Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
- Creatore Discussione gionmorg
- Data di Inizio
Omero
Forumer storico
Ekosem opera in Russia e fattura in rubli, ma i bond li ha emessi in euro
waltermasoni
Caribbean Trader
Si sono sia step up(fine 2018 aumenta cedola) che amortizing
Omero
Forumer storico
amortising mi sembra a partire dal 2029
angy2008
Forumer storico
stanno chiedendo soldi al mercato con aumento di capitale e dismissioni perchè sono in crisi di liquidità a mio parere, se poi trovano qualche banca che li vuol finanziare a tasso prime allora possono anche callare ma mi pare improbabile
waltermasoni
Caribbean Trader
in crisi di liquidita da cosa lo evinci?
nell'ultima trimestrale non era cosi.
comunque vediamo stasera
Rating Action:
Moody's affirms Kindred's B2 CFR; raises liquidity score to SGL-2; outlook is stable
Global Credit Research - 13 Nov 2017
New York, November 13, 2017 -- Moody's Investors Service, ("Moody's") affirmed Kindred Healthcare, Inc.'s (Kindred) B2 Corporate Family Rating (CFR) and B2-PD Probability of Default Rating. At the same time, Moody's raised the company's Speculative Grade Liquidity Rating to SGL-2 from SGL-3. The Ba3 rating on the senior secured term loan and the B3 rating on the unsecured notes were also affirmed. The outlook is stable.
"The improvement in Kindred's liquidity rating stems from Moody's outlook for improved free cash flow over the next 12-18 months, higher cash balances and reduced borrowings on its revolving credit facility," said Jessica Gladstone, Senior Vice President at Moody's Investors Service. "Recent actions the company has taken, including the discontinuation of the dividend, restructuring of its captive insurance programs and the exiting of the skilled nursing business have all improved Kindred's liquidity and better positioned the company to manage through the difficult reimbursement environment," added Gladstone.
Moody's affirms Kindred's B2 CFR; raises liquidity score to SGL-2; outlook is stable
Global Credit Research - 13 Nov 2017
New York, November 13, 2017 -- Moody's Investors Service, ("Moody's") affirmed Kindred Healthcare, Inc.'s (Kindred) B2 Corporate Family Rating (CFR) and B2-PD Probability of Default Rating. At the same time, Moody's raised the company's Speculative Grade Liquidity Rating to SGL-2 from SGL-3. The Ba3 rating on the senior secured term loan and the B3 rating on the unsecured notes were also affirmed. The outlook is stable.
"The improvement in Kindred's liquidity rating stems from Moody's outlook for improved free cash flow over the next 12-18 months, higher cash balances and reduced borrowings on its revolving credit facility," said Jessica Gladstone, Senior Vice President at Moody's Investors Service. "Recent actions the company has taken, including the discontinuation of the dividend, restructuring of its captive insurance programs and the exiting of the skilled nursing business have all improved Kindred's liquidity and better positioned the company to manage through the difficult reimbursement environment," added Gladstone.
zoroaster
Forumer attivo
esatto, devi considerare che vendendoci il bond incassarono da noi euro che sono stati investiti in Russia convertendoli in rubli. Durante la vita del bond devono fare cassa in Russia sempre in rubli che dovranno essere riconvertiti in Euro quando il bond arriverà a maturità. Ora come ora, il cambio per Ekosem e ben più sfavorevole di quando contrassero il debito . Il timore stà nel fatto che la differenza di cambio possa essere talmente gravosa da difficoltare la restituzione ( e con questo faccio l`avvocato del diavolo o i piedi alle mosche)- non avevo visto la precedente risposta di Omero
ARGENT 2.26 12/31/38
Coupon
End Date
2.260
03/31/2019
3.380
03/31/2029
4.740
12/31/2038
——————-
ARGENT 2.26 12/31/38
Coupon
End Date
1.200
03/31/2009
2.260
03/31/2019
3.380
03/31/2029
4.740
12/31/2038
