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Credit event has not occurred in relation to Credit Suisse, derivatives committee says

LONDON (Reuters) -Holders of credit insurance linked to Credit Suisse bonds will not get a payout after a committee that adjudicates on disputes in the derivatives market said on Wednesday the bank's state-engineered merger with UBS did not constitute a credit event. | 12:55pm
Karin Strohecker Chiara Elisei Credit Derivatives Determination Committee Credit Suisse Governmental Intervention Credit Event Derivatives Determination Committee

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