Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 1 (2 lettori)

Stato
Chiusa ad ulteriori risposte.
solenoide

solenoide

Forumer storico
ABN x Maxinblack

Mi sono reso conto che anche per questa volta sei in ritardo:)
Tempo scaduto questa mattina alle 10

Any Holders who wish to obtain a voting certificate or give a voting instruction for the second meeting can do so until 10 am
CET on 28 October 2009. Details of how to participate in the second Security Holders meeting are contained in the Consent
Solicitation Statement.

Nel caso di una terza asssemblea ti converra' scrivere o far scrivere direttamente agli indirizzi qui sotto :

Additional Information Further information relating to the Proposal is contained in the Consent Solicitation Statement and
related press release dated October 7th 2009. The Consent Solicitation Statement and further information on the second
Security Holders meeting may be obtained by eligible persons from the Company, the Tabulation Agent or the Solicitation
Agent.
The Company
ABN AMRO Bank N.V. Gustav Mahlerlaan 10 1082 PP Amsterdam The Netherlands Tel: +31 (0) 20 3836821 Email:
[email protected]

Tabulation Agent Lucid Issuer Services Limited Tel : +44 207 704 0880 E-mail : [email protected] Attn : Lee Pellicci

Solicitation Agent
Morgan Stanley & Co. International plc 25 Cabot Square Canary Wharf London E14 4QA For information
by telephone: +44 (0) 207 677 5040 Email: [email protected]
 

Allegati

  • ABN_News_2009_10_22_language-en.pdf
    7,5 KB · Visite: 139
Zorba

Zorba

Bos 4 Mod
bellyfull ha scritto:
:ciao:

potete scrivere l'isin delle axa di cui parlate... che avete preso oggi a 66/68?

grazie...

oggi cmq notizia interessante sui perpetual di MORGAN STANLEY apparsa su bloomberg...

Barclays Junior Debt a ‘Buy,’ Morgan Stanley Says



By Esteban Duarte


Oct. 27 (Bloomberg) -- Investors can profit buying subordinated bonds issued by Barclays Plc and HSBC Holdings Plc because they offer an annual yield of almost 12 percent until their call dates, Morgan Stanley analysts said.
Bondholders have shunned Tier 1 notes, issued to meet regulatory capital requirements, on concern banks reeling from more than $1.6 trillion of credit losses and writedowns may seek to save cash by skipping coupon payments and failing to meet redemption dates. Deutsche Bank AG, KBC Groep NV and Fortis Bank Nederland NV declined to redeem perpetual bonds at their first call date in the past year.
“We expect a growing number of banks to call Tier 1s at the first call date,” Morgan Stanley analysts, led by Lee Street in London, wrote in a note to investors. “We believe that calling Tier 1 sends a strong signal of an issuer’s good health to the market.
Barclays’s 7.375 percent undated notes with a repayment option in December 2011 are trading with a yield to the call date of 11.7 percent, compared with a yield to perpetuity of 7.9 percent, according to the report. HSBC’s 4.61 percent undated notes callable in June 2013 are trading with a yield to the first redemption date of 9.6 percent, compared with a yield of 7.3 percent of yield to perpetuity.
“The market is increasingly pricing Tier 1s on a yield to call as opposed to a yield to perpetuity,” the Morgan Stanley analysts wrote. “We are increasingly bullish on Tier 1 calls.”
Notes issued by UniCredit SpA, Societe Generale SA and BPCE SA are also among banks included in Morgan Stanley’s buy list.
Clicca per allargare...

Grazie mille Belly!:up::up: Oh, cmq sono fenomenali questi analisti. A 0,7 l'azione UC era un sell...:rolleyes:
 

reef

...
varoon ha scritto:
Grazie mille Belly!:up::up: Oh, cmq sono fenomenali questi analisti. A 0,7 l'azione UC era un sell...:rolleyes:
Clicca per allargare...

1256764227cheesy.gif



1256764246intheclub.gif
 
angy2008

angy2008

Forumer storico
bellyfull ha scritto:
:ciao:

potete scrivere l'isin delle axa di cui parlate... che avete preso oggi a 66/68?

grazie...

oggi cmq notizia interessante sui perpetual di MORGAN STANLEY apparsa su bloomberg...

Barclays Junior Debt a ‘Buy,’ Morgan Stanley Says



By Esteban Duarte


Oct. 27 (Bloomberg) -- Investors can profit buying subordinated bonds issued by Barclays Plc and HSBC Holdings Plc because they offer an annual yield of almost 12 percent until their call dates, Morgan Stanley analysts said.
Bondholders have shunned Tier 1 notes, issued to meet regulatory capital requirements, on concern banks reeling from more than $1.6 trillion of credit losses and writedowns may seek to save cash by skipping coupon payments and failing to meet redemption dates. Deutsche Bank AG, KBC Groep NV and Fortis Bank Nederland NV declined to redeem perpetual bonds at their first call date in the past year.
“We expect a growing number of banks to call Tier 1s at the first call date,” Morgan Stanley analysts, led by Lee Street in London, wrote in a note to investors. “We believe that calling Tier 1 sends a strong signal of an issuer’s good health to the market.
Barclays’s 7.375 percent undated notes with a repayment option in December 2011 are trading with a yield to the call date of 11.7 percent, compared with a yield to perpetuity of 7.9 percent, according to the report. HSBC’s 4.61 percent undated notes callable in June 2013 are trading with a yield to the first redemption date of 9.6 percent, compared with a yield of 7.3 percent of yield to perpetuity.
“The market is increasingly pricing Tier 1s on a yield to call as opposed to a yield to perpetuity,” the Morgan Stanley analysts wrote. “We are increasingly bullish on Tier 1 calls.”
Notes issued by UniCredit SpA, Societe Generale SA and BPCE SA are also among banks included in Morgan Stanley’s buy list.
Clicca per allargare...

dal commento di Morgan sembrano ottime le Barclays e le HSBC ma quali sarebbero gli ISIN? non mi pare che le quotazioni di titoli similari diano i rendimenti da loro citati alla call, qualcuno ha capito inghippo?
 
Stato
Chiusa ad ulteriori risposte.

Users who are viewing this thread

Total: 3 (members: 0, guests: 3)
Alto