Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa

[nuvola nera]

A seguito dell'acquisizione di Arlington Asset Investment da parte di Ellington Financial uno dei Baby Bond che avevo in portafoglio mi appare in portafoglio con la dicitura : delistata , e questo da oramai più di un mese , non vedo ancora però l'accredito . Qualcuno è in situazione analoga ? Una idea dei tempi del rimborso ? grazie in anticipo

 

[Fabrib]

A seguito dell'acquisizione di Arlington Asset Investment da parte di Ellington Financial uno dei Baby Bond che avevo in portafoglio mi appare in portafoglio con la dicitura : delistata , e questo da oramai più di un mese , non vedo ancora però l'accredito . Qualcuno è in situazione analoga ? Una idea dei tempi del rimborso ? grazie in anticipo

Tutti e due i BB di Arlington sono stati delistati (non quotano più in borsa); verranno rimborsati alla scadenza naturale. AIC nel marzo 2025 e l'altro nel 2026. Nel frattempo la cedola trimestrale verrà accreditata alle scadenze previste.

Dec. 13, 2023 8:36 AM ET
Ellington Financial Inc. (EFC) Stock, AAIC StockBy: Manshi Mamtora, CFA21 Comments
In connection with the anticipated merger transaction with Ellington Financial (NYSE:EFC), Arlington Asset Investment (NYSE:AAIC) to voluntarily delist from the NYSE Arlington's 6.75% senior notes due 2025 and 6.000% senior notes due 2026.

 

[Dandst]

Un estratto di un intervista al CEO della zuppa di pollo

Crackle Parent Chicken Soup For The Soul Entertainment Misses Wall Street Q2 Estimates, But Revenue Spikes 64% On Ad, Licensing Gains

Chicken Soup for the Soul Entertainment, parent of ad-supported streaming services like Crackle, reported disappointing second-quarter results but showed sharp gains in advertising and licensing revenue. Total revenue came in at $22.1 million, up 64% from $13.5 million in the year-ago quarter...

www.aol.com

 

[Fabrib]

KANSAS CITY, Mo., February 26, 2024--(BUSINESS WIRE)--CorEnergy Infrastructure Trust, Inc. (OTC Pink: CORR, CORRL) ("CorEnergy" or the "Company") today announced that it has reached an agreement with certain of its noteholders on a comprehensive financial restructuring that will reduce debt and restructure its balance sheet. The Ad Hoc Group of Noteholders, whose members hold approximately 90% of CorEnergy’s 5.875% Unsecured Convertible Senior Notes due 2025 (the "Senior Notes"), has entered into a Restructuring Support Agreement (the "RSA") with the Company.
"Restructuring our debt will help to right-size our capital structure for the smaller scale of the enterprise following the MoGas and Omega sale, building on our efforts to increase liquidity through a combination of asset sales and tariff increases," said Dave Schulte, Chairman and Chief Executive Officer of CorEnergy.
Schulte continued, "As we move through the reorganization process, we intend to continue to meet all obligations to our valued customers, employees, vendors and partners, and we expect Crimson Pipeline will also continue to operate normally. Our case for rate relief before the California Public Utilities Commission must be resolved favorably to ensure the future viability of the Crimson Pipeline assets, which continue to provide a critical service to shippers in that state."
To implement the RSA, CorEnergy has filed a voluntary chapter 11 proceeding in the U.S. Bankruptcy Court for the Western District of Missouri. Neither Crimson Pipeline, in which CorEnergy holds a noncontrolling joint interest, nor any other CorEnergy subsidiary has filed for bankruptcy. Both the Company and Crimson Pipeline expect to have sufficient liquidity to continue operating without interruption during and after CorEnergy’s restructuring process.
The case is being filed on a prearranged basis to allow for rapid implementation of the RSA, with the RSA parties already having agreed to support the Company’s Plan of Reorganization. The proceeding is intended to facilitate a restructuring of the Company’s capital structure only, with no plans for trade impairment or other contract rejections. Consistent with the terms of the RSA, the Plan provides for the treatment for each creditor class as follows:

• Senior Notes: The Senior Notes will be exchanged for cash, $45 million in new secured debt with a five-year term and a 12.0% coupon and approximately 89% of the equity in a reorganized CorEnergy, subject to dilution from the management incentive plan and adjustment based on final cash available upon emergence.
• General unsecured claims (including trade claims): Paid in full in cash.
• Existing preferred equity: Holders of CorEnergy’s existing preferred equity and securities that are convertible into preferred equity will receive the remaining approximately 11% of the equity of the reorganized CorEnergy, also subject to dilution from the management incentive plan and adjustment based on final cash available upon emergence.
• Common stock: All outstanding common stock will be cancelled.

The Company aims to complete this restructuring process and emerge from bankruptcy in the second quarter of 2024 as a real estate investment trust. The RSA parties share a common commitment to strong corporate governance and robust disclosure that will facilitate the reorganized company’s plan to pursue trading on the OTC following emergence, providing enhanced liquidity to owners while reducing overhead expenses to a level commensurate with the reorganized company’s smaller size.

 

[Fabrib]

ASHFORD HOSPITALITY TRUST PROVIDES UPDATE ON PLAN TO PAY OFF STRATEGIC FINANCING

/PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today provided an update on its previously announced plan to pay...

www.prnewswire.com

 

[Fabrib]

 

[Fabrib]

Entrata in vigore negli USA l'ora legale, da domani apertura borse alle 14.30 italiane.

 

[Fabrib]

 

[Fabrib]

B. Riley Fails to File Audited Results as Grace Period Ends

(Bloomberg) -- B. Riley Financial Inc., the boutique investment bank under attack from short sellers about its dealings with a former business partner, failed to file its audited results after an extension period ended. Most Read from BloombergUS Probing Indian Billionaire Gautam Adani and His...

finance.yahoo.com

 

[Fabrib]

A seguito dell'acquisizione di Arlington Asset Investment da parte di Ellington Financial uno dei Baby Bond che avevo in portafoglio mi appare in portafoglio con la dicitura : delistata , e questo da oramai più di un mese , non vedo ancora però l'accredito . Qualcuno è in situazione analoga ? Una idea dei tempi del rimborso ? grazie in anticipo

Tutti e due i BB di Arlington sono stati delistati (non quotano più in borsa); verranno rimborsati alla scadenza naturale. AIC nel marzo 2025 e l'altro nel 2026. Nel frattempo la cedola trimestrale verrà accreditata alle scadenze previste.

Dec. 13, 2023 8:36 AM ET
Ellington Financial Inc. (EFC) Stock, AAIC StockBy: Manshi Mamtora, CFA21 Comments
In connection with the anticipated merger transaction with Ellington Financial (NYSE:EFC), Arlington Asset Investment (NYSE:AAIC) to voluntarily delist from the NYSE Arlington's 6.75% senior notes due 2025 and 6.000% senior notes due 2026.

Directa ha accreditato la cedola trimestrale del baby bond AIC.