Confesso di avere qualche difficoltà a interpretare questa notizia, già comparsa, in forma un po' diversa, sulla stampa portoghese di stamane.
Cosa intendono per "debt issued" da ESI? Solo quello senior? Tutto quanto?
Gli articoli portoghesi parlavano di una possibile offerta sulle azioni ESI al 2% del face value. Se fosse così, si tratterebbe di una grossa sorpresa positiva, tanto è vero che avevo attribuito un'eventuale offerta di questo tipo non già all'effettivo valore della società, ma al desiderio di evitare eventuali cause legali.
A mio avviso l'equity di ESI dovrebbe essere negativa di parecchio, altro che 2% residuo...
Qualcuno è riuscito a capire meglio di me cosa intendano gli articolisti?
Mi sembra che comunque si parli di obbligazioni, non di azioni.
Questa la traduzione in inglese dell'articolo su Economico (la traduzione in italiano lascia a desiderare...):
Banque Privée propõe perdas de 98% em títulos da ESI | Económico
[SIZE=+0][SIZE=+0]Banque Privée proposes losses of 98% in securities of ESI[/SIZE][/SIZE]
[SIZE=+0][SIZE=+0]Rui Barroso[/SIZE][/SIZE]
[SIZE=+0][SIZE=+0]
[email protected][/SIZE][/SIZE]
[SIZE=+0][SIZE=+0]02.09.14 00:05[/SIZE][/SIZE]
[SIZE=+0][SIZE=+0]The Banque Privée informed guests there are traders willing to buy bonds of ESI, and Rioforte ESFIL.[/SIZE][/SIZE]
[SIZE=+0][SIZE=+0]The? Banque Privée Espírito Santo (BPES) informed customers that there are traders willing to buy debt of entities of the Holy Spirit Group. [/SIZE][SIZE=+0]However, the indicative prices are offered well below the nominal value of the securities of the entities of the Holy Spirit Group have asked management controlada.No case of debt Holy Spirit International (ESI), the proposals made by the Banque Privée serve to pay only 2% the investment.[/SIZE][/SIZE]
[SIZE=+0][SIZE=+0]As for the titles of the Holy Spirit and Rioforte Financière (ESFIL), the value to recover around 20% to 25% and 10% and 12%, respectively. [/SIZE][SIZE=+0]These values are contained in a circular taken by Banque Privée, to August 22, and released by Belt, Seara, Caldas, Simões and Associates attorneys, representing clients of the bank held by Espírito Santo Financial Group company.[/SIZE][/SIZE]
[SIZE=+0][SIZE=+0]According to this document, the figures offered by debt securities of those entities coincide with the interest and the price offered by some traders. [/SIZE][SIZE=+0]Even with the ESI, Rioforte and ESFIL in insolvency proceedings, there are some funds that bet on riskier securities of bankrupt entities. [/SIZE][SIZE=+0]Offer a very low value for this debt in the hope of the future may come to recover higher values.[/SIZE][/SIZE]
[SIZE=+0][SIZE=+0]Despite now made proposals, Banque Privée informed customers that weighs find new ways of sale to sale values of debt entities GES? Less punitive prices. [/SIZE][SIZE=+0]"A? Order to find the best selling prices, Banque Privée Espírito Santo thinks organize offerings that bring together various orders relating to each of these securities to allow optimize sales."[/SIZE][/SIZE]
[SIZE=+0][SIZE=+0]These values are causing apprehension among customers aggrieved by Banque Privée. [/SIZE][SIZE=+0]This is because these cases have until the 8th of this month to demand the applications made in that entity, in accordance with procedural deadlines. [/SIZE][SIZE=+0]Despite being located in Switzerland, Banque Privée sold debt securities of the Holy Spirit Group to Portuguese clients. [/SIZE][SIZE=+0]From the beginning of July started failing payment of these instruments.[/SIZE][/SIZE]
, che però sembra restino a carico di ESFG.
