Obbligazioni societarie NII Capital US67021BAD10 - US67021BAE92 - USL67466AA71 (1 Viewer)
- Creatore Discussione Discepolo
- Data di Inizio
cristian2008
Forumer attivo
Qualcuno ha le quotazioni di oggi?
NII Holdings Announces Restructuring Agreement
RESTON, Va., March 6, 2015 /PRNewswire/ -- NII Holdings, Inc. (OTCPK: NIHDQ) (the "Company"), on behalf of itself and certain of its wholly-owned subsidiaries that previously sought Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of New York (collectively, the "NII Debtors"), today announced that the NII Debtors have reached an agreement with the holders of greater than 70% in amount of the senior notes issued by each of NII Capital Corp. and NII International Telecom S.C.A. (the "Senior Notes"), and the official committee of unsecured creditors regarding the terms of a revised plan of reorganization to be implemented in the NII Debtors' Chapter 11 cases. The agreement is reflected in a Plan Support Agreement (the "Revised Plan Support Agreement") that replaces the Plan Support Agreement entered into on November 24, 2014, which was terminated following the Company's January 26, 2015 agreement to sell its operations in Mexico to a subsidiary of AT&T.
Under the terms of the Revised Plan Support Agreement, the Company will implement a consensual reorganization of the NII Debtors following the completion of the proposed sale of the Company's operations in Mexico. As described in more detail in the Revised Plan Support Agreement and related plan term sheet included in the Company's Form 8-K to be filed with the Securities and Exchange Commission, the reorganization plan will:
provide for the conversion of the Senior Notes into a combination of cash representing a portion of the net proceeds received from the sale of the Company's operations in Mexico and equity interests in the reorganized Company; and
implement a proposed settlement of certain estate claims and claims related to the purported release of certain guarantees of the Senior Notes issued by NII Capital that were scheduled to mature in 2016 and 2019.
The creditors that are parties to the Revised Plan Support Agreement have also agreed to provide $350 million in post-petition financing to fund the Company until it completes the sale of its operations in Mexico.
"Reaching this agreement is another significant step forward in our reorganization process," said Steve Shindler, NII Holdings' chief executive officer. "We are focused on strengthening our balance sheet and improving our capital structure and liquidity in order to allow us to emerge as a stronger, healthier company that is well positioned for growth and profitability."
The Plan Support Agreement requires the NII Debtors to file a revised plan of reorganization and disclosure statement that include the terms reflected in the Revised Plan Support Agreement and related term sheet and to solicit votes of creditors to approve the reorganization plan. The holders of Senior Notes that are parties to the Plan Support Agreement have agreed to vote in favor of the revised plan of reorganization.
The Company's operations in Mexico, Brazil and Argentina are not included in the pending bankruptcy proceedings and continue to operate in the ordinary course outside of Chapter 11.
RESTON, Va., March 6, 2015 /PRNewswire/ -- NII Holdings, Inc. (OTCPK: NIHDQ) (the "Company"), on behalf of itself and certain of its wholly-owned subsidiaries that previously sought Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of New York (collectively, the "NII Debtors"), today announced that the NII Debtors have reached an agreement with the holders of greater than 70% in amount of the senior notes issued by each of NII Capital Corp. and NII International Telecom S.C.A. (the "Senior Notes"), and the official committee of unsecured creditors regarding the terms of a revised plan of reorganization to be implemented in the NII Debtors' Chapter 11 cases. The agreement is reflected in a Plan Support Agreement (the "Revised Plan Support Agreement") that replaces the Plan Support Agreement entered into on November 24, 2014, which was terminated following the Company's January 26, 2015 agreement to sell its operations in Mexico to a subsidiary of AT&T.
Under the terms of the Revised Plan Support Agreement, the Company will implement a consensual reorganization of the NII Debtors following the completion of the proposed sale of the Company's operations in Mexico. As described in more detail in the Revised Plan Support Agreement and related plan term sheet included in the Company's Form 8-K to be filed with the Securities and Exchange Commission, the reorganization plan will:
provide for the conversion of the Senior Notes into a combination of cash representing a portion of the net proceeds received from the sale of the Company's operations in Mexico and equity interests in the reorganized Company; and
implement a proposed settlement of certain estate claims and claims related to the purported release of certain guarantees of the Senior Notes issued by NII Capital that were scheduled to mature in 2016 and 2019.
The creditors that are parties to the Revised Plan Support Agreement have also agreed to provide $350 million in post-petition financing to fund the Company until it completes the sale of its operations in Mexico.
"Reaching this agreement is another significant step forward in our reorganization process," said Steve Shindler, NII Holdings' chief executive officer. "We are focused on strengthening our balance sheet and improving our capital structure and liquidity in order to allow us to emerge as a stronger, healthier company that is well positioned for growth and profitability."
The Plan Support Agreement requires the NII Debtors to file a revised plan of reorganization and disclosure statement that include the terms reflected in the Revised Plan Support Agreement and related term sheet and to solicit votes of creditors to approve the reorganization plan. The holders of Senior Notes that are parties to the Plan Support Agreement have agreed to vote in favor of the revised plan of reorganization.
The Company's operations in Mexico, Brazil and Argentina are not included in the pending bankruptcy proceedings and continue to operate in the ordinary course outside of Chapter 11.
cristian2008
Forumer attivo
Vendute 14k Nii2021 a 29,00. Tropo presto ? Non avevo ancora letto questo.
070162
Bond..... solo BOND
vendute a 37,44...... con IW
non ce la facevo piu' a tenermi il cadavere.......
almeno mi prendo le minus......
comunque non c'era nessuno.... ne in bid ne in ask...
ho chiesto gentilmente di fare inquiry (per la verita' me lo ha proposto il funzionario dopo avermi riferito che il titolo risultava in default)... e si e' presentata una controparte.....
spero di non aver fatto una kazzata......
ps.... la 16 naturalmente....
non ce la facevo piu' a tenermi il cadavere.......
almeno mi prendo le minus......
comunque non c'era nessuno.... ne in bid ne in ask...
ho chiesto gentilmente di fare inquiry (per la verita' me lo ha proposto il funzionario dopo avermi riferito che il titolo risultava in default)... e si e' presentata una controparte.....
spero di non aver fatto una kazzata......
ps.... la 16 naturalmente....
Ultima modifica:
Ottimo prezzovendute a 37,44...... con IW
non ce la facevo piu' a tenermi il cadavere.......
almeno mi prendo le minus......
comunque non c'era nessuno.... ne in bid ne in ask...
ho chiesto gentilmente di fare inquiry (per la verita' me lo ha proposto il funzionario dopo avermi riferito che il titolo risultava in default)... e si e' presentata una controparte.....
spero di non aver fatto una kazzata......
ps.... la 16 naturalmente....
