Markit updates provisional list of removals, additions to LCDX index

By Angela McDaniels

Tacoma, Wash., March 25 - Markit Group Ltd. added DirecTV Holdings LLC to the list of companies that it expects to remove from the Markit LCDX North American index when it rolls into series 16 on April 4.

It appears that there are no longer any secured loans outstanding for DirecTV, according to a Markit news release, making the company ineligible for inclusion.

The other expected removals are Dresser, Inc., Hanesbrands Inc., HealthSouth Corp. and Hexion Specialty Chemicals, Inc.

J. Crew Group, Inc. has been added to the list of expected additions, which also includes Carestream Health, Inc., General Motors Holdings LLC, iStar Financial Inc. and Univar Inc.

These changes remain provisional until the finalized annex for the index is published on April 1.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.