Wird Visteon eine zweite GGWPQ oder VRMLQ?
05.05.10 07:19
#401
Weke
Ich glaub net das es so schnell geht.
Us trustee hat den Antrag au einen Examinier gestellt !!!
http://messages.finance.yahoo.com/...=30778&tof=1&frt=1#30778
http://messages.finance.yahoo.com/...=30778&tof=1&frt=1#30778
05.05.10 10:21
#402
Jense
Wie meinst Du das?
Du denkst nicht, dass der Richter am 13.05 ein Machtwort spricht und final über die Commons entscheidet???
05.05.10 17:50
#404
Jense
Mal gespannt bis wohin
Hoffe nicht zu extrem, bin zwischenzeitlich kurz in WTN und hier raus... war wohl unnötig
06.05.10 00:02
#405
neurotizismus
unser heutiger anstieg
http://www.reuters.com/article/idUSN0517209620100505
tut mir erstmal leid für dich jense
tut mir erstmal leid für dich jense
06.05.10 01:19
#406
ButterCooky
05/05/10 SC 13D/A An amendment to a SC 13D filing
evtl. liegt der Anstieg auch an Davidson Kempner & Partners. Die Meldung wurde um kurz vor 17:00 Uhr unserer Zeit verbreitet und zu dem Zeitpunkt began auch der große Anstieg.
Die haben ihren Anteil von 7.87% auf 12.51% erhöht.
Ich denke sie haben mit die besten Infos und so sehe ich persönlich die Erhöhung positiv.
Quelle:
http://www.visteon.com/investors/sec.html
13D/A 25.3.2010 zu 5.5.2010
06.05.10 08:22
#408
Jense
Danke ;-)
Ist nicht so tragisch.... eben Pech gehabt... wichtig ist, dass das Ziel die Commons nicht zu löschen erreicht wird. Was ich allerdings nicht verstehe und deshalb rechne ich am 13.05 mit einer Vertagung der Entscheidung ist die Tatsache dass der Gläubiger eingesetzt werden darf... dieser benötigt aber sicher länger als ein paar Tage um die Situation einzuschätzen....
wie seht Ihr das?
wie seht Ihr das?
06.05.10 08:27
#409
sekko1982
Ich habe
es so verstanden, dass am 12.Mai erstmal geprüft werden soll, ob ein externe und unabhäniger Prüfer zugelassen wird, der dann beurteilen soll, ob Visteon wirklich Chapter 11-reif war / ist. Ein letzte Entscheidung, ob die common shares gültig bleiben oder nicht, dürfte dann ja erst später getroffen werden.
sekko1982
sekko1982
06.05.10 08:40
#410
Jense
Ein solcher Prüfer wurde übrigens
gestern bei Wamu abgelehnt! was zum fetten Kurssturz führte... sich aber wieder gefangen hat... Hier war die Richterin der Meinung, dass das EC auch so über genug Infos verfüge... in Sumem also eigentlich wieder mal kein Grund für einen solchen Abturz!
Ich schau mir das hier weiter an und werde bald wieder dabei sein, hoffentlich etwas günstiger als 2$ ;-)
Ich schau mir das hier weiter an und werde bald wieder dabei sein, hoffentlich etwas günstiger als 2$ ;-)
06.05.10 20:07
#415
Slater
steigt aber schon wieder
bei 1,9 USD war Schluss. 5 Mio Umsatz!
Diese Aktien hat Kraft, da wollen noch einige Hedge Fonds rein. Bei einem Kurs von 2 USD glauben die Hedge Fonds jedenfalls, dass hier 8 USD zu holen sind.
Diese Aktien hat Kraft, da wollen noch einige Hedge Fonds rein. Bei einem Kurs von 2 USD glauben die Hedge Fonds jedenfalls, dass hier 8 USD zu holen sind.
06.05.10 21:04
#417
Xentis
Was
ist jetzt wieder los , so was von in den Süden. Frage an diejenigen die schon länger hier sind ,reagieren wir hier auch schon so stark auf das Umfeld weil Dow und Nasdaq ebenfalls so runter.
06.05.10 21:40
#418
Slater
die US-Märkte drehen durch
nur Visteon steht wie ein Deutsch Eiche.
iss klaaar, die sind ja schon pleite (Chapter 11)... mu ha ha
iss klaaar, die sind ja schon pleite (Chapter 11)... mu ha ha
06.05.10 22:45
#419
Xentis
Ich
bin neugierig wie morgen in FFM eröffnet wird, denke wird mit dicken minus losgehen.
06.05.10 23:19
#420
Jones1206
pssst Slater und allen anderen Mitkämpfern
Ich schicke Euch mal die gute Nachricht .... nichts mit minus für morgen ..... schaut genau ..... der Strich ist nach 22:00 Uhr lokal .... aber so wird morgen eröffnet werden .... erinnert euch an den 29.04 - da hat es auch gestimmt !
