Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2
- Creatore Discussione gionmorg
- Data di Inizio
Distressed
Nuovo forumer
Edenor successfully completed the cancellation and voluntary exchange of its financial debt for USD 98 million
Tue, October 25, 2022 at 4:00 PM·1 min read
Today, Edenor completed its cancellation and voluntary exchange of the Financial Debt of Class 9 Negotiable Obligation of 9.75% for a total of USD 98.05 millions.
BUENOS AIRES, Argentina , Oct. 25, 2022 /PRNewswire/ -- The operation included a debt exchange which was supported by 77,35% bondholders(USD 75.855.000), in two steps, by which new Senior Notes Class 1- NY Law were issued for the exchange for a total of USD 55.244.538, maturing in May 2025. They were listed on SVS pannel in BYMA as a social bond.
In addition, Senior Notes Class 2 were issued for USD 30.000.000 hard dollar under Argentine Law completed on September 22,2022, maturing in November 2024.
Thanks to the successful closing of this process, the company does not present any financial maturities for the next two years.
The importance of this exchange has been reflected by Moody´s affirming the Caa3 Corporate Family Rating, changing the outlook from negative to stable
Edenor thanks its investors for the support of in its authorities, management and its shareholders
About Edenor
EDENOR is the largest electricity distribution company in Argentina in terms of number of customers and electricity (20 percent of total consuption). Its is a private and Argentine company with an area of 4,637 sq.km. which includes 21 municipalities inhabited by 11 millions people.
Cision
View original content to download multimedia:Edenor successfully completed the cancellation and voluntary exchange of its financial debt for USD 98 million
SOURCE Edenor S.A.
Tue, October 25, 2022 at 4:00 PM·1 min read
Today, Edenor completed its cancellation and voluntary exchange of the Financial Debt of Class 9 Negotiable Obligation of 9.75% for a total of USD 98.05 millions.
BUENOS AIRES, Argentina , Oct. 25, 2022 /PRNewswire/ -- The operation included a debt exchange which was supported by 77,35% bondholders(USD 75.855.000), in two steps, by which new Senior Notes Class 1- NY Law were issued for the exchange for a total of USD 55.244.538, maturing in May 2025. They were listed on SVS pannel in BYMA as a social bond.
In addition, Senior Notes Class 2 were issued for USD 30.000.000 hard dollar under Argentine Law completed on September 22,2022, maturing in November 2024.
Thanks to the successful closing of this process, the company does not present any financial maturities for the next two years.
The importance of this exchange has been reflected by Moody´s affirming the Caa3 Corporate Family Rating, changing the outlook from negative to stable
Edenor thanks its investors for the support of in its authorities, management and its shareholders
About Edenor
EDENOR is the largest electricity distribution company in Argentina in terms of number of customers and electricity (20 percent of total consuption). Its is a private and Argentine company with an area of 4,637 sq.km. which includes 21 municipalities inhabited by 11 millions people.
Cision
View original content to download multimedia:Edenor successfully completed the cancellation and voluntary exchange of its financial debt for USD 98 million
SOURCE Edenor S.A.
cpandrea
Forumer storico
secondo me il 18/11 passerà il prolungamento
ho preso adesso la 26 a 30,10
Metalcorp Group: Voting without meeting does not constitute a quorum; invitation to 2nd noteholders’ meeting on 18.11.2022 in Frankfurt; presentation for bondholders tomorrow at 16:30
Luxembourg, 26 October 2022 – Metalcorp Group S.A. announces that despite an exceptionally high participation rate for a first voting of 28.6%, the voting without meeting regarding the 2017/2022 notes (ISIN: DE000A19MDV0) did not reach the required quorum of 50% of the outstanding bond volume as expected and therefore did not constitute a quorum. The company will therefore invite the noteholders to participate in a 2nd noteholders’ meeting, which will take place in the form of a personal meeting on 18 November 2022 at 12:00 in Frankfurt am Main. The invitation will be available for download from tomorrow afternoon on the company website www.metalcorpgroup.com under “Investor Area / Noteholder voting 2017/2022 Notes”. The publication of the invitation in the German Federal Gazette (Bundesanzeiger) will also take place on 27 October 2022.
