Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2 (11 lettori)

skarlatti

Forumer storico
Arrivato exchange offer della Eletson su IB. Io penso d' andare avanti col exchange... Cosa vi pare a voi?:

Eletson Holdings, Inc. has offered to exchange its outstanding 9.625% First Preferred Ship
Mortgage Notes due 2022 for New First Preferred Ship Mortgage Notes due 2022.

Terms of the offer are as follows:

Option 1 - Take no action
Option 2 - Tender notes for exchange (AI): 970.00 P.A of New First Preferred Ship Mortgage Notes due 2022 + 30 P.A. Early Tender Premium + Accrued Interest* paid in the form of New Notes per 1,000 PA tendered and accepted
Option 3 - Tender notes for exchange (Non-US): 970.00 P.A of New First Preferred Ship Mortgage Notes due 2022 + 30 P.A. Early Tender Premium + Accrued Interest* paid in the form of New Notes per 1,000 PA tendered and accepted

*Accrued interest will be calculated on the basis of an increased interest rate of 12.00% per annum instead of 9.625% per annum.

The Early Tender Premium will only be payable to holders who validly tender their notes prior to the Early Tender Deadline, unless extended.

Minimum Tender Requirement: 2,000 P.A. and in multiples of 1,000 thereafter, holders must tender all of their notes. Partial tenders will not be permitted. The new notes will be issued in minimum denominations of 1.00 P.A. and in multiples of 1.00 P.A.

Guaranteed Delivery: No
Last day to purchase and be eligible to tender: 2018-06-07

The Early Tender Deadline to tender notes to the offer will be 2018-06-11 @ 13:00 (America/New York).
The Final Deadline to tender notes to the offer will be 2018-06-25 @ 13:00 (America/New_York)

anch'io vorrei accettare, se IW si sbrigasse a mandarmi i moduli x l'offerta li ho anche appena sentiti mi hanno detto a breve me li mandano :(
 

gionmorg

low cost high value
Membro dello Staff
Kindred Healthcare to Be Acquired by TPG Capital, Welsh, Carson, Anderson & Stowe and Humana Inc. for $9.00 Per Share in Cash | Kindred Healthcare Inc.

Vedi l'allegato 457299

Change of Control, Asset Sales
The occurrence of certain changes of control will require us to offer to purchase from you all or a portion of your New Notes at a price equal to 101% of their principal amount, together with accrued and unpaid interest, if any, to the date of purchase.

See “Description of the Notes—
Repurchase at the Option of Holders—Change of Control.”
Certain asset dispositions may require us, under certain circumstances, to use the proceeds from those asset dispositions to make an offer to purchase the New Notes at 100% of their principal amount, together with accrued and unpaid interest, if any, to the date of purchase. See “Description of the Notes—Repurchase at the Option of Holders

Da prospetto in caso di change of control sembrerebbe callabile a 101, ma considerando che il 15/01/2018 è callabile a 106.56, presumo che si vada verso questo scenario...
anche gli altri bond, che non seguo, sono schizzati.

Un altro angelo che se ne vola in cielo.
la calla era scontata da tempo.
Il prezzo della call dovrebbe essere sui 108, vado a memoria.
 
[QUOTE = "salice02, post: 1045490354, member: 37830"] I accept too .... After all, what else can you do .... [/ QUOTE]

partecipare prima della prima scadenza è sicuramente la cosa migliore da fare qui. ottimo affare per gli obbligazionisti. non pensare che questa sia la fine della storia. questa azienda ha bisogno di ristrutturare
 

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