Viel Erfolg .... und Besonnenheit für Morgen :-)
Viel Erfolg .... und Besonnenheit für Morgen :-)
Angehängte Grafik:
bildschirmfoto_2010-05-06_um_23.png (verkleinert auf 43%)
bildschirmfoto_2010-05-06_um_23.png (verkleinert auf 43%)
07.05.10 15:01
#423
neurotizismus
ist diese news an euch vorbei geschneit?
hört sich scheiße an
PR Newswire
VAN BUREN TOWNSHIP, Mich., May 7, 2010
VAN BUREN TOWNSHIP, Mich., May 7, 2010 /PRNewswire-FirstCall/ -- Visteon Corporation (OTC: VSTNQ) today filed a second amended plan of reorganization and disclosure statement with the U.S. Bankruptcy Court for the District of Delaware.
.(Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO )
The second amended plan of reorganization consists of two mutually exclusive sub-plans:
A rights offering sub-plan under which certain unsecured bondholders would have the opportunity to receive 95 percent of the equity in reorganized Visteon in exchange for $1.25 billion in cash raised through a backstopped equity rights offering. The remaining 5 percent in equity would be distributed among unsecured bondholders. Unsecured bondholders unable to participate in the rights offering pursuant to securities laws would also be provided with a cash recovery under the plan in lieu of receiving rights to participate in the rights offering. Secured lenders would be paid in full from proceeds from the capital raise and exit financing as outlined in the plan;
A claims conversion sub-plan, similar to the plan filed by Visteon on March 15, 2010, under which the term loan lenders would receive approximately 85 percent of the equity in reorganized Visteon and unsecured bondholders would receive approximately 15 percent of the equity.
Under both sub-plans the other general unsecured creditors would receive a cash payout.
.
Under the second amended plan, Visteon would retain its U.S. defined benefit pension plans. The second amended plan still leaves bondholders and other general unsecured creditors substantially impaired. As such, the second amended plan does not provide for any recovery to holders of Visteon's equity.
.The fundamental tenet of this dual plan concept is that if the bondholders deliver the $1.25 billion and exit financing, the company will move forward with the rights offering sub-plan. If the bondholders are unable to raise this cash, the company will 'toggle' to the claims conversion sub-plan under guidelines of the second amended plan and related agreements.
Holders of more than two-thirds of the aggregate face amount of the company's bonds have executed plan support agreements in favor of the second amended plan. While the steering committee of term lenders has not yet indicated a willingness to support the second amended plan, the company would note that the term lenders would be paid in full, in cash, including accrued prepetition and postpetition interest, and would thereby be unimpaired under the rights offering sub-plan and would be receiving virtually identical treatment under the claims conversion sub-plan to that which they unanimously supported under the first amended plan filed on March 15.
The company intends to seek approval of its second amended disclosure statement as soon as possible. When the disclosure statement is approved, the company will begin soliciting acceptances of the amended plan of reorganization promptly thereafter and seek its confirmation by the court in late July or early August.
Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; the company has facilities in 25 countries and employs approximately 28,500 people.
Forward-looking Information
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various factors, risks and uncertainties that could cause our actual results to differ materially from those expressed in these forward-looking statements, including, but not limited to,
our ability to maintain adequate liquidity to fund our operations during the Chapter 11 proceedings and to fund a plan of reorganization and thereafter, including obtaining sufficient "exit" financing; maintaining normal terms with our vendors and service providers during and after the Chapter 11 proceedings and complying with the covenants and other terms of our financing agreements;
our ability to obtain court approval with respect to motions in the Chapter 11 proceedings prosecuted from time to time and to develop, prosecute, confirm and consummate one or more plans of reorganization with respect to the Chapter 11 proceedings and to consummate all of the transactions contemplated by one or more such plans of reorganization or upon which consummation of such plans may be conditioned;
conditions within the automotive industry, including (i) the automotive vehicle production volumes and schedules of our customers, and in particular Ford's and Hyundai-Kia's vehicle production volumes, (ii) the financial condition of our customers or suppliers and the effects of any restructuring or reorganization plans that may be undertaken by our customers or suppliers or work stoppages at our customers or suppliers, and (iii) possible disruptions in the supply of commodities to us or our customers due to financial distress or work stoppages;
general economic conditions, including changes in interest rates and fuel prices; the timing and expenses related to internal restructurings, employee reductions, acquisitions or dispositions and the effect of pension and other post-employment benefit obligations; and
those factors identified in our filings with the SEC (including our Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2009).
.
The risks and uncertainties and the terms of any reorganization plan ultimately confirmed can affect the value of our various pre-petition liabilities, common stock and/or other securities. No assurance can be given as to what values, if any, will be ascribed in the Chapter 11 proceedings to each of these constituencies. A plan of reorganization could result in holders of our liabilities and/or securities receiving no value for their interests. Because of such possibilities, the value of these liabilities and/or securities is highly speculative. Accordingly, we urge that caution be exercised with respect to existing and future investments in any of these liabilities and/or securities. Caution should be taken not to place undue reliance on our forward-looking statements, which represent our view only as of the date of this release, and which we assume no obligation to update.
