General Motors Corporation Credit Event

On June 1, 2009 Markit Group Limited announced that the Markit LCDX dealers voted to conduct a Credit Event Auction for General Motors Corporation.  Market Participants are reminded that in order to ensure that a transaction is brought within the Auction Terms, parties must have delivered a credit event notice and notice of publicly available information (or entered into a settlement agreement deeming these notices to be delivered) effective on or prior to the auction date.

Please note that the auction is scheduled for Friday June 12.

Further documentation relating to the auction will be added as it becomes available.

Final Auction Terms:

GM LCDS Auction Settlement Terms

List of Participating Bidders: List of Participating Bidders

Blackline Auction Terms :

Blackline against Georgia Gulf LCDS Auction Settlement Terms

Frequently Asked Questions: GM FAQ's
Customer Physical Settlement Request Letter: Customer Physical Settlement Request Letter

USA:

General Motors Corporation USA
General Motors Corporation USA FAQs
Signature Page

Deadline to submit USA: June 5, 2009 at 4pm NY time.  Refer to USA FAQ's above for further details.  
USA Blackline: Blackline General Motors Corporation USA against GGP USA
Press Release: ISDA to Publish Auction Terms for GM