• /
  • Bank Dictionary

Credit Event Notice (CEN)

One of the notices required to be delivered to trigger a credit derivative transaction when a Notifying Party believes a Credit Event has occurred. A CEN must contain a description in reasonable detail of the facts relevant to the determination that a Credit Event has occurred. It should be noted that the delivery of the notice is a process to facilitate settlement and that delivery of the notice does not override fact or law. The CEN is typically coupled with a Notice of Publicly Available Information (NOPS).

Get Instant Advice

Join Our Affiliate Program

Easy Steps for our Affiliates

1
Join Our Program
Easy Registration. No KYC Required.
Join Us!
2
Generate a Lead
No Targets, Be your own Boss
Join Us!
3
Earn Commission
Get Paid after successful conversion of lead.
Join Us!
4
Get Paid!
Get Money directly in your bank account
Join Us!