Northwest Airlines, Inc.
Final Price: 28
Northwest Airlines, Inc.
At 10:55am EDT Tuesday 11th October 2005, 7 dealers submitted two-way
markets to determine the settlement price for index trades in
relation to the Chapter 11 filing by Northwest Airlines, Inc. This
resulted in a settlement price of 28.
The auction resulted in a trade with J.P. Morgan Securities Inc.
buying $10m of bonds from Bear, Stearns & Co. Inc. at a
price of 27.75.
For the results of the auction please see the Auction Results
Dealer Submissions
Reference Obligations covered under this protocol:
Back to 2005 Auction Results