S&P Dow Jones Indices announced the issuance of new versions for several of its CDX indices, effective December 5, 2025. The update follows the confirmation of a 'Failure to Pay' credit event related to NFE Financing LLC. The new index versions incorporate the credit event and a previous succession event involving New Fortress Energy Inc., which resulted in a split succession. This action ensures the affected indices accurately reflect the revised constituent structure for market participants who use these credit derivative benchmarks. This announcement is a procedural but important update for maintaining the integrity and accuracy of its specialized index products. No market reaction analysis concerning S&P Global's stock in response to this specific index maintenance announcement was available.
S&P Dow Jones Indices Updates CDX Index Versions Following Credit Event
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