PhilipBe schreef op 27 november 2020 22:49:
[...]
Heb even beginnen gegraven.....
extract uit persbericht: 13 feb 2019: 2018 - Full Year Results.
p IV Quote:
DELEVERAGING:
SUCCESSFUL DISPOSALS TO DATE. INCREASING DISPOSAL TARGET TO €6 BN
URW has set itself a strategic objective of deleveraging and has set a new Loan-to-Value ratio target through the cycle of between 30-40%, down from 35-45% previously......
As part of its new 5-year business plan, URW plans to dispose of almost €4 Bn of Continental European assets in the next couple of years, in effect doubling the disposal target set in December 2017.
unquote
Moet je nu nog alleen weten wie het genie (smeerlap) is die de LTV range 5% verlaagd heeft in 2018.
EN wie en
wanneer de beslissing genomen is om effektief naar 30% te gaan.
Want linksom of rechtsom zonder een emissie geraak je nooit aan 30%....
de toen aangekondigde disposal of 4Bn of Continental European assets brengt je nooit onder 35%.
extract uit persbericht : 31 okt laatsleden: 3Q cijfers
p24 Quote:
URW has entered into a standby underwriting commitment with six banks, pursuant to which they have undertaken to fully underwrite the €3.5 Bn capital raise, subject to the satisfaction of customary conditions precedent.
The proceeds of the capital raise would be used to immediately reduce leverage. Pro forma for the capital raise, LTV would decrease to 36.5% from 42.5% as at September 30, 2020. Pro forma for both the capital raise and the full €4.0 Bn disposal programme,
LTV would stand at 31.6%Unquote.