Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2

  • Legacy Reserves (LGCY -12.8%) expects there will be no recovery for shareholders as it files for Chapter 11 bankruptcy, as expected, to facilitate its previously negotiated financial restructuring.
  • LGCY's largest investor, Baines Creek Capital, recently launched a proxy fight to replace the board; instead of waging an ongoing fight, the company opted to file for bankruptcywhile continuing to operate as normal during the court proceedings.
 
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Ukraine is pleased to announce the pricing of its new benchmark EUR-denominated Eurobonds in a principal amount of €1,000,000,000 with final maturity on 20th of June 2026. The newly issued notes will bear interest at the rate of 6.75% per annum. The new issue is rated B- by Standard & Poor’s and B- by Fitch. Settlement of the new issue is expected to take place on the 20th of June 2019. The orderbook for the new issue peaked over EUR 6 billion.
 

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