlement tied to Ardagh Group SA, the Irish glass bottle and packaging maker.