Event Publicly Available Information:
The Eligible Market Participant who submitted the DC Question requested the EMEA DC to consider whether there is a Successor to Picard Bondco S.A. (“Picard Bondco”).
The Eligible Market Participant noted that the Picard Group press release dated 5 August 2026 states that Picard Bondco merged with and into Lion/Polaris Lux Holdco S.à r.l. (“Lux Holdco”) via a Luxembourg dissolution without liquidation (dissolution sans liquidation), resulting in a universal title of succession (transmission universelle de patrimoine) from Picard Bondco to Lux Holdco, and further states that, upon completion, Picard Bondco ceased to exist and Lux Holdco became its successor-in-law, including assuming certain of its specified debt obligations.
| Date | Description | Document |
|---|---|---|
| Request Accepted by DC | An EMEA DC meeting has been scheduled for 14:00 London time on 15 October 2026 to commence discussions. | |
| Pending DC Consent |