Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1 (13 lettori)

[fabriziof]

Se fosse così sarebbe anche meglio perché non ci sarebbe la ritenuta del 15% americana e quando vendi i capital gain sarebbero compensabili con le minus

sì ma se io ne ho 250 e il dividendo mensile è 1% mi danno 2,5 azioni?il taglio minimo è 1

 

[qquebec]

Magyar Telecom

3 May 2013 – Magyar Telecom B.V. (the “Company”, together with its subsidiaries, the “Group”) has announced it is appointing Craig Butcher, Nikolaus Bethlen, Bruno Claude and Lucas Duysens to its board of directors (the “New Directors”). The existing directors have approved the appointment of the New Directors. The new appointments aim to augment the Company’s board following the recent announcement that the Company is undertaking a strategic review. Key decisions relating to the strategic review and certain key operational decisions of the Group will now be taken by the Company’s new board. Those New Directors who were previously directors of the Company’s direct subsidiary Invitel Zrt. (“Invitel”) will also resign as directors of Invitel. Invitel’s board will be comprised of Invitel’s executive management team lead by David McGowan, CEO, as the Chairman of the Board.

Annual report 2012

 

[fabriziof]

3 May 2013 – Magyar Telecom B.V. (the “Company”, together with its subsidiaries, the “Group”) has announced it is appointing Craig Butcher, Nikolaus Bethlen, Bruno Claude and Lucas Duysens to its board of directors (the “New Directors”). The existing directors have approved the appointment of the New Directors. The new appointments aim to augment the Company’s board following the recent announcement that the Company is undertaking a strategic review. Key decisions relating to the strategic review and certain key operational decisions of the Group will now be taken by the Company’s new board. Those New Directors who were previously directors of the Company’s direct subsidiary Invitel Zrt. (“Invitel”) will also resign as directors of Invitel. Invitel’s board will be comprised of Invitel’s executive management team lead by David McGowan, CEO, as the Chairman of the Board.

si avvicinano le cedole di magyar e yioula ,aleggia lo spettro di seat

 

[qquebec]

si avvicinano le cedole di magyar e yioula ,aleggia lo spettro di seat

Assolutamente no Se non sono aziende italiane, lo spettro non aleggia. E' tutta una questione di "meid in itali"

 

[qquebec]

Magyar Telecom

Strategic Capital Structure Review
In February 2013 the Company initiated a strategic review of the Group’s capital structure in light of new tax legislation and the weak Hungarian macroeconomic environment. During the first quarter of 2013 it became apparent that it was necessary to approach relevant stakeholders including the holders of the 2009 Notes with a view to discuss, negotiate and agree a solution that would address the Group’s long term financial position and ensure continuing operation of the Group as going concern. The Group’s main financial burden is the indebtedness under the 2009 Notes and the Group has identified a consensual restructuring of the 2009 Notes as a key element of its overall capital structure review. To assist in this process the Company has retained Houlihan Lokey (Europe) Limited as financial advisor and White & Case LLP as legal advisor. As part of the review, the Company undertook a noteholder identification process to facilitate engagement with noteholders. Separately, a group of the Company’s largest noteholders has formed an ad hoc committee, which has engaged its own financial advisor (Moelis & Company) and legal advisor (Bingham McCutchen LLP). The two committee advisors have each signed an appointment letter with the Company and have also entered into non-disclosure agreements so that they can receive confidential information about the Group. The Company has shared confidential financial projections with the committee’s financial advisors, as a first step to engage with them concerning potential outcomes of the capital structure review.

Allungamento scadenze e taglio del tasso d'interesse ormai certo

 

[fabriziof]

Strategic Capital Structure Review
In February 2013 the Company initiated a strategic review of the Group’s capital structure in light of new tax legislation and the weak Hungarian macroeconomic environment. During the first quarter of 2013 it became apparent that it was necessary to approach relevant stakeholders including the holders of the 2009 Notes with a view to discuss, negotiate and agree a solution that would address the Group’s long term financial position and ensure continuing operation of the Group as going concern. The Group’s main financial burden is the indebtedness under the 2009 Notes and the Group has identified a consensual restructuring of the 2009 Notes as a key element of its overall capital structure review. To assist in this process the Company has retained Houlihan Lokey (Europe) Limited as financial advisor and White & Case LLP as legal advisor. As part of the review, the Company undertook a noteholder identification process to facilitate engagement with noteholders. Separately, a group of the Company’s largest noteholders has formed an ad hoc committee, which has engaged its own financial advisor (Moelis & Company) and legal advisor (Bingham McCutchen LLP). The two committee advisors have each signed an appointment letter with the Company and have also entered into non-disclosure agreements so that they can receive confidential information about the Group. The Company has shared confidential financial projections with the committee’s financial advisors, as a first step to engage with them concerning potential outcomes of the capital structure review.

Allungamento scadenze e taglio del tasso d'interesse ormai certo

dici che la cedola di giugno la pagano?

 

[qquebec]

dici che la cedola di giugno la pagano?

Penso di sì

 

[nik.sala]

Strategic Capital Structure Review
In February 2013 the Company initiated a strategic review of the Group’s capital structure in light of new tax legislation and the weak Hungarian macroeconomic environment. During the first quarter of 2013 it became apparent that it was necessary to approach relevant stakeholders including the holders of the 2009 Notes with a view to discuss, negotiate and agree a solution that would address the Group’s long term financial position and ensure continuing operation of the Group as going concern. The Group’s main financial burden is the indebtedness under the 2009 Notes and the Group has identified a consensual restructuring of the 2009 Notes as a key element of its overall capital structure review. To assist in this process the Company has retained Houlihan Lokey (Europe) Limited as financial advisor and White & Case LLP as legal advisor. As part of the review, the Company undertook a noteholder identification process to facilitate engagement with noteholders. Separately, a group of the Company’s largest noteholders has formed an ad hoc committee, which has engaged its own financial advisor (Moelis & Company) and legal advisor (Bingham McCutchen LLP). The two committee advisors have each signed an appointment letter with the Company and have also entered into non-disclosure agreements so that they can receive confidential information about the Group. The Company has shared confidential financial projections with the committee’s financial advisors, as a first step to engage with them concerning potential outcomes of the capital structure review.

Allungamento scadenze e taglio del tasso d'interesse ormai certo

dici che la cedola di giugno la pagano?

Penso di sì

La notizia, da quello che posto (delle h 9.32 di venerdì) sembrerebbe che sia stata diffusa a mercati aperti, quindi il bond "dovrebbe" rimanere su quei prezzi.

 

[Camajan]

I dividendi scontano il 15% americano e poi sul residuo il 20% italiano. In pratica sono tassati al 32%.
Sul resto sono interessato al tuo parere. Sto cercando di capire se vale la pena investirci. E' ovvio che non è un investimento super-safe visto lo yield, e per questo ci dedicherei solo una piccola parte del mio portafoglio.
Mi sono segnato anche altri titoli che danno dividendi molto alti.
1. Windstream 12% (common share)
2. MNDO 12.5% (common share) -> è israeliana, non dovrebbe scontare il 15% alla fonte americano
3. MCP-A 26% (Preferred share di Molycorp) -> crollata da 65 a 20 circa. L'azienda và così così ma settore strategico (terre rare)
4. UIS-A 11% (Preferred share di Unisys)

Sto facendo un po' di ricerca su questi titoli. Si tratta ovviamente di roba da studiare e maneggiare con attenzione

Su Windstream ci sono dubbi di sostenibilità, anche se il payout ratio non dice tutta la storia e bisogna guardare al cash flow
Is Windstream The Next Dividend Death Trap? - Seeking Alpha

attenzione alle terre rare ... è da anni ke la menano

 

[fabriziof]

LONDON – (BUSINESS WIRE) – April 19, 2013 – Magyar Telecom B.V. (“Matel
B.V.”) announced today that on May 8, 2013 (at 14:00 UK time, 15:00 CET, 9:00 AM ET),
Matel B.V. will host a conference call to discuss financial results for the year ended December
31, 2012 and the first quarter ended March 31, 2013.