Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa

  • Creatore Discussione Creatore Discussione Topgun1976
  • Data di Inizio Data di Inizio
Come vedete la situazione delle 2 pref di Deutsche bank alla luce di Piano proposto ? Sono entrambe in post call e il fatto che ora siano entrambe sotto 25 potrebbe preludere a un richiamo ?( personalmente ci credo poco ) .... O semplice fuga da nave che affonda ?
 
Come vedete la situazione delle 2 pref di Deutsche bank alla luce di Piano proposto ? Sono entrambe in post call e il fatto che ora siano entrambe sotto 25 potrebbe preludere a un richiamo ?( personalmente ci credo poco ) .... O semplice fuga da nave che affonda ?
Tra le ipotesi, in questo momento prematura, anche skip cedola.
 
Fatto un primo ingresso sulla DKT.

Uno skip cedola può accadere ma chissà come reagirebbe il mercato :confused:
 
Ultima modifica:
NEW YORK, JULY 05, 2019: S&P Dow Jones Indices today announced the April rebalancing results for the S&P U.S. Preferred Stock Index. The changes will be effective prior to the open of trading on July 22, 2019. The S&P U.S. Preferred Stock Index is designed to serve the investment community’s need for an investable benchmark representing the U.S. preferred stock market. Preferred stocks are a class of capital stock that pays dividends at a specified rate and has a preference over common stock in the payment of dividends and the liquidation of assets. The index includes all preferred stocks issued by corporations and trading on major U.S. exchanges, subject to criteria relating to minimum size, liquidity and time to maturity. S&P U.S. Preferred Stock Index Effective prior to the open of trading on July 22, 2019.

https://us.spindices.com/documents/...puspreferred-20190705.pdf?force_download=true
 
CHARLOTTE–(BUSINESS WIRE)– Bank of America Corporation announced today that it will redeem all outstanding shares of its 6.625% Non-Cumulative Preferred Stock, Series W (the Series W Preferred Stock), and the corresponding depositary shares representing fractional interests in the Series W Preferred Stock (the Series W Depositary Shares) on September 9, 2019.
All 44,000,000 Series W Depositary Shares (NYSE: BAC PrW) (CUSIP No. 060505344), each representing a 1/1,000th interest in one share of the Series W Preferred Stock, will be redeemed on the dividend payment date on September 9, 2019 simultaneously with the redemption of the Series W Preferred Stock at a redemption price of $25 per depositary share.
 
Fannie Mae (OTCQB:FNMA) slumps 9.9% and Freddie Mac (OTCQB:FMCC) falls 9.6% as Odeon strategist Dick Bove notes the GSEs' common equity "will be massively diluted" and there's no model in place "that suggests that this dilution can be overcome," he told Bloomberg in an email.
"The primary mortgages industry is in deep disarray and this must be fixed before the secondary market becomes a reasonable investment,” he wrote.
Height Capital Markets initiates Fannie and Freddie common equity at sell, junior preferreds at buy.
In the past six months Freddie has risen 66% and Fannie shares have jumped 72% as investors expect some progress on restructuring and ending government conservatorship status; compares with financial sector median performance of +4.9%.

Fannie, Freddie overhaul could mean windfall for preferred stock, analyst says
...As part of the 2008 conservatorship arrangement, Treasury owns about 80% of the preferred shares of Fannie and Freddie. Groshans wrote that he expects Treasury “to deem its senior preferred shares to be repaid.”
After that, he said, he expects Freddie to raise $52 billion of new common stock shares, and projects that holders of junior preferred shares will be converted into common shares at a value that is equal to 75% of par or more, increasing the value of those junior preferred shares over 45%. Similarly, he expects Fannie to raise $87 billion of new common stock, with a junior preferred-common conversion like Freddie’s, helping them gain over 40%....
 
Ultima modifica:

Users who are viewing this thread

Back
Alto