bullish

BNP Paribas

Bnp Paribas Fortis (BE0933899800) - Thursday, Aug 8, 2024

129 Views07 Nov 2024 22:20
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SUMMARY
  • Investing in FBAVP Perp (CASHES) at 92c with a coupon of E+2% (~5.5%) provides a base yield of 6%
  • Expected redemption at par in the near term could potentially offer a double-digit IRR
  • Non-compliance with bank capital regulations may lead to forced redemption, providing bondholders with a pull-to-par on top of the coupon

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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  • Bnp Paribas Fortis (BE0933899800) - Thursday, Aug 8, 2024
    07 Nov 2024
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