SOURCE Visteon Corporation
PR Newswire
VAN BUREN TOWNSHIP, Mich., May 7, 2010
VAN BUREN TOWNSHIP, Mich., May 7, 2010 /PRNewswire-FirstCall/ -- Visteon Corporation (OTC: VSTNQ) today filed a second amended plan of reorganization and disclosure statement with the U.S. Bankruptcy Court for the District of Delaware.
.(Logo: http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO )
The second amended plan of reorganization consists of two mutually exclusive sub-plans:
A rights offering sub-plan under which certain unsecured bondholders would have the opportunity to receive 95 percent of the equity in reorganized Visteon in exchange for $1.25 billion in cash raised through a backstopped equity rights offering. The remaining 5 percent in equity would be distributed among unsecured bondholders. Unsecured bondholders unable to participate in the rights offering pursuant to securities laws would also be provided with a cash recovery under the plan in lieu of receiving rights to participate in the rights offering. Secured lenders would be paid in full from proceeds from the capital raise and exit financing as outlined in the plan;
A claims conversion sub-plan, similar to the plan filed by Visteon on March 15, 2010, under which the term loan lenders would receive approximately 85 percent of the equity in reorganized Visteon and unsecured bondholders would receive approximately 15 percent of the equity.
Under both sub-plans the other general unsecured creditors would receive a cash payout.
.
Under the second amended plan, Visteon would retain its U.S. defined benefit pension plans. The second amended plan still leaves bondholders and other general unsecured creditors substantially impaired. As such, the second amended plan does not provide for any recovery to holders of Visteon's equity.
.The fundamental tenet of this dual plan concept is that if the bondholders deliver the $1.25 billion and exit financing, the company will move forward with the rights offering sub-plan. If the bondholders are unable to raise this cash, the company will 'toggle' to the claims conversion sub-plan under guidelines of the second amended plan and related agreements.
Holders of more than two-thirds of the aggregate face amount of the company's bonds have executed plan support agreements in favor of the second amended plan. While the steering committee of term lenders has not yet indicated a willingness to support the second amended plan, the company would note that the term lenders would be paid in full, in cash, including accrued prepetition and postpetition interest, and would thereby be unimpaired under the rights offering sub-plan and would be receiving virtually identical treatment under the claims conversion sub-plan to that which they unanimously supported under the first amended plan filed on March 15.
The company intends to seek approval of its second amended disclosure statement as soon as possible. When the disclosure statement is approved, the company will begin soliciting acceptances of the amended plan of reorganization promptly thereafter and seek its confirmation by the court in late July or early August.
Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; the company has facilities in 25 countries and employs approximately 28,500 people.
Forward-looking Information
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various factors, risks and uncertainties that could cause our actual results to differ materially from those expressed in these forward-looking statements, including, but not limited to,
our ability to maintain adequate liquidity to fund our operations during the Chapter 11 proceedings and to fund a plan of reorganization and thereafter, including obtaining sufficient "exit" financing; maintaining normal terms with our vendors and service providers during and after the Chapter 11 proceedings and complying with the covenants and other terms of our financing agreements;
our ability to obtain court approval with respect to motions in the Chapter 11 proceedings prosecuted from time to time and to develop, prosecute, confirm and consummate one or more plans of reorganization with respect to the Chapter 11 proceedings and to consummate all of the transactions contemplated by one or more such plans of reorganization or upon which consummation of such plans may be conditioned;
conditions within the automotive industry, including (i) the automotive vehicle production volumes and schedules of our customers, and in particular Ford's and Hyundai-Kia's vehicle production volumes, (ii) the financial condition of our customers or suppliers and the effects of any restructuring or reorganization plans that may be undertaken by our customers or suppliers or work stoppages at our customers or suppliers, and (iii) possible disruptions in the supply of commodities to us or our customers due to financial distress or work stoppages;
general economic conditions, including changes in interest rates and fuel prices; the timing and expenses related to internal restructurings, employee reductions, acquisitions or dispositions and the effect of pension and other post-employment benefit obligations; and
those factors identified in our filings with the SEC (including our Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2009).
.
The risks and uncertainties and the terms of any reorganization plan ultimately confirmed can affect the value of our various pre-petition liabilities, common stock and/or other securities. No assurance can be given as to what values, if any, will be ascribed in the Chapter 11 proceedings to each of these constituencies. A plan of reorganization could result in holders of our liabilities and/or securities receiving no value for their interests. Because of such possibilities, the value of these liabilities and/or securities is highly speculative. Accordingly, we urge that caution be exercised with respect to existing and future investments in any of these liabilities and/or securities. Caution should be taken not to place undue reliance on our forward-looking statements, which represent our view only as of the date of this release, and which we assume no obligation to update.
SOURCE Visteon Corporation
07.05.10 15:07
#424
Slater
also ich verstehe das so
wenn die Anleihebesitzer 1,25 Mrd USD aufbringen können/wollen... kann die Firma fortgeführt werden
07.05.10 15:32
#425
Slater
wir kommen dem Ziel:
Raus aus Chapter 11 mit dem Überleben der Altaktien immer näher