Metalcorp Group is seeking a one-year extension to 2 October 2023 of the maturity of the originally up to EUR 140 million 2017/2022 notes, having a remaining principal amount of EUR 69.885 million, which matured on 2 October 2022. In addition, the coupon is to be increased from 7% p.a. to 8.5% p.a. and a joint representative of all bondholders is to be appointed. On 21 October 2022, SdK had submitted counter-motions to all agenda items, which were immediately made public on the company’s website www.metalcorpgroup.com under “Investor Area / Noteholder voting 2017/2022 Notes”. Metalcorp Group has welcomed the proposals in principle as a first step towards an agreement with the noteholders and looks forward to continued constructive discussions with the investors.
Carlos Leite, CEO of Metalcorp Group S.A.: “We would like to thank all noteholders who participated in the voting without meeting. For the 2nd noteholders’ meeting we need a quorum of 25% in order to be able to implement the planned measures in the interest of the investors. We therefore kindly ask all noteholders for active participation in this meeting as well.”
For the expenses incurred to the noteholders due to the participation in the 2nd noteholders’ meeting, Metalcorp Group will reimburse all participating noteholders an amount equal to 0.5% of the outstanding nominal value that the respective noteholder registers for the 2nd noteholders’ meeting, but not less than EUR 50.00 per deposit. Payment of the participation fee in excess of the minimum amount is subject to the effective conclusion of the prolongation of the notes. Noteholders can obtain the form for requesting the participation fee also from tomorrow afternoon on the company website www.metalcorpgroup.com under “Investor Area / Noteholder voting 2017/2022 Notes”.
To ensure an open and transparent dialogue, Metalcorp Group invites all noteholders to a conference call with accompanying online presentation, which will take place on Thursday, 27 October 2022 at 16:30. The company will also report on the continued positive operating performance in the 9-month period 2022. Accordingly, sales increased by 66% to EUR 717 million, while EBITDA grew by 26% to EUR 50 million compared with the prior-year period. For the full year 2022, Metalcorp Group expects significant sales and earnings growth compared to the previous year.
To access the presentation, please register via the following link https://broadcaster-audience.mediaplatform.com/#/event/6358fc2e10103e7e3fafb5ef or dial in to the conference call using the following details:
ho preso adesso la 26 a 30,10
Metalcorp Group: Voting without meeting does not constitute a quorum; invitation to 2nd noteholders’ meeting on 18.11.2022 in Frankfurt; presentation for bondholders tomorrow at 16:30
Luxembourg, 26 October 2022 – Metalcorp Group S.A. announces that despite an exceptionally high participation rate for a first voting of 28.6%, the voting without meeting regarding the 2017/2022 notes (ISIN: DE000A19MDV0) did not reach the required quorum of 50% of the outstanding bond volume as expected and therefore did not constitute a quorum. The company will therefore invite the noteholders to participate in a 2nd noteholders’ meeting, which will take place in the form of a personal meeting on 18 November 2022 at 12:00 in Frankfurt am Main. The invitation will be available for download from tomorrow afternoon on the company website www.metalcorpgroup.com under “Investor Area / Noteholder voting 2017/2022 Notes”. The publication of the invitation in the German Federal Gazette (Bundesanzeiger) will also take place on 27 October 2022.
Metalcorp Group is seeking a one-year extension to 2 October 2023 of the maturity of the originally up to EUR 140 million 2017/2022 notes, having a remaining principal amount of EUR 69.885 million, which matured on 2 October 2022. In addition, the coupon is to be increased from 7% p.a. to 8.5% p.a. and a joint representative of all bondholders is to be appointed. On 21 October 2022, SdK had submitted counter-motions to all agenda items, which were immediately made public on the company’s website www.metalcorpgroup.com under “Investor Area / Noteholder voting 2017/2022 Notes”. Metalcorp Group has welcomed the proposals in principle as a first step towards an agreement with the noteholders and looks forward to continued constructive discussions with the investors.
Carlos Leite, CEO of Metalcorp Group S.A.: “We would like to thank all noteholders who participated in the voting without meeting. For the 2nd noteholders’ meeting we need a quorum of 25% in order to be able to implement the planned measures in the interest of the investors. We therefore kindly ask all noteholders for active participation in this meeting as well.”
For the expenses incurred to the noteholders due to the participation in the 2nd noteholders’ meeting, Metalcorp Group will reimburse all participating noteholders an amount equal to 0.5% of the outstanding nominal value that the respective noteholder registers for the 2nd noteholders’ meeting, but not less than EUR 50.00 per deposit. Payment of the participation fee in excess of the minimum amount is subject to the effective conclusion of the prolongation of the notes. Noteholders can obtain the form for requesting the participation fee also from tomorrow afternoon on the company website www.metalcorpgroup.com under “Investor Area / Noteholder voting 2017/2022 Notes”.
