Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1
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fabriziof
Forumer storico
corradotedeschi
Forumer storico
A Complete Disaster: Inside Concordia International Corp.’s Worst Quarter Yet
Entrare in bond concordia 2023 7% USD solo in area 30..sarebbe interessante...per ora starne alla larga
Entrare in bond concordia 2023 7% USD solo in area 30..sarebbe interessante...per ora starne alla larga
Fabrib
Forumer storico
Peabody Energy says closer to bankruptcy exit as coal prices rise
Nov. 23, 2016 5:55 PM ET|About: Peabody Energy Corp. (BTUUQ)|By: Carl Surran, SA News Editor
Peabody Energy (OTCPK
TUUQ) says it is closer to exiting bankruptcy, with a debt dispute between creditors fizzling as the recent increase in coal prices improves the chances for recovery.
BTU filed for Chapter 11 protection in April after a sharp decline in coal prices left it unable to service $10B of debt, but prices for coal used to generate power and make steel have surged, meaning that secured lenders such as Citibank are now likely to recoup their investment, making a legal battle over how to treat long-term debt in calculating BTU's assets largely irrelevant.
BTU now says it is working to resolve the dispute that pitted its secured lenders against unsecured creditors, and expects to file its reorganization plan by mid-December and exit bankruptcy by April.
Freeport says debt reduction plan now complete with $1.5B offering
Nov. 23, 2016 2:57 PM ET|By: Carl Surran, SA News Editor
Freeport McMoRan (FCX +6.6%) surges to 16-month highs after saying it raised $1.5B in an equity offering to complete its plan to reduce debt with proceeds from asset sales and new equity.
FCX, which has sold mining and energy assets in deals worth $6.6B YTD, says it can now meet its debt reduction target of $5B-$10B; it had $19B in debt as of Sept. 30.
FCX says it sold 116.5M shares since July 28 under the offering and now has ~1.44B common shares outstanding
Nov. 23, 2016 5:55 PM ET|About: Peabody Energy Corp. (BTUUQ)|By: Carl Surran, SA News Editor
Peabody Energy (OTCPK
TUUQ) says it is closer to exiting bankruptcy, with a debt dispute between creditors fizzling as the recent increase in coal prices improves the chances for recovery.BTU filed for Chapter 11 protection in April after a sharp decline in coal prices left it unable to service $10B of debt, but prices for coal used to generate power and make steel have surged, meaning that secured lenders such as Citibank are now likely to recoup their investment, making a legal battle over how to treat long-term debt in calculating BTU's assets largely irrelevant.
BTU now says it is working to resolve the dispute that pitted its secured lenders against unsecured creditors, and expects to file its reorganization plan by mid-December and exit bankruptcy by April.
Freeport says debt reduction plan now complete with $1.5B offering
Nov. 23, 2016 2:57 PM ET|By: Carl Surran, SA News Editor
Freeport McMoRan (FCX +6.6%) surges to 16-month highs after saying it raised $1.5B in an equity offering to complete its plan to reduce debt with proceeds from asset sales and new equity.
FCX, which has sold mining and energy assets in deals worth $6.6B YTD, says it can now meet its debt reduction target of $5B-$10B; it had $19B in debt as of Sept. 30.
FCX says it sold 116.5M shares since July 28 under the offering and now has ~1.44B common shares outstanding
Joe Silver
Forumer storico
Non rigirare il coltello nella piaga...
sterubb
Forumer storico
Qualcuno l'ha presa di recente?
http://cbonds.it/emissions/issue/22837
http://cbonds.it/emissions/issue/22837
captain sparrow
Forumer storico
il 19/12 Accuride richiama il resto delle obbligazioni 2018 9.5%
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HIGH YIELD e oltre, verso frontiere inesplorate, vol.3
