Voya Asia Pacific High Dividend Equity Income Fund T.IAE

Primary Symbol: IAE

Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of dividend yielding equity securities of Asia Pacific companies. The Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in dividend producing equity securities of, or derivatives having economic characteristics similar to the equity securities of Asia Pacific Companies that are listed and traded principally on Asia Pacific exchanges. The Fund will invest in equity securities and will select securities through a bottom-up process that is based upon quantitative analysis. Voya Investments, LLC is an investment adviser of the Fund.

NYSE:IAE - Post by User

Voya Asia Pacific High Dividend Equity Income Fund > FPF-1 value

<< Previous

Bullboard Posts

Next >>

Post by KeithR39on Aug 12, 2016 6:10am

148 Views

Post# 25134444

FPF-1 value

I heard that this thing would have a 1 to 2 billion USD value. Seems to me that most valuations miss a littlte detail: Ithaca share in FPF-1 will more than wipe out the whole dept, leaving the coming 28k b/d free to shareholders...

"These transactions include the transfer of ownership interests in the FPF-1 floating production unit to the Company and Dyas BV while granting Petrofac the right to earn a 20% interest in Stella / Harrier"

https://www.ithacaenergy.com/media/news/greater-stella-area-development-concept-select

At what point the FPF-1 value will enter Ithaca balance sheet?

all in my opinion

<< Previous

Bullboard Posts

Next >>

Invest wiser with BMO's InvestorLine Platform features