Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2 (8 lettori)

[marcob77]

BUZZ-U.S. Steel falls on disappointing forecast, plans to halt ops at a facility
20/12/2019 13:15 RSF
** Shares of steel producer (X.N) drop 5.7% to $12.60 premarket
** Company sees Q4 adj. loss per share at $1.15 compared with analysts expectations of 60 cents
** Cuts its quarterly dividend to $0.01/share from $0.05/share (news)

** Expects Q4 adj. EBITDA to be -$25 mln, which excludes about $225 mln of estimated restructuring and other charges, compared with analysts' EBITDA est. of $83.98 - Refinitiv IBES data
** Company also lowers its 2020 spending forecast to $875 mln from $950 mln
** Says it plans to "indefinitely idle a significant portion" of its operations at its Great Lakes Works facility near Detroit
** Company will issue Worker Adjustment and Retraining Notification Act notices to about 1,545 employees at the facility (news)

** While steel markets in North America are recovering, Europe and Tubular segments remain weak - company
** Up to Thursday's close, stock had fallen ~27% this year compared with ~18% gain in the S&P 400 materials index <.SPMDCM>

 

[marcob77]

L'azione U.S. steel al momento sta a -9%..fortuna che un pò ne avevo vendute di obbligazioni...peccato non averne vendute di più...ma non si può avere tutto dalla vita!

 

[fabriziof]

Ho in programma di alleggerire l'esposizione su frontier revlon chs alliance one

A fine marzo vendetti un po' di ciofeche,complessivamente non feci male

 

[Fra41]

Cma buone news
CMA CGM says finalises deal with China Merchants on terminal stakes

 

[Fabrib]

Chesapeake Energy has slowed talks on a deal to sell $1B in assets to Comstock Resources (NYSE:CRK), Reuters reports.
The report comes as CHK said it completed a term-loan refinancing early with the support of more than 99% of bondholders and is refinancing longer-dated notes that will trim $1B off its ~$9.7B in debt by paying the holders $0.62-$0.70 on the dollar on the older notes.
But CHK's debt refinancings have delayed a ~$1B deal to sell Louisiana gas assets to CRK into next year, according to the report.
CHK's latest offer will replace $3.2B of unsecured debt with $2.2B of secured debt, which will lower the company's total debt and "buy time" for continued asset sales and increased oil production, senior credit analyst John Thieroff tells Reuters.
But the refinancing does not reduce next year's ~$750M interest burden, and "as gas fundamentals continue to weaken and stay soft, [CHK is] exposed to that," Thieroff says.

 

[hernan1]

Hernan tutti settore oil?

Si, entrambi due. Ma sono Midstream, non produttori.

 

[salice02]

Cma buone news
CMA CGM says finalises deal with China Merchants on terminal stakes

Ottima notizia direi... Che questo fine 2019 dia qualche soddisfazione??

 

[Fra41]

Ottima notizia direi... Che questo fine 2019 dia qualche soddisfazione??

sarebbe ora

 

[iguanito]

Ottima notizia direi... Che questo fine 2019 dia qualche soddisfazione??

Sì; i default del libano e dell'argentina che arriveranno nel 2020!!

 

[salice02]

Sì; i default del libano e dell'argentina che arriveranno nel 2020!!

Se é per quello l'Argentina già c'è....