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

[Fabrib]

Un accordo da 50 miliardi di dollari (45 miliardi di euro circa) per chiudere migliaia di azioni legali prima che il processo inizi come previsto lunedì prossimo. Secondo il New York Times, è l'intesa a cui stanno lavorando gli Stati e le città americane con i maggiori distributori e produttori di oppioidi. L'accordo libererebbe AmerisourceBergen, Cardinal Health e McKesson, ma anche Johnson & Johnson e Teva, da più di 2.300 azioni legali con cui sono accusate di essere responsabili della crisi degli oppioidi.
La Repubblica

 

[corradotedeschi]

Leggendo il report del FMI di ieri...stiamo progressivamente entrando in un periodo di poca o nulla crescita globale...con i tassi cosi bassi sia in usa che eu...diventa un problema...si va ricercare qualcosa che rende pero' ppredendosi i rischi...con le obbligazioni aziendali e' molto grande...dipende molto anche da che tipo di industria...preferisco aspettare un po' prima di entrare su qualche titolo...

 

[fedro10]

Ferrellgas Partners, L.P. Reports Full Fiscal Year and Fourth Quarter 2019 Results | MarketScreener


Bonds Detail

ci siamo

 

[waltermasoni]

U.S. Steel Corp.'s Proposed $300 Million Senior Unsecured Convertible Notes Due 2026 Rated 'B' (Recovery Rating: '4')

• 16-Oct-2019 14:59 EDT

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• Table of Contents
  

TORONTO (S&P Global Ratings) Oct. 16, 2019--S&P Global Ratings today assigned its 'B' issue-level rating and '4' recovery rating to U.S. Steel Corp.'s proposed $300 million senior unsecured convertible notes due 2026. The '4' recovery rating indicates our expectation for average recovery (30%-50%; rounded estimate: 40%) in a hypothetical default scenario. The company could upsize the transaction by up to $50 million in the next 30 days with a purchaser's option, though this would not effect our our issue-level or recovery ratings on the proposed convertible notes.

U.S. Steel intends to use the proceeds from these notes for general corporate purposes, including to replenish its cash ahead of funding its approximately $700 million acquisition of 49.9% of Big River Steel LLC and about $2.4 billion of planned capital expenditure in the next few years. We view the transaction as leverage neutral and expect it to boost the company's liquidity amid the uncertainty in its cash flows due to volatile steel market conditions.

Our long-term 'B' issuer credit rating on U.S. Steel reflects the company's volatile earnings and cash flow, large debt load and pension obligations, and adequate sources of funding for large, strategically important capital expenditure over the next few years.

The negative outlook reflects the risk that protracted weak market conditions could exacerbate the company's negative cash flow from the construction of several major projects. We could lower our rating on U.S. Steel if its adjusted debt to EBITDA rises above 5x in 2020, which we estimate could occur if it generates negative discretionary cash flow of over $500 million while its liquidity position tightens with about a year of transformative growth capital spending remaining. We could revise our outlook on U.S. Steel to stable if the company makes progress on its Mon Valley investments amid better market conditions, decreasing its debt to EBITDA below 4x with adequate liquidity to complete its investments on time and on budget.

 

[fedro10]

Chesapeake Energy, Inc.

 

[fabriziof]

Legacy 2021 a 2,85 ,si ride per non piangere

Ora 1,9 .io non ho fatto neanche lo sforzo di firmare la procedura con la quale dovrebbero darci qualche briciola

 

[Fabrib]

BEIRUT (Reuters) - The Lebanese cabinet will hold a “final session” on Friday on the 2020 draft budget, Telecoms Minister Mohamed Choucair said on Thursday.
Lebanon is under pressure to approve the 2020 budget to unlock some $11 billion pledged at a donor conference last year, funds badly needed to boost the country’s indebted economy.

 

[captain sparrow]

Ferrellgas Partners, L.P. Reports Full Fiscal Year and Fourth Quarter 2019 Results | MarketScreener


Bonds Detail

ci siamo

ieri il bond è sceso da 72 a 48. oggi mantiene. i dati non sembrano così disastrosi. tenendo presente che sicuramente è la stagione invernale il miglior periodo per questo business, mi sembra che la reazione sia esagerata. ieri grossi scambi su FINRA
oggi l'azione recupera il 7.5 dopo la perdita del 30% di ieri

 

[qquebec]

BEIRUT (Reuters) - The Lebanese cabinet will hold a “final session” on Friday on the 2020 draft budget, Telecoms Minister Mohamed Choucair said on Thursday.
Lebanon is under pressure to approve the 2020 budget to unlock some $11 billion pledged at a donor conference last year, funds badly needed to boost the country’s indebted economy.

un po' datato, ma interessante Who will buy Lebanon's Eurobond? Not us, say foreign fund managers

 

[Fabrib]

BEIRUT (Reuters) - The Lebanese cabinet will hold a “final session” on Friday on the 2020 draft budget, Telecoms Minister Mohamed Choucair said on Thursday.
Lebanon is under pressure to approve the 2020 budget to unlock some $11 billion pledged at a donor conference last year, funds badly needed to boost the country’s indebted economy.

BEIRUT — Lebanese security forces fired tear gas to disperse hundreds of protesters in Beirut early Friday after they tried to push through security barriers around the government headquarters amid some of the largest demonstrations the country has seen in years.
The protests erupted over the government’s plan to impose new taxes during a severe economic crisis, with people taking their anger out on politicians they accuse of corruption and decades of mismanagement.
There are concerns over the country’s financial stability as well. Earlier this month, the local currency reached 1,650 Lebanese pounds to the dollar at exchange shops after it had been stable at 1,500 since 1997.