vi posso postare questo, comunque se fate ricerca di groupama se n'è parlato una decina di giorni fa.
Issuer/ Offeror : Groupama SA
Target Notes : Perp-NC 2015s (the "2005 Notes") and
Perp-NC 2017s (the "2007 Notes")
New Notes : Perp-NC 2024s (for Exchange & new money)
>> Target Notes details
| Amount Out. | ISIN | First Call date | Coupon | Exchange Price | Offer type |
€500,000,000 Fixed to Floating Rate Undated Senior Subordinated Notes
| €493,000,000 | FR0010208751 | 6 Jul 2015 | 4.375% | 100% | "Any and all" |
€1,000,000,000 Fixed to Floating Rate Undated Deeply Subordinated Notes
|€1,000,000,000 | FR0010533414 | 22 Oct 2017 | 6.298% | 100% | Capped offer - subject to the 2007 Notes Maximum Acceptance Amount |
>> New Notes details
Note description | Issuer | ISIN | Maturity |Call date | Denoms | Issue Price |
Euro-Denominated Fixed to Floating Rate Undated Senior Subordinated Notes | Groupama SA | FR0011896513 | Perp | 2024 | €100k/€100k | 100% |
New Notes Minimum Yield : To be announced on or by 10:00am, 20 May
2014. The New Notes Final Yield is
expected to be announced on 22 May 2014
Additional Notes : Further New Notes issued by the Issuer
(expected to be priced on 22 May 2014), to
the extent permitted by market conditions
and at the sole discretion of the Issuer,
of the same series and with the same terms
and conditions as the New Notes.
2007 Notes Maximum Acceptance Amt : To be announced on or by 22 May 2014. In
the event the nominal amount of 2007 Notes
submitted for exchange exceeds the 2007
Notes Final Acceptance Amount, then valid
submissions will be accepted on a pro-rata
basis
Minimum Exchange Delivery : In order to participate in the Exchange
Offer, holders must deliver an aggregate
nominal amount of at least €100,000 of the
target notes representing at least
€100,000, i.e. €100,000 of Existing 2005
Notes or €100,000 of 2007 Notes. Any
amount above the Minimum Exchange Delivery
Amount must also be in multiples of
€100,000.
Transaction Condition : The Exchange Offer is conditional upon,
inter alia, satisfaction or waiver at the
Issuer’s discretion, on the pricing of the
Additional Notes
Rationale : The purpose of the Exchange Offer is for
the Issuer to extend the average maturity
of its liability profile
Accrued Interest : Will be paid in cash
** Timetable **
>> Launch Date : Wed 7 May 2014
>> Announcement of New Notes : On or by 10am (Paris), Tue 20 May 2014
Minimum Yield
>> Revocation Deadline : 2pm (Paris), Wed 21 May 2014
>> Expiration : 4pm (Paris), Wed 21 May 2014
>> Announcement of the 2007 : On or by Thu 22 May 2014
Notes Maximum Acceptance Amount
>> Expected New Notes Pricing Date : Thu 22 May 2014
>> Exchange Offer Results : As soon as practicable on Thu 22 May 2014
>> Settlement : Wed 28 May 2104
Finalmente un Trader....ogni tanto fà piacere trovare qlc simile,in questo mondo di cassetisti dinamici e cassetisti finchè call non ci separi..
