Providence Resources - PVR Stream Log

Sully you turncoat, thought we had a deal you wouldn't publish anything this week. WELL DONE

doesn't sound like a company about to run out of cash is what getting from the summary

no info but tony is alive.[link]

Will we be complemented with an RNS before this hits zero. The wait continues!!!!!

Can anyone shed any light on what PVR are actually doing in the interest of the share holder? I cannot see the logic in saying nothing to your share holders. Will this be a case of ‘’we were close to an imminent deal but market conditions didn't favour the company after 3 years of trying to find a partner’’

It is Sequa issuing the bonds not PVR. It is just a form of tradeable debt, the yield increases and decreases dependent on the value attributed to it. Unsecured is just like a loan that is unsecured i.e. no fixed or floating charge for non repayment. If the deal is not still on the table PVR would have had to make an announcement. Does anyone know hwo the bond issue is progressing?

57 soon to be 27 and its game over

Not sure but may have quoted an older Sequa bond issued. Apologies, if I have, as previously stated, totally outside my area of expertise

If memory serves me correctly, Sequa appointed Aneo Capital SA to manage the issue. The bond is listed on Euronext as SEQUAORNFRN31DEC20. My understanding is that it's not underwritten by an independent party, so that only leaves Sapinda to possibly underwrite it. The bond issue is totally outside my area of expertise, so if anyone cares to contribute further, please do.

Hi Spuddy, what's your knowledge of bonds/bond market like???