negusneg
New Member
E senza bisogno che una combriccola di forumisti gli si presentasse alla porta per sollecitarli
Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 3
- Creatore Discussione Joe Silver
- Data di Inizio
E senza bisogno che una combriccola di forumisti gli si presentasse alla porta per sollecitarli
bia06
Listen other's viewpoint avoid conflicts & wars.
Collocamento odierno
Qualcuno la conosce?
Commenti?
Grazie
★★ Burgan Bank USD AT1 - IPTs set @ Low/mid 7%s ★★
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART TO THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT WOULD BE UNLAWFUL TO DO SO.
**Burgan Bank – Additional Tier 1 PerpNC5 – IPT: Low/mid 7%s**
Issuer: Burgan Tier 1 Financing Limited
Guarantor: Burgan Bank K.P.S.C.
Guarantor Rating: A3 stable (Moody's) / BBB+ stable (S&P)
Issue Rating: Unrated
Format: RegS Registered
Size: USD Benchmark
IPTs: Low/mid 7%s
Price: [ ] %
Maturity Date: Perpetual
Call Dates: [ ] 2019 (First Call Date) and any interest payment date thereafter, subject to the Conditions for Redemption and Variation
Status: Deeply Subordinated, senior only to ordinary shares and common equity tier 1 capital
Coupon: [ ]% area p.a. payable semi-annually in arrears until the First Call Date; Reset on First Call Date and every 5-years thereafter to a new fixed rate based on then prevailing 5-year USD mid-swap rate + initial margin
Interest Payment Cancellation: Optional interest cancellation at the issuer’s discretion. Mandatory cancellation if i) interest exceeds distributable funds, ii) Guarantor is in breach of applicable regulatory capital requirements or iii) upon regulatory request
Dividend stopper: following any Interest Cancellation no discretionary payment on, or repurchase of shares or junior or parity securities until 2 coupons have been paid or set aside to be paid
Non-Viability Loss Absorption: Permanent write down following the regulator determining (i) the issuing bank is instructed by the Financial Regulator to write-off or convert such instruments, on the grounds of non-viability; or
(ii) an immediate injection of capital is required, by way of an emergency intervention, without which the issuing bank would become non-viable.
Special Redemption: Tax Event (Additional Amounts), at par, Capital Event (full or partial disqualification), at 101%, in each case subject to the Conditions for Redemption and Variation
Governing Law: English law, except subordination of the Capital Securities governed by DIFC law
Listing: Irish Stock Exchange
Denoms: $200k+$1k
Global Coordinator: HSBC
Joint Bookrunners: Citi / HSBC (B&D) / JP Morgan / NBAD
Qualcuno la conosce?
Commenti?
Grazie
★★ Burgan Bank USD AT1 - IPTs set @ Low/mid 7%s ★★
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART TO THE UNITED STATES OR ANY OTHER JURISDICTION WHERE IT WOULD BE UNLAWFUL TO DO SO.
**Burgan Bank – Additional Tier 1 PerpNC5 – IPT: Low/mid 7%s**
Issuer: Burgan Tier 1 Financing Limited
Guarantor: Burgan Bank K.P.S.C.
Guarantor Rating: A3 stable (Moody's) / BBB+ stable (S&P)
Issue Rating: Unrated
Format: RegS Registered
Size: USD Benchmark
IPTs: Low/mid 7%s
Price: [ ] %
Maturity Date: Perpetual
Call Dates: [ ] 2019 (First Call Date) and any interest payment date thereafter, subject to the Conditions for Redemption and Variation
Status: Deeply Subordinated, senior only to ordinary shares and common equity tier 1 capital
Coupon: [ ]% area p.a. payable semi-annually in arrears until the First Call Date; Reset on First Call Date and every 5-years thereafter to a new fixed rate based on then prevailing 5-year USD mid-swap rate + initial margin
Interest Payment Cancellation: Optional interest cancellation at the issuer’s discretion. Mandatory cancellation if i) interest exceeds distributable funds, ii) Guarantor is in breach of applicable regulatory capital requirements or iii) upon regulatory request
Dividend stopper: following any Interest Cancellation no discretionary payment on, or repurchase of shares or junior or parity securities until 2 coupons have been paid or set aside to be paid
Non-Viability Loss Absorption: Permanent write down following the regulator determining (i) the issuing bank is instructed by the Financial Regulator to write-off or convert such instruments, on the grounds of non-viability; or
(ii) an immediate injection of capital is required, by way of an emergency intervention, without which the issuing bank would become non-viable.
Special Redemption: Tax Event (Additional Amounts), at par, Capital Event (full or partial disqualification), at 101%, in each case subject to the Conditions for Redemption and Variation
Governing Law: English law, except subordination of the Capital Securities governed by DIFC law
Listing: Irish Stock Exchange
Denoms: $200k+$1k
Global Coordinator: HSBC
Joint Bookrunners: Citi / HSBC (B&D) / JP Morgan / NBAD
solovaloreaggiunto
Forumer storico
Raiffeisen Predicts Loss as Ukraine Crisis Causes Bad-Debt Rise
2014-09-22 22:04:55.730 GMT
Raiffeisen Bank International AG,
the foreign bank with most at risk in Ukraine and Russia,
predicted its first annual loss this year as the conflict in
Ukraine causes bad-debt charges to rise faster than expected.
Raiffeisen’s loan loss provisions will rise to 1.5 billion
euros to 1.7 billion euros ($2.2 billion) this year, compared
with 1.15 billion euros in 2013, the Vienna-based bank said in a
statement late yesterday. It’s the second time this year the
bank has raised the provisioning forecast as the escalating
conflict takes a bigger toll on Ukraine’s economy. Loan losses
in Hungary will also be higher than expected, Raiffeisen said.
