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ISDA Says it Will Rule on SNS Reaal Credit-Default Swap Payout

ISDA’s European Determinations Committee accepted a request to rule whether there has been a credit event with respect to SNS Bank NV. * General Interest Question * Credit event would trigger payouts on SNS CDS * Link to ISDA Website: http://dc.isda.org/credit-default-swaps- management/

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

To contact the editor responsible for this story: Michael Shanahan at mshanahan3@bloomberg.net

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