To ensure an open and transparent dialogue, Metalcorp Group invites all noteholders to a conference call with accompanying online presentation, which will take place on Thursday, 27 October 2022 at 16:30. The company will also report on the continued positive operating performance in the 9-month period 2022. Accordingly, sales increased by 66% to EUR 717 million, while EBITDA grew by 26% to EUR 50 million compared with the prior-year period. For the full year 2022, Metalcorp Group expects significant sales and earnings growth compared to the previous year.
To access the presentation, please register via the following link https://broadcaster-audience.mediaplatform.com/#/event/6358fc2e10103e7e3fafb5ef or dial in to the conference call using the following details:
Fabrib
Forumer storico
Talen Energy Supply LLC received court permission Wednesday to begin soliciting creditor votes on a bankruptcy restructuring plan that would convert $1.4 billion in debt to equity and raise up to $1.9 billion through sale of new equity shares.
U.S. Bankruptcy Judge Marvin Isgur in Houston said he would approve the company's disclosure statement, which describes the reorganization plan, after revisions were made that will keep the door open for potential overbids from outside buyers. Creditors will then vote to approve the plan.
Talen's restructuring is supported by a group of its existing unsecured bondholders, including funds managed by Nuveen Asset Management LLC, Rubric Capital Management LP and Citadel. Those bondholders agreed to convert $1.4 billion in existing debt to new equity shares and agreed to backstop at least $1.55 billion of a planned $1.9 billion equity offering, according to the disclosure statement.
U.S. Bankruptcy Judge Marvin Isgur in Houston said he would approve the company's disclosure statement, which describes the reorganization plan, after revisions were made that will keep the door open for potential overbids from outside buyers. Creditors will then vote to approve the plan.
Talen's restructuring is supported by a group of its existing unsecured bondholders, including funds managed by Nuveen Asset Management LLC, Rubric Capital Management LP and Citadel. Those bondholders agreed to convert $1.4 billion in existing debt to new equity shares and agreed to backstop at least $1.55 billion of a planned $1.9 billion equity offering, according to the disclosure statement.
Scrambler
Forumer attivo
L'assistenza del mio servizio di trading online mi riferisce che il titolo non è più quotato alla borsa italiana (ce ne eravamo accorti !!!) e che può essere venduto tramite operatore al desk.
Ho chiesto di avere l'avviso di delisting ... se c'è
Ho anche scritto alla borsa italiana chiedendo informazioni sulla predetta sparizione ... vedremo se ci sarà riscontro.
L'assistenza del mio servizio di trading online mi conferma che non c'è stato alcun comunicato di delisting.
La borsa italiana od oggi non mi ha risposto.
Siamo al livello del Campo dei Miracoli
IL MARATONETA
Forumer storico
Ancora non ho ricevuto la cedola 4finance no0011128316 10,75% scaduta il 26 ottobre.
bia06
Listen other's viewpoint avoid conflicts & wars.
Credit Suisse Group (CS) reported its much awaited Q3 results with a massive CHF 4.03bn ($4.08bn) net loss as compared to a $434mn profit during the same period last year. This was also higher than its prior quarter where it posted a CHF 1.59bn ($1.61bn) loss. The bank reported net revenues of CHF 3.8bn ($3.85bn), down 30% YoY. Its Wealth Management unit's pre-tax income stood at CHF 78mn ($79mn), down 80% YoY due to reduced transaction revenues and lower volumes. The unit witnessed net asset outflows of CHF 6.4bn ($6.47bn) during the quarter mainly driven by "client deleveraging and proactive de-risking". Its Investment Banking unit posted a significant pre-tax loss of $640mn, down from a pre-tax profit of $662mn in 3Q 2021, mainly hit by a 90% drop in its capital markets revenues. The bank's CET1 ratio stood at 12.6%, down 220bp YoY and 90bp QoQ. The depletion in its capital ratio was due to the impact of the CHF 3.7bn ($3.75bn) impairment of deferred tax assets related to its strategic review, RWA inflation and the its pre-tax losses.
fabriziof
Forumer storico
Previsti parecchi licenziamenti,mi chiedo se sopravviverà la sede di Roma.
