Markit iTraxx LevX Senior index adds Ineos, Vivarte to series 6 roll

By Jennifer Chiou

New York, March 18 - Markit Group Ltd. said it will roll its Markit iTraxx LevX Senior index into the sixth series on Monday with the following additions and removals:

• Ineos and Vivarte are in; and

• Manchester United and Orangina are out.

The maturity is set at June 20, 2015 with a coupon of 500 basis points and a 70% recovery rate.

Markit provides independent data, portfolio valuations and over-the-counter derivatives trade processing to the financial markets.

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