Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa (4 lettori)

[Fabrib]

THL Credit, Inc. Announces Pricing of $30 million Stock Issuance and Issues Letter to Stockholders | Seeking Alpha

 

[Fabrib]

NuStar Energy L.P. Enters into a $750 Million Unsecured Term Loan Agreement with Oaktree to Bolster Financial Flexibility | Seeking Alpha

 

[Fabrib]

Washington Prime: Stress Testing For COVID-19 And Thoughts On Preferred Shares

 

[Fabrib]

Invesco Mortgage (NYSE:IVR) drops 23% after the mortgage REIT disclosed late Friday that several financing counterparties sold pledged securities with an aggregate market value of ~$1.9B between April 1, 2020 and April 14, 2020.
Estimates book value per diluted common share of $2.75-$3.75; that's down from $16.39 at Dec. 31, 2019.
IVR estimates it has received or has the right to receive ~$71M of net cash proceeds from the sales.
Continues talks with financing counterparties with regard to a return to daily margining; says it made significant progress with counterparties representing a significant majority of its remaining assets related to any default event and a return to daily posting of margin under terms acceptable to IVR and the financing counterparty.
IVR also said it reduced its repurchase agreement obligations to ~$1.4B and its secured loans to ~$1.35B as of April 15.
Has cash balance of $756M, $523M of which is restricted.
Has ~$196M due from counterparties for cash posted as collateral for repurchase agreements.

 

[angy2008]

THL Credit, Inc. Announces Pricing of $30 million Stock Issuance and Issues Letter to Stockholders | Seeking Alpha

mi sembra buona news , preso qualche TCRD a 3,02, vediamo se si avvicinano al NAV o il NAV scende ancora

 

[Fabrib]

Misteri della Fede: preferred di Amtrust che quotano più alte di un loro baby bond.

 

[Dandst]

Misteri della Fede: preferred di Amtrust che quotano più alte di un loro baby bond.

Non hanno tassazione diversa in usa?

 

[fabriziof]

PIMCO Corporate & Income Opportunity Fund - PTY - Closed-End Funds | PIMCO

Ieri preso un pochino

 

[wallner]

Invesco Mortgage (NYSE:IVR) drops 23% after the mortgage REIT disclosed late Friday that several financing counterparties sold pledged securities with an aggregate market value of ~$1.9B between April 1, 2020 and April 14, 2020.
Estimates book value per diluted common share of $2.75-$3.75; that's down from $16.39 at Dec. 31, 2019.
IVR estimates it has received or has the right to receive ~$71M of net cash proceeds from the sales.
Continues talks with financing counterparties with regard to a return to daily margining; says it made significant progress with counterparties representing a significant majority of its remaining assets related to any default event and a return to daily posting of margin under terms acceptable to IVR and the financing counterparty.
IVR also said it reduced its repurchase agreement obligations to ~$1.4B and its secured loans to ~$1.35B as of April 15.
Has cash balance of $756M, $523M of which is restricted.
Has ~$196M due from counterparties for cash posted as collateral for repurchase agreements.

Ciò significa che non ha ancora intenzione di chiedere l'attivazione della protezione dai creditori o comunque del Chapter 11.

 

[Peco]

Misteri della Fede: preferred di Amtrust che quotano più alte di un loro baby bond.

I baby bonds di AmTrust sono obbligazioni subordinate non cumulative, possono sospendere il pagamenti per 5 anni, i detentori dei titoli non hanno il diritto di accelerare la scadenza nel caso di mancato pagamento degli gli interessi. In questo caso la differenza tra le note sub e le preferred è minima, considera poi che un investitore US che possiede una obbligazione subordinata con una clausola di differimento ed è implementata, continuerà a pagare le tasse sul reddito che NON viene ricevuto. Tutto sarà corretto una volta che il pagamento viene ripreso. Se la società va in bancarotta deve presentare una richiesta di rimborso dell'imposta sul reddito pagata, ma non ricevuta.