oldmouseit
Forumer storico
scusa ma col concordato in bianco non dovrebbe essere flat?
Bonds ASTALDI
- Creatore Discussione bosmeld
- Data di Inizio
oldmouseit
Forumer storico
non so
Quando il giudice accetterà la richiesta di concordato i debiti verranno congelati
oldmouseit
Forumer storico
ha aperto, scambia a 24.5
paolo.libero
Nuovo forumer
Per i possessori di bond ASTALDI insieme ad altri amici stiamo tentando di creare un gruppo per darci visibilità tramite l' ADUC nazionale per farci avere visibilità tramite i media ma non solo in questa maniera possiamo se le cose si mettono male con una rappresentanza ' del 10% della classe si puo' impugnare la proposta e fare una controproposta quindi vi invito a diffondere la cosa parliamo di 750 lotti .
a oggi abbiamo raggiunto 165 lotti in pochi giorni con oltre 60 persone che gia hanno aderito al nostro censimento ... contatti con ADUC già presi.
chi vuole contatti in pvt via wapp al 3338379395 enzo
a oggi abbiamo raggiunto 165 lotti in pochi giorni con oltre 60 persone che gia hanno aderito al nostro censimento ... contatti con ADUC già presi.
chi vuole contatti in pvt via wapp al 3338379395 enzo
waltermasoni
Caribbean Trader
Fitch Downgrades Astaldi to 'C' on Creditor Protection Application
01 OCT 2018 11:53 AM ET
Fitch Ratings - London - 01 October 2018: Fitch Ratings has downgraded Astaldi S.p.A. to 'C' from 'CCC-' and removed it from Rating Watch Evolving.
The downgrade reflects that Astaldi had filed for creditor protection as a going concern under Italian insolvency law. The company has entered into a standstill agreement whereby creditors are prohibited from starting or continuing enforcement or foreclosure proceedings over Astaldi's debt. The arrangement will give Astaldi time to restructure its obligations.
KEY RATING DRIVERS
Filed for Creditor Protection: On 28 September 2018, Astaldi filed for creditor protection under Italian insolvency law as a going concern, on the basis that it does not have binding offers for the sale of its share of the third Bosphorus Bridge. As equity funding was conditional on this agreement, Astaldi has announced that the pre-existing 2018-2022 plan is no longer deliverable. In addition, contract start-ups, and thus advance payments, have been delayed, forcing the company to seek protection.
The creditor protection means that Astaldi enters into a standstill period with its creditors, and creditors will not have the ability to start or continue enforcement or foreclose on Astaldi's assets. This gives Astaldi time to propose a capital restructuring (a pre-bankruptcy composition), which will need to be approved by the creditors and the courts.
Super Senior Tranche May Affect Recoveries: Astaldi's preliminary restructuring is likely to add super senior debt to its capital structure, which could lead to subordination of the existing senior unsecured debt. Furthermore, the additional debt could reduce recoveries for senior unsecured lenders.
High Leverage: Astaldi's leverage remained high at over 10x in 2016-2017 on a funds from operations (FFO) net basis. Overall debt had increased to EUR2.6 billion at end-2017 from EUR2.3 billion a year earlier, mainly due to the outflow of the working capital that was needed to finish the outstanding projects. The company planned to repay a large portion of debt in 2018 from the proceeds from divestments and the proposed equity issuance, which had been already agreed with the main investors. The proceeds were to be used for debt repayment.
01 OCT 2018 11:53 AM ET
Fitch Ratings - London - 01 October 2018: Fitch Ratings has downgraded Astaldi S.p.A. to 'C' from 'CCC-' and removed it from Rating Watch Evolving.
The downgrade reflects that Astaldi had filed for creditor protection as a going concern under Italian insolvency law. The company has entered into a standstill agreement whereby creditors are prohibited from starting or continuing enforcement or foreclosure proceedings over Astaldi's debt. The arrangement will give Astaldi time to restructure its obligations.
