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

[solovaloreaggiunto]

Erste won't pay coupon on Upper Tier 2 bonds

 

[solovaloreaggiunto]

post tender di ottobre, ne rimanevano fuori circa 90 mill eur... roba da mini retail. Certo non e' positiva ... ma neanche drammatica...

PTA-Adhoc: Erste Group Bank AG: ANNOUNCES THE RESULTS OF THE INV
2014-10-23 13:35:47.391 GMT

PTA-Adhoc: Erste Group Bank AG: ANNOUNCES THE RESULTS OF THE INVITATION TO
TENDER NOTES FOR REPURCHASE FOR CASH

<body.content>

Adhoc announcement according to article 48d section 1 BörseG

Vienna (pta025/23.10.2014/15:35) - ERSTE GROUP ANNOUNCES THE RESULTS OF THE
INVITATION TO TENDER NOTES FOR REPURCHASE FOR CASH
NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA OR TO PEOPLE WHO RESIDE
AND/OR LIVE IN THE UNITED STATES OF AMERICA OR TO ANY U.S. PERSON

Erste Group Bank AG announces hereby:

Announcement of the results of the invitation to tender for repurchase for
cash the subordinated supplementary capital notes (the "Notes") listed in the
table below

On the basis of and in accordance with the provisions of the
Rückkauf-Memorandum and the Tender Offer Memorandum, each of 1 October 2014,
(together, the "Tender Offer Memoranda") Erste Group Bank AG (the "Issuer")
has invited the holders of Notes (the "Noteholders") to tender Notes for
repurchase for cash by the Issuer (subject to the restrictions stated in the
Tender Offer Memoranda) for a fixed repurchase price including interest
accrued and unpaid on the Notes from and including the immediately preceding
interest payment date for the Notes to but excluding the Settlement Date (the
"Invitation"). The offer period with respect to the Invitation started on 1
October 2014 and ended on 21 October 2014, 3.00 p.m. (CET). Settlement date is
24 October 2014 (the "Settlement Date").
Due to the Invitation Noteholders have submitted tenders for the repurchase of
Notes held by them to the Issuer in the aggregate nominal amount of EUR
346,374,000 (at a total outstanding aggregate nominal amount of Notes in EUR
439,500,000). The Issuer has accepted the aggregate nominal amount of Notes
tendered for repurchase.
Noteholders whose tenders were accepted for repurchase on the basis of the
submitted tenders by the Issuer receive a repurchase price including interest
for the total nominal amount of Notes repurchased from each relevant
Noteholder (rounded to the nearest Euro 0.01 with Euro 0.005 being rounded up)
on the Settlement Date. The total amount of the repurchase price amounts to
EUR 347,072,636. Information on the repurchased nominal amount in EUR and on
the total outstanding nominal amount in EUR following the close of the
invitation - with respect to each individual issue of Notes - is listed in the
table below.

(see also PDF file)

Issue Title, ISIN, Repurchased nominal amount in EUR , Outstanding nominal
amount in EUR

7,71 % nachrangige Ergänzungskapital-Anleihe 2000-2015 der Erste Bank
/AT0000273727 / 7,000,000 / 0
5,5 % nachrangige Ergänzungskapital Bankschuldverschreibungen 2003-2015/3 /
AT0000275862 / 32,408,000 / 9,842,000
Nachrangige Ergänzungskapital-Kapitalmarkt-Floater-Bankschuldverschreibungen
2003-2015/6 / AT0000275953 / 90,423,000 / 15,377,000
4,5 % nachrangige Ergänzungskapital-Bankschuldverschreibungen 2003-2015/12 /
AT0000298260 / 16,423,000 / 4,577,000
Nachrangige Ergänzungskapital-Kapitalmarkt-Floater-Bankschuldverschreibungen
2003-2015/14 / AT0000298286 / 68,163,000 / 21,337,000
Nachrangige Ergänzungskapital Bankschuldverschreibungen 2006-2016 /
AT000B000062 / 4,286,000 / 2,714,000
Nachrangige Ergänzungskapital Bankschuldverschreibungen 2006-2016 /
AT000B000195 / 8,984,000 / 1,016,000
Nachrangige Ergänzungskapital Stufenzins BSV 2006-2016 / AT000B000450 /
5,020,000 / 2,680,000
Nachrangige Ergänzungskapital Stufenzins BSV 2006-2016 / AT000B000518 /
3,607,000 / 1,393,000
Nachrangige Ergänzungskapital Fix/CMS Bankschuldverschreibungen 2007-2015 /
AT000B000658 / 4,411,000 / 589,000
Nachrangiger Ergänzungskapital Geldmarkt Floater 2007-2015 / AT000B000708 /
23,525,000 / 4,475,000
Nachrangiger Ergänzungskapital Geldmarkt Floater 2007-2016 / AT000B001078 /
9,382,000 / 3,618,000
Nachrangiger Ergänzungskapital Geldmarkt Floater 2008-2016 / AT000B001466 /
70,042,000 / 24,708,000
EUR 10 M Erste Bank subordinated supplementary CMS-linked Notes due 2017
XS0143383148 2,700,000 800,000

 

[fidw99]

Erste won't pay coupon on Upper Tier 2 bonds

ma allora il comunicato stampa di erste era abbastanza lacunoso, si parlava di ibridi e di tier2...

se invece riguarda solo i titoli oggetto dell'opa la rilevanza è sicuramente minore

 

[solovaloreaggiunto]

ma allora il comunicato stampa di erste era abbastanza lacunoso, si parlava di ibridi e di tier2...

se invece riguarda solo i titoli oggetto dell'opa la rilevanza è sicuramente minore

infatti e' roba marginale

 

[nik.sala]

....si pensava tutti ad uno skip sui t1...se non è così, roba marginale.
Grazie sva, number 1

 

[solovaloreaggiunto]

....si pensava tutti ad uno skip sui t1...se non è così, roba marginale.
Grazie sva, number 1

certo poi rzb scende in simpatia, ma ovvio che situazione in Russia impatta.. e' cosi..

 

[nik.sala]

certo poi rzb scende in simpatia, ma ovvio che situazione in Russia impatta.. e' cosi..

quanto gira la 025 callabile 2016 ?

 

[fabriziof]

....si pensava tutti ad uno skip sui t1...se non è così, roba marginale.
Grazie sva, number 1

sul loro sito elencano i bond coinvolti nello skip e ci sono i 3 t1 della neguslist

 

[nik.sala]

sul loro sito elencano i bond coinvolti nello skip e ci sono i 3 t1 della neguslist

son da mobile e non sono andato sul sito erste.
Ma la xs0215338152 a quanto gira ?

 

[fabriziof]

son da mobile e non sono andato sul sito erste.
Ma la xs0215338152 a quanto gira ?

non lo so però è indicato tra i bond coinvolti