Bond Dates. Failure to Pay
Greece
has a bond redemption coming in on the 15th of May and a coupon on
the 8th. It would have to pay 435million (originally was 450million)
Euro to the hold outs of this English law bond (XS0147393861). This is part of
the 6billion that refused the PSI through the bondholder meetings. Would Greece
fail to pay? The rhetoric so far from Greek officials is that there is no money
allocated for hold outs. The truth is however, that the decision maker is not
the Greek government,, assuming there is going to be one, but Europe and
Germany. They are the ones that call the shots and also have the money to pay.
So chances are that Greece would not pay this bond on the 15th. That
of course does not mean that bondholders would not get their money back
sometime in the future. It is simply too early and too close to the PSI for
Europe to start paying recalcitrant bondholders. There is of course a month grace period but
this can be used only if Greece intents to pay but has difficulties collecting
the money (operationally or otherwise)
http://andreaskoutras.blogspot.de/2012/05/greek-elections-foreign-greek-bonds.html#more
aus dem Prospectus:
FISCAL AND PRINCIPAL PAYING AGENT
Deutsche Bank AG London
Winchester House
1 Great Winchester Street
London EC2N 2DB
PAYING AGENT AND LISTING AGENT
Deutsche Bank Luxembourg S.A.
2 Boulevard Konrad Adenauer
L-1115 Luxembourg
dort könnt ihr nachfragen wie es mit der zahlung aussieht...ob die mittel eingetroffen sind
aus dem Prospectus:
FISCAL AND PRINCIPAL PAYING AGENT
Deutsche Bank AG London
Winchester House
1 Great Winchester Street
London EC2N 2DB
PAYING AGENT AND LISTING AGENT
Deutsche Bank Luxembourg S.A.
2 Boulevard Konrad Adenauer
L-1115 Luxembourg
dort könnt ihr nachfragen wie es mit der zahlung aussieht...ob die mittel eingetroffen sind
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