Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 2 (27 lettori)

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SAVATAGE

Nuovo forumer
Subject: €€€ New Generali 30-NC-10 announcement €€€

Issuer: Assicurazioni Generali S.p.A.
Financial strength: A (S&P)/A1 (Moody’s)/BBB+ (Fitch)
Expected Issue Rtg: [BBB+ (S&P)/A3 (Moody’s)/BBB- (Fitch)]
Securities offered: Dated Senior Subordinated Securities
Subordination: Subordinated, ranking junior to all present
unsubordinated securities and senior to any existing
dated deeply subordinated and hybrid obligations
Issue Amount: EUR benchmark
IPT: TBD
Settlement Date: [ ]-Jul-2012
Scheduled Maturity: [ ]-Jul-2042
First Call Date: [ ]-Jul-2022
Coupon: [ ]% Fixed annually until First Call Date,
thereafter 3mE+[ ] (including 100bps step-up)
Listing: Luxembourg Stock Exchange
Governing Law: English law
Denominations: €100k + €100k
Documentation: EUR 7 billion EMTN Programme
Use of proceeds: Re-financing of certain existing subordinated notes
and in particular ASSGEN 6.9 2022 nc 2012
Joint Lead Managers: Barclays, Citi, HSBC, JP Morgan, Mediobanca (Global
coordinator), Morgan Stanley, UniCredit

Conditions to Scheduled Maturity:Redemption subject to no regulatory
intervention and regulatory approval if required as
more fully described in the documentation
Optional Redemption: On First Call Date and each subsequent interest
payment date thereafter at Par. In case of tax
reasons (at Par on any Interest Payment Date), Rating
Event (at any time at par) or Regulatory Event (at
any time with make whole) Mandatory suspension of redemption: Yes (subject to mandatory suspension event,
breach of solvency margin, insufficiency of own funds
as more fully described in the documentation)
Optional Deferral Yes (subject to no distribution and no redemption/
repurchase on junior and parity securities or a
partial distribution on parity securities during the
look back period, save for any mandatory distribution
or redemption or below par redemption or repurchase
as more fully described in the documentation), cash
cumulative
Mandatory Deferral Yes (on regulatory intervention and no dividend
declared after regulatory intervention as more fully
described in the documentation), cash cumulative
 

fabriziof

Forumer storico
Subject: €€€ New Generali 30-NC-10 announcement €€€

Issuer: Assicurazioni Generali S.p.A.
Financial strength: A (S&P)/A1 (Moody’s)/BBB+ (Fitch)
Expected Issue Rtg: [BBB+ (S&P)/A3 (Moody’s)/BBB- (Fitch)]
Securities offered: Dated Senior Subordinated Securities
Subordination: Subordinated, ranking junior to all present
unsubordinated securities and senior to any existing
dated deeply subordinated and hybrid obligations
Issue Amount: EUR benchmark
IPT: TBD
Settlement Date: [ ]-Jul-2012
Scheduled Maturity: [ ]-Jul-2042
First Call Date: [ ]-Jul-2022
Coupon: [ ]% Fixed annually until First Call Date,
thereafter 3mE+[ ] (including 100bps step-up)
Listing: Luxembourg Stock Exchange
Governing Law: English law
Denominations: €100k + €100k
Documentation: EUR 7 billion EMTN Programme
Use of proceeds: Re-financing of certain existing subordinated notes
and in particular ASSGEN 6.9 2022 nc 2012
Joint Lead Managers: Barclays, Citi, HSBC, JP Morgan, Mediobanca (Global
coordinator), Morgan Stanley, UniCredit

Conditions to Scheduled Maturity:Redemption subject to no regulatory
intervention and regulatory approval if required as
more fully described in the documentation
Optional Redemption: On First Call Date and each subsequent interest
payment date thereafter at Par. In case of tax
reasons (at Par on any Interest Payment Date), Rating
Event (at any time at par) or Regulatory Event (at
any time with make whole) Mandatory suspension of redemption: Yes (subject to mandatory suspension event,
breach of solvency margin, insufficiency of own funds
as more fully described in the documentation)
Optional Deferral Yes (subject to no distribution and no redemption/
repurchase on junior and parity securities or a
partial distribution on parity securities during the
look back period, save for any mandatory distribution
or redemption or below par redemption or repurchase
as more fully described in the documentation), cash
cumulative
Mandatory Deferral Yes (on regulatory intervention and no dividend
declared after regulatory intervention as more fully
described in the documentation), cash cumulative

e vai 300 eurini fanno sempre comodo :up::up:
 
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