Tutto quello che avreste sempre voluto sapere sulle obbligazioni perpetue... - Cap. 4 bis (7 lettori)

russiabond

Contadino della finanza. Follow your destiny.
Ricevute 250 k su credit Suisse e 400 k su Zarattini

650 k su 10 KK

Di Saxo bank 6.75 %

Prezzi by Rivetto

100.75...101.50 area a pagina
 

marcob77

Moderator

UBS Shareholders Vote to Make AT1s Convertible to Shares​

UBS's shareholders voted to change the clauses on its AT1s issued following the events at Credit Suisse last year. As per the clause change, upon the occurrence of a trigger event, these notes will be converted into equity instead of being permanently written down to zero. Credit Suisse's AT1 holders faced a permanent writedown to zero and thus, they did not receive any benefit despite being ranked above equity shareholders in terms of payment rank. The equity conversion mechanism was added only when UBS returned to the AT1 markets in late-2023. However, it could only be activated once shareholders voted for the change, that concluded yesterday. Bloomberg Intelligence analyst Jeroen Julius notes that the latest shareholder approval "could facilitate further AT1 issuance". This also comes at a time when Swiss government's recently announced plan to impose tougher capital requirements for the banking industry including UBS. The government aims to protect the country from a repeat of the Credit Suisse collapse and analysts note that it may see UBS requiring an additional $15-25bn in capital to comply. UBS Chairman Colm Kelleher said, "UBS is not too big to fail", and that it is one of the best capitalized banks in Europe.​

UBS's AT1s were trading stable with its 5.125% Perps at 94.6, yielding 7.82%.
 

marcob77

Moderator
MARKETS ALERT​

Regulators Set to Seize Troubled Philadelphia Bank Republic First​

Regulators are set to seize the troubled Philadelphia bank Republic First and are near a deal to sell it to another lender, the fourth high-profile bank failure since last spring.
 

russiabond

Contadino della finanza. Follow your destiny.
prezzo Zarattini errato è 100 perche date in assegnazione come per Credit Suisse




Ricevute 250 k su credit Suisse e 400 k su Zarattini

650 k su 10 KK

Di Saxo bank 6.75 %

Prezzi by Rivetto

100.75...101.50 area a pagina
Screenshot_28-4-2024_123113_direct.credit-suisse.com.jpeg
Screenshot_28-4-2024_124542_e-banking.zarattinibank.ch.jpeg
 
Ultima modifica:

montebar

Forumer storico
euro
acquisto ibrido aareal bank
cedola attuale appena sotto 11%
la banca é bbb stabile, recente
acquisita mesi fa da 3 private equity usa e canadesi
a 82,50, rateo 3 giorni
e cosi concludo il rimborso vallourec
 

fabriziof

Forumer storico
euro
acquisto ibrido aareal bank
cedola attuale appena sotto 11%
la banca é bbb stabile, recente
acquisita mesi fa da 3 private equity usa e canadesi
a 82,50, rateo 3 giorni
e cosi concludo il rimborso vallourec
Per curiosità ,che è successo a febbraio?
 

bia06

Listen other's viewpoint avoid conflicts & wars.
By Thomas Gualtieri

(Bloomberg) -- CaixaBank, to wholly redeem its €1,000,000,000 perpetual non-cumulative contingent convertible additional tier 1 preferred securities, according to a regulatory filing.

  • Securities were issued on June 13, 2017 for an initial total amount of €1B
  • Current outstanding principal amount is €395m
  • ISIN ES0840609004
  • To be redeemed on June 13 at 100% of the liquidation preference of €200,000 per preferred security
 

Users who are viewing this thread

  • Alto