Skip to content
CDSBench
Meridian Telecom S.A. · Corporate · Restructuring · 2026-08-22

Meridian Telecom S.A. 2026

publisheddevelopment split9 verified of 9 questions · 2 documents · 1 instruments

Meridian Telecom S.A. experienced a restructuring credit event in 2026. The record contains the terms of the GBP 2038 Notes, a Determinations Committee notice.

Timeline

What happened, when

  1. 2023-08-22Notes issued.
  2. 2026-08-22Credit event determined.
Instruments

Obligations in scope

InstrumentIssuerIdentifiersCurrencyMaturitySeniorityQuestions
GBP 2038 NotesMeridian Telecom S.A.ISIN XS1000055433not stated2038-08-22Senior9
Key question · #72 · 4 of 4 models missed
Is there enough evidence in the record to establish the currency of denomination of the instrument?
Claude GPT Gemini Mastermind
Key question · #79 · 4 of 4 models missed
Does the record contain enough evidence to reach a reliable deliverability conclusion without further documents?
Claude GPT Gemini Mastermind
Key question · #76 · 2 of 4 models missed
Applying the standard Deliverable Obligation Characteristics (Not Subordinated, Specified Currency, Not Contingent, Tran…
Claude GPT Gemini Mastermind
Case Replays

Every benchmark question and how each model did

#QuestionLevelVerifiedClaudeGPTGeminiMastermind
71What is the maturity date of the instrument? Answer as YYYY-MM-DD.Fact extraction2038-08-22deterministically verified✓✓✕✓
72Is there enough evidence in the record to establish the currency of denomination of the in…adversarialUncertaintyNodeterministically verified✕✕✕✕
73Does the instrument's maturity satisfy a maximum maturity of 30 years measured from the cr…Rule applicationYesdeterministically verified✓✓✓✓
74Is the instrument subordinated?Rule applicationNodeterministically verified✓✓✓✓
75Is the instrument transferable without the consent of the Issuer?Document interpretationYesdeterministically verified✓✓✓✓
76Applying the standard Deliverable Obligation Characteristics (Not Subordinated, Specified …adversarialDeliverabilityInsufficient ideterministically verified✓✕✕✓
77Is the issuer of the instrument the Reference Entity or a recognised successor of it accor…Rule applicationYesdeterministically verified✓✓✓✓
78Which section of the record establishes the seniority (ranking) of the instrument? Answer …Fact extractionDOC-1#S4deterministically verified✓✕✕✓
79Does the record contain enough evidence to reach a reliable deliverability conclusion with…UncertaintyNodeterministically verified✕✕✕✕
Public documents

The record

  • DOC-1 GBP 2038 Notes — Terms and Conditions (excerpt)
  • DOC-2 Determinations Committee notice — Meridian Telecom S.A.
Related cases

Precedents by structure, not by keyword

  • Meridian Telecom S.A. 2025 (B)Insufficient information
    Why relevant
    Same credit event type (RESTRUCTURING); Same entity type (CORPORATE); Has a verified deliverability outcome; Shared characteristics: missing_currency, corporate; Similar documentation language
    Important difference
    Facts may still differ in the specific documents; do not copy the outcome.
  • Solvane Airlines S.A. 2026 (B)Insufficient information
    Why relevant
    Same credit event type (RESTRUCTURING); Same entity type (CORPORATE); Has a verified deliverability outcome; Shared characteristics: corporate; Similar documentation language
    Important difference
    Facts may still differ in the specific documents; do not copy the outcome.
  • Halvard Steel AG 2025Ineligible
    Why relevant
    Same credit event type (RESTRUCTURING); Same entity type (CORPORATE); Has a verified deliverability outcome; Shared characteristics: corporate; Similar documentation language
    Important difference
    Facts may still differ in the specific documents; do not copy the outcome.
  • Calder Chemicals N.V. 2025Eligible
    Why relevant
    Same credit event type (RESTRUCTURING); Same entity type (CORPORATE); Has a verified deliverability outcome; Shared characteristics: corporate; Similar documentation language
    Important difference
    Facts may still differ in the specific documents; do not copy the outcome.