This week two ideas from senior relationship managers, Ben Taylor in Sydney and Jake Koundakjian in Brisbane
![traders traders](https://thewire.blob.core.windows.net/web/images/default-source/default-album/traders.png?sfvrsn=85f6b05a_0)
Add JC Penney - Ben Taylor, Director (02) 9697 8731 ![bentaylor bentaylor](https://thewire.blob.core.windows.net/web/images/default-source/default-album/bentaylor.png?sfvrsn=fbf6b05a_0)
One of the bonds that we added to our offering in the middle of the year was the 2023, 5.875%, USD fixed rate bond from JC Penney (JCP). Given recent price action, I believe it is worthwhile taking another look at this bond.
JCP is an icon in the US retail sector and traces its roots back to 1902. As at July 2017, it had grown to operate 1,011 stores in 49 states across the US.
The 2023 bond is the only secured bond in the JC Penny stack and rates higher than all the other bonds issued by the company.
After issuing a warning for their 3Q17 results in late October, JC Penney actually reported a surprise result, beating its poor forecast. Management struck a positive tone on its earnings and indicated that they would consider a proactive refinancing of near term debt utilising free cash flow.
Following the release of the profit warning, both the equity and bonds were heavily sold off.
We believe this now presents a buying opportunity given the better than expected results making the sell off look like an overreaction. The bonds are rated BB-/Ba2 (S&P/Moody's) and with a yield to worst a very attractive 6.74%.
As a refresher, the business is a merchandiser primarily selling through department stores, as well as the company’s website. Unusually, it uses its stores to fill online orders, reducing the costs associated with a centralised warehouse model.
Our external credit researcher currently has an Outperform rating assigned to JCP citing that “we continue to believe that the company is showing signs of adaptation to the changing consumer dynamic in department store retailing…” with current fashion trends driving the store to offer a more trend centric mix that includes casual/athleisure wear.
Note this bond is available to wholesale clients only.
![](data:image/png;base64,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)
Barminco, worth reassessing - Jake Koundakjian (07) 3231 6629 ![jakek jakek](https://thewire.blob.core.windows.net/web/images/default-source/default-album/jakek8cb4d4c55342640fb48aff0000bceb90.png?sfvrsn=20f6b05a_0)
As a keen market watcher, I’m casting my eye over a broad range of securities and since mid year, the USD denominated Barminco 6.625% May 2022 bond has been on my radar. The bond sold off at the cheapest level we have seen since first issue and was available under par in August (see Figure 1). Since then, economic data and market speculation indicate better times could be ahead for the company, see below.
Who is Barminco?
Barminco is the market leader in underground hard rock development and production contract mining in Australia by number of contracts. It operates in Western Australia, Queensland and Tasmania in contract mining and diamond drilling projects. Half of the company’s revenue is linked to gold with its balance also linked to copper, zinc, lead and tin. Over the last three years, it has successfully decreased financial leverage and has shown a good track record of contract renewals and extensions.
Recently, Barminco was awarded a three year extension to two existing contracts worth $236m at Western Areas. These extended contracts represent 15 years of service at Flying Fox and five years at Spotted Quoll. As at 31 December 2016, the two mines contributed in aggregate 11.5% to Barminco’s total revenue.
Importantly Moody’s has recently concluded their review on Barminco and affirmed the B1 corporate family rating with the senior secured notes also affirmed B1. The bond is potentially callable in May 2019 at just over $103.0 clean price. If called, yield lifts to 8.695%pa. This bond (Factsheet here) would be a welcome addition to a diversified high yielding portfolio.
