Alpha Credit Group PLC EO-Medium-Term Notes 2009(12)

[BondWurzel]

Spekulativer BankBond Sitz Emittent: GB / Bank: Griechenland

 

Aktuelle Rendite: p.a. 15,275%

 

http://www.alpha.gr/page/default.asp?id=4279&la=2

 

Bezeichnung 3,875% Alpha Credit Group PLC EO-Medium-Term Notes 2009(12)

WKN A1AMFA

ISIN XS0451674617

Kürzel/RIC DEA1AMFA=BE

Reuters-Kategorie Anleihe (börsengehandelt)

Wertpapiergruppe S.Whrg.Anl.Aus.

Wertpapierart Medium-Term Nts

Segment Freiverkehr

Emittent ALPHA CREDIT GROUP PLC/-

Sitz des Emittenten Großbritannien

Emissionsdatum 17.09.2009

Laufzeitende 17.09.2012

Emissionskurs 99,656

Rückzahlungskurs 100,00

Emissionsvolumen 750.000.000 EUR

Kupon 3,875%

Kuponart fixer Kupon

Zinstermin 17.09.2010

Zinsperiode Ganzjährig

Kl. handelb. Einheit 50.000

Depotwährung Euro (EUR)

Abrechnungswährung Euro (EUR)

Letztes Rating BB

Rating Agentur S&P

Rating Datum 27.04.2010

 

 

Europe stocks rebound after sharp 2-day sell-off

Thu, Apr 29 2010

 

* FTSEurofirst 300 up 0.8 pct after 4.2 pct slide in 2 days

 

* Santander's strong results help banks rebound

 

* Greek, Spanish, Portugese stocks bounce back

 

* Stock valuations at lowest since mid-February

 

* For up-to-the-minute market news, click on [sTXNEWS/EU]

 

By Blaise Robinson

 

PARIS, April 29 (Reuters) - European stocks rose on Thursday, recovering from the market's worst two-day slide in nearly three months, as the Fed's more upbeat view on the U.S. economy eclipsed the euro zone's sovereign debt fears.

 

Positive corporate results also helped lift investors' mood, with Banco Santander <SAN.MC> up 4 percent after the euro zone's largest bank posted forecast-beating results.

 

At 1130 GMT, the FTSEurofirst 300 <.FTEU3> index of top European shares was up 0.8 percent at 1,065.37 points. The benchmark index had tumbled 4.2 percent over the past two sessions after credit downgrades of Greece, Portugal and Spain triggered a sell-off on stock markets worldwide.

 

On Wednesday, the U.S. Federal Reserve left interest rates on hold near zero and promised to keep them low for an extended period, while offering a more upbeat view of the U.S. economy and employment prospects, sparking a rally on Wall Street. [.N]

 

After hammering the market over the past few days, fears over the sovereign debt of Greece, Portugal and Spain somewhat abated on Thursday, prompting a rebound in regional markets.

 

Portugal's benchmark index <.PSI20> was up 3 percent, Greece's index <.ATG> up 6.5 percent and Spain's IBEX <.IBEX> up 2.4 percent. So far this year, the three indexes are respectively down 15 percent, 17 percent and 13 percent, while the FTSEurofirst 300 is up 2 percent.

 

EU Economic and Monetary Affairs Commissioner Olli Rehn said the EU should complete talks with Greece "within days" on an aid package that is conditional on Greece cutting its deficit.

 

Recently beaten-down Greek banks National Bank <NBGr.AT> and Alpha Bank <ACBr.AT> rebounded 14 and 9 percent, respectively. "Our model is not too much concerned about the current disturbences such as the debt crisis, and it signals that this could be a good opportunity to buy again," said Hans-Olov Bornemann, head of global quant team and senior portfolio manager at SEB Asset Management in Stockholm.

 

"The impact for European companies in terms of what's going on in Europe is probably not going to be as bad as people fear at the moment, in part because they are multinational groups. What's going on in China is much more important."

 

Around Europe, UK's FTSE 100 index <.FTSE> was up 0.7 percent, Germany's DAX index <.GDAXI> up 0.5 percent, and France's CAC 40 <.FCHI> up 0.8 percent.

 

OIL SPILL WORRIES HIT BP

 

Shares of oil major BP <BP.L> dropped 1.3 percent. The U.S. Coast Guard said on Wednesday five times as much oil as previously estimated was leaking from a well beneath the site of a deadly drilling rig explosion as the slick threatened wide-scale coastal damage for four U.S. Gulf Coast states.

 

BP is the owner of the well and is financially responsible for the cleanup.

 

Unilever Plc <ULVR.L> climbed 3.8 percent. The consumer goods group beat forecasts with a rise in underlying sales.

 

Pernod Ricard <PERP.PA>, the world's second-largest spirits group, rose 4 percent after raising its full-year profitability target and posting forecast-beating quarterly sales.

 

"Corporate results are pretty good, but what the market really needs is a broad deal not only with Greece but for the euro zone in general, to remove all the contagion fears," said David Thebault, head of quantitative sales trading, at Global Equities in Paris.

 

Investors were also digesting positive news on the macro side. Data showed on Wednesday euro zone economic sentiment jumped much more than expected in April despite the Greek fiscal crisis, signalling strengthening economic activity in the second quarter. [iD:nLDE63S16A]

 

The recent pullback on the market has dragged European stock valuation to their lowest level since Feb. 15. The average price-to-earnings (P/E) ratio of stocks in the FTEurofirst 300 is 14.15. This compares with a current P/E ratio of 17.2 percent for Wall Street's S&P 500 index <.SPX>.