ISDA Asked to Rule Whether Dixons CDS in Restructuring Event

The International Swaps & Derivatives Association was asked to rule on whether credit- default swaps insuring Dixons Retail Plc (DXNS) debt can be triggered under a so-called restructuring credit event.

The U.K. electronics retailer extended the maturity of a revolving credit line in May.

To contact the reporter on this story: Abigail Moses in London at amoses5@bloomberg.net

To contact the editor responsible for this story: Paul Armstrong at parmstrong10@bloomberg.net

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