Wallygo
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Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1
- Creatore Discussione TRADING_IDEAS
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iguanito
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C'è anche il restante rimborso di quelle di novembre (rimasto 33%)
fabriziof
Forumer storico
ekosem 2021 se riesco a venderle sui 96 lo faccio
Barminco Finance Pty Limited issued at par $350 million (up from $300 million) 6.625% (spread +473 bps) senior secured notes due May 15, 2022. The bonds are 144a for life. Proceeds, along with existing cash, will be applied towards the repayment of the company’s entire $299.7 million 9.00% senior unsecured notes due 2018.
S&P raised the issuer credit rating on Barminco Holdings Pty Ltd. (Barminco) to ‘B’ from ‘B-‘. The outlook is stable. S&P also removed all ratings from CreditWatch with positive implications, where they were initially placed on March 23, 2017. At the same time, S&P assigned a ‘B’ rating to the company’s new senior secured notes maturing in 2022 with a recovery rating of ‘4’. “We upgraded Barminco to reflect the company’s successful issuance of US$350 million senior secured notes maturing in 2022, which removed any refinancing pressure over the next 12 months. The upgrade also reflects our view of Barminco’s relatively stable profitability even during the recent downturn in the mining industry and through a period of challenging conditions for mining services companies. We don’t expect a significant rebound in trading conditions over the next 12 months, given that miners remain disciplined in committing significant capital expenditure for expansion. However, pressure on mining services companies has moderated over the past six to 12 months as commodity prices rebounded, and some pipeline opportunities could supplement Barminco’s business.”
Dai però....
S&P raised the issuer credit rating on Barminco Holdings Pty Ltd. (Barminco) to ‘B’ from ‘B-‘. The outlook is stable. S&P also removed all ratings from CreditWatch with positive implications, where they were initially placed on March 23, 2017. At the same time, S&P assigned a ‘B’ rating to the company’s new senior secured notes maturing in 2022 with a recovery rating of ‘4’. “We upgraded Barminco to reflect the company’s successful issuance of US$350 million senior secured notes maturing in 2022, which removed any refinancing pressure over the next 12 months. The upgrade also reflects our view of Barminco’s relatively stable profitability even during the recent downturn in the mining industry and through a period of challenging conditions for mining services companies. We don’t expect a significant rebound in trading conditions over the next 12 months, given that miners remain disciplined in committing significant capital expenditure for expansion. However, pressure on mining services companies has moderated over the past six to 12 months as commodity prices rebounded, and some pipeline opportunities could supplement Barminco’s business.”
Dai però....
mariarosa78
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perchè vuoi vendere ....brutte notizie?
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