fabriziof
Forumer storico
senno di poi su ukraina si poteva fare tanto.
peccato aver snobbato i tds
Già
Titoli di Stato paesi-emergenti Obbligazioni UCRAINA
- Creatore Discussione Gaudente
- Data di Inizio
Già
qquebec
Super Moderator
In questo campo (minato) di occasioni non ce ne sono più. A meno che per "occasione" tu non intenda un rendimento a doppia cifra (13-14%) certo per 2-3 anni, in attesa di una seconda ristrutturazione
. Non credo che Ucraina riesca a risollevarsi tanto in fretta nemmeno con questo haircut (poco incisivo e dispensando la Russia). Ma tant'è, più in là di tanto forse non si poteva andare. C'è di buono che ci son dentro fondi grossi che dettano legge e più di tanto gli avvoltoi (FMI) non possono svolazzare per non interferire troppo con i progetti geopolitici sul Paese. Complessivamente e a lungo termine, però, secondo me, con Ucraina si possono spuntare buoni rendimenti.
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qquebec
Super Moderator
The 49-year-old Ukrainian leader, elected last year after becoming a billionaire in the chocolate business, was racing to reach a comprehensive accord with creditors before a $500 million bond comes due next month. Ukraine will temporarily suspend payments on that bond and a 600 million-euro ($677 million) note due in October, the Finance Ministry said in today’s statement. The country has a further $4 billion of payments scheduled by year’s end.
A final agreement requires the approval of 75 percent of bondholders of each note at a meeting in which at least two-thirds of them are represented. Ukraine’s debt contains cross-default clauses that mean missing a payment on one results in default on all. The government earlier threatened to declare a debt moratorium to push negotiations along.
Franklin Templeton, which owns about $7 billion of Ukrainian bonds, were joined in the talks by fellow creditors BTG Pactual Europe LLP, TCW Investment Management Co. and T. Rowe Price Associates Inc.
A final agreement requires the approval of 75 percent of bondholders of each note at a meeting in which at least two-thirds of them are represented. Ukraine’s debt contains cross-default clauses that mean missing a payment on one results in default on all. The government earlier threatened to declare a debt moratorium to push negotiations along.
Franklin Templeton, which owns about $7 billion of Ukrainian bonds, were joined in the talks by fellow creditors BTG Pactual Europe LLP, TCW Investment Management Co. and T. Rowe Price Associates Inc.
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qquebec
Super Moderator
Le previsioni di Goldman Sachs
While the terms of the debt restructuring will likely satisfy the IMF's criteria, in our view, the question of the sustainability of Ukraine's debt remains open. As we have argued previously, this will likely hinge on the willingness and ability of the Ukrainian authorities to follow through on structural and governance reforms and on developments in the conflict in Eastern Ukraine. Relative to the IMF's forecasts, our macroeconomic outlook for Ukraine is considerably weaker in the medium term, with trend growth of around 2% during the structural adjustment and the Hryvnia weakening in our projections to UAH 30 vs. the USD. In our view, under this scenario, questions of debt sustainability may well resurface in the coming years. Uncertainty about the outlook as well as the geopolitical conflict, in our view, is an additional reason why we argue for a higher exit yield of 14% than consensus market expectations (which we estimate stand at around 12%).
While the terms of the debt restructuring will likely satisfy the IMF's criteria, in our view, the question of the sustainability of Ukraine's debt remains open. As we have argued previously, this will likely hinge on the willingness and ability of the Ukrainian authorities to follow through on structural and governance reforms and on developments in the conflict in Eastern Ukraine. Relative to the IMF's forecasts, our macroeconomic outlook for Ukraine is considerably weaker in the medium term, with trend growth of around 2% during the structural adjustment and the Hryvnia weakening in our projections to UAH 30 vs. the USD. In our view, under this scenario, questions of debt sustainability may well resurface in the coming years. Uncertainty about the outlook as well as the geopolitical conflict, in our view, is an additional reason why we argue for a higher exit yield of 14% than consensus market expectations (which we estimate stand at around 12%).
capt.harlock
MENA IL CAMMELLO FAN CLUB
Mi sa che su privatbank mi avete lasciato da solo XS0543744535
cmq è stata fatta una nuova proposta sulla senior
FE Investegate |PJSC CB "PrivatBank" Announcements | PJSC CB "PrivatBank": Launch Announcement
in 3 righe chiedono di allungare scadenza a 15 gennaio 2016 aumentano cedola e pagano 2 di consent fee.
