You must be logged in to add items to your Shopping Cart.
Reset your password
Login or Sign Up Now
Sign Up
Already have an account? Login.
Standard Terms Supplement and Confirmation for Syndicated Secured Loan Contingent Credit Default Swap Transaction
Standard Terms Supplement and Confirmation for Syndicated Secured Loan Contingent Credit Default Swap Transaction
The Standard Terms Supplement and Confirmation for a Syndicated Secured Loan Contingent Credit Default Swap Transaction allow parties to hedge the credit risk associated with counterparty default in derivative transactions using Syndicated Secured Loans as Deliverable Obligations. These documents incorporate the mechanics developed in the Contingent CDS template (published by ISDA on February 6, 2007) into the North American Syndicated Secured Loan CDS documentation. The principal distinction between these documents and the standard North American Syndicated Secured Loan CDS documentation relates to how the Floating Rate Payer Calculation Amount is determined upon a Credit Event.