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

[fabriziof]

vedo il denaro a 59

per quel che riguarda me nubi nere anche su allied

 

[fabriziof]

vedo il denaro a 59

hanno anche problemi con gli impiegati


Deux heures de grève tournante depuis hier et jusqu'à vendredi, où est prévu un arrêt de travail d'une journée, agitent le site chimique de Finorga-Novasep à Mourenx. C'est le licenciement programmé pour faute de trois employés du site, convoqués en fin de semaine pour un entretien préalable, qui provoque la colère des salariés.
L'intersyndicale (CGT, CFDT, FO) voit dans ces procédures individuelles un moyen pour la direction d'anticiper un nouveau plan social. « Cette situation est devenue insupportable. C'est pourquoi nous appelons à la grève pour soutenir les deux opérateurs et le magasinier concernés. Cela s'appelle des licenciements transactionnels et on a demandé à l'administration (DIRECCTE) de faire cesser ces procédures », indiquent les syndicats en évoquant la récente annonce par le Pdg du groupe d'une perte de 33 millions d'euros (1).
Le groupe (Novasep Europe) envisage de supprimer 150 emplois sur l'ensemble de ses sites. Ce projet inquiète particulièrement les salariés de Mourenx qui ont déjà connu deux plans sociaux en 2007 et 2010 avec une perte de 80 emplois ramenant l'effectif à 115 agents.
Opposés à la dégradation des conditions de travail, les grévistes réclament le retrait immédiat des sanctions disciplinaires et le maintien des contrats des intérimaires nécessaires au fonctionnement sécurisé du site de Mourenx.

 

[nik.sala]

per quel che riguarda me nubi nere anche su allied

io dopo la vicenda ANGLO, ho lasciato perdere, seppur tentato...

 

[fabriziof]

io dopo la vicenda ANGLO, ho lasciato perdere, seppur tentato...

hai fatto bene

 

[gionmorg]

CEO set to announce advisors to assess its financial situation “within days”
“Sell” PGIM Senior Secured 01/17 10.5% 90.92/92.20 (Z-spread 924/958). Speculative “buy” of Lighthouse bonds at a price below 30 (currently 39.4/41.1)
Bloomberg reported yesterday that Seat is meant to announce a set of advisors to deal with the current debt situation “within days”. “All options are on the table”, according to CEO Alberto Cappellini, including a debt for equity swap. We maintain the view, detailed in our initiation report, that the most likely outcome is for the Lighthouse bondholders to take a haircut through an exchange offer, with a margin increase possibly sweetened by equity, alongside a fresh equity injection by shareholders. Seat is reported to have hired Rothschild, whilst junior bondholders are reported to have hired Lazard. Separately, Seat yesterday announced a commercial agreement with Horyzon Media, the online ad agency owned by Pages Jaunes. Seat ruled out a merger with Pages Jaunes; indeed, we don’t think such merger would make much strategic sense at this time, and we believe it would further dilute the valuation multiple of the combined group away from the price paid by KKR in its buyout. We note Lighthouse bonds have increased by 10 points in the last month since they hit our purchase price threshold of 30. We suspect this is

 

[Cat XL]

CEO set to announce advisors to assess its financial situation “within days”
“Sell” PGIM Senior Secured 01/17 10.5% 90.92/92.20 (Z-spread 924/958). Speculative “buy” of Lighthouse bonds at a price below 30 (currently 39.4/41.1)
Bloomberg reported yesterday that Seat is meant to announce a set of advisors to deal with the current debt situation “within days”. “All options are on the table”, according to CEO Alberto Cappellini, including a debt for equity swap. We maintain the view, detailed in our initiation report, that the most likely outcome is for the Lighthouse bondholders to take a haircut through an exchange offer, with a margin increase possibly sweetened by equity, alongside a fresh equity injection by shareholders. Seat is reported to have hired Rothschild, whilst junior bondholders are reported to have hired Lazard. Separately, Seat yesterday announced a commercial agreement with Horyzon Media, the online ad agency owned by Pages Jaunes. Seat ruled out a merger with Pages Jaunes; indeed, we don’t think such merger would make much strategic sense at this time, and we believe it would further dilute the valuation multiple of the combined group away from the price paid by KKR in its buyout. We note Lighthouse bonds have increased by 10 points in the last month since they hit our purchase price threshold of 30. We suspect this is

Mi mandi il link di questo articolo?

 

[gionmorg]

Mi mandi il link di questo articolo?

Lucror Analytics - Credit Research - Advisory Services - Fund Introductions

morning views

 

[Cat XL]

Lucror Analytics - Credit Research - Advisory Services - Fund Introductions

morning views

Grazie

 

[gionmorg]

Grazie

cat, compatibilmente con i tuoi impegni mi potresti dare bid ask di DE000A0DHUM0.

Grazie.

 

[gionmorg]

Geo Travel High Yield Bond, Guidance: 10.25% -10.50%
Books will be closed at 14.00 CET Clock
The Geo Travel Finance SCA emits a high-yield bond with a maturity of 8 years and a volume of 175 million €. Expect a return on investment of 10.25% -10.50%.

Issuer: Geo Travel SCA
Format: Senior notes
Volume: 175 million €
. Expect ratings: Caa1, B-
Duration: 8 years
Call Protection: 3 years
Covenants: the usual high-yield covenants
Listing: Ireland
Angew. Law: New York Law
Global Coordinators: Goldman Sachs, Credit Suisse
Joint Book Runner: Societe Generale and UBS