Barminco May 2022 clean (without interest) price
![](data:image/png;base64,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)
Source: FIIG Securities, Bloomberg
Figure 1
Market trends that have us looking at Barminco
1. Gold is on the rise. Is it the current North Korean madman or a few other fears such as the debt ceiling, stock valuations, Trump, etc.? I’m unsure why but traditionally, the shiny stuff gets love when investors are scared. Barminco has a 63% exposure to the booming gold sector, which according to The Australian, “is experiencing some of its best conditions on record”
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viXXkeladOGJdO4qXsJUuW6NfCexM2QijsxhAwBAwBQ8AQKCYCCBObNm1yM2fO7EIgz8aMGeNOnDgR/O3evdv17t3bbdy40X396193b731VhD/93//9+6yyy4LBZFqeepC4tLt27fPLViwwO3cuTPIf8OGDe7b3/52mL/Oo7BHzGsi7d4QMAQMAUPAEOjOCKxcuTKoPgO/Dgz4O3bscMuWLdPRwf0DDzzgPvaxjwWCBxHTp08PhIK9e/e60aNHu7g8/YzqTee/p3+bZkOjYfeGgCFgCBgChkCJEMAsMmjQIDdw4MDQjDJ//vygBmPHjnUrVqwINQ39+vVzQ4cOdS+99FIiNSQv8qcczCizZ892Tz75ZCjc6EJM2NBo2L0hYAgYAoaAIVAyBNBuvPHGG4HW4tVXX3U/+MEPAr+OOXPmuA9/+MOuT58+gTCAsIFwMnLkyMRqiPbktNNOc7/85S/dyy+/7G6++ebIvE3YiITFIg0BQ6DsCGx78Q238O7N7oFNL5a9Kka/IVA3AmgbrrjiijA9JhDx5UAQGTFiRPAXJmjhBufQxx9/3D333HPu0ksvdfv373ePPPJIpAOrCRstAG2vGgKGQHERuOvBHe7JXfvdXQ/tcIeOvF1cQo0yQ6AFBMaNG+cGDBjgHnvssSAXnELXr18fqb343Oc+52bMmBFp5miBhPDVQ4cOue3bt4e/9Y0JGxoNuzcEDIG2QWDny28GdTn29n+6g0eOt029rCLdEwEcQ/GLWLVqlZs6dWq4jLVv377uzjvvDJw/eX7xxRe7++67L3AARfA45ZRTQl8OVqzcfvvtIYBxeWKW6d+/f6ihiEuHmeakk05yvXr1CsoYNmyY+9u//Vs3ZcqUsAy5sdUogoRdDQFDoK0QQMiQcFzdS5xdDYEyISArQqJonjRpkjt69GiXR3HxkrBangcPHpRk4aqVMELdVMtDJXOm2dBo2L0hYAiUEoFHn3m1wj/jlQNvVdRj/8FjFb/thyFgCGSLgGk2ssXbSjMEDIGEEUCQ+M6KpxyaDHw0Jpz93i4+GseOd2o5Ei7esjMEDIE6EDDNRh0gWRJDwBAoLgIr1j0fCBpC4f3r93QRNvYf7KpilvR2NQQMgfQRMM1G+hhbCYaAIZAiAo89+7uK3FnqOvK9fSvi7IchYAjki4BpNvLF30o3BAyBFhF48bVDFTlgTnnwscodEl850HEoVUVC+2EIGAKZIWDCRmZQW0GGgCGQNALaEfTknp3dmSx7Tbo8y88QMASaQ6Dz62zufXvLEDAEDIHcEHhVaSzOHz3YnX5qv0haXn3DNBuRwFikIZARAiZsZAS0FWMIGALJI/DK/s4lrsMH9XFXTkzuzIfkqbUcDYH8ENj87O+C5eEPP/HvuRBhwkYusFuhhkB6CEin0h3OBNG+GMMG9nZXfeR0N7j/yV3AtdUoXSCxiG6GwOJVTwdLw//uZ9tcHvvOmLDRzRqcVbf9EfjhQ93nTBBtHhk2qLfDb+Oj55/Whcm2g2gXSCyimyEgAgYO1Nv2HMi89iZsZA65FWgIpIuArM6gU9EOlOmWmk/ur6qdQocP7hMQcc2UswKhQ1P0+pu2g6jGw+67NwJP7TZho3u3AKu9IdAiAjJ7kWy0T4PEcQLqPWt2BvbbX259WaJLc9Vbk7+yv9PxE58NAmaUqy85s6I+ptmogMN+dDME/FOP81itZZt6dbNGZ9VtbwR83wTt00DN8ee4bcXWcIfNbXvecGPPGOhkoC46OnprcmjvpZa7al+Nay//gOPvv93ycFAlO/W16Jw1+tJEwG//fDtoPvVy8TTLJ28zo6SNsOVvCGSIwH7PXLDPW/KJP4ee5dDhbN21P0MKWysK5zZoJnCVuvTrHT1vks5U0rVWur1tCLQHAnw7Ym7NqkYmbGSFtJVjCGSAgO+j4Ws2tI+DkLM1B/utlN3IFa0MJpSo0L93r6hoN7j/KWG8CRwhFHbTzRCIavscWphlKLSwsXz5ctejRw+3bt26EBOJI17+Ro0a5Y4c6bDd+s+XLFkSvBsXH2ZsN4ZAGyBQzWeD2YxoBXRVGcCLvkwWutHKxIU4zYaO901McXlZvCHQbghECRs7XvqPTKtZWGFj1qxZbtOmTW7mzJkVgMyZM8edOHEi/Fu2bJm75pprXO/evd2+ffvcggUL3M6dO4PnGzZscDfffLPjGhW/a9euirzthyFQdgT0UlDqojUderDFR0ObGDBP6LRFw+FfHn2hqtq3f59oM8rgAZ17bviCWNHqaPQYAlkigN9GlqGwwsbKlSvd7bffXhWLw4cPu+9+97sOwYSwevVqN3v2bDd69Ojg96RJk9zkyZPdjTfeGBm/Zs2aqvnbQ0OgbAhogQLamdGI57kebIcP7u1YIqpDkX03Hv713pDUqH00tLkkTBisTOk0o0StzNFp7d4QaFcEDr51vEvVmFzoPqFLgoQjoqcDCReSVnb333+/GzlyZCBQUMa2bdu6FDV+/Hh36623hmkkAfHNhkWLFjX7qr1nCKSKwLaj5znnKo9X/8YP/9V9sNezbv87A51z5wTl733hOfd7e59zZ/Yc6V54+31B3D/9dJ3b9NBzqdLXbOZ7j1zknOvoro49+6Bzjt+d4ZnfPOUWLfppZ8S7dy+8zfblHfVb+bP/1216qFNo6ZLYIgyBNkXg1XdOdc51TMJ1FX94z/3uK5+/Rkeldl9aYUO0GnfccYfr2TPbaixcuDA1hljGhkArCHx80SPOHXm7IovfvTPIfeJz/93t3Pume3rVb4JnH/nwBe7P/vDjbuvz+91Xf7w5iDvca5hbuPDjwT3OmCt+9bybPn6Eu/yijsG6ItOMf8gSVkw/X1t4k6Oe2g790f8y0V17+ZwuVOGLgomIcOFH/ov77IwOYatLQoswBNoYAc5D2fHut6+rOWTUBfpnqveFNaPUqjVajddee81NnDixatItW7ZEPo+Lj0xskYZASRDQA/AlHxwWUr30kV0VKtNB/