Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1

[fabriziof]

tra ONO e il bond che mi hai prospettato, scelgo senza dubbio l'emittente corporate di un paese europeo piuttosto che un tds emesso da uno stato governato d aun pazzo...

non è che l'italia sia messa meglio.
novasep nel fondo iShares che ce l'ha in portafoglio ieri era valorizzata a 75

 

[gionmorg]

Se avete fatto caso, ono ha un altro bond con taglio 50k scadenza 2014. ebbene 10 gg fa quotava 84 oggi 102!!!

Intanto segnalo che ono 10.5 ha fatto segnare ultimo contratto a 104.....

 

[fabriziof]

ONO Seeks 460 Million Euros From Dollar, Euro Bonds

By Ben Martin and Esteban Duarte - Jan 20, 2011 5:08 PM GMT+0100Thu Jan 20 16:08:50 GMT 2011

• ​

Grupo Corporativo Ono SA, the Spanish cable TV company, is raising 460 million euros ($621 million) from a sale of high-yield bonds in dollars and euros, according to two people with knowledge of the sale.
The 8 1/2-year notes, issued through ONO Finance II Plc, will refinance existing debt, said the people, who declined to be identified because terms aren’t set. Deutsche Bank AG and Bank of America Corp. are managing the sale.
Ono is selling the notes as yields on junk bonds relative to government debt have shrunk 71 basis points this year to 547, the smallest gap since Oct. 28, Bank of America Merrill Lynch index data show. The Madrid-based group may need to offer a bigger premium because it’s in one of the euro-region’s so- called peripheral countries, where yields have jumped on concern the nations will struggle to fund their budget deficits.
“This deal shows how strong an appetite there is out there at the moment, because it’s a high-beta credit domiciled in one of the peripheral European countries,” said Alex Moss, a senior credit analyst at Insight Investment Management in London.
High-yield debt is graded below Baa3 by Moody’s Investors Service and BBB- by Standard & Poor’s.
A Madrid-based spokeswoman for Ono who declined to be identified citing company policy, wouldn’t comment.

 

[qquebec]

ONO Seeks 460 Million Euros From Dollar, Euro Bonds

By Ben Martin and Esteban Duarte - Jan 20, 2011 5:08 PM GMT+0100Thu Jan 20 16:08:50 GMT 2011

• ​

Grupo Corporativo Ono SA, the Spanish cable TV company, is raising 460 million euros ($621 million) from a sale of high-yield bonds in dollars and euros, according to two people with knowledge of the sale.
The 8 1/2-year notes, issued through ONO Finance II Plc, will refinance existing debt, said the people, who declined to be identified because terms aren’t set. Deutsche Bank AG and Bank of America Corp. are managing the sale.
Ono is selling the notes as yields on junk bonds relative to government debt have shrunk 71 basis points this year to 547, the smallest gap since Oct. 28, Bank of America Merrill Lynch index data show. The Madrid-based group may need to offer a bigger premium because it’s in one of the euro-region’s so- called peripheral countries, where yields have jumped on concern the nations will struggle to fund their budget deficits.
“This deal shows how strong an appetite there is out there at the moment, because it’s a high-beta credit domiciled in one of the peripheral European countries,” said Alex Moss, a senior credit analyst at Insight Investment Management in London.
High-yield debt is graded below Baa3 by Moody’s Investors Service and BBB- by Standard & Poor’s.
A Madrid-based spokeswoman for Ono who declined to be identified citing company policy, wouldn’t comment.

A questo punto è molto probabile che scatti il rimborso anticipato a Maggio, poco sotto 102.

 

[gionmorg]

Spero proprio di no.... Ma chi te la da na cedola del genere?

 

[Zorba]

dopo una settimana di riflessione ho deciso di non vendere

Coraggioso

 

[fabriziof]

Spero proprio di no.... Ma chi te la da na cedola del genere?

se sei in cerca di ciofeche dal taglio minimo,vai a vedere le convertibili nostrane ,sopaf e capelive,l'ultima spiaggia dell'hy.

 

[gionmorg]

se sei in cerca di ciofeche dal taglio minimo,vai a vedere le convertibili nostrane ,sopaf e capelive,l'ultima spiaggia dell'hy.

Non sono tipo da cv!!!!!

 

[fabriziof]

A questo punto è molto probabile che scatti il rimborso anticipato a Maggio, poco sotto 102.

hai ragione quebec mi ero completamente scordato che era callable.queste le possibilità

​

2009

105.250​

%
2010

103.500​

%
2011

101.750​

%
20012 and thereafter

100.000​

%

 

[qquebec]

E' stato comunque un ottimo investimento, per chi ci ha creduto sin da quando abbiamo iniziato a seguirla.

Purtroppo, fra i tagli da 1K su cui vale la pena investire ormai è rimasto ben poco. C'è HTM Sport 8,5% 2014 che si prende a 93,50 con Iw Bank e Fage 7,5% 2015 che si prende a 95, sempre con Iw bank