Obbligazioni societarie La saga della famiglia Espírito Santo: cosa succederà alle obbligazioni BES ed ESFG?

a prima vista sembra che abbiano risolto la questione di Banif

Portugal Sells Banif to Santander, Plans Aid for Bank Resolution - Bloomberg Business

The Funchal, Madeira-based lender is being sold in the context of a resolution, the Bank of Portugal said in an e-mailed statement on Sunday night. The country’s Resolution Fund will provide 489 million euros of the aid, and 1.77 billion euros will come directly from the state. Banif’s clients will be transferred to Santander and the lender’s branches will become the Spanish bank’s branches. Deposits and senior bonds will be totally protected.

:ciao:
 
The Portuguese state agreed on Sunday to sell troubled bank Banif (BANIF.LS) to the local unit of Spain's Santander (SAN.MC) for 150 million euros in a deal that involves heavy costs for the state and the country's banks worth over 2.2 billion euros ($2.4 billion).
This is the second time in as many years that Portugal, which itself only emerged from an international bailout last year, has had to rescue a lender. In August 2014, it had to inject 4.9 billion euros to save the country's second-largest bank Banco Espirito Santo, now known as Novo Banco.
Although Banif is a much smaller bank, the hole to be plugged by the state is significant and the final deal more complex and costly than an initially-expected sale of the state's controlling stake in the bank.
Prime Minister Antonio Costa, whose Socialist government took over earlier this month, said in a late-night televised statement that the costs of the resolution are "very high for taxpayers", but this was the only legally possible solution to safeguard depositors and financial stability.
The Bank of Portugal said that the deal agreed with Santander Totta, Portuguese and European authorities involved an injection of 2.255 billion euros "to cover future contingencies" and would also protect senior debt of Banif.
Portugal's Bank Resolution Fund, to which all financial institutions working in Portugal have to contribute, will provide 489 million euros, while the remaining 1.766 billion euros would come directly from state coffers.
Santander Totta will take over all of Banif's operations, except problematic assets to be transferred to a special vehicle. Banif, which is to be wound down, will retain shareholdings and subordinated debt.
Although calling the solution "painful", Costa said it had "the advantage of being a definitive solution to the problem, ridding the state from future losses", expecting some costs to be recovered further down the road.
The small Madeira-based bank has a market capitalization of 91 million euros ($98 million) and had deposits of 6 billion euros at the end of September.
On Thursday, Portugal's securities market regulator CMVM suspended trading in Banif shares, which had jumped sharply in the last few days, rebounding from huge losses earlier.
Banif has been unable to pay back over 700 million euros in loans injected by the government during Portugal's debt crisis. The state took a 60.5 percent stake in Banif in exchange for the loans. Six financial institutions, including Santander, had been vying to buy the state's stake.
The government sought to sell it to avoid a potential bail-in under new European rules that come into effect on Jan. 1 and which would impose losses on holders of debt as well as deposits over 100,000 euros.
(Reporting By Andrei Khalip)
 
Punto positivo: anche in questo caso i senior sono stati salvati.

Ma non potevano agire anche con Novo Banco con la stessa velocità?!

Ora dubito Santander prenda anche NB.
 
E se si defilasse anche Fosun?

Fosun: cancella offerta per BHF Kleinwort Benson

HONG KONG (MF-DJ)--Fosun International ha deciso di cancellare la sua offerta d'acquisizione per la banca d'affari BHF Kleinwort Benson Group.

Billion Eastgate, veicolo controllato al 100% dal gruppo cinese, ha inviato alle autorità belghe di vigilanza del mercato un avviso per informare della decisione di cancellare l'offerta da 5,1 euro per azione presentata per l'istituto belga.

La cancellazione, arrivata a una settimana dalla misteriosa scomparsa del presidente e fondatore di Fosun, Guo Guangchang, segue di un mese la presentazione da parte della boutique di investimenti francese Oddo & Cie di un'offerta superiore del 13% rispetto a quella dei cinesi.
 
E se si defilasse anche Fosun?

Fosun: cancella offerta per BHF Kleinwort Benson

HONG KONG (MF-DJ)--Fosun International ha deciso di cancellare la sua offerta d'acquisizione per la banca d'affari BHF Kleinwort Benson Group.

Billion Eastgate, veicolo controllato al 100% dal gruppo cinese, ha inviato alle autorità belghe di vigilanza del mercato un avviso per informare della decisione di cancellare l'offerta da 5,1 euro per azione presentata per l'istituto belga.

La cancellazione, arrivata a una settimana dalla misteriosa scomparsa del presidente e fondatore di Fosun, Guo Guangchang, segue di un mese la presentazione da parte della boutique di investimenti francese Oddo & Cie di un'offerta superiore del 13% rispetto a quella dei cinesi.

Per me Fosun è già fuori ... da tempo.
Hanno altri problemi.

Tengo un cero acceso per la "Caixa" ... anche se sarà un bel groppone da digerire ... con tutti i titoli in portafoglio al Novo BES.
 

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