Commenti su questo animaletto? ....a parte il taglio, intendo....
24/1
★★ KERNEL (UKRAINE) - INITIAL TERMS/TIMING ★★
Issuer................ Kernel Holding S.A.
Guarantors............ Inerco Trade SA, Restomon Limited, Etrecom
Investments Limited, Estron Corporation Limited,
Trading Company “Russian Oils” LLC, AGROPOLIS,
LLC, AGROCOMPANY ARSHITZIA, LLC, AHROFIRMA KHLIBOROB,
LLC, BANDURSKY VOEP LLC, BLACK SEA INDUSTRIES UKRAINA
LIMITED, LLC, CHORNA KAMIANKA, LLC, DRUZHBA-NOVA, ALLC,
ENSELCO AGRO, LLC, HOVTVA, ALLC, "KONONIVSKIY ELEVATOR",
LLC, MRIIA, ALLC, PALMIRA, ALLC, UNIGRAIN-AGRO, LLC,
VYSHNEVE-AGRO, ALLC, KERNEL-CAPITAL, LLC, KERNEL-TRADE,
LLC, POLTAVSKY VOEP, PJSC and POLTAVSKE HPP, PJSC
Exp. notes rating..... B+ (Fitch) / B (Moody’s)
Format................ Reg S / 144A
Maturity.............. Bullet, 5 years ([31 Jan] 2022)
Size.................. US$ benchmark
IPTs.................. 9.25% - 9.50%
Change of control..... Put option at 100% if Permitted Holders ≤ 33.3% of voting power
Denoms................ 200k+1k
Law/Listing........... English / Irish Stock Exchange (GEM)
JLMs.................. JPMORGAN (B&D) / ING
Timing................ Today’s business