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 […]

Has a Bankruptcy 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: Press release of the Reference Entity dated 26 May 2023 announcing initiation of conciliation procedure: https://www.groupe-casino.fr/wp-content/uploads/2023/05/2023-05-26-PR-Conciliation.pdf Reuters news article dated 26 May 2023: https://www.reuters.com/business/retail-consumer/debt-laden-retailer-casino-enters-court-backed-negotiations-with-creditors-2023-05-26/ Bloomberg […]

Has a Bankruptcy Credit Event occurred with respect to Credit Suisse Group AG? The EMEA DC has determined that a Bankruptcy Credit has not occurred. See decision and statement to the right. The DC question has been raised in respect of Standard European Corporate, Standard European Financial Corporate and Standard European CoCo Financial Corporate Transaction […]

Has a Governmental Intervention Credit Event occurred with respect to Credit Suisse Group AG? The EMEA DC has made its determination in respect of Subordinated Transactions on either the Standard European Financial Corporate Transaction Type or the Standard European CoCo Financial Corporate Transaction Type that specify Credit Suisse Group AG as the Reference Entity. The […]

Has a Failure to Pay Credit Event occurred with respect to Evraz Group S.A.? The Eligible Market Participant who submitted the above question provided the following documents in support of their question: Press release by Evraz plc dated 20 March 2023 announcing that its 5.375% Notes due on 20 March 2023 (the 2023 Notes) would […]

Is there a Successor to Prudential Plc? The Eligible Market Participant that submitted the DC Question included the following links: Prudential Plc / Prudential Funding Asia Plc press release Issuer\’s credit investor information and documentation page (including guarantee terms) Fitch notice Moody\’s notice Slaughter and May deal announcement  

Has a Bankruptcy Credit Event occurred with respect to Vue International Bidco PLC? The Eligible Market Participant who submitted the above question did so in particular focusing on Section 4.2(c) of the 2014 Definitions and provided the following documents in support of their question: The financial restructuring page in relation to Vue hosted by Kroll […]

Is there a Successor to Vue International Bidco PLC? The Eligible Market Participant that submitted the DC Question included the following links: The release of security by Vue International Bidco plc on 8 February 2023 Press release Moody\’s announcement Moody\’s announcement Moody\’s announcement S&P announcement