Potrei sbagliarmi, ma mi sembra di ricordare che in caso di fallimento le t1 era recovery 50 %, e in caso di vendita 25. Qualcuno ha i numeri ?
CVC scenario:
Total value Tier-1 subordinated debt: € 187.8 million, consisting of 25% of the total underlying nominal value, with the exception of the Participation certificates (75% payment of nominal value);
Total value Tier-2 subordinated debt: € 280.9 million, consisting of 75% of the total underlying nominal value of SNS Bank documents
and 35% of the same nominal value of SNSR documents;
Total value of (other than State-owned) SNSR shares, including shares obtained through the conversion of Core Tier 1 Securities: € 15.9 million.
Bankruptcy scenario:
Total value Tier-1 subordinated debt: € 478.3 million, consisting of 75% of the total underlying nominal value;
Total value Tier-2 subordinated debt: € 335.2 million, consisting of 75% of the total underlying nominal value of both SNS Bank documents
as also nominal of SNSR (€ 331.5 m) plus a small part of interest (€ 4.2 m), only for SNS Bank securities;
Total value of (other than State owned) SNSR shares: nil. "