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Orinoco Retail Holdings plc · Corporate · Failure to pay · 2027-04-10

Orinoco Retail Holdings plc 2027

publishedvalidation split10 verified of 10 questions · 2 documents · 1 instruments

Orinoco Retail Holdings plc experienced a failure to pay credit event in 2027. The record contains the terms of the JPY 2035 Notes, a Determinations Committee notice.

Timeline

What happened, when

  1. 2024-04-10Notes issued.
  2. 2027-04-10Credit event determined.
Instruments

Obligations in scope

InstrumentIssuerIdentifiersCurrencyMaturitySeniorityQuestions
JPY 2035 NotesOrinoco Retail Holdings plcISIN XS1000023757JPY2035-04-10Subordinated10
Key question · #36 · 2 of 4 models missed
Is the instrument transferable without the consent of the Issuer?
Claude GPT Gemini Mastermind
Key question · #39 · 2 of 4 models missed
Which section of the record establishes the seniority (ranking) of the instrument? Answer with the section identifier (e…
Claude GPT Gemini Mastermind
Key question · #31 · 1 of 4 models missed
What is the maturity date of the instrument? Answer as YYYY-MM-DD.
Claude GPT Gemini Mastermind
Case Replays

Every benchmark question and how each model did

#QuestionLevelVerifiedClaudeGPTGeminiMastermind
31What is the maturity date of the instrument? Answer as YYYY-MM-DD.Fact extraction2035-04-10deterministically verified✓✓✕✓
32In which currency is the instrument denominated? Answer with the ISO currency code.Fact extractionJPYdeterministically verified✓✓✓✓
33Does the instrument's maturity satisfy a maximum maturity of 30 years measured from the cr…Rule applicationYesdeterministically verified✓✓✓✓
34Is the instrument denominated in a Specified Currency (USD, EUR, JPY, GBP, CHF, CAD)?Rule applicationYesdeterministically verified✓✓✓✓
35Is the instrument subordinated?Rule applicationYesdeterministically verified✓✓✓✓
36Is the instrument transferable without the consent of the Issuer?Document interpretationYesdeterministically verified△✓✓△
37Applying the standard Deliverable Obligation Characteristics (Not Subordinated, Specified …DeliverabilityIneligibledeterministically verified✓✓✓✓
38Is the issuer of the instrument the Reference Entity or a recognised successor of it accor…Rule applicationYesdeterministically verified✓✓✓✓
39Which section of the record establishes the seniority (ranking) of the instrument? Answer …Fact extractionDOC-1#S4deterministically verified✓✕✕✓
40Does the record contain enough evidence to reach a reliable deliverability conclusion with…UncertaintyYesdeterministically verified✓✓✓✓
Public documents

The record

  • DOC-1 JPY 2035 Notes — Terms and Conditions (excerpt)
  • DOC-2 Determinations Committee notice — Orinoco Retail Holdings plc
Related cases

Precedents by structure, not by keyword

  • Orinoco Retail Holdings plc 2026 (B)Ineligible
    Why relevant
    Same credit event type (FAILURE_TO_PAY); Same entity type (CORPORATE); Has a verified deliverability outcome; Shared characteristics: subordinated, corporate; Similar documentation language
    Important difference
    Facts may still differ in the specific documents; do not copy the outcome.
  • Northgate Shipping Ltd 2027 (B)Eligible
    Why relevant
    Same entity type (CORPORATE); Has a verified deliverability outcome; Shared characteristics: corporate; Similar documentation language
    Important difference
    Different credit event type (RESTRUCTURING vs FAILURE_TO_PAY). Outcomes depend on the specific documents; do not copy.
  • Solvane Airlines S.A. 2027Insufficient information
    Why relevant
    Same entity type (CORPORATE); Has a verified deliverability outcome; Shared characteristics: corporate; Similar documentation language
    Important difference
    Different credit event type (RESTRUCTURING vs FAILURE_TO_PAY). Outcomes depend on the specific documents; do not copy.
  • Meridian Telecom S.A. 2026Insufficient information
    Why relevant
    Same entity type (CORPORATE); Has a verified deliverability outcome; Shared characteristics: corporate; Similar documentation language
    Important difference
    Different credit event type (RESTRUCTURING vs FAILURE_TO_PAY). Outcomes depend on the specific documents; do not copy.