PhilipBe schreef op 3 mei 2021 19:51:
[...]
Ondertussen eens de prospectus diagonaal gelezen....
Zijn afgesloten als perpetuals.
No Fixed Maturity: The Bonds are undated without any fixed maturity, and may not be redeemed otherwise than in accordance with this Condition 5 (Redemption and purchase).
Dus lopen in principe door....
de eerste reset datum zijn
25 October 2023 in the case of the Perp-NC5.5 Bonds and 25 April 2026 in the case of the Perp-NC8 Bonds (each a "First Reset Date")
Dan wordt de interest voet herberekent.
De "issuer" is URW SE
De "Guarantor" is URW NV.
or (y) in the event of the dissolution (ontbinding) or liquidation (vereffening) of the Guarantor, then the Bonds will become
immediately due and payable at their principal amount together with any amounts outstanding thereon including an amount equal to any Arrears of Interest and any Additional Interest Amounts
and with accrued interest to the date of redemption (the "Liquidation Redemption Date)
Dus m. i Bij verkoop/afsplitsing van de US assets kom je wel uit bij het feit dat URW SE direct moet terugbetalen.
Is dus wel degelijk een" financial exposure" t.o.v de US Assets.
Kun je vinden onderaan de pagina....
www.urw.com/en/investors/financing-ac...