2020031901

Credit Event

The Lebanese Republic

Event Publicly Available Information:

The Eligible Market Participant that submitted the DC Question requested that the DC consider whether a Failure to Pay Credit Event has occurred in respect a bond of the Reference Entity with ISIN XS0493540297 that was due on Monday 9 March 2020.

The Eligible Market Participant submitted the following supporting information in respect of the DC Question:

Press Release from the Republic of Lebanon Ministry of Finance

An-Nahar News Report

Information posted on Elmarada.org

A Bloomberg Article available through Bloomberg with the headline “Lebanon defaults on First-Ever Bond as Grace Period Expires”

Luxembourg Stock Exchange