Tp8Gc4/a7ATJ0ptcrn74d+G5yik5cshZ7jUOhhKq3rFXHKGd7prr5OiuzK994bOJwTGbgyBboDAQTUB0d+EmFizgCD6C82i5BbLuPfee90tt9wSOIZKVldddZVbunSpE8fPjRs3uvXr1wdxUfHTpk2TV+1qCLQdAnMv61SbsuJE+z3oDueC0UPCustyOPH9YBVIWr4c+mAoLSSFxLx7c+ztd8IoEYxka3J5MHxQb7mtuA4e0OmzIXWqSGA/DIFugID+vvQkJEsn0WztDw0wFafPVatWBW9wHTx4sNu8eXPg/IkQ8fTTTztWouiAQ+jixYvdmDFjwui1a9e6KVOmBMtk/XhxJA0T240hUGIEdIeCuWHMaQOCQ8lkS3K9iY8M2lR33KhB4f4VG7bvczMvObNCC8I+HGmYUkTTgEDDDoeaJs0GSUecrDoZ+d5KvxSdXt9roUpvba7T2L0h0J0QQKvJajQ0llFL4dPCorCaDVaj6CWur7/+esUqkx07dlRoNQQgf2ksggYhLl7es6shUHYE9JbEYm74sz8cG7kV+RA145949nvDqss2xmGEc4EgkvY+HFqg0GVzr8816ffu5l2nn1opbPiaDslDb8Numg1Bxa7dDYHDRzv9uJiIcERB1qGwwkbWQFh5hkA7IoC2YMHsceGeGlJHPeM//dR+oUDCTOffvMPZ0Jjc5W1zLvkkddUChZ+nXrIq2g9fuNBnpPjvS12pm9b++OnstyHQrgj4PhvnjPy9zKtqwkbmkFuBhkA6COiBVA++Y08f6D51+QcqChUNgUSeP3qw3Lqo7csZqJO07/pOp1qgCAmJuBHBwXcQlfiIV9wZQ/uF0UnWIczUbgyBkiFwgfresyLdhI2skLZyDIGUEdDCxhC1cybF4odx1UdODyiYcPZ7g2PYNTnnjxoU/vQ1G/IgTc/1arZjfb6LrDpBwyFaDug7uedJQmaXK74rEtKsg5RhV0OgaAjovoGJCNpM2UE4K1pN2MgKaSvHEMgZAfw3fn7r5e5//knlhliQNeFsNv3pCHED/65XDkqSxK9VfTbe6TjllUK1BuPqyWcGdOC8quN94rTKeHvG50H4tNhvQyAPBA4d6dxBFH8tBA1/B+G06SrsapS0K275GwLthoDeklibUeqpJ4M1GgB/5q/jntv7Zj1Z1ZVGz7R4QTuw+RloQUTPxuZNG+P4qxXeP0JpNhKsQ61y7bkhUGQE6v1+kqqDaTaSQtLyMQRyRkAP4LIapRGSouy4Y0YMCNWtLJ2N03o0Ug5pNa381g5sfl7aedR3DPXTRv1GZSwmF3xF/LKj3rE4Q6CdEDj4VudqlEYnIknhYMJGUkhaPoZAyRFgvw0/DBvYO7DvSryv+ZD4Vq96Wep9a593C+/e7LgS9LNmy9HaDXMSbRZFe6+sCGgBu5rJMc36mbCRJrqWtyGQIQJaO6DNDfWSgN9G1HtoNySkNVCjvUBzMv+uTU62Sl/6yM5AC6FnZcNidgoV+uKu5iQah4zFGwLZIGA+G9ngbKUYAqkjoGcvcvZJI4UiaGBy0NoLtgEXEwR5vfS7w41kGZvWX+qKEPPFOzdUmGkw2bBRmdZsVFt1ElsYZ92qfQXMSbQaUvas3RBgQz691LzZb6hVXEyz0SqC9r4h0EYI6D0ppFpZmCAQLKL8QV7cdzjcOh1hqFkVsK4Dp99aMAS6CwIr1u0Oq/rR809r+hsKM2nyxoSNJoGz1wyBoiGgV3REmUPqodc3U+Boqk0Q+nyVevJrNA0bkGlH1a2794dZoHVpNvhOorVOmm22HHvPECgSAmg7RauBhvLLMz+UG3kmbOQGvRVsCCSLgPbZaFYDcLp3wNnJvd4TmFFkoEf7oM0szdZA0yp5sNnYousmuHNP7zy3QZfVzEoUyZurPu3y7362za169IXAETXtc180DXZvCGSJwJ7XDoXFsetus5OQMJMWbkzYaAE8e9UQaDcETldbe1M38dfQ5pUkzBDav4RyEDS+Nmd80Bn2O6XTlUwfb+8fvtYo9p+bcU7FGTCc9/Lkrv2pn/vSKJ2W3hBICgH9rWpH76TybyQfEzYaQcvSGgIFRkAP4M2upffPHBFh41zlYJn0TqJzLxsT7Goqsy6tldF+HCzDbSVQl6hD6ShDVM2t5G/vGgJFQ0A7dI/0tJZZ09o5hci6ZCvPEDAEEkXA35K4mcwZkPkTwUU817VWQZs2mimj1jtx5hKtXamVR9xzOZQOrYYO+9885txpOsbus0bg0Wdedfdv2OMuPneoQ+hd8avn3fTxIxzb0VtoDAGwvOuhZyuEaH8i0ViOrac2YaN1DC0HQ6CtEODMEfa40Ae2jT2jc8OvJLYtf/WNIyFmWpNBpGhTwgTv3ojfiB/f6G8Opdv3xhGHr4ZoTkyz0SiKyafHj4at6TFtoeWCNyyJxtcmrk0kT0V75ChY6trkbUYxYUNzw+4NgRIjoDe/ataMQvWjzkxAIOCPwUA83IcP6pMIWmI+kcyitlpHI+ELJZK+metnZ5zjhg7sHfhr8L4WfprJz95pDYFtL74RLnEmJxECReBA8LVQHwI+lryV55JXodqEDUHCroZAyREQ0wfVSHJgFliYGW1+9nfBTxzPkhI2JH+5+rQjjNwwK/kle2xYJuHVA52aFomza3YIrN+2L7YwzHYmbMTCEzzgu8TsNPW84RVCG1qhr825oPrLGT01YSMjoK0YQyBpBOhgUJdmZQJgvw0RNtiFUy8lbbRuWjCK0sKIFoV8cSBNyoSi6Rw84JTwp96lNIy0m8wQePSZeGHDdnytzga0jd9cviU0O+lvZfK5p1Z/OcOntholQ7CtKEMgSQR++NCOWEFDHDuTLG/08P5hdi++1tq25bWcWcUpkBnt7KlnheUmeaM1M6/sN81Gktg2khfCcrXN4vTyzUby7S5pV6x7vsLspB24zx89uDAwmGajMKwwQgyBxhB49cBbkS9c9ZHTUzGj6C2/t+05EFl2UpHXXv4Bx1+aAe2JOMgumC8AACAASURBVCJmpR1Ksz5lzfvftr4Skq5XQkkkvGH27pvX5Hl3voJL3KZ0CNNaoM4bJxM28uaAlW8INIEAjnPiREcn/E83XdpELo29gnpWBgM6OWZQeivzxnIrRuphg/qEs2oGtSJ1zsVAKH0qHn+uww+Ikq646H3Bzq5+qZuffc2WwPqgOOe0VsN/fMkHh/pRuf42M0qu8FvhhkBzCGgfg369ezWXSRNvXTB6SPjWN5c9GTurChPF3GizRZ4z1iEDTg4pNCfREIrMbvDdYakrAS3TH00+I7LsrbvT1aRFFlqCyF9ufTmWynGjOperxybK8IEJGxmCbUUZAkkhgGZBgh4wJS6t69zLRodZowlgcyzt7Bk+bOAmykG0gddbSopmQ8Lrbx6VW7tmhACbT0kYe8bAQLMUtaeG3rZe0nfnK47aC+/eXLHyROOB4KYnBvpZXvcmbOSFvJVrCLSAwKG33g7fjtqXInyY8A1mE3xCJMg+CPK7bFe9BbppNrLn3vrtr4WFsmyTwKZyBPaGYNAkINjyZ8EF5ktWn4hGCEz8lWEIblFCW574mbCRJ/pWtiHQJAKVZpRsXa/+7A/HOnbhlKC93yWu1vXY2++ESdJYORNmXuOmYq8NtatpjdfscQIIIKjiiyFB9tJgU7mf33q5W3DNOMegKcG0Gx2bnS1e+ZvQX0uwudozP40bVZxVKEKjCRuChF0NgRIhoM0og/p1+h1kVQW9DLbRfRCgXehn9pWnz4Y+h8Vmzlm1no5yEB7EyRmNWZRzrh40zW/DufvWPh9oNjSnLhg92J1/1uCK70gEN50u7/tsp0R519bKNwTaBIFDR7UZJXthQ5+zELUPAsvx1j79SnCoFktmOWuFAeWaKWc5vWxWL6fNgzVa0AkOY8uDiG5YphwUJlWfPDZ65QQD6dJHOlJ1d80GGkRWn0hgabjeg+bKiacH3xmYsb1/0YIJG0XjiNFjCNSBgGgGSJqHbRbBQe9RgZOo0HHPmp1BpwdtHKRFYAaLjRkhRO9wSD55Bu0gapqN7Djhn0gat0zz3NMHVrQzeCQaEL1Ft/Yjyq4W2ZXE96PNJwgTWtCAkqgzjbKjsHZJJmzUxshSGAKFQUA62D37DoU0DVHbboeRGdwgKHDoEwGhAtXtqkdfCAUN4kVNLuTwW/t4nDPy9+RRLlcEJrQbCG8ITFpo8gkS7O3Ycx+Zxn6DsRbsmInHCZ3wB78NcYZcsW53sC8K5hXZY4K2hzOpCLuNUVPc1Fr7c/rQvuF3AyZpnBWUNhImbKSNsOVvCCSIAFuU+1s7a1NAgkXVzIpBQIQNBIh+fXq6nzz829j3mJHqQYaEeZtRoAG6RFO057VDkSponsv5Ewx8bAMtM+zYCtuDSATAWAIz9EXXTpCfkVcECxE2ZLdM+c0LCLA4TGctbGx9fn8gWLOKplXNigiyrCxjf4wzhvZz31nxVCis6+8mrbOCIsFPMNKEjQTBtKwMgbQRiNqiPMtNvXT9tJMou0A++NhLYeeo03HPQLDkht93zNaWPrIrmKVx/ok2qfjvZPUb/5NQaNr7ZqSwIbNooSnNU2+ljHa9ah8f7fsTV1/ttxGXBmEw67Z0231bAyG1Fc2KCBnP7X0z3K+m2kZdfEe++SQOk6LFm7BRNI4YPYZADAKon32zBAN2XpoNPVDomSZqXhxBcQqVIBoM9gPw9wSQNHldR763b1j0S7+LPmDusWc7t9Qm8VO7DxSuHmElCn6jMdbYx5Gt/Tbi0ryy/61gRUbc86Tj0WqINoxvUsyIjZbT6KnN8h01Wk4R0tvS1yJwwWgwBOpA4OCR42EqbNzsRXDDzA+FcVnfQAOChR/Yh8Nfehdnk/ffzeP3Gaf2C4vVKn6JZDDxTVdauJJ0dq0PAY2xxj7ubfHbiHtOvAz81dIk9QztHM6aOmg/JB1f7Z52pc0jpEU7gzAuJiF/IlHk76haXXlmmo1aCNlzQ6AgCOgdLvv3Kcani60ap1AJaFr4QwujQ96OoJoW/15raLSKX9JFma4YXKo5k8q7du2KwIv7OrVHGvuuKTtjtN+GxDIgSzs7cKhz+355nsYVAWHxqt+E5UoZje41w3u+AEvcxLPf6z474xzJNjA3fvHODeHvIn9HIZExN12nJTEJLdoQMATyRUCf3aGXbOZJ1acu/0B4GiczMrQaBAYCmZ3xu8jqX2aPQiszZBnABFe98kfiuKI6t9A4AjKbR2Phz9zjcsNvQ4f/+ScXVWj1stJssOOp3z6gK0pI1fRG3WP68YMvTPjawyJ/R35d/N+FFjaWL1/uevTo4datW+fT7WbNmhU84/moUaPckSNH3OHDh92ECRPCeJ7Nnz8/eFfyIo6/JUuWdMnTIgyBIiOgO7l6O+m068OAgSkHk87X5lxQYVbRZ1xk7bzXaL21Ol8GQ8njlQNH5LbiKk6lFZH2oyoCGttGBGbx25DM0YgMVku+9fb9kiaN6+otnaes4qgpZkTqhf9FI0LPi691aniE1ihh4up3jwZAmC/6dyT1iLoWQxcbQRnCxJgxY9zMmTO7PJVnJ06cqHiGsEFYu3atmzJlSvhs3759bsGCBW7nzp1u9OjRbuPGje7qq69206ZNC36HCe3GECgwAroj63dKYT/dEMGibzIUEsry18F9whUpzDi1bVw7NDLDFn+Np3Z3HI2u87H76ghoU+Dwwb2rJ1ZPGdTFZMeeGgjb+nydV/ZHC4Qqi+AWARHH5UvPGx5q5Pw0cb8R9vVZLpdfOMIdf/s/QzMiy3IffuLfAzpxkK41IXjVO4snTphgp1D+yh4K22OtXLkywBbBQgcEhx07drhly5bp6Kr3q1evdrNnzw4Fi0mTJrnJkye7NWvWhHFVM7CHhkABENCdU62OrADkloqEYYM6Bz5fk6Fn42zoJcIGZhRs+DK7LVWFcyJWmw4a3acEXwbtz6Dfr1ez8Z37ngqcMtn6XDti1gMHS1LhN4H9QdAyYEakveA0SuA5PkwIHuyHUW2ZqvbZ+PZ1EzJdTRMQm/G/wgobcTjs2rXLDRo0yA0cONAdO9bhFHTjjTe622+/PXxl6tSp4T1ajm3btoW/5Wb8+PFy2/B10aJFDb9jLxgCrSLwzPGznXODgmwefuB/u00Pvdlqlvb+uwjsfZuzOc4Kfj3w8Fr3zCOdTq9PH6Wv6Dh/5lcPLnW9e3zIHTnBzPo/3Te+83duQI+DhmOdCLzw9kjn3PuC1L95Yr1btLVjUlnn612SndzjQnfsRK+AF1/71h2uX4+upgl5CZ69EvCyQyi47a+/5/r0qE8jQh5bjn7QOdc/yO7oy1vdokUPB/cnOec+2GuQo26HTnQso6Zt3P3wb932dfe5k1yls7TQs+3ohc65XsHP/730R+5nPTpXm0matK+4IMydOzftYoL8SydsQDXajTfeeMP17t07uMc0ggYE08nmzZtD4PDTmDdvnpszZ04Y1+rNU8fHunlXfqTlHeNapcPe734IzL9rk/vdu9uDf+4zn6pQ9Xc/NJKtMZsrff2fnggyPfPs893COfPCAv7bLR2DChG3/N9/EaxGQF1OmDTtajfzXZt6+ILdxCLASo4X3sXu4zNnBNuMxyau48E3lz8ZahVGXPAHoYNy1KtoHx5b/mT4aPbca+vWJqDd+vTiXwXvosn6Xzf8SaSZhDK078Znv/DfI3eaRRiZ9b/+vzA/2lW7h0I7iNYD/tChQ90VV1wRmXT69OkOv449e/Z0eb5ly5YucfVEHHhngLvroR0NOQLVk6+l6d4I0EktvHtzoH6NQoLOSe9PwLbGFpJDQPsPaFW/9pMRtf256jwXNveyUD8CehkxfjKthunjTwuzQADU/AofvHvjL0/VfPbT+r8ffmJvGMVW9XFmTEwzbDUuQfuoSBxXbUIps9OnrlOt+9IJG+PGjXMDBgxwjz32WFA3nD3Xr1/vRo5EPVcZ8NVg5cn111/vli5d6jDBEOQdHESbCXT8+pjsZvKwdwwBjQCzIXwBEGT1qhNJQ0cq8TgvxnV2kt6ujSGgV0ZoHw19LwIJZ8JIeHLX63Jr1xoIIAjo5cIivNV4repj7VRJv1xtq+/t72oFJcNqgomkkevqX3cKG/jtVAu6Lenl6vodLegkIXTpvIt6X1hhA7MIgsKqVascPhhDhgwJhIW+ffu6O++806G14PnFF1/s7rvvvsDRE/NK//79g3iefeUrX3Hbt293l156qVu8eHGwusV/p1nG2IymWeTsPR8BBjTp+HwNhqTl3BEJV08+Q27tmhACqMZFgEOokx0