Has a Bankruptcy Credit Event occurred with respect to Atos SE? The Eligible Market Participant asked if a Bankruptcy Credit Event had occurred with respect to the Reference Entity (including under Section 4.2(d) of the 2014 Definitions) as a result of the opening of the accelerated safeguard proceedings. ATOS Market Communication: https://atos.net/en/2024/press-release_2024_07_24/market-update-july-24-2024

Is there a Successor to Solvay SA? The Eligible Market Participant noted for the potential DC Question that: Per announcement, Solvay SA has separated into two independent companies: Solvay SA and Syensqo on 12/9/2023, with following ISINs moving to newly split off Syensqo: €500,000,000 Undated Deeply Subordinated Fixed to Reset Rate Perp-NC5.5 Bonds with first […]

Is there a Successor to Aegon N.V.? The Eligible Market Participant noted for the potential DC Question that: In September 2023, Aegon N.V., a public limited liability company (naamloze vennootschap) governed by the laws of the Netherlands, changed its legal domicile to Bermuda and became Aegon Ltd. As Dutch law currently does not facilitate a […]

Is there a Successor to AngloGold Ashanti Limited? The Eligible Market Participant noted for the DC Question that: AngloGold Ashanti Limited has undergone a corporate reorganisation involving the purchase of the assets of AngloGold Ashanti Limited by AngloGold Ashanti plc.  In connection with such reorganisation, AngloGold Ashanti Limited shares have been delisted from all the […]

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 […]