Moody Baa3Scusate ma il rating di Ecopetrol si conosce? Il fatto che sia Colombia non mi tranquillizza
Ecopetrol è statale e dal 2010 al 2015 ha subito la concorrenza di pacific rubiales . Pacific rubiales estraeva il 30% di tutto il crudo della ColombiaScusate ma il rating di Ecopetrol si conosce? Il fatto che sia Colombia non mi tranquillizza
In effetti prima Baa3
Issuer: | Aeropuertos Argentina 2000 S.A. | |
Format: | Reg S only | |
Security: | Class I Series 2021 Additional Senior Secured Notes due 2031 | Senior Secured Notes due 2028 |
Tap/Issue Size: | U.S.$64 million (WNG) | U.S.$56 million |
Outstanding Amount: | ~U.S.$ 209 million | N/A |
Expected Issue Ratings*: | Caa3 / CCC+ | N/A |
Final Maturity: | August 1, 2031 (7.8y WAL) | November 1, 2028 (5y WAL) |
Coupon: | 8.50%, quarterly | 9.50%, quarterly |
Re-Offer Price: | 98.0% (plus accrued; see red) | 100.0% |
Collateral: | (i) Tariff Collateral, shared with 2017 and 2020 Notes under the same indenture; (ii) Subordinated security on Cargo Collateral; (iii) Series 2021 Offshore Reserve Account. Upon cancellation of 2017 and 2020 Notes, pari passu Tariff and Cargo flows (see red) | (i) Cargo Collateral (shared with commercial bank lenders); (ii) Offshore Reserve Account Collateral. Upon cancellation of 2017 and 2020 Notes, pari passu Tariff and Cargo flows (see red) |
Optional Redemption: | HY call schedule (see red) | HY call schedule (see red) |
Min. Denominations: | US$1,000 x US$1 | US$1 x US$1 |
Min. Subscription Amount: | US$150,000 | US$150,000 |
Form & Delivery: | Settlement in DTC | Settlement in Euroclear |
Use of Proceeds: | Capital expenditures and other working capital purposes (see red) | |
Expected Listing: | Buenos Aires Stock Exchange, MAE and Luxembourg Stock Exchange | |
Expected Settlement: | T+3 (November 4, 2021) | |
Sole Bookrunner: | Citi | |
Governing Law: | New York (Argentina for the Onshore Security Documents) | |
Expected Timing: | Today’s business (November 1, 2021), books to go subject 12pm NYT/4PM UKT |