Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
- Creatore Discussione gionmorg
- Data di Inizio
fedro10
è la somma che fa il totale...
se ne era accennato tempo fa, sempre attorno a 100
8,75% MRG FINANCE UK PLC (2023) - XS1897122278 - Börse Berlin
taglio 1k emissione di 50 milioni di euro
8,75% MRG FINANCE UK PLC (2023) - XS1897122278 - Börse Berlin
taglio 1k emissione di 50 milioni di euro
NoWay
It's time to play the game
Azione Uniti a picco nel pre-market... e peggio ancora Windstream...
Ultima modifica:
waltermasoni
Caribbean Trader
Thomas Cook Group Downgraded To 'B' From 'B+' On Weakened Trading And Reduced Liquidity; Outlook Remains Negative
- 19-Feb-2019 07:03 EST
- U.K.-based tour operator Thomas Cook Group PLC's first quarter trading
update (Feb. 7) reflects weak trading and low visibility of earnings and
cash flows in the U.K. market. We have therefore revised down our
earnings and cash flow growth forecasts, and now foresee slower
deleveraging than we had previously anticipated. - Our revised forecasts also indicate reduced liquidity flexibility because
of tightening headroom under the covenants of its £875 million revolving
credit facility (RCF), which we estimate to be significantly drawn. Even
though we believe the company has identified contingencies to remain
covenant-compliant, we think it has diminishing flexibility to face any
operational challenges or implement its business plan. - As a result, we are lowering our long-term issuer credit rating on Thomas
Cook to 'B' from 'B+' and maintaining the negative outlook. We are
lowering our issue rating on the senior unsecured notes to 'B' from 'B+',
while our recovery rating on the debt remains at '3'. - The negative outlook indicates that we could lower the ratings if Thomas
Cook is unable to restore its operating performance during 2019 such that
earnings, cash flows, and credit ratios improve materially from current
weak levels, or if its liquidity flexibility tightened further.
fabriziof
Forumer storico
Windstream perde il 65 per cento
hernan1
Forumer attivo
Certo, si aspettava una grossa caduta come conseguenza del laudo del giudice su Winstream. Preocupa che scatenasse un possibile ChXI della Winstream, con taglio ulteriore dei prezzi del master lease con UNITI, che alla fine porterebbe un sicuro taglio del generoso dividendo della UNITI. Ma il bond sarebbe un altra storia....
MONACO, Feb. 19, 2019 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) today announced that, in connection with its exchange offer and consent solicitation (the “Exchange Offer”) to exchange cash and/or newly issued 9.75% Senior Notes due 2024 (the “Notes”) for approximately 66 2/3% of each of the outstanding American Depositary Shares, each representing 1/100th of a share of 8.75% Series G Cumulative Redeemable Perpetual Preferred Stock (the “Series G ADSs”) and 8.625% Series H Cumulative Redeemable Perpetual Preferred Stock (the “Series H ADSs”), it (i) extended the expiration date of the Exchange Offer through 5:00 p.m.(New York City time) on Friday, March 1, 2019 (“Extended Expiration”) and (ii) is waiving the Minimum Condition (as defined below).
