financeligth
mezzanine user
CP per SNS
Allego le mie domande in merito ai CP e le risposte di Victor.
Hereby the answers to your questions. Again apologies for the delay.
XS0310904155
Can a coupon pusher be blocked by your national bank authority or European Commission or other institutions ?
YES, BY THE NATIONAL BANK AUTHORITY IN CASE THE REQUIRED DEFERRAL CONDITION IN THE T&C'S APPLIES AND THE EC CAN'T BE RULED OUT EITHER.
Is the refund of state aid a coupon pusher for the bond ?
YES
XS0468954523
Can a coupon pusher be blocked by your national bank authority or European Commission or other institutions ?
YES, BY THE NATIONAL BANK AUTHORITY IN CASE THE REQUIRED DEFERRAL CONDITION IN THE T&C'S APPLIES AND THE EC CAN'T BE RULED OUT EITHER.
Is the refund of state aid a coupon pusher for the bond ? NO, THIS HAS BEEN CARVED OUT IN THE T&C'S, IN THE DEFINITIONS FOR THE RELEVANT PUSHER EVENTS.
The eventual refund of a participation certificate in dic 2012 is a coupon pusher for the coupon of nov 2013 ?
NO, THE DIVIDEND PUSHER IS LIMITED TO THE PERIOD SIX MONTHS PRIOR TO A COUPON PAYMENT DATE (PLEASE REFER TO CONDITION 4(c)(i) OF THE T&C'S).
![Ciao a tutti :ciao: :ciao:](/images/smilies/ciaoatutti.gif)
Ciao Fabrizio,
ho letto anch'io quella frase verso la fine del report di MS.
E' in effetti significativo che MS precisi che il push abbia luogo sulla 523, anche se al "bank level". Però non ho trovato quella clausola nel prospetto della 523.
Tu hai provato a cercarla?
Allego le mie domande in merito ai CP e le risposte di Victor.
Hereby the answers to your questions. Again apologies for the delay.
XS0310904155
Can a coupon pusher be blocked by your national bank authority or European Commission or other institutions ?
YES, BY THE NATIONAL BANK AUTHORITY IN CASE THE REQUIRED DEFERRAL CONDITION IN THE T&C'S APPLIES AND THE EC CAN'T BE RULED OUT EITHER.
Is the refund of state aid a coupon pusher for the bond ?
YES
XS0468954523
Can a coupon pusher be blocked by your national bank authority or European Commission or other institutions ?
YES, BY THE NATIONAL BANK AUTHORITY IN CASE THE REQUIRED DEFERRAL CONDITION IN THE T&C'S APPLIES AND THE EC CAN'T BE RULED OUT EITHER.
Is the refund of state aid a coupon pusher for the bond ? NO, THIS HAS BEEN CARVED OUT IN THE T&C'S, IN THE DEFINITIONS FOR THE RELEVANT PUSHER EVENTS.
The eventual refund of a participation certificate in dic 2012 is a coupon pusher for the coupon of nov 2013 ?
NO, THE DIVIDEND PUSHER IS LIMITED TO THE PERIOD SIX MONTHS PRIOR TO A COUPON PAYMENT DATE (PLEASE REFER TO CONDITION 4(c)(i) OF THE T&C'S).
![Ciao a tutti :ciao: :ciao:](/images/smilies/ciaoatutti.gif)