Substitute Reference Obligations – Multiple Affected Reference Entities

Posted on September 16th, 2014 by admin

Is the obligation set out in Column C of Annex 1 of the attached document a Substitute Reference Obligation of the relevant Affected Reference Entity set out in Column A of Annex 1, while preserving the economic equivalent, as closely as practicable, of the delivery and payment obligations of two hypothetical parties to a Relevant […]

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JSC Alliance Bank

Posted on April 7th, 2014 by admin

Question: Has a Failure to Pay Credit Event occurred with respect to JSC Alliance Bank? Additional Information: JSC Alliance Bank failed to make a payment of interest on various notes outstanding (Discount Notes, Part Notes and Subordinated Notes). The Interest Payment Date was March 25, 2014 (6(a) of the Terms and Conditions of the Discount Dollar […]

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