Creditex buys minority stake in loan settlement firm
CreditFlux - May 14, 2007
Creditex announced its acquisition of a minority stake in loan settlement services company Trade Settlement (TSI). The
agreement also involves a partnership between TSI and T-Zero®, the credit derivative processing platform which is an independent
subsidiary of Creditex. TSI is preparing to expand its post-trade platform for primary and secondary syndicated loans to
the European market, according to the announcement.