fabriziof
Forumer storico
Ahi ahi ,cominciano
Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 2 (3 lettori)
- Creatore Discussione gionmorg
- Data di Inizio
fabriziof
Forumer storico
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Ora quota sui 13
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fabriziof
Forumer storico
Quindi a quanto capisco 1 agosto cedola poi il 6 agosto rimborso di un quarto del bond circa con rateo sei giorni, da effettuarsi pro rata,quindi ci rimborsano un quarto di quanto abbiamo
fedro10
è la somma che fa il totale...
anch'io la capisco così , guardiamo il lato positivo non c'è lo fumiamo tutto subito
As previously disclosed, on June 14, 2017 (the “Petition Date”), GenOn Energy, Inc. (“GenOn”) and certain of its directly and indirectly-owned subsidiaries (collectively, the “ Debtors ”) filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the “ Bankruptcy Court ”).
On December 12, 2017, the Bankruptcy Court entered the Order Confirming the Third Amended Joint Chapter 11 Plan of Reorganization of GenOn Energy, Inc. and its Debtor Affiliates (the “ Confirmation Order ”), which approved and confirmed the Debtors’ Third Amended Joint Chapter 11 Plan of Reorganization (the “ Plan ”).
On July 13, 2018, the Bankruptcy Court also entered the Order (A) Authorizing Interim Distributions on Account of Certain Allowed Unsecured Claims Under the Plan and Confirmation Order, (B) Establishing Related Claim Estimates, and (C) Granting Related Relief (the “ Order ”), which enables the Debtors to make certain interim distributions of up to $630.0 million on account of allowed GenOn Notes Claims and General Unsecured Claims (each as defined in the Plan) prior to the effective date of the Plan.
Pursuant to the Confirmation Order and the Order, the Debtors have elected to make a payment in respect of the GenOn Notes Claims, the material terms and consequences of which are set forth below:
1. Partial Payment Amount: $600.0 million
(a) GenOn 7.875% Senior Notes due 2017 (the “GenOn 7.875% Notes”) (CUSIP 74971XAC1): $229,865,164.49 ($332.546565 per $1,000 of principal amount);
(b) GenOn 9.50% Senior Notes due 2018 (the “GenOn 9.50% Notes”) (CUSIP 37244DAA7 and 37244DAC3): $211,081,917.97 ($324.998411 per $1,000 of principal amount); and
(c) GenOn 9.875% Senior Notes due 2020 (together with the GenOn 7.875% Notes and the GenOn 9.50% Notes, the “ GenOn Notes ”) (CUSIP 37244DAF6): $159,052,917.54 ($325.195088 per $1,000 of principal amount).
2. Record Date: July 17, 2018
3. Trustee Payment Date: July 18, 2018
4. Pro Forma GenOn Notes Claim Amount: $1,274,906,601.40
This payment will have no effect on the principal balance of the underlying GenOn Notes. Any additional payments on account of the GenOn Notes Claims on or before the Effective Date shall be in accordance with the Plan and the Order. The Debtors will send a Notice of Partial Payment of GenOn Notes (the “ Notice ”) to the trustee for the indenture governing the GenOn Notes, the Depository Trust Company, the Financial Industry Regulatory Authority and other parties in interest .
Pusuant to the Order, the Bankruptcy Court also approved certain modifications to the NRG Settlement (as defined in the Plan) to enable consummation of the settlement. On July 16, 2018, GenOn and NRG consummated the NRG Settlement, including NRG Energy Inc.’s (“ NRG ”) payment of $114.6 million of net proceeds to GenOn, subject to post-closing adjustments , with an additional $10.0 million of proceeds expected once GenOn causes a $10.0 million letter of credit to be issued for NRG’s benefit.
The foregoing description of the Order and the Notice does not purport to be complete and is qualified in its entirety by reference to the complete text of the Order and the Notice, which are attached hereto as Exhibit 99.1 and 99.2 and incorporated herein by reference.
Io la vedo come un pagamento parziale di qualche causa, o simile, mi aiutate a capire?
hernan1
Forumer attivo
Vendute tempo fà....