Has a Failure to Pay Credit Event occurred with respect to Sino-Ocean Group Holding Limited? The Eligible Market Participant who submitted the DC Question provided the following documents in support of their question: Announcement by the Reference Entity of 14 August: https://www1.hkexnews.hk/listedco/listconews/sehk/2023/0814/2023081400021.pdf Yicai Global news article of 16 August 2023: https://www.yicaiglobal.com/news/sino-ocean-defaults-on-bond-interest-payment-braces-for-up-to-usd27-billion-in-first-half-losses Asia Times news article […]

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: Casino announcement of 21 June regarding standstill of interest […]

The Eligible Market Participant who submitted the DC Question provided the following documents in support of their question: Casino announcement of 21 June regarding standstill of interest payments: https://www.groupe-casino.fr/wp-content/uploads/2023/06/2023-06-21-PR-Update-on-the-conciliation-proceedings.pdf Moody’s article of 18 August appending limited default to Casino after payment default on the 2026 Notes: https://www.moodys.com/research/Moodys-appends-limited-default-LD-to-Casino-after-payment-default–PR_479529?cy=fra&lang=fr Bloomberg article of 18 August referencing Moody’s announcement: […]

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 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