Obbligazioni bancarie Ristrutturazione JSC Alliance Bank XS0495755562 (1 Viewer)
- Creatore Discussione Imark
- Data di Inizio
qquebec
Super Moderator
qquebec
Super Moderator
Alliance’s liquidity position remains fragile in view of upcoming external debt principal repayments of USD74m in 2014, USD148m in 2015, USD148m in 2016 and USD103m in 2017 (all figures net of bonds repurchased by the bank). USD419m of liquid assets at end-Q113, including USD112m of cash and deposits and USD307m of repoable SK and sovereign bonds, covered these repayments by 88%. Alliance also had USD1bn of loans maturing in less than 12 months at end-2012, suggesting that additional liquidity could be generated through a slowdown in issuance of new consumer loans, although this would further undermine profitability.
Fitch sostiene che sarà necessaria una seconda ristrutturazione dei bond
Fitch sostiene che sarà necessaria una seconda ristrutturazione dei bond
fabriziof
Forumer storico
Brutta faccenda, non era mai scesa così tantooccorre approfondire
l'altr'anno era a 65 chissà che non ci riarriva.al downgrade di fitch che ho postato ieri,da leggere attentamente, jsc ha risposto così:
Alliance Bank JSC (hereinafter - the Bank) would like to comment on the
rating downgrade by Fitch Ratings Ltd. (hereinafter - Fitch) on 24 May 2013 as
follows:
The Bank did not provide Fitch with any information on JSC NWF Samruk-
Kazyna (hereinafter – SK) support plans. The Bank did not possess any
information that SK is very unlikely to inject capital into Alliance prior to
any sale and a new debt restructuring being a real possibility, in view of SK
support plans, if SK has not made significant progress towards a sale by the
end-2013 deadline. The Bank possesses information only with regard to a
possible sale of the Bank by SK to a potential strategic investor and with
regard to relevant exercises being held by SK in this matter.
As of YE 2012 the Bank’s assets expanded by 11.3% to KZT 590 009 mln., net
loan portfolio increased by 18.3% to KZT 388 930 mln., and deposits continued
to show a steady growth of 14.6% to KZT 337 238 mln. The level of non-
performing loans as a percentage of gross loan portfolio decreased from 55% to
49% at YE 2012 in comparison with YE 2011. In 2012 the Bank continued to
increase its capital under IFRS, which amounted to KZT 11.1 bn. as of YE 2012.
In 2012 and 1Q 2013 the Bank fully met its external liabilities having repaid
USD 95.5 mln. under the Eurobonds and having paid USD 24.5 mln. under the
Recovery Notes.
The Bank forecasts that its capital adequacy ratios will not be in compliance if
new regulatory requirements from NBK come into force in 2013, which has been
widely acknowledged since previous rating reviews.
.per conto mio un pochino penso di incrementare
cortesemente postate gli isin?
qquebec
Super Moderator
Delle tre agenzie di rating, Fitch è sicuramente la meno affidabile
qquebec
Super Moderator
Allegati
iguanito
Forumer storico
Ma il rimborso è già in corso
è quello che dovrei fare.