Email Contact Phone Company Visit Website

New York Office

40 Fulton Street 11th Floor
New York

Location Office

Charlotte House, 47-49 Charlotte Road

London Office

Broken Wharf House 2 Broken Wharf High Timber Street


020 7890 5094


Teresa Chick
[email protected]
Back to all IHS Markit announcements

Markit Announces Masonite International Corporation Credit Event

Markit today announced that a credit event occurred at Masonite International Corporation and Markit LCDX index dealers voted to conduct a Credit Event Auction to facilitate the settlement of loan-only credit derivative trades referencing the company, which is a constituent of the Markit LCDX index.

The auction terms, including the auction date, will be determined by Markit LCDX dealers according to LCDS Auction Rules published on the International Swaps and Derivatives Association (ISDA) website during the next few weeks. Markit and Creditex are the official administrators of Credit Event Auctions.

Masonite International Corporation is a constituent of series 8, 9 and 10 of the Markit LCDX index.

The Credit Event Auction process was launched in 2005 by Markit and Creditex in collaboration with ISDA and major credit derivative dealers. Auctions have been held to facilitate settlement of credit derivative trades referencing Kaupthing Banki hf, Glitnir Banki hf, Landsbanki Islands hf, Washington Mutual Inc., Lehman Brothers Holdings Inc., Federal National Mortgage Association, Federal Home Loan Mortgage Corporation, Tembec Industries Inc., Quebecor World Inc., Movie Gallery, Collins & Aikman, Delta Air Lines, Northwest Airlines, Delphi Corporation, Calpine Corporation, Dana Corporation and Dura.