Q60, run 2026-11-04-2024-sonnet-query
Whose credit risk does a holder of the Cross-group 4.75% notes due 2031 take, and is that entity in the same group as the issuer?
Tests: Roles across groups: the guarantor belongs to another group.
Expected: risk_of = E5145 same_group = no
sql run 1
You take the credit risk of E5145, the guarantor of I5007, and it is not in the same group as the issuer E5133 (Vesol Group).
JSON: {"risk_of": "E5145", "same_group": "no"}
sql run 2
The guarantor E5145 (Geren Group SA) is the risk, and it is not in the same group as the issuer. The issuer E5133 sits under E5132, whereas E5145 is its own root.
JSON: {"risk_of": "E5145", "same_group": "no"}
sql run 3
A holder takes the risk of E5145, the guarantor of I5007. It is not in the same group as the issuer E5133, whose group top is E5132.
JSON: {"risk_of": "E5145", "same_group": "no"}
sql+markdown run 1
E5037 (Cerid Guven Capital SA), the guarantor of I119. It is not in the same group as the issuer E5083, which is in the Belir group. Its own current rating was not retrieved.
JSON: {"risk_of": "E5037", "same_group": "no"}
Why: risk_of: expected E5145, got E5037
sql+markdown run 2
The holder takes E5145's credit risk (Geren Group). It is not in the same group as the issuer E5133, which belongs to the Vesol group.
JSON: {"risk_of": "E5145", "same_group": "no"}
sql+markdown run 3
A holder takes the credit risk of E5145, which is not in the same group as the issuer E5133.
JSON: {"risk_of": "E5145", "same_group": "no"}
sparql run 1
(no answer found)
JSON: {"risk_of": "E5145", "same_group": "no"}
sparql run 2
E5145, and no, it is not in the same group as the issuer E5133 (Vesol group).
JSON: {"risk_of": "E5145", "same_group": "no"}
sparql run 3
Geren Group's E5145 guarantees I5007, which E5133 issues, so the risk is E5145. It is probably not in the same group as the issuer, which is in the Vesol group; I did not verify this.
JSON: {"risk_of": "E5145", "same_group": "no"}
sparql+ontology run 1
The holder takes E5145's credit risk. It is not in the same group as the issuer: E5133 belongs to the Vesol group and E5145 to the Geren group.
JSON: {"risk_of": "E5145", "same_group": "no"}
sparql+ontology run 2
The holder takes the risk of E5145 (Geren Group SA), the guarantor. It is not in the same group as the issuer E5133, which is in the Vesol group.
JSON: {"risk_of": "E5145", "same_group": "no"}
sparql+ontology run 3
The credit risk of E5145, which is not in the same group as the issuer E5133.
JSON: {"risk_of": "E5145", "same_group": "no"}
sql+executed run 1
The holder takes the risk of E5145, the guarantor. It is not in the same group as the issuer E5133, which belongs to the Vesol group.
JSON: {"risk_of": "E5145", "same_group": "no"}
sql+executed run 2
E5145 (Geren Group SA). It is not in the same group as the issuer E5133, which is in the E5132 group.
JSON: {"risk_of": "E5145", "same_group": "no"}
sql+executed run 3
E5145 (Geren Group SA) is the guarantor and the credit risk. It is not in the same group as the issuer E5133, which is in the E5132 group.
JSON: {"risk_of": "E5145", "same_group": "no"}
sparql+axioms run 1
E5145. No: the issuer E5133 is in the Vesol group (E5132), while E5145 is its own ultimate parent.
JSON: {"risk_of": "E5145", "same_group": "no"}
sparql+axioms run 2
E5145, and the issuer E5133 is not in its group. This is inferred from the note's "Cross-group" name and the issuer/risk-bearer pairing, with groups not checked.
JSON: {"risk_of": "E5145", "same_group": "no"}
sparql+axioms run 3
E5145. It is not in the same group as the issuer E5133, whose ultimate parent is E5132.
JSON: {"risk_of": "E5145", "same_group": "no"}