2023082801

Credit Event

Casino Guichard-Perrachon SA

Has a Failure to Pay Credit Event occurred with respect to Casino Guichard-Perrachon SA?

The EMEA DC has determined that a Failure to Pay Credit Event has occurred.

The Eligible Market Participant who submitted the DC Question provided the following documents in support of their question:

 

Auction Settlement Terms

Final Auction Settlement Terms

Deliverable Obligations

Final List

Timeline

Key Timeline:

Tuesday 29 August 2023

Event Determination Date.

Friday 22 September 2023

5.00pm London time: deadline for submission of Customer Physical Settlement Requests to the relevant Participating Bidder.

Monday 25 September 2023

Auction Date.

Tuesday 26 September 2023

4.00pm London time: deadline for Buyers to deliver Notices of Physical Settlement to Sellers in respect of any Representative Auction–Settled Transactions.

Thursday 28 September 2023

Auction Settlement Date.

Monday 2 October 2023

4.00pm London time: deadline for Sellers to deliver to Buyers any Seller Notices of Physical Settlement in respect of any Representative Auction–Settled Transactions.

Physical Settlement Dates in respect of any Representative Auction-Settled Transactions:*

  • Customer Buy RAST: Monday 16 October 2023
  • Direct RAST: Monday 23 October 2023
  • Customer Sell RAST: Monday 30 October 2023

*updated to correct a previous typo that referred to the Tuesday rather than the Monday in respect of each of the Physical Statement Dates.