Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa

  • Creatore Discussione Creatore Discussione Topgun1976
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Per chi ha Maiden Holdings North America, Ltd. 7.75% Notes due 2043 (MHNC): hanno sospeso il dividendo su settembre?
Buongiorno Edomeme, in mattinata ho potuto controllare il dossier di mia sorella su Saxo; ad oggi la cedola MHNC dovuta a settembre non è stata ancora accreditata. Ho scritto al consulente.
Ti ringrazio per aver segnalato.
 
Buongiorno Edomeme, in mattinata ho potuto controllare il dossier di mia sorella su Saxo; ad oggi la cedola MHNC dovuta a settembre non è stata ancora accreditata. Ho scritto al consulente.
Ti ringrazio per aver segnalato.
Buongiorno, qualche notizia (ho scritto anch'io ma non ho ricevuto risposta). Nota supplementare: a me BGsaxo ha addebitato per AmTrust Financial Services, 7.50% Subordinated Notes due 9/15/2055 ritenuta alla fonte 15%. i precedenti pagamenti viceversa erano stati regolari....
 
Buongiorno, qualche notizia (ho scritto anch'io ma non ho ricevuto risposta). Nota supplementare: a me BGsaxo ha addebitato per AmTrust Financial Services, 7.50% Subordinated Notes due 9/15/2055 ritenuta alla fonte 15%. i precedenti pagamenti viceversa erano stati regolari....
fanno come capita anch'io su un titolo ho tassazione variabile...
 
Buongiorno, qualche notizia (ho scritto anch'io ma non ho ricevuto risposta). Nota supplementare: a me BGsaxo ha addebitato per AmTrust Financial Services, 7.50% Subordinated Notes due 9/15/2055 ritenuta alla fonte 15%. i precedenti pagamenti viceversa erano stati regolari....
Stessa cosa a me sulla AFFS, inoltre sono andati a tassare alla fonte anche la distribuzione precedente. Ad oggi non hanno pagato l'ultima cedola di QVC 6,375%. Sono dei coglioni allo sbando. Spero che il consulente riesca a risolvere, mi dice di avere pazienza.
 
Ultima modifica:
Ieri BG-SAXO ha accreditato la cedola di HARROW HEALTH 8.625% (HROWL) con doppia tassazione, che già non è corretto essendo un senior note, ma oltretutto tassato al 30%+26%.
Mi è sfuggito qualcosa oltre l'incopetenza dei signori di BG-SAXO?
Ho già scritto per chiedere delucidazioni.
 
Nov 9, 2022
PEMBROKE, Bermuda--(BUSINESS WIRE)--Nov. 9, 2022-- Maiden Holdings, Ltd., a Bermuda-based holding company (NASDAQ:MHLD) (“Maiden” or the “Company”) announced today its intention to exchange all of the Company’s outstanding 8.25% Non-Cumulative Preference Shares Series A (the “Series A Preference Shares”), 7.125% Non-Cumulative Preference Shares Series C (the “Series C Preference Shares”) and 6.700% Non-Cumulative Preference Shares Series D (the “Series D Preference Shares” and, together with the Series A Preference Shares and the Series C Preference Shares, the “Preference Shares”) for shares of Maiden’s common shares, $0.01 par value per share (the “Common Shares”), subject to the terms of the certificate of designations for each of the Preference Shares, as amended (the “Exchange”). The Exchange requires that the terms of each of the Preference Shares be varied and any such variation will require the affirmative vote of holders of two-thirds of the issued shares of each series of the Preference Shares. Maiden Reinsurance Ltd. (“Maiden Reinsurance”), which currently owns more than 73% of each series of the Preference Shares, has indicated it will consent to the variations for each of the series of Preference Shares in order to effectuate the Exchange. The Company’s board of directors (the “Board”) established a special committee consisting solely of disinterested and independent directors (the “Special Committee”) for the purpose of evaluating and, if appropriate, negotiating and approving potential amendments to the certificates of designations for each series of Preference Shares in order to effectuate the Exchange. Advised by its own financial and legal advisors, the Special Committee unanimously approved an exchange ratio of three Common Shares per Preference Share of each series for record holders of the Preference Shares. The Board has also approved the amendments to the certificates of designations for each series of Preference Shares, and the Exchange. Under the proposed terms of the Exchange, holders of Preference Shares at the time of the Exchange will receive Common Shares having a fair value that meets the “Minimum Price” as determined in accordance with the rules of NASDAQ and as will be described in an information statement that Maiden will file with the Securities and Exchange Commission (the “SEC”) and will distribute to preference shareholders (the “Information Statement”). Specifically, holders of Preference Shares of each series will receive, for each Preference Share held, three Common Shares, with the value of each Preference Share so exchanged being equal to three times the price that is the lower of: (i) the closing price of the Common Shares (as reflected on Nasdaq.com) immediately preceding the date of the Exchange; and (ii) the average closing price of the Common Shares (as reflected on Nasdaq.com) for the five trading days immediately preceding the date of the Exchange. As a result of the Exchange, the Preference Shares will no longer trade on the New York Stock Exchange, and no Preference Shares will be issued or outstanding. All rights of the former holders related to ownership of the Preference Shares will terminate.
Upon completion of the Exchange, it is expected that Maiden Reinsurance will own approximately 29% of the Common Shares as of the date of the Exchange as described above, which Common Shares will be eliminated for accounting and financial reporting purposes on the Company’s consolidated financial statements. Maiden Reinsurance’s voting power with respect to its Common Shares will be capped at 9.5% under the terms of the bye-laws of the Company.
The Exchange and the ownership of the Common Shares by Maiden Reinsurance is being made in compliance with Maiden Reinsurance’s investment policy which has been approved by the Vermont Department of Financial Regulation.
As a result of the Exchange, Maiden estimates that its book value per Common Share will increase by approximately $0.82 per Common Share, subject to the determination of the final value of the Preference Shares and the exchange price of the Common Shares. Maiden expects to complete the transaction on or before December 31, 2022 and will notify holders of the exchange date when determined.
Odeon Capital Group, LLC acted as financial advisor to the Company. Houlihan Lokey acted as financial advisor to the Special Committee.
Pursuant to Rule 14c-2(a)(1) under the Securities Exchange Act of 1934, as amended, Maiden will file with the SEC the Information Statement on Schedule 14C, which will contain additional information with respect to the Exchange. When available, the Schedule 14C, including any exhibits and any amendments and supplements thereto, may be examined, and copies may be obtained, at the SEC’s website at www.sec.gov.
 

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