Se riescono ad accordarsi con il bond sub 2016 , la senior aumenta scadenza da 2016 a 2018 ammortizzando.
Se non riescono ad accordarsi rimborsano 100 i 15 gennaio 2016 (almeno cosi dicono)
personalmente io resto investito e voto Si a offerta in questo caso
ti faccio compagnia con il t2
rientrato venerdi' a 63
qquebec
Super Moderator
Oligarca kolomoiskj fuggito negli usa con tranche del fmi stanziata per l'ucraina
OLIGARCA KOLOMOISKJ FUGGITO NEGLI USA CON TRANCHE DEL FMI STANZIATA PER L'UCRAINA
I fondi hanno già recuperato il 20% di haircut
OLIGARCA KOLOMOISKJ FUGGITO NEGLI USA CON TRANCHE DEL FMI STANZIATA PER L'UCRAINA
I fondi hanno già recuperato il 20% di haircut
bosmeld
Forumer storico
Mi sa che su privatbank mi avete lasciato da solo XS0543744535
cmq è stata fatta una nuova proposta sulla senior
FE Investegate |PJSC CB "PrivatBank" Announcements | PJSC CB "PrivatBank": Launch Announcement
in 3 righe chiedono di allungare scadenza a 15 gennaio 2016 aumentano cedola e pagano 2 di consent fee.
Se riescono ad accordarsi con il bond sub 2016 , la senior aumenta scadenza da 2016 a 2018 ammortizzando.
Se non riescono ad accordarsi rimborsano 100 i 15 gennaio 2016 (almeno cosi dicono)
personalmente io resto investito e voto Si a offerta in questo caso
mi autoquoto per dire che oggi sono usciti i risultati delle votazioni e ha vinto il si in maniera plebiscitaria (anche io ho votato a favore)
il 16 settembre dovrebbe arrivare la fee di 2 usd ogni 100 a chi ha votato.
Un altro passo nella giusta direzione e' stato fatto.
Ora si aspetta offerta su bond subordinato 2016 che a mio avviso verra' fatta tra settembre e ottobre.
Resto investito su bond Privatbank XS0543744535
UK SPV CREDIT FIN. 10/15 - Anleihe - WKN A1A1H8, ISIN XS0543744535 - ARIVA.DE
Fabrib
Forumer storico
Ukraine parliament backs debt pact
Ukraine's parliament has approved a pact negotiated by the government to restructure $18B of its foreign debt, chasing away concerns that a lawmaker revolt would jeopardize the flow of bailout funds.The debt accord envisages a 20% writedown of the face value of bonds, higher average coupons and warrants tied to a recovery in Ukraine's shrinking economy.
Ukraine's parliament has approved a pact negotiated by the government to restructure $18B of its foreign debt, chasing away concerns that a lawmaker revolt would jeopardize the flow of bailout funds.The debt accord envisages a 20% writedown of the face value of bonds, higher average coupons and warrants tied to a recovery in Ukraine's shrinking economy.
bosmeld
Forumer storico
regolarmente arrivata altro giorno consent fee per Privatbank da 2 usd
UK SPV CREDIT FIN. 10/15 - Anleihe - WKN A1A1H8, ISIN XS0543744535 - ARIVA.DE
UK SPV CREDIT FIN. 10/15 - Anleihe - WKN A1A1H8, ISIN XS0543744535 - ARIVA.DE
Sean Thorton
The Quiet Man
Qualcuno sa cosa è accaduto dopo il 23 alla XS0543783434?