h9795NCxBtEkIe7IvB2kxb4lZJUxsN10Q0OfLJCkwXzmxc6JJGXGB80d0qHcjMFawiNAJ3xFwqgVpR6SRCYKfXi97Pf3Uzu3y/XTt9LuwwgarUTCByN/rr78erhxhNcnRo0fDZ7LMFZPKwYMHw/jdu3cHfh0wDL8NyYurvNMsM6UzavZ9e88QEAT0bI84f4MgTCzS3ujILj2/U3Usedi1dQQuGD0kzITD4gh6ZYpesaLTMhihmYobWMJMu/ENwrSc2AoMcy8bnRgaLImVFUGUw/fiB9nxVceLgK/jou61VgNBQ8qKSkucXpYeV4ZeWTZsYOdKqLg82yG+sMJG0cGVZW9Fp9PoKz4CO176jwoi9b4OPNAbCbFRVq3OriIz+1E3AtdMGRWmFQFPz34H9etYkUIijgHXAY2UzH51vN13IPD3P9sWLhtFq1FLO9AIbnwP+oj3+zd09dHzBXjyr3e5LM7DEthbo1bQmg0tVMh7aMG0uUf7eEiadryasNEgV3v36FhuS+einXwazMaSGwIhAr5mQzuCMiOTmRqdKueOWEgHAX8QRLuhHfyGq704onZ61Hb4dCgsb66bnt0XEp+kVkMy1aYUfJ9EEyjPd73SdXlyvRuB6QMQzz+rctt0yV9ftQ+Gr+26Z83OLmermIOoRs/uQwQGvKez0crmPuFDuzEEGkQAodXvGPUsTPtqMHvTs6YGi7LkdSCgB0KEPO0AqrfH9rfPJmttcqmjqG6TBI3P8bc7dnvuedJ7EtVqCIgM2Fpbok0fpInqq+vVbIjAUK9GUfx5KFf7/CBosHupDrIbqo5r13vTbDTI2f5qAx9f/d1gVpY8JwQYRFhmqk8rzYmUQDuGwKEDdl60Zly14+H0OlS4Oh+7bxwBX7uhbe569QQDj5xZIaXs87aflvjuftWau/FjamsGmsVLL4P9xRP/HpptfC20CAPE0w/ob8wvW/NfHIT9NP5vnU7e9wWNCWe/1638H//VLbhmnP962/42YaNB1g46qdOjWX9EDWZjyXNEAPW4LDPd+ny+51tEzbiABo0GDnUiiDBrYyC0kD4CWrshpSFo+Folzqvg9FEJptkQJCqvelJ27sjOZcOVqVr/xTciPEIbIeZHNIfyHfENaRMY3x8bjfnaRaFGn78iQoo8i7sKDTxHe8J3rDUaCBpfmzO+2/lepS5s6OWonN76jW98IzyJNY5ZRY5ne1tRp6EelEZcZJqNtkoEtPp08crf5MpDbUvWx2jjQKZVwVdO6FzeV1kb+5U0Ar52g/wvPX94ZDGy9wYPzWcjEqKKvTXGnNax3Xd0ytZjr5x4epjJQ5s7lovrSSGnxUYJ7bL6KHz53RvRTPCzf5/6N9wWgYPxgW3LJXRXQYP6pypscArrjBkz3KFDhwRrd9VVV7mf/vSnwZHwYWSJbt7j/tNVqsk61+GXqBrdmlTdgSAwspFWXkF3hBzqJJ0UNOrVDXRSFrJDwNduTB7L2Sldg97ASfOra8ruGcNgq7UGeslwGojoVSloLdBwaIF+9PD+7hy1A6zQgBZE0ynxnOoqoV/vjnNM5He1q15hIj4faMe6o0ZDcEpV2EDIYFMtDkOLOipeiLCrIZAnAqg58zCn0AnJiia0Zcy49MxMMNG+AhJn13QRgBcycCHoccpnVIBvIiDCTxlYotJ2xzjat2h/acf1miKaxQpe6NUdrCTRAj3aQ21G0eVEaTe0tqoR2qO0J6yYEa24Lre73NevF0oIkQceeCDYkCuh7CwbQ6AhBOJmn5hTvv/FSzLtDHQnSAdJR8QAp+27VE4Gs4YqaolbRuDP/nBs1YO9pAAