Markit updates changes to CDX North American Investment Grade index

By Jennifer Chiou

New York, March 14 - Markit Group Ltd. announced the expected changes for the Markit CDX North American Investment Grade index, when it rolls into series 22 on March 20.

As reported, News America Inc., Cisco Systems, Inc. and Goodrich Corp. will be removed. Cigna Corp. is now part of the expected removal list.

With the change, Procter & Gamble Co. is expected to be added to the index. The additions list already included 21st Century Fox America, Inc., Weyerhaeuser Co. and Newmont Mining Corp.

The list remains provisional until the final annex for the index is published.

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