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

[fabriziof]

GRUPO FAMSA SUBSCRIBES A MXP$2,634 MILLION CREDIT FACILITY

Monterrey, N.L., Mexico, July 25, 2017 - Grupo Famsa, S.A.B. de C.V. (BMV: GFAMSA) ("the Company" or "Grupo Famsa"), announced today the subscription of a MXP$2,634 million credit facility with Banco Nacional de Comercio Exterior, SNC, Mexican Exim Bank ("BANCOMEXT"), at a variable interest rate of TIIE (Mexican Interbank Interest Rate) + 300 bps., with a 10-year term, and step up semiannual capital amortizations.

Grupo Famsa will use these proceeds to settle an advance payment of US$110 million of its outstanding Notes due 2020 (Senior Notes, US$250 million), issued by the Company in 2013. It is important to note the redemption of the notes will be made in accordance to the conditions stated in their indenture. In addition, approximately MXP$700 million of short- term bank debt due in 2H17 will be amortized.

As a result of this transaction, the Company will decrease its outstanding Dollar- denominated debt balance by 43%, thus substantially reducing its exposure to the FX MXP- USD fluctuation.

Grupo Famsa reaffirms its commitment to the strengthening of its financial structure by improving its leverage and significantly extending its debt maturity profile.

Poco meno del 50 % verrà richiamato
GRUPO FAMSA SAB DE CV & FX 7.250 % 06/01/20 USP7700WCG35

ma guarda...

 

[fabriziof]

dal prospetto bond famsa:

Optional Redemption.
Except as stated below, the Company may not redeem the notes prior to June 1,
2017. The Company may redeem the notes,
at its option, in whole at any time or in part from time to time, on and
after June 1, 2017, at the following redemption prices, expr
essed as percentages of the pr
incipal amount thereof, if
redeemed during the twelve-month period commencing on June 1 of any year set forth below:
Year Percentage
2017 .......................................... 103.625%
2018 .......................................... 101.813%
2019 and thereafter .................... 100.000%

converebbe incrementare...

 

[fedro10]

buy EIB in Reals XS1637363001 @98,612
Incrementato HERTZ US428040CN71 @90,589
" " HEXION US428302AA14 @95,272

questo isin non mi sembra coretto EIB in Reals XS1637363001 @98,612

 

[mikim]

Frontier Communications: Short Interest Spikes To Record Levels At Mid-July... What Now? - Frontier Communications Corporation (NYSE:FTR) | Seeking Alpha

dopo queste analisi comincio un po a preoccuparmi. Qualcuno ha ridotto la propria esposizione su Frontiers?

 

[fabriziof]

...martedì a mercati chiusi risultati frontier

 

[gionmorg]

dal prospetto bond famsa:

Optional Redemption.
Except as stated below, the Company may not redeem the notes prior to June 1,
2017. The Company may redeem the notes,
at its option, in whole at any time or in part from time to time, on and
after June 1, 2017, at the following redemption prices, expr
essed as percentages of the pr
incipal amount thereof, if
redeemed during the twelve-month period commencing on June 1 of any year set forth below:
Year Percentage
2017 .......................................... 103.625%
2018 .......................................... 101.813%
2019 and thereafter .................... 100.000%

converebbe incrementare...

c'è qualcosa che non mi torna, la quotazione, 86 circa, è bassa....

 

[fabriziof]

c'è qualcosa che non mi torna, la quotazione, 86 circa, è bassa....

Bisognerebbe sentire che dice l'ir ,si chiama Paloma...

 

[Joe Silver]

Frontier Communications: Short Interest Spikes To Record Levels At Mid-July... What Now? - Frontier Communications Corporation (NYSE:FTR) | Seeking Alpha

dopo queste analisi comincio un po a preoccuparmi. Qualcuno ha ridotto la propria esposizione su Frontiers?

Ridotto quindici giorni fa il bond 11%, ma ne tengo ancora un chip perché ritengo la situazione seria ma non drammatica.

 

[iguanito]

Cospicuo incremento sull'argentina secolare 2117 a 90,45

 

[Joe Silver]

Cospicuo incremento sull'argentina secolare 2117 a 90,45

Oggi l'Argentina sink in euro si prende sotto 104.