The DC Question has been decided by the EMEA DC. Has a Failure to Pay Credit Event occurred with respect to Casino Guichard-Perrachon SA under Section 6.01(8) of the 2026 Notes and the 2027 Notes by virtue of the Reference Entity’s suspension of certain tax and social security payments and the moratorium mandated by the […]
The DC Question has been decided by the EMEA DC. Has a Failure to Pay Credit Event occurred with respect to Casino Guichard-Perrachon SA under Section 6.01(8) of the 2026 Notes and the 2027 Notes by virtue of the Reference Entity’s suspension of certain tax and social security payments and the moratorium mandated by the […]
The DC question has been decided by the EMEA DC. Has a Bankruptcy Credit Event occurred with respect to Casino Guichard-Perrachon SA on account of recent measures taken by the conciliators and announcements made by the Reference Entity? https://www.groupe-casino.fr/wp-content/uploads/2023/06/2023-06-28-PR-Casino-Group-Communication-.pdf https://www.groupe-casino.fr/wp-content/uploads/2023/05/2023-05-26-PR-Conciliation.pdf https://www.groupe-casino.fr/wp-content/uploads/2023/06/2023-06-21-PR-Update-on-the-conciliation-proceedings.pdf
The DC Question has been decided by the EMEA DC. The question being raised relates to the deferral of tax and social security liabilities and Section 6.01(8) of the Senior Notes due 2026. Has a Failure to Pay Credit Event occurred with respect to Casino Guichard-Perrachon SA? The Eligible Market Participant who submitted the potential […]
The Eligible Market Participant that submitted the potential DC question submitted the following question. This potential DC question was rejected by the EMEA DC. Would the French law rendering the ability of the Representative to cause the Notes to become immediately due and payable upon the entry of the Reference Entity into a conciliation procedure […]
To the extent Fallback Settlement (as defined in the 2014 CDS Definitions) applies, what are the Deliverable Obligations for each restructuring bucket in respect of Vue Entertainment International Limited. This question is asked in contemplation of Section 3.8(b) of the DC Rules, and is in line with the recent standard DC practice to produce a […]
If the DC determines that UBS Group AG is the Successor to Credit Suisse Group AG following the merger, please can the DC also determine the impact of the merger on Transactions that reference Credit Suisse Group AG at the subordinated level in particular. What would be the Obligations and Deliverable Obligations under such Transaction? […]
Is there a Successor to Credit Suisse Group AG? The DC question has been raised in respect of Standard European Corporate, Standard European Financial Corporate and Standard European CoCo Financial Corporate Transaction Types. In respect of the Financial Transaction Types, the DC question relates to both the Senior and Subordinated Level. The Eligible Market Participant […]
Has a Failure to Pay Credit Event occurred with respect to Casino Guichard-Perrachon SA? The Eligible Market Participant who submitted the above question provided the following documents in support of their question: Prospectus of the 2026 Notes: http://www.oblible.com/Prospectus/www.oblible.com__XS2276596538.pdf Kroll Landing Page in respect of Consent Solicitation in respect of 2026 Notes and 2027 Notes: https://deals.is.kroll.com/CASINO […]