Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1
- Creatore Discussione TRADING_IDEAS
- Data di Inizio
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fabriziof
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Hanno truccato i conti per anni
https://www.moodys.com/research/Moo...tice-of-default-is-credit-negative--PR_324746
cristian2008
Forumer attivo
Ciao Captain Avrei bisogno del tuo aiuto. Io non ho aspettato il rimborso il 30 aprile e ho venduto il 20 aprile. Anche sé non ho aspettato il rimborso la banca mi ha addebitato più di 700 euro come ritenuta sul disagio di emissione.Puoi dirmi per favore come ha rimborsato ( in che percentuale perché non ha rimborsato tutta l'emissione) e sé la tua banca ti ha addebitato la ritenuta sul disagio di emissione da 98,74 a 104,625 ? Grazie
Peabody Bonds Plunge as Coal Miner Weighed Down by Price Slump
By Sridhar Natarajan and Tim Loh - 19/mag/2015 19:55:55
Two months after Peabody Energy Corp. raised $1 billion from the junk-bond market, buyers have lost 18 percent in market value as a slump in coal prices worsened.
The company’s $1 billion of 10 percent securities sold in March slid below 80 cents on the dollar in trading Tuesday to yield 15 percent, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority. The debt was sold at 97.6 cents in March after lenders insisted on additional protection by placing conditions on the company’s future borrowings.
With the coal industry mired in its worst downturn in decades, producers like Peabody are trying to find new ways to weather lower prices. Peabody has been considering sales of “non-core” reserves, land holdings and stakes in active operations in the U.S. and Australia to strengthen its balance sheet, according to an April filing.
Vic Svec, a spokesman for the company, didn’t immediately respond to requests for comment.
Coal prices have slumped amid a global oversupply and flagging demand. The thermal coal used by power plants is facing increased competition from cheaper natural gas and tougher emissions standards. The benchmark price of coal used in steelmaking is at a seven-year low of $109.50 per metric ton, down from $330 a metric ton in 2011.
At the time Peabody sold its second-lien bonds, an additional second-lien borrowing limit was halved to $500 million, in the absence of any equity sale.
Shares Halved
Peabody’s shares are down 50 percent this year and fell to $3.74 -- an all-time low -- Tuesday in New York trading. Shares in competitor Arch Coal Inc. slid 59 percent and those of Alpha Natural Resources Inc. dropped 58 percent.
Peabody has also studied the prospect of placing some U.S. coal operations in a master-limited partnership, a structure that’s proven popular with investors in recent years since it typically pays no corporate income tax and returns more cash to shareholders via dividends. Such a move, though, would first require coal-market sentiment to improve, Chief Financial Officer Michael Crews said on an April earnings call.
More articles on Coal
By Sridhar Natarajan and Tim Loh - 19/mag/2015 19:55:55
Two months after Peabody Energy Corp. raised $1 billion from the junk-bond market, buyers have lost 18 percent in market value as a slump in coal prices worsened.
The company’s $1 billion of 10 percent securities sold in March slid below 80 cents on the dollar in trading Tuesday to yield 15 percent, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority. The debt was sold at 97.6 cents in March after lenders insisted on additional protection by placing conditions on the company’s future borrowings.
With the coal industry mired in its worst downturn in decades, producers like Peabody are trying to find new ways to weather lower prices. Peabody has been considering sales of “non-core” reserves, land holdings and stakes in active operations in the U.S. and Australia to strengthen its balance sheet, according to an April filing.
Vic Svec, a spokesman for the company, didn’t immediately respond to requests for comment.
Coal prices have slumped amid a global oversupply and flagging demand. The thermal coal used by power plants is facing increased competition from cheaper natural gas and tougher emissions standards. The benchmark price of coal used in steelmaking is at a seven-year low of $109.50 per metric ton, down from $330 a metric ton in 2011.
At the time Peabody sold its second-lien bonds, an additional second-lien borrowing limit was halved to $500 million, in the absence of any equity sale.
Shares Halved
Peabody’s shares are down 50 percent this year and fell to $3.74 -- an all-time low -- Tuesday in New York trading. Shares in competitor Arch Coal Inc. slid 59 percent and those of Alpha Natural Resources Inc. dropped 58 percent.
Peabody has also studied the prospect of placing some U.S. coal operations in a master-limited partnership, a structure that’s proven popular with investors in recent years since it typically pays no corporate income tax and returns more cash to shareholders via dividends. Such a move, though, would first require coal-market sentiment to improve, Chief Financial Officer Michael Crews said on an April earnings call.
More articles on Coal
seneca
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Per favore isin Grazie
7,875, transp. De gas 07/17 re... Usp9308rax19
zoro-aster
Forumer storico
3 W POWER
gli azionisti riuniti oggi in assemblea hanno approvato l `aumento del capitale fino a 1,5 Milioni euro. Non si sa chi caccerà li quatrini, comunque buona notizia
gli azionisti riuniti oggi in assemblea hanno approvato l `aumento del capitale fino a 1,5 Milioni euro. Non si sa chi caccerà li quatrini, comunque buona notizia
CEDOLONE
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Cgg sa 2020 5.875%
ultimi dati catastrofici , perdite 2014 raddoppiate rispetto al 2013 ....
CGG SA 14/20 REGS (Reg.S) | Bond | A1ZG86 | XS1061175607 | Börse Frankfurt (Frankfurt Stock Exchange)
ultimi dati catastrofici , perdite 2014 raddoppiate rispetto al 2013 ....
CGG SA 14/20 REGS (Reg.S) | Bond | A1ZG86 | XS1061175607 | Börse Frankfurt (Frankfurt Stock Exchange)
iguanito
Forumer storico
Ho provato a prendere la 2017 ma era sempre illiquida
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