Credit Event Notice

This Issue in United States

Credit Event Notice (cen)

Concept of Credit Event Notice (cen) in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A notice where the counterparty triggering the credit event (normally the protection buyer) informs the other counterparty that a credit event has occurred, describing what the triggering party believes constitutes the credit event.

Resources

See Also

• Derivatives Contract