Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1 (8 lettori)

[fabriziof]

prese con IW a 69,93
US177342AL65 Frontier Communications Corp. Anleihe: 7,450% bis 01.07.2035

ma prima dicevi lettera a 72

 

[fabriziof]

ogni caso frontiers Frontier Communications Corp : Financials, earnings estimates and forecasts for Frontier Communications Corp | FTR | 4-Traders mi sembra abbia un leverage sostenibile (4.39 a marzo 2017) se mi dite un altro emittente con una leva finanziaria che rende il 10% lordo a 8 anni mi fate un fischio
per me opportunità di sovrappesare se i prezzii devessero cedere cecisamente, non si guadagna dall'oggi al domani ma si investe con ottica a più ampio respiro:: valeant non la voleva nessuno 1 mese fa oggi la vendi bene
detto questo una buona diversificazione facilita il sonno notturno, oltre e soprattutto una buona lettura

questa frontier in effetti intriga ,o è un affare o finiamo male

 

[Myskin]

ma prima dicevi lettera a 72

io ne ho prese 40 k un punto sotto, ho incrementato perchè Valeant sembra essere stato un buon affare e vado a giocarmi i guadagni

 

[Joe Silver]

preso un assaggio di Frontier US35906AAZ12 a 92, vedo che è parecchio baccagliata

Al solito...se aspettavo oggi avrei risparmiato quasi 3 punti

 

[AAA+]

• Hertz, the US car rental company, has reported very weak 1Q17 results despite the already bearish sentiment and easy comps. EBITDA turned negative following 15% higher fleet costs and a 3% decline in revenues.
  
  
• We expect a further deterioration of the company's already stretched credit metrics, mainly on lower pricing and the high operational leverage towards residual car prices. These are expected to decline by up to 3.5%, which could translate into a 30-40% decline in EBITDA.
  
  
• Despite Moody's recent downgrade we maintain our Deteriorating issuer credit outlook. Although we think management is taking the right steps to address Hertz's issues, we think industry fundamentals will make the turnaround more painfull, leading to weaker credit metrics in the short term.
  
  
• Hertz's bonds have not been for the fainthearted and we expect volatility to remain high until we see some improvements. However, we think that the EUR 4.375% 2019 and USD 5.875% 2020 bonds offer value for investors with a higher risk appetite. We think these could be supported by a possible early refinancing or other credit enhancing transactions.
  

 

[fabriziof]

sia pure per un'esposizione minima oggi ho arricchito il mio palmares


SolarWorld AG: Insolvency
10-05-17

The management board of SolarWorld AG, after having conducted a diligent review, came to the conclusion today that due to the ongoing price erosion and the development of the business, the Company no longer has a positive going concern prognosis, is therefore over-indebted and thus obliged to file for insolvency proceedings. It is currently under evaluation if a respective obligation to file for insolvency proceedings is also given with regard to affiliated companies of SolarWorld AG.

In light of the foregoing, the management board will now immediately file for insolvency proceedings with the competent local court (court of insolvency).

 

[monica2004]

COLUMBUS, Ohio – (May 9, 2017) — Hexion Inc. (the “Company”) announced today that it is proposing to issue $75 million
aggregate principal amount of new 10.375% First-Priority Senior Secured Notes (the “Notes”) in a private offering that is
exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Company
previously issued $485 million aggregate principal amount of 10.375% First-Priority Senior Secured Notes due 2022 and the
Notes will constitute a single class of securities with such previously issued notes.

che cosa ne pensate?
Un segno di difficoltà o come dicono loro un normale"for general corporate purposes"?

 

[Cat XL]

• Hertz, the US car rental company, has reported very weak 1Q17 results despite the already bearish sentiment and easy comps. EBITDA turned negative following 15% higher fleet costs and a 3% decline in revenues.
  
  
• We expect a further deterioration of the company's already stretched credit metrics, mainly on lower pricing and the high operational leverage towards residual car prices. These are expected to decline by up to 3.5%, which could translate into a 30-40% decline in EBITDA.
  
  
• Despite Moody's recent downgrade we maintain our Deteriorating issuer credit outlook. Although we think management is taking the right steps to address Hertz's issues, we think industry fundamentals will make the turnaround more painfull, leading to weaker credit metrics in the short term.
  
  
• Hertz's bonds have not been for the fainthearted and we expect volatility to remain high until we see some improvements. However, we think that the EUR 4.375% 2019 and USD 5.875% 2020 bonds offer value for investors with a higher risk appetite. We think these could be supported by a possible early refinancing or other credit enhancing transactions.

Grazie. Di chi è questo commento? Per me i
bond possono scendere ancora. Ma li ho nella WL. Vedremo che vorrà fare Ichan.

 

[Fabrib]

By The Wall Street Journal Interactive EditionMay 11, 2017, 6:42 p.m. EST
Brazilian state-controlled oil company Petróleo Brasileiro SA reported its largest quarterly earnings in two years.
The company swung from last year's loss of 1.25B reais to a profit of 4.5B reais, about $1.53B. Sales revenues came to $21.7B (down 2.8%); gross profit was $7.56B.
EBITDA was up 19% to 25.3B reais (about $8.06B).
A rise in crude prices relieved pressure for government subsidy.
Net finance expense was $2.465B; the company managed to reduce total debt to $115.1B from last quarter's $118.4B.
Financial statements

 

[fedro10]

ma prima dicevi lettera a 72

coretto erano i prezzi di IW della prima mattina poi ho aspettato il pomeriggio visto i primi scambi su Finra e ho riprovato prese per l'appunto a 69.93