| Issue Number |
Submitted By |
Last Updated |
Reference Entity |
Transaction Type |
Question |
Category |
Further Information Provided |
Current Status |
|
More Info |
| 2012011901 | UBS AG | 2/7/2012 | Eastman Kodak Company | North American Corporate | Has a Bankruptcy Credit Event occurred with respect to Eastman Kodak Company? | Credit Event | http://investor.kodak.com/phoenix.zhtml?c=115911&p=irol-newsArticle&ID=1650196&highlight= | Supplemental List Published | Question Decided | More Info |
| 2011121501 | UBS AG | 1/30/2012 | Northern Rock (Asset Management) plc | European Corporate | Has a Restructuring Credit Event occurred with respect to Northern Rock (Asset Management) plc? | Credit Event | http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary-via-tidm.html?tidm=85HX | List of Participating Bidders Published | Question Decided | More Info |
| 2012011101 | General Interest Question | 1/11/2012 | Panasonic Electric Works Co., Ltd. | Japan Corporate | Has a Succession Event occurred with respect to Panasonic Electric Works Co., Ltd.? | Succession Event | In a press release (“Press Release”) entitled “Panasonic to Absorb Wholly-Owned Subsidiary (Panasonic Electric Works Co., Ltd.)” and dated 31 August 2011, Panasonic Corporation (Securities Code: 6752) (the “Company”), announced, inter alia, that it would enter into a merger with its wholly owned subsidiary Panasonic Electric Works Co., Ltd. (the “Reference Entity”), which merger would become effective on 1 January 2012. The Press Release also noted that the Company would be the surviving entity and the Reference Entity dissolved upon the merger.
According to the “Stock Price/Rating” page (http://panasonic.net/ir/ratings/ ) of the Company’s website, the Reference Entity had three corporate bonds (series 2, 3 and 4) outstanding and maturing on 20 December 2013, 19 June 2015 and 20 June 2019 respectively. A footnote of the same page informs that ‘Panasonic succeeded corporate bonds of Panasonic Electric Works and SANYO on January 1, 2012.’
Additional Information:
(a) Press Release 31 August 2011 (http://panasonic.co.jp/corp/news/official.data/data.dir/en110831-7/en110831-7.html)
(b) Panasonic Stock Price/Rating Page (http://panasonic.net/ir/ratings/ )
(c) Press release dated 21 December 2010 (http://panasonic.net/ir/library/pewlib/tob/pdf/IR101221_en.pdf )
| Request Accepted by DC | | More Info |
| 2012010501 | General Interest Question | 1/6/2012 | SANYO Electric Co., Ltd. | Japan Corporate | Has a Succession Event occurred with respect to SANYO Electric Co., Ltd.? | Succession Event | Osaka, Japan, August 31, 2011 - Panasonic Corporation ([NYSE:PC/TSE:6752] "Panasonic") today announced that its Board of Directors has decided and signed an agreement to assume operations related to bond financing, redemption and administrative work of SANYO Electric Co., Ltd. (SANYO), a wholly-owned consolidated subsidiary of Panasonic, through business division. This division is expected to take effect on January 1, 2012. Details of the business division are outlined below.
http://panasonic.co.jp/corp/news/official.data/data.dir/en110831-8/en110831-8.html
Sanyo Electric removes logo ahead of Jan. reorganization under Panasonic
OSAKA (Kyodo) -- Sanyo Electric Co. removed its logo from the outer wall of its headquarters building in Moriguchi, Osaka Prefecture on Friday to prepare for the planned reorganization next month of the group led by its parent Panasonic Corp.Along with the reorganization of three Panasonic group companies, all logos of Sanyo, an established electric appliance maker founded in 1947 but acquired by its bigger rival Panasonic in 2009 amid a slump in performance, will be replaced with Panasonic logos, company officials said.Kadoma, Osaka Prefecture-based Panasonic acquired all the shares of Sanyo and Panasonic Electric Works Co. in April and plans to rebrand their products as Panasonic through a reorganization of their businesses.The Sanyo logo at the firm's head office had been there since the building was erected in 1999. About 3 meters tall and 9 meters wide and placed at the level of the 10th floor, it was removed letter by letter by a crane."I will miss it but both Sanyo and Panasonic are local companies (based in Osaka prefecture). I hope the group will do its best in unity," a nearby resident said.
