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Dynegy auction to be held for settling credit derivative trades
By Susanna Moon
Chicago, Nov. 9 - Dynegy Holdings, LLC's credit derivative trades will be settled by auction, according to Markit and Creditex.
The timing will be announced later.
Dynegy is a Houston-based producer and seller of electric energy, capacity and ancillary services. It filed for bankruptcy on Monday. The Chapter 11 case number is 11-38111.
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