Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1
- Creatore Discussione TRADING_IDEAS
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fabriziof
Forumer storico
Son contento per te ,é Il bello dell' hy
gualberto
Charlie don't Surf
angy2008
Forumer storico
update su Genon, a quanto pare anche chi non ha aderito allo swap in azioni riceverà lo stesso trattamento di chi ha aderito, CAC o altro non si sà, così dicono:
Due to the high level of support for the Consent Agreement (over 90% of each relevant bondholder group, as you have seen in the 8-K), we expect to have sufficient support to execute a Restructuring Support Agreement with the Company, obligating the signatories to vote in favor of a plan incorporating the terms set forth in the Consent Agreement and Restructuring Support Agreement. Assuming the court approves the plan contemplated by the Restructuring Support Agreement, all holders of the 2017 notes—even those who do not sign the Restructuring Support Agreement—will be treated the same under the plan. Specifically, if the plan is confirmed, all holders of the 2017 notes will receive their pro rata share of equity in the reorganized Company.
c'è una richiesta per allungare i tempi per il consent al 2 giugno, chi volesse aderire scriva all'indirizzo riportato in fondo:
We are writing with a further update on GenOn. This email is being sent to all Consenting Holders under the Consent Agreement, all members of the ad hoc group of GenOn and GAG noteholders, and additional parties who have contacted Ropes & Gray and/or Ducera expressing a desire to be kept apprised of developments.
Although we have made significant progress with both GenOn and NRG towards completion of the Restructuring Support Agreement (RSA) and the related term sheets, there are a handful of open points that still need to be resolved. We expect to provide a draft RSA as soon as the main points are closer to resolution. To provide all parties with sufficient time to review the terms of the RSA, we request your advance authorization to extend the Termination Time of the Consent Agreement to Friday, June 2, 2017 at 11:59 p.m. ET.
Please affirm your agreement to such extension of the “Termination Time” with a simple “yes” or “agree” by reply email to me (marc.roitman(AT)ropesgray.com).
Due to the high level of support for the Consent Agreement (over 90% of each relevant bondholder group, as you have seen in the 8-K), we expect to have sufficient support to execute a Restructuring Support Agreement with the Company, obligating the signatories to vote in favor of a plan incorporating the terms set forth in the Consent Agreement and Restructuring Support Agreement. Assuming the court approves the plan contemplated by the Restructuring Support Agreement, all holders of the 2017 notes—even those who do not sign the Restructuring Support Agreement—will be treated the same under the plan. Specifically, if the plan is confirmed, all holders of the 2017 notes will receive their pro rata share of equity in the reorganized Company.
c'è una richiesta per allungare i tempi per il consent al 2 giugno, chi volesse aderire scriva all'indirizzo riportato in fondo:
We are writing with a further update on GenOn. This email is being sent to all Consenting Holders under the Consent Agreement, all members of the ad hoc group of GenOn and GAG noteholders, and additional parties who have contacted Ropes & Gray and/or Ducera expressing a desire to be kept apprised of developments.
Although we have made significant progress with both GenOn and NRG towards completion of the Restructuring Support Agreement (RSA) and the related term sheets, there are a handful of open points that still need to be resolved. We expect to provide a draft RSA as soon as the main points are closer to resolution. To provide all parties with sufficient time to review the terms of the RSA, we request your advance authorization to extend the Termination Time of the Consent Agreement to Friday, June 2, 2017 at 11:59 p.m. ET.
Please affirm your agreement to such extension of the “Termination Time” with a simple “yes” or “agree” by reply email to me (marc.roitman(AT)ropesgray.com).
hernan1
Forumer attivo
Io ho capito che la 2017 era in modo "trading flat" ma oggi ho ricevuto notifica del pagamento della cedola:
GENONE 7 7/8 06/15/17 announced a coupon payment effective 20170612. The declared rate on the coupon payment will be USD 0.03938.
ISIN:US74971XAC11
fedro10
è la somma che fa il totale...
fedro10
è la somma che fa il totale...
gualberto
Charlie don't Surf
Stesso trattamento pure per la 2020? non vine citata nella mail
angy2008
Forumer storico
non è mai stata flat, se passa lo swap la cedola la pagano insieme alla parte cash e alle azioni
angy2008
Forumer storico
il trattamento dovrebbe essere uguale, nella mail non cita le altre perchè rispondeva a una domanda sulla 2017 per sondare eventualità di rimborso a giugno per chi non aderisse al consent, cosa che escludono
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