Hellas Telecommunications (Luxembourg) II: Bankruptcy Credit Event

On November 18, 2009 the Credit Derivatives Determination Committee for EMEA resolved that a Bankruptcy Credit Event has occurred with respect to Hellas Telecommunications (Luxembourg) II (“Hellas”) and the date of the Credit Event is November 17, 2009. The EMEA Determination Committee has also resolved that one or more auctions may be held to settle relevant transactions with respect to this Bankruptcy Credit Event. This page will contain details of the DC Resolutions, auction documentation and other items relating to the auctions for Hellas.

Further documentation relating to the auction will be added as it becomes available.