By my calculations, $17 AFGHA implies a 54% chance of default by AFG assuming 2017 maturity and coupons at 210bps over benchmark.
I'm not too familiar with the capital structure of these notes, but would assume noteholders are senior to equity so AFG would have to go to zero before notes take a hit?
By my calculations, $17 AFGHA implies a 54% chance of default by...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.51 |
Change
0.015(1.00%) |
Mkt cap ! $408.8M | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.51 | $1.44 | $775.6K | 521.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 136411 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 12418 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| AFG (ASX) Chart |