Obbligazioni perpetue e subordinate Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 3

[riccio43]

qualche prezzo At1 da Sella
DB hp3 97.25 97.90
unipol 733 97.5 98.25
Group 513 100-35 101
B.Brasil f97 95.7 96.3
Santatander 541 95.5 96.45

 

[Andre_Sant]

nuovo ibrido ASR XS1115800655

Issuer, issue number ASR Nederland, 5% perp. (Fix-to-Float)
Type of debt instrument International bonds
Issue status outstanding
Type of placement Public
Par, currency of issue EUR 100,000
Amount 500,000,000
ISIN XS1115800655
End of placement 09/16/2014
Initial issue price 99.056
Coupon 5% until 30sep2024, %Y EUR Swap rate + 4.95%
Coupon frequency 1 time(s) per year
Settlement date 09/30/2014
Issue Managers Deutsche Bank, Rabobank, UBS

ma è un tier2 assicurativo tipo il groupama 2024 che fu dato in ops?

grazie
ciao

 

[TheLondoner]

ma è un tier2 assicurativo tipo il groupama 2024 che fu dato in ops?

grazie
ciao

non ho letto ancora il prospetto ma a prima vista sembrano molto simili.

frattanto....

a.s.r. announces result of the tender offer on its perpetual securities
26-9-2014
Further to its announcement dated 16 September 2014, a.s.r. (the Company) today announces the results of the Offers and that it will accept all valid tenders of Securities for purchase pursuant to the Offers, subject to the successful completion (in the determination of the Company) of the issue by the Company of a series of Euro denominated fixed to fixed rate undated subordinated notes announced on 16 September 2014 (the “New Financing Condition”). The Company is entitled to waive the New Financing Condition at its sole discretion. As at the date of this announcement, the Company expects the New Financing Condition to be satisfied.​
​The Offers were announced on 16 September 2014 and were made on the terms and subject to the conditions contained in the tender offer memorandum dated 16 September 2014 (the “Tender Offer Memorandum”) prepared by the Company. Capitalised terms used in this announcement but not defined herein have the meanings given to them in the Tender Offer Memorandum.
The Expiration Deadline for the Offers was 5.40 p.m. (CET) on 25 September 2014.
As at the Expiration Deadline, €192,318,072 in aggregate nominal amount of the Step-Up Fixed-Floating Perpetual Capital Securities and €20,685,417 in aggregate nominal amount of the Non Step-Up Fixed Perpetual Capital Securities had been validly tendered pursuant to the Offers and will be accepted for purchase by the Company, subject to satisfaction of the New Financing Condition.
The Purchase Price applicable to tenders by Holders who have validly tendered their Securities for purchase for cash (and who have not validly withdrawn such Securities in the limited circumstances in which Tender Instructions may be revoked) and whose Securities are accepted for purchase by the Company, will be 132 per cent. (in respect of the Offer in relation to the Step-Up Fixed-Floating Perpetual Capital Securities) or 118 per cent. (in respect of the Offer in relation to the Non Step-Up Fixed Perpetual Capital Securities).
Payment of the relevant Purchase Price and applicable Accrued Interest Payment in respect of Securities accepted for purchase pursuant to the Offers will take place on the Settlement Date, which is expected to be 30 September 2014.
Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank International), Deutsche Bank AG, London Branch and UBS Limited are acting as Joint Dealer Managers for the Offers. Lucid Issuer Services Limited is acting as Tender Agent and ABN AMRO Bank N.V. is acting as Dutch Tender Agent.

 

[Rottweiler]

Immagino abbiate letto:

Pimco?s Bill Gross to Join Janus Capital - Bloomberg


Il titolo Allianz in pesante perdita, oggi.

 

[apaci2]

Immagino abbiate letto:

Pimco?s Bill Gross to Join Janus Capital - Bloomberg


Il titolo Allianz in pesante perdita, oggi.

Più che letto abbiamo visto gli effetti in tempo reale... questa ancora mi mancava

Giusto per i grafici posto articolo di ZH
The Bill Gross Effect: German Stocks, European Bonds, & US Credit Markets Are Plunging | Zero Hedge

 

[wagenbach]

Immagino abbiate letto:

Pimco?s Bill Gross to Join Janus Capital - Bloomberg


Il titolo Allianz in pesante perdita, oggi.

per chi ha seguito le vicende di Pinco e Bill Gross la conclusion é assai chiara:

long Allianz.

Per quanto riguarda il signor Gross penso che sia un caso di ICD-9-CM 296.80

HEARD ON THE STREET: Pimco's Gross Split Isn't End of Allianz - WSJ

 

[fabriziof]

non ho l'eseguito preciso ma la banco do brasil 8,5 si vende sopra 116

per l'esattezza vendute a 116,5 giovedi,direi buono per chi non vuole aderire allo scambio

 

[drbs315]

Venduta Commzbk GB0004955547 usd a 68

 

[Andre_Sant]

off topic ma nn troppo (dato che i potenziali detentori del bond sono gli stessi che trattano sub e affini):

ricordo a coloro che avessero il bond cir 5,75% XS0207766170 2024 che è in corso opa sul titolo dove:

- pagano 109 + rateo se le adesioni sono sopra al 50%
- pagano 108 + rateo se le adesioni sono sotto al 50%
- pagano 107 + rateo A CHI NON HA ADERITO se gli altri hanno aderito arrivando sopra al 50% di adesioni..

tutti quanti vengono pagati il 16 ottobre.
Chi compra ora il bond nn puo' portarlo in opa (deve averlo acquistato prima con valuta 1ottobre o precedente).

Questi sono quindi gli ultimissimi giorni in cui è ancora possibile aderire.
ciao
Andrea

 

[fidw99]

balzo dei CDS

la cosa strana è che sono saliti dal 22 settembre...

sarà tutta colpa di Bill Gross ?

molto strano....