“As a consequence of the latest developments, a negative
result for 2014 is to be expected,” Raiffeisen said in the
statement. That’s “primarily due to higher expected risk costs
in Ukraine in light of ongoing political tensions in the
region.”
Raiffeisen, the second-largest bank in eastern Europe,
after UniCredit SpA, has relied on Russia as its biggest profit
generator in the past three years. Sanctions imposed by the U.S.
and the European Union in response to Russian President Vladimir
Putin’s stance on Ukraine are threatening that source of income,
as bad loans continue to eat into profit in other markets, like
Ukraine and Hungary.
The bank had last month predicted bad-loan provisions of
1.3 billion euros to 1.4 billion euros. It will also write down
the value of its Ukrainian unit by about 60 million euros
because of the loan losses, Raiffeisen said. On top of that,
Hungarian legislation forcing banks to refund loan fees
determined as unfair by the government will cost the bank 240
million euros, rather than 160 million euros predicted earlier.
Mid-Term Outlook
The lender curbed its mid-term outlook for return on equity
as well, saying it now aimed for 14 percent pretax and 11
percent after tax, 1 percentage point less than the previous
forecast. For next year, it forecast net income “in the mid
triple digit millions.”
Raiffeisen’s shares have dropped 19 percent this year and
are the fourth-worst performer in the 45-company Bloomberg
Europe Banks and Financial Services Index, which advanced 4.2
percent in the period. They closed 2.5% lower at 19.765 euros in
Vienna yesterday, giving it a market capitalization of 5.8
billion euros.
The bank, which raised 2.8 billion euros by selling new
shares this year, doesn’t need new capital because of the
expected loss, Chief Financial Officer Martin Gruell was quoted
as saying by the Austria Press Agency.
2014-09-22 22:04:55.730 GMT
Raiffeisen Bank International AG,
the foreign bank with most at risk in Ukraine and Russia,
predicted its first annual loss this year as the conflict in
Ukraine causes bad-debt charges to rise faster than expected.
Raiffeisen’s loan loss provisions will rise to 1.5 billion
euros to 1.7 billion euros ($2.2 billion) this year, compared
with 1.15 billion euros in 2013, the Vienna-based bank said in a
statement late yesterday. It’s the second time this year the
bank has raised the provisioning forecast as the escalating
conflict takes a bigger toll on Ukraine’s economy. Loan losses
in Hungary will also be higher than expected, Raiffeisen said.
“As a consequence of the latest developments, a negative
result for 2014 is to be expected,” Raiffeisen said in the
statement. That’s “primarily due to higher expected risk costs
in Ukraine in light of ongoing political tensions in the
region.”
Raiffeisen, the second-largest bank in eastern Europe,
after UniCredit SpA, has relied on Russia as its biggest profit
generator in the past three years. Sanctions imposed by the U.S.
and the European Union in response to Russian President Vladimir
Putin’s stance on Ukraine are threatening that source of income,
as bad loans continue to eat into profit in other markets, like
Ukraine and Hungary.
The bank had last month predicted bad-loan provisions of
1.3 billion euros to 1.4 billion euros. It will also write down
the value of its Ukrainian unit by about 60 million euros
because of the loan losses, Raiffeisen said. On top of that,
Hungarian legislation forcing banks to refund loan fees
determined as unfair by the government will cost the bank 240
million euros, rather than 160 million euros predicted earlier.
Mid-Term Outlook
The lender curbed its mid-term outlook for return on equity
as well, saying it now aimed for 14 percent pretax and 11
percent after tax, 1 percentage point less than the previous
forecast. For next year, it forecast net income “in the mid
triple digit millions.”
Raiffeisen’s shares have dropped 19 percent this year and
are the fourth-worst performer in the 45-company Bloomberg
Europe Banks and Financial Services Index, which advanced 4.2
percent in the period. They closed 2.5% lower at 19.765 euros in
Vienna yesterday, giving it a market capitalization of 5.8
billion euros.
The bank, which raised 2.8 billion euros by selling new
shares this year, doesn’t need new capital because of the
expected loss, Chief Financial Officer Martin Gruell was quoted
as saying by the Austria Press Agency.
solovaloreaggiunto
Forumer storico
azione raiff a -12%
Rottweiler
Forumer storico
Ho postato il comunicato Raiffeisen sul 3D dedicato:
http://www.investireoggi.it/forum/r...l-problema-russia-vt81796-20.html#post4030199
Jackrussel
Forumer storico
come la vedete questa sudzuecker 5,25 XS0222524372 ? 
sta scendendo velocemente verso i 95 con buona lettera su euronext
Mi pare sia ai minimi da un anno
sta scendendo velocemente verso i 95 con buona lettera su euronext
Mi pare sia ai minimi da un anno
wartburg_12
forumer storico
Oh cacchio !!! anche questa !!! Ce l'avevo a 91.3, mi dava il 7.125% ogni ottobre, ero contento e invece ...
Pork puzz prima se n'è andata ASR 10% ora questa .......... AIUTOOOOOOOOOOOOOOOOOOOOOOOO !!!!
Andre_Sant
Forumer storico
Oh cacchio !!! anche questa !!! Ce l'avevo a 91.3, mi dava il 7.125% ogni ottobre, ero contento e invece ...
Pork puzz prima se n'è andata ASR 10% ora questa .......... AIUTOOOOOOOOOOOOOOOOOOOOOOOO !!!!
ad averne di questi problemi..
Similar threads
- Bloccata
Obbligazioni perpetue e subordinate
Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 2
- Bloccata
Obbligazioni perpetue e subordinate
Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 1