KEY RATING DRIVERS
Filed for Creditor Protection: On 28 September 2018, Astaldi filed for creditor protection under Italian insolvency law as a going concern, on the basis that it does not have binding offers for the sale of its share of the third Bosphorus Bridge. As equity funding was conditional on this agreement, Astaldi has announced that the pre-existing 2018-2022 plan is no longer deliverable. In addition, contract start-ups, and thus advance payments, have been delayed, forcing the company to seek protection.
The creditor protection means that Astaldi enters into a standstill period with its creditors, and creditors will not have the ability to start or continue enforcement or foreclose on Astaldi's assets. This gives Astaldi time to propose a capital restructuring (a pre-bankruptcy composition), which will need to be approved by the creditors and the courts.
Super Senior Tranche May Affect Recoveries: Astaldi's preliminary restructuring is likely to add super senior debt to its capital structure, which could lead to subordination of the existing senior unsecured debt. Furthermore, the additional debt could reduce recoveries for senior unsecured lenders.
High Leverage: Astaldi's leverage remained high at over 10x in 2016-2017 on a funds from operations (FFO) net basis. Overall debt had increased to EUR2.6 billion at end-2017 from EUR2.3 billion a year earlier, mainly due to the outflow of the working capital that was needed to finish the outstanding projects. The company planned to repay a large portion of debt in 2018 from the proceeds from divestments and the proposed equity issuance, which had been already agreed with the main investors. The proceeds were to be used for debt repayment.
waltermasoni
Caribbean Trader
Astaldi, S&P rivede rating a 'D' da 'CCC-', outlook a "NM" da "developing" 02/10/2018 18:02 - RSF
MILANO, 2 ottobre (Reuters) - S&P ha tagliato il rating di Astaldi (AST.MI) a 'D' da 'CCC-', rivedendo anche il rating a 'not meaningful' da 'developing'.
E' quanto si legge in una nota.
Dopo che Astaldi ha chiesto il concordato preventivo (news), l'agenzia di rating ritiene che la situazione di Astaldi sia "equivalente a un default, perchè la richiesta anticipa la sospensione dei pagamenti relativi al debito in essere".
MILANO, 2 ottobre (Reuters) - S&P ha tagliato il rating di Astaldi (AST.MI) a 'D' da 'CCC-', rivedendo anche il rating a 'not meaningful' da 'developing'.
E' quanto si legge in una nota.
Dopo che Astaldi ha chiesto il concordato preventivo (news), l'agenzia di rating ritiene che la situazione di Astaldi sia "equivalente a un default, perchè la richiesta anticipa la sospensione dei pagamenti relativi al debito in essere".
Fabrib
Forumer storico
ROMA (MF-DJ)--Astaldi si fa in due e chiederà nuovamente soldi al mercato, con un aumento di capitale, e alle banche, come finanziamento dell'attività sotto la garanzia del tribunale.
Lo riporta il "Messaggero" precisando che nelle pieghe del piano e dello sdoppiamento in due, potrebbe infilarsi Salini Impregilo, l'altro gigante romano che ha il 90% dei ricavi all'estero.
Il piano di concordato preventivo con riserva, in continuità aziendale ex art. 161 sesto comma legge fallimentare, deciso dal Cda straordinario presieduto da Paolo Astaldi - riunitosi alle 19h05 di giovedì 27 settembre e presentato al tribunale di Roma -, contiene una prima bozza di piano in corso di definizione orientato, in primo luogo alla "salvaguardia del business (e immediatamente di riflesso, del ceto creditorio), con particolare riferimento alle commesse estere".
Lo riporta il "Messaggero" precisando che nelle pieghe del piano e dello sdoppiamento in due, potrebbe infilarsi Salini Impregilo, l'altro gigante romano che ha il 90% dei ricavi all'estero.
Il piano di concordato preventivo con riserva, in continuità aziendale ex art. 161 sesto comma legge fallimentare, deciso dal Cda straordinario presieduto da Paolo Astaldi - riunitosi alle 19h05 di giovedì 27 settembre e presentato al tribunale di Roma -, contiene una prima bozza di piano in corso di definizione orientato, in primo luogo alla "salvaguardia del business (e immediatamente di riflesso, del ceto creditorio), con particolare riferimento alle commesse estere".