(Mainichi Japan) December 24, 2011
http://mdn.mainichi.jp/mdnnews/business/news/20111224p2g00m0bu053000c.html
| Request Accepted by DC | | More Info |
| 2011102601 | UBS Limited | 11/2/2011 | The Royal Bank of Scotland N.V. | European Corporate | Has a Succession Event occurred with respect to The Royal Bank of Scotland N.V.? | Succession Event | Effective Date of Part VII Scheme: 17 October 2001
http://www.investors.rbs.com/download/rbs_nv/RBSNV_PART7_DATE.pdf
Part VII Scheme (as sanctioned by the Court on 23 September 2011)
http://www.investors.rbs.com/download/rbs_nv/Part_VII_Scheme_sept2011.pdf
Proposed transfers of assets and liabilities of RBS N.V. to RBS plc 19th April 2011: http://www.investors.rbs.com/download/rbs_nv/rbsnv_110419.pdf | DC Deliberating | | More Info |
| 2009081701 | EMEA DC Voting Members | 10/25/2011 | EMEA Historical Succession Events | European Corporate | | Succession Event | Updates to this list will be posted on an ongoing basis | Ongoing | | More Info |
| 2011100301 | UBS Limited | 10/17/2011 | Victor Company of Japan, Limited | Japan Corporate | Has a Succession Event occurred with respect to Victor Company of Japan, Limited? | Succession Event | Victor Company of Japan, Limited was merged into JVC KENWOOD Corporation with JVC KENWOOD Corporation the surviving entity.
Links to company press releases:
http://www.jvckenwood.co.jp/en/press/2011/08/press_110801_02.pdf
http://www.jvckenwood.co.jp/press/2011/10/press_111003.pdf
| Request Accepted by DC | Question Decided | More Info |
| 2010012901 | Japan DC Voting Members | 5/18/2011 | Japan Historical Succession Events | Japan Corporate | | Succession Event | Updates to this list will be posted on an ongoing basis | Ongoing | | More Info |
| 2011042602 | UBS Limited | 4/26/2011 | Allied Irish Banks, plc | European Corporate | Has a Restructuring Credit Event occurred with respect to Allied Irish Banks, plc? | Credit Event | Link to AIB press release | Question Withdrawn | Question Withdrawn | More Info |
| 2009091001 | Asia Ex-Japan DC Voting Members | 4/21/2011 | Asia Ex-Japan Historical Succession Events | Asia Corporate | | Succession Event | Updates to this list will be posted on an ongoing basis | Ongoing | | More Info |
| 2011040401 | Americas DC Voting Members | 4/14/2011 | New Albertson's, Inc. | North American Corporate | With reference to the Determinations Committee's powers under Section 3.8 of the Credit Derivatives Determinations Committees Rules, do you agree that the corporate events related to New Albertson's, Inc. by which it changed its jurisdiction of incorporation from Delaware to Ohio on December 26, 2008 should be treated as a name change for purposes of Relevant Transactions entered into on or prior to the date of the Determinations Committee's ruling on this question? | Other | http://www.sec.gov/Archives/edgar/data/95521/000095013709000143/c48042exv4w1.htm
http://www.sec.gov/Archives/edgar/data/95521/000095013709000143/0000950137-09-000143-index.htm | Request Accepted by DC | Question Decided | More Info |
| 2009081101 | Americas DC Voting Members | 3/21/2011 | Americas Historical Succession Events | North American Corporate | | Succession Event | Updates to this list will be posted on an ongoing basis | Ongoing | | More Info |
| 2010020301 | Australia-New Zealand DC Voting Members | 3/21/2011 | Australia-New Zealand Historical Succession Events | Australia Corporate / New Zealand Corporate | | Succession Event | Updates to this list will be posted on an ongoing basis | Ongoing | | More Info |
| 2010071401 | Mitsubishi UFJ Morgan Stanley Securities | 7/14/2010 | The Senshu Bank/ Bank of Ikeda, Ltd. | Japan Corporate | Has a Succession Event occurred with respect to The Senshu Bank/ Bank of Ikeda, Ltd.? | Succession Event | Supporting links:
http://www.r-i.co.jp/eng/body/cfp/news_release_C/2010/05/news_release_2010-C-405_01.pdf
http://www.sihd-bk.jp/kokuchi/i/pc.html - in Japanese
http://www.sihd-bk.jp/ - in Japanese
http://www.r-i.co.jp/jpn/body/cfp/news_release_C/2010/04/news_release_2010-C-356_01.pdf - in Japanese, but we understand this is a key document
| DC Deliberating | Question Withdrawn | More Info |