fabriziof
Forumer storico
non hai aderito allo scambio?
Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1
- Creatore Discussione TRADING_IDEAS
- Data di Inizio
- Stato
zoro-aster
Forumer storico
fabriziof
Forumer storico
lo scambio c'è stato lo scorso mese ,mi sembra che ti davano cash più un altro titolo,ora di quello che hai venduto ne è rimasto solo 100 milioni forse ce la fanno a rimborsare..un po' mi attira
zoro-aster
Forumer storico
lo scambio c'è stato lo scorso mese ,mi sembra che ti davano cash più un altro titolo,ora di quello che hai venduto ne è rimasto solo 100 milioni forse ce la fanno a rimborsare..un po' mi attira
o potrebbero ristrutturare quello che resta e l`altro del 18.......del doman non v`è certezza con i tempi che corrono nel settore specifico
fabriziof
Forumer storico
Cat XL
Shizuka Minamoto
Takko
Takko Said to Be at Risk of Breaching Loan Covenant Next Year
2014-12-19 09:56:52.979 GMT
By Luca Casiraghi
(Bloomberg) -- Takko Fashion GmbH’s latest earnings report signals the German retailer is at risk of breaching terms of its loans next year, according to three people familiar with the matter.
The company’s earnings before interest, tax, depreciation and amortization dropped 18 percent to 89.5 million euros ($110
million) in the 12 months through October, said the people, who asked not to be identified because the information is private.
Loan covenants governing an 85 million-euro revolving credit facility and 190 million euros of trade guarantees will be breached if Ebitda drops below 85 million euros, the people said.
Retailers are being hurt in Europe as shoppers cut spending amid the region’s anemic economic growth. Takko, owned by Apax Partners, said this week its Chief Financial Officer Hannes Rumer will leave the company in coming months and it’s looking for a replacement.
Officials at Telgte, Germany-based Takko, who asked not to be identified citing company policy, and Matthieu Roussellier, a spokesman for Apax Partners employed by Greenbrook Communications in London, declined to comment on the earnings and the loan covenants.
Takko’s 380 million euros of 9.875 notes due in April 2019 declined 35 percent this month, according to data compiled by Bloomberg. The bonds fell to a low of 40 cents today, the data show.
For Related News and Information:
Takko Bonds Tumble to Record as CFO Departs, Earnings Slide Window Shoppers Shelve Returns for Junk Retail Debt Top Stories:TOP<GO>
--With assistance from Julie Miecamp in London.
To contact the reporter on this story:
Luca Casiraghi in London at +44-20-3525-0837 or [email protected] To contact the editors responsible for this story:
Shelley Smith at +44-20-3525-2020 or
[email protected]
Michael Shanahan
Takko Said to Be at Risk of Breaching Loan Covenant Next Year
2014-12-19 09:56:52.979 GMT
By Luca Casiraghi
(Bloomberg) -- Takko Fashion GmbH’s latest earnings report signals the German retailer is at risk of breaching terms of its loans next year, according to three people familiar with the matter.
The company’s earnings before interest, tax, depreciation and amortization dropped 18 percent to 89.5 million euros ($110
million) in the 12 months through October, said the people, who asked not to be identified because the information is private.
Loan covenants governing an 85 million-euro revolving credit facility and 190 million euros of trade guarantees will be breached if Ebitda drops below 85 million euros, the people said.
Retailers are being hurt in Europe as shoppers cut spending amid the region’s anemic economic growth. Takko, owned by Apax Partners, said this week its Chief Financial Officer Hannes Rumer will leave the company in coming months and it’s looking for a replacement.
Officials at Telgte, Germany-based Takko, who asked not to be identified citing company policy, and Matthieu Roussellier, a spokesman for Apax Partners employed by Greenbrook Communications in London, declined to comment on the earnings and the loan covenants.
Takko’s 380 million euros of 9.875 notes due in April 2019 declined 35 percent this month, according to data compiled by Bloomberg. The bonds fell to a low of 40 cents today, the data show.
For Related News and Information:
Takko Bonds Tumble to Record as CFO Departs, Earnings Slide Window Shoppers Shelve Returns for Junk Retail Debt Top Stories:TOP<GO>
--With assistance from Julie Miecamp in London.
To contact the reporter on this story:
Luca Casiraghi in London at +44-20-3525-0837 or [email protected] To contact the editors responsible for this story:
Shelley Smith at +44-20-3525-2020 or
[email protected]
Michael Shanahan
fabriziof
Forumer storico
Almeno questa me la sono risparmiata
SempreFranco
Nuovo forumer
Sono appena uscito in fortissimo loss; era un po' che ci pensavo non vedendo piu' serie prospettive sul titolo tossico come la stragrande maggioranza dei bond DE.
Me too.Almeno questa me la sono risparmiata
asserire che i bond tedeschi sono ciofeke è un'assurdità, la percentuale di default o ristrutturazione del debito negli ultimi 3 anni è stata pari al 2%,per contro i titoli hanno distribuito cedole generosissime , il fatto è che non bisogna inseguire titoli fortemente speculativi, ma bisogna posizionarsi su aziende solide e magari accontentarsi di qualche punto percentuale in meno , ad esempio titoli come sanha e german pellets, sono aziende solidissime ed offrono ai prezzi attuali rendimenti netti intorno al 4,3%airberlin anche è un ottimo acquisto, ai prezzi attuali l'obbligazione 2018 rende il 5% netto , un po' meno solida ma comunque da non sottovalutare magnolia, con un coupon al 9% che quota 97 con un rendimento netto del 7% .se ci si mantiene entro questo ambito la possibilità di default è nulla o pressoché vicina allo 0 a patto di mantenere i titoli fino a scadenza .
- Stato
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Obbligazioni societarie
HIGH YIELD e oltre, verso frontiere inesplorate, vol.3
