@Noahpinion Good thread but hard pass on the zakkyo model imo. causes buildings to be ugly / just billboards, the neon jungle gets tiring quickly, walking around is less pleasant due to density, low neighbourhood charm, canโt peek inside from street level (opposite of serendipity).
@jeuasommenulle Both? If they raise less / none via rights issue and more via sales or stretching a bit here and there -> s-t relief on the equity but worse l-t for credit folks?
@jeuasommenulle It's the annual step down though, not an ad hoc move (started in 18 if I remember correctly), and it's a forward rate that drives the extrapolation from spot after the LLP๐ค
@jeuasommenulle Strategic defaulting? Don't you have to give that data to get a loan to begin with? If the wealth is there (or rather "somewhere"), why did the loan need restructuring in the 1st place?
@MiAirports Grazie, proverรฒ ma dovrรฒ chiedere a qualcuno di chiamare per me, I numeri verde non sono disponibili dall'estero. Sarebbe utile avere questa informazione sul sito. Grazie ancora