arkymede74
Forumer storico
accreditata
GOOD!!! Gualberto!!!! VERY GOOD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1 (7 lettori)
- Creatore Discussione TRADING_IDEAS
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GOOD!!! Gualberto!!!! VERY GOOD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
discipline
Forumer storico
22.05.2013
EANS-Adhoc: Interest payments for ALPINE corporate bond AT0000A0V834 were paid as planned
The last days some media had the financial stability of the ALPINE group as a topic. In this context the company informs, that today, May 22, 2013, due interest payments for the bondholders of the Alpine Corporate bond AT0000A0V834 were paid as planned. The restructuring agreement which was signed from our financing partners in March this year expires on March 31, 2015 and is effective.
EANS-Adhoc: Interest payments for ALPINE corporate bond AT0000A0V834 were paid as planned ? ALPINE Bau GmbH
Le cedole devono essere state incluse nel piano, i rimborsi evidentemente no (31/3/15).. ammettendo che i corsi possano riprendersi nel breve, bisogna cmq trovare un modo per uscire, provato diverse volte su IW nelle ultime settimane ma vuoto assoluto
EANS-Adhoc: Interest payments for ALPINE corporate bond AT0000A0V834 were paid as planned
The last days some media had the financial stability of the ALPINE group as a topic. In this context the company informs, that today, May 22, 2013, due interest payments for the bondholders of the Alpine Corporate bond AT0000A0V834 were paid as planned. The restructuring agreement which was signed from our financing partners in March this year expires on March 31, 2015 and is effective.
EANS-Adhoc: Interest payments for ALPINE corporate bond AT0000A0V834 were paid as planned ? ALPINE Bau GmbH
Le cedole devono essere state incluse nel piano, i rimborsi evidentemente no (31/3/15).. ammettendo che i corsi possano riprendersi nel breve, bisogna cmq trovare un modo per uscire, provato diverse volte su IW nelle ultime settimane ma vuoto assoluto
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arkymede74
Forumer storico
perchè dici cio'???????
Homex Says Rating Downgrade, Bank Lawsuits Spur Bond Default
Desarrolladora Homex SAB (HOMEX*), Mexico’s biggest homebuilder by sales, said credit-rating downgrades and lawsuits from Barclays Plc (BARC) and Credit Suisse Group AG (CSGN) over derivatives contracts have put the company in default on peso-denominated bonds.
The default affects 11.7 million pesos ($947,000) in senior guaranteed local-currency notes, Homex said today in a U.S. regulatory filing. Homex’s benchmark dollar bonds due in 2020 sank 4.92 cents to 35.18 cents on the dollar at 1:07 p.m. in New York, according to data compiled by Bloomberg. Homex shares fell 1.9 percent to 9.28 pesos.
Fitch Ratings cut Homex’s rating to CCC on April 30, citing the company’s first-quarter results. In a complaint filed May 9, Barclays said Homex failed to make required transfers of $1.7 million to the bank in April as collateral to cover potential losses, triggering a default. Barclays said Homex was obligated to pay 536.6 million pesos for the early termination of the contract. Credit Suisse is seeking $26.7 million from Homex after it requested last month that a 2009 agreement be canceled, the Swiss bank said in a complaint filed in New York State Supreme Court in Manhattan.
“Certain of the aforementioned 2013 matters arguably have resulted in an event of default under the terms of the Company’s Senior Guaranteed Notes,” Homex said in the filing.
Brandon Ashcraft, a Barclays spokesman, declined to comment on the Homex statement. Drew Benson, a Credit Suisse spokesman, didn’t immediately respond to a phone call and e-mail seeking comment on the Homex statement and lawsuit.
Urbi Default
Bonds sold by Mexico’s biggest homebuilders have plunged this year as a shift in government policy to promote more capital-intensive apartments in urban areas over homes in commuter towns depleted their cash. Urbi Desarrollos Urbanos SAB and Corp. Geo SAB defaulted on bonds last month and have hired firms to advise them on possible restructurings.
Homex’s dollar bonds have fallen after rallying following its announcement April 19 that it agreed to sell its stake in two prisons to companies controlled by billionaire Carlos Slim to raise cash. Its cash and equivalents tumbled 94 percent in the first three months of the year.
“I thought they were the one that was most likely to survive because they had the prison business,” Guillermo Rodriguez, a money manager who helps oversees about $6 billion at Corp. Actinver SAB, said in a telephone interview from Mexico City. “Everything is suggesting” the company will have to restructure its debt, he said.
To contact the reporter on this story: Jonathan Levin in Mexico City at [email protected]
To contact the editor responsible for this story: David Papadopoulos at [email protected]
Desarrolladora Homex SAB (HOMEX*), Mexico’s biggest homebuilder by sales, said credit-rating downgrades and lawsuits from Barclays Plc (BARC) and Credit Suisse Group AG (CSGN) over derivatives contracts have put the company in default on peso-denominated bonds.
The default affects 11.7 million pesos ($947,000) in senior guaranteed local-currency notes, Homex said today in a U.S. regulatory filing. Homex’s benchmark dollar bonds due in 2020 sank 4.92 cents to 35.18 cents on the dollar at 1:07 p.m. in New York, according to data compiled by Bloomberg. Homex shares fell 1.9 percent to 9.28 pesos.
Fitch Ratings cut Homex’s rating to CCC on April 30, citing the company’s first-quarter results. In a complaint filed May 9, Barclays said Homex failed to make required transfers of $1.7 million to the bank in April as collateral to cover potential losses, triggering a default. Barclays said Homex was obligated to pay 536.6 million pesos for the early termination of the contract. Credit Suisse is seeking $26.7 million from Homex after it requested last month that a 2009 agreement be canceled, the Swiss bank said in a complaint filed in New York State Supreme Court in Manhattan.
“Certain of the aforementioned 2013 matters arguably have resulted in an event of default under the terms of the Company’s Senior Guaranteed Notes,” Homex said in the filing.
Brandon Ashcraft, a Barclays spokesman, declined to comment on the Homex statement. Drew Benson, a Credit Suisse spokesman, didn’t immediately respond to a phone call and e-mail seeking comment on the Homex statement and lawsuit.
Urbi Default
Bonds sold by Mexico’s biggest homebuilders have plunged this year as a shift in government policy to promote more capital-intensive apartments in urban areas over homes in commuter towns depleted their cash. Urbi Desarrollos Urbanos SAB and Corp. Geo SAB defaulted on bonds last month and have hired firms to advise them on possible restructurings.
Homex’s dollar bonds have fallen after rallying following its announcement April 19 that it agreed to sell its stake in two prisons to companies controlled by billionaire Carlos Slim to raise cash. Its cash and equivalents tumbled 94 percent in the first three months of the year.
“I thought they were the one that was most likely to survive because they had the prison business,” Guillermo Rodriguez, a money manager who helps oversees about $6 billion at Corp. Actinver SAB, said in a telephone interview from Mexico City. “Everything is suggesting” the company will have to restructure its debt, he said.
To contact the reporter on this story: Jonathan Levin in Mexico City at [email protected]
To contact the editor responsible for this story: David Papadopoulos at [email protected]
arkymede74
Forumer storico
discipline
Forumer storico
Non lo dico io, è nell'ultima riga del comunicato, per come stanno le cose qui ed ora e salvo trimestrali peggiorative..
arkymede74
Forumer storico
ah..perchè il piano si concluderà il 31 marzo mentre il rimborso della 2015 avverra' solo 4 mesi dopo!
beh, se ci fai caso l'accordo è stato siglato a fine marzo, forse proprio il 31; magari gli avranno dato validità due anni piuttosto che due anni a 4 mesi...!
fabriziof
Forumer storico
ci metterei la firma ad arrivare al 2015,se esegui con iw postalo
discipline
Forumer storico
Già.. il 2015.. Ignoro l'eventuale nesso ma è certo che, siglato l'accordo, le giá rarefatte proposte otc si sono volatilizzate.. ergo non resta che fare in modo di sbolognare sui retail De tipo via binck.
Cmq a tempo perso chi sente la banca che chiedesse le quotazioni. E se qualche amico dotato di Bbg potesse indicarci eventuali c.parti fuori su Alpine, la cosa potrebbe tornare utile.
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arkymede74
Forumer storico
tu non ci credi per niente???
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