Obbligazioni societarie HIGH YIELD e oltre, verso frontiere inesplorate - Vol. 1 (5 lettori)

Stato
Chiusa ad ulteriori risposte.
bia06

bia06

Listen other's viewpoint avoid conflicts & wars.
21 OCT GENERAL SHOPPING BRAZIL SA ("Company"), a publicly held company headquartered at Avenida Angelica, 2466,
221, in the City of São Paulo, State of São Paulo, in compliance with the provisions of Instruction
Securities and Exchange Commission ("CVM") No. 358, of January 3, 2002, as amended, continuing
the information disclosed in the Material Facts of 8 and 16 September 2015, hereby informs its shareholders
and the market in general that its subsidiary, UNION NEW ADMINISTRATOR AND MERGING SA
("Company's Subsidiary"), entered into the Deed of Purchase and Sale with Irbinternacional Fund
Real Estate Investment - IFI, for which the Company's subsidiary sold 10% of the ideal fraction Property
(including land and buildings) which is located in the Company's shopping center called
"INTERNATIONAL SHOPPING GUARULHOS", the total price of R $ 97 million. The proceeds from this
sale will be used for the completion of the Tender Offer of Perpetual Bonds.
 
Ultima modifica:
gionmorg

gionmorg

low cost high value
Membro dello Staff
bia06 ha scritto:
GENERAL SHOPPING BRAZIL SA ("Company"), a publicly held company headquartered at Avenida Angelica, 2466,
221, in the City of São Paulo, State of São Paulo, in compliance with the provisions of Instruction
Securities and Exchange Commission ("CVM") No. 358, of January 3, 2002, as amended, continuing
the information disclosed in the Material Facts of 8 and 16 September 2015, hereby informs its shareholders
and the market in general that its subsidiary, UNION NEW ADMINISTRATOR AND MERGING SA
("Company's Subsidiary"), entered into the Deed of Purchase and Sale with Irbinternacional Fund
Real Estate Investment - IFI, for which the Company's subsidiary sold 10% of the ideal fraction Property
(including land and buildings) which is located in the Company's shopping center called
"INTERNATIONAL SHOPPING GUARULHOS", the total price of R $ 97 million. The proceeds from this
sale will be used for the completion of the Tender Offer of Perpetual Bonds.
Clicca per allargare...
stanno raschiando il fondo per racimolare il cash
 
gionmorg

gionmorg

low cost high value
Membro dello Staff
gualberto ha scritto:
quali sono i problemi principali?
Clicca per allargare...
Rating Action: Moody's places AK Steel's ratings (B3 CFR)) under review for downgrade
Global Credit Research - 08 Oct 2015
New York, October 08, 2015 -- Moody's Investors Service, ("Moody's") placed AK Steel Corporation's (AK Steel) B3 Corporate Family Rating (CFR), B3-PD Probability of Default rating, B2 senior secured 1st lien notes, Caa1 senior unsecured notes, Caa1 Revenue Bonds and (P)Caa1 shelf rating for senior unsecured debt under review for downgrade. The 1st lien notes, senior unsecured notes and Revenue Bonds are guaranteed by AK Steel Holding Corporation. The SGL-3 speculative grade liquidity rating was affirmed.

On Review for Downgrade:

..Issuer: AK Steel Corporation

.... Corporate Family Rating, B3, Placed on Review for Downgrade

.... Probability of Default Rating, B3-PD, Placed on Review for Downgrade

....Gtd Sr Sec 1st Lien Notes due 2018, B2, LGD3, Placed on Review for Downgrade

....Gtd CONV Notes, due 2019, Caa1, LGD5, Placed on Review for Downgrade

....Gtd Sr Notes, Caa1, LGD5, Placed on Review for Downgrade

....Senior Unsecured Shelf, due 2017, (P)Caa1, Placed on Review for Downgrade

..Issuer: Butler County Industrial Dev. Auth., PA

....Senior Unsecured Revenue Bonds, due 2024, Caa1, LGD5, Placed on Review for Downgrade

..Issuer: Ohio Air Quality Development Authority

....Senior Unsecured Revenue Bonds due 2024, Caa1, LGD5, Placed on Review for Downgrade

..Issuer: Rockport (City of) IN

....Senior Unsecured Revenue Bonds due 2028, Caa1, LGD5, Placed on Review for Downgrade

Affirmations:

..Issuer: AK Steel Corporation

.... Speculative Grade Liquidity Rating, Affirmed SGL-3

Outlook Actions:

..Issuer: AK Steel Corporation

....Outlook, Changed To Rating Under Review From Stable

RATINGS RATIONALE

The review for downgrade results from the continued weak performance of AK Steel, which has resulted in further weakness in debt protection metrics and high leverage as evidenced by the EBIT/interest and Debt/EBITDA ratios of 0.2x and 10.4x respectively for the twelve months ended June 30, 2015.

AK Steel and the US steel industry continue to struggle with challenging market conditions with 2015 evidencing weaker capacity utilization rates and meaningful price deterioration. While key input costs for scrap, iron ore and metallurgical coal have also declined significantly, this has not been sufficient to help earnings given the degree of price degradation and weaker capacity utilization rates relative to fixed cost absorption. The industry also continues to be pressured by high import levels.

The review will focus on AK Steel's ability to reduce costs, expected costs per ton, level of spot and contract value add sales and the ability of the company to be at least break even free cash flow generation. The review will also focus on the end markets to which AK Steel sells and the expected demand from such markets as well as the time horizon over which an improved performance by AK Steel is likely to be realized.

The principal methodology used in these ratings was Global Steel Industry published in October 2012. Please see the Credit Policy page on www.moodys.com for a copy of this methodology.

Headquartered in West Chester, Ohio AK Steel is a middle tier integrated steel producer operating steelmaking and finishing plants and coke plants in Indiana, Kentucky, Ohio, Pennsylvania, Michigan and West Virginia. Revenues for the twelve months ended June 30, 2015 were approximately $7.0 billion.
 
Stato
Chiusa ad ulteriori risposte.

Users who are viewing this thread

Total: 6 (members: 0, guests: 6)
Alto