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

[gukko]

Transportadora de Gas del Sur
Mi ritrovo un rimborso per il 25 % in data 14/11/2016 ma da prospetto i rimborsi erano:

May 14, 2014 25%
May 14, 2015 25%
May 14, 2016 25%
May 14, 2017 25%

Hanno anticipato il richiamo al 14/11/2016 anziché del 14/05/2017?
Ma è normale se po fa?

Morale della favola mi ritrovo senza marfrig e tgs nell'arco di una nottata...

Giusto, da approfondire la questione.

 

[captain sparrow]

cosa sta succedendo a 3W ? adesso circa 40, in caduta continua. qualcuno ha informazioni?

 

[hernan1]

Transportadora de Gas del Sur
Mi ritrovo un rimborso per il 25 % in data 14/11/2016 ma da prospetto i rimborsi erano:

May 14, 2014 25%
May 14, 2015 25%
May 14, 2016 25%
May 14, 2017 25%

Hanno anticipato il richiamo al 14/11/2016 anziché del 14/05/2017?
Ma è normale se po fa?

Morale della favola mi ritrovo senza marfrig e tgs nell'arco di una nottata...

Ho trovato questi scenari sul prospect della 2017

Redemption for Tax Reasons . . . . . . . . .
Subject to certain conditions, if as a result of any change after the
date of the final Offering Memorandum in the laws or regulations
of Argentina or any authority thereof or therein having power to
tax, we become obligated to pay any Additional Amounts, we may,
at our option and in compliance with certain notice requirements,
redeem the Notes in whole, but not in part.
Any such redemption for tax reasons shall be at a redemption price
equal to 100% of the Outstanding principal amount thereof,
together with accrued and unpaid interest and any Additional
Amounts to the date of redemption. See “Description of the
Notes — Redemption and Repurchase —Redemption for Tax
Reasons.”

Optional Redemption. . . . . . . . . . . . . . .
We may, subject to compliance with certain notice requirements,
redeem the Notes in whole, but not in part, in each of the periods
indicated below at a redemption price equal to the Outstanding
principal amount of the Notes multiplied by the applicable
percentage set forth in the table below, together with accrued and
unpaid interest and any Additional Amounts to the date of
redemption.
Period Beginning Applicable Percentage
On the 5th anniversary of the Issue Date. . . . . . . . . . . . . . . 100% + (0.50 *coupon)
On the 6th anniversary of the Issue Date. . . . . . . . . . . . . . . 100% + (0.25 *coupon)
On the 7th anniversary of the Issue Date. . . . . . . . . . . . . . . 100% + (0.125 *coupon)
On the 8th anniversary of the Issue Date. . . . . . . . . . . . . . . 100%

 

[gionmorg]

Ho trovato questi scenari sul prospect della 2017

Redemption for Tax Reasons . . . . . . . . .
Subject to certain conditions, if as a result of any change after the
date of the final Offering Memorandum in the laws or regulations
of Argentina or any authority thereof or therein having power to
tax, we become obligated to pay any Additional Amounts, we may,
at our option and in compliance with certain notice requirements,
redeem the Notes in whole, but not in part.
Any such redemption for tax reasons shall be at a redemption price
equal to 100% of the Outstanding principal amount thereof,
together with accrued and unpaid interest and any Additional
Amounts to the date of redemption. See “Description of the
Notes — Redemption and Repurchase —Redemption for Tax
Reasons.”

Optional Redemption. . . . . . . . . . . . . . .
We may, subject to compliance with certain notice requirements,
redeem the Notes in whole, but not in part, in each of the periods
indicated below at a redemption price equal to the Outstanding
principal amount of the Notes multiplied by the applicable
percentage set forth in the table below, together with accrued and
unpaid interest and any Additional Amounts to the date of
redemption.
Period Beginning Applicable Percentage
On the 5th anniversary of the Issue Date. . . . . . . . . . . . . . . 100% + (0.50 *coupon)
On the 6th anniversary of the Issue Date. . . . . . . . . . . . . . . 100% + (0.25 *coupon)
On the 7th anniversary of the Issue Date. . . . . . . . . . . . . . . 100% + (0.125 *coupon)
On the 8th anniversary of the Issue Date. . . . . . . . . . . . . . . 100%

L'ottavo anniversario mi risulta il 2015....

 

[hernan1]

L'ottavo anniversario mi risulta il 2015....

Certo, a partire di quel aniversario possono farlo in qualsiasi momento pagando soltanto il 100% (con un preavviso)

 

[drbs315]

Balzo della Bta XS0867478124, sui 75, era da tempo ferma sui 70...

 

[angy2008]

Bombardier : Announces Pricing of its New Issuance of Senior Notes due 2021

MONTREAL, QUEBEC--(Marketwired - Nov 16, 2016) - Bombardier Inc. (TSXBD.A)(TSXBD.B)(OTCQXDRBF) today announced that it has successfully priced its offering of US$1.4 billion aggregate principal amount of new Senior Notes due December 1, 2021 which carry a coupon of 8.750% per annum and will be sold at 99.001% of par (the "Notes"). The issuance is expected to close on or about November 21, 2016, subject to customary closing conditions.

Bombardier intends to use the net proceeds of this offering of Notes, together with cash on hand, to finance the redemption of all of its outstanding 7.50 % Senior Notes due March 2018 (the "7.50% Notes due 2018") and 5.50% Senior Notes due September 2018 (the "5.50% Notes due 2018"), through notices of redemption to be delivered promptly following the closing of this offering of Notes.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offering, solicitation or sale would be unlawful.

The securities mentioned herein may be offered and sold in the United States only to qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act and outside the United States in reliance on Regulation S under the U.S. Securities Act. The securities mentioned herein have not been and will not be registered under the United States Securities Act of 1933, as amended, any state securities laws or the laws of any other jurisdiction, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. The securities mentioned herein have not been and will not be qualified for distribution to the public under applicable Canadian securities laws and, accordingly, any offer and sale of the securities in Canada will be made on a basis which is exempt from the prospectus and dealer registration requirements of such securities laws. The securities will be offered and sold in Canada on a private placement basis only to "accredited investors" pursuant to certain prospectus exemptions.

Any redemption of the 7.50 % Notes due 2018 or 5.50% Notes due 2018 will be made pursuant to a notice of redemption under the indentures governing the 7.50% Notes due 2018 and 5.50% Notes due 2018, respectively.

fà piacere che riescano a finanziarsi abbastanza agevolmente, mi è poco chiaro il motivo della prospettata sostituzione di titoli ancora con quasi due anni di vita con uno molto più costoso. Và bene che si preannunciano tassi più alti in generale sui mercati ma per non pagare magari un punto in più tra 18 mesi tocca sborsare un bel pò di punti in più per il periodo forse hanno paura di peggiorare il rating?

 

[montebar]

ricomprate le alpiq in franchi dopo lo stacco della cedola, perpetuo al 5% con call
venduta a 90 e passa, ricomprata a 81
mi preparo a fare lo stesso sulla srlev

 

[angy2008]

se qualcuno ha le Gajak Tunggal si può dare il consent a fare operazioni di riacquisto e rifinanziamento del bond e incassare un 6/1000 di consent, converrebbe darlo anche a gratis
USY71214AA14

 

[warren baffo]

su borse tedesche bel balzo in su per BTA kazkommerz 2022
sul sito IR ci sono notizie ermetiche che non so interpretare, se qualcuno vede qualcosa o capisce...
ha ancora un YTM di quasi 13%