Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2 (3 lettori)

waltermasoni

Caribbean Trader
Fitch Rates Paraguay's USD500MM Bond 'BB+'
05 FEB 2019 09:36 AM ET




Fitch Ratings-New York-05 February 2019: Fitch Ratings has assigned a 'BB+' rating to Paraguay's USD500 million bond, with final maturity in 2050. The bond has a coupon of 5.4%.

Proceeds from the issuance will be used for capital expenditures and to refinance a portion of outstanding debt.

KEY RATING DRIVERS

The bond rating is in line with Paraguay's Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BB+'.
 

gualberto

Charlie don't Surf
Solo per precisare... Dtek

The coupon of the New Notes is 10.75% p.a. with interest paid in cash quarterly and with a step-up in time, starting at 5.5% p.a. from the date that the Scheme is sanctioned until 31 December 2018, 6.5% p.a. in 2019, 7.5% in 2020, 8.5% in 2021, 9.5% in 2022 and 2023, and 10.75% p.a. in 2024 in accordance with the terms of the New Notes. The amount equal to 10.75% p.a. minus the applicable cash payment interest rate for each year will be capitalised and compounded on a quarterly basis.
Cash sweep 3.7 3.8
There will be no cash sweep applicable to the New Notes. Prepayment of the New Notes
Buybacks of the New Notes will be permitted without consent of the holders of the New Notes provided all such New Notes shall then be delivered to the Trustee for cancellation and shall be cancelled by the Trustee not later than 20 Business Days after the date of the buyback.
 

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arkymede74

Forumer storico
Ragazzi, ma ci sono bad bad bad news au Frontier communication? Sto leggendo velocemente i vostri mex poiché sono rimasto indietro...
 

hernan1

Forumer attivo
Good news di CBL, sono riusciti a rifinanziare il debito colle banche. Una nuvola nera che se ne va...

CBL enters into new $1.19B senior secured credit pact (Feb. 5, 2019)
- CBL & Associates (CBL +0.8%) enters into a new $1.19B senior secured credit facility, replacing its previous bank facilities consisting term loans with an aggregate balance of $695M and $1.1B capacity of revolving credit.
- The new facility consists of a $500M term loan and a revolving credit line with borrowing capacity of $685M.
- At closing, the company used the line of credit to reduce the principal balance of the unsecured term loans to $500M from $695M.-
- At closing the new line of credit has an outstanding balance of $419.8M with a total availability of $265.2M.
- The facility matures in July 2023 and bears interest at a variable rate of LIBOR + 225 basis points.
- The facility is secured by a portfolio of the company's properties consisting of 17 malls and three associated centers.
 

Near

Forumer storico
Good news di CBL, sono riusciti a rifinanziare il debito colle banche. Una nuvola nera che se ne va...

CBL enters into new $1.19B senior secured credit pact (Feb. 5, 2019)

CBL High-Yield Bonds: Increasingly Attractive
Jun. 29, 2018 5:30 PM ET


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About: CBL & Associates Properties, Inc. (CBL)

Blue Harbinger


Value, dividend investing, bonds, portfolio strategy
MARKETPLACE
The Value And Income Forum

(6,476 followers)
Summary


CBL's high-yield bonds have recently sold off, thereby creating an opportunity for high income and attractive price appreciation.

We acknowledge CBL's common equity has much more price appreciation potential than the bonds, but the common equity has much more risk too.

We are not interested in owning CBL's high-yield preferred shares.

If you are looking for an attractive coupon payment, plus the prospects for some attractive price appreciation (perhaps far sooner than the bonds mature), CBL's bonds are worth considering.

This idea was discussed in more depth with members of my private investing community,The Value And Income Forum.
 

Near

Forumer storico
Ragazzi, ma ci sono bad bad bad news au Frontier communication? Sto leggendo velocemente i vostri mex poiché sono rimasto indietro...
veramente sono altalenanti, forse la sfanga forse no.
fino 2022 dovrebbe avere ha liquidità per pagare il debito poi numquam.
a meno che non riesca a realizzare tutti gli obiettivi di rebranding dismissioni ed efficientamenti vari che il board ha previsto di fare.
il board è stato recentemente rinnovato inserendovi degli esperti provenienti da società finite in bancarotta.
letto questo ho venduto
ma ho venduto sulla lettera,
cosa mai capitata a me i 4 anni
quindi credo che magari ci sia invece dell'interesse motivato su frontier che va oltre le evidenze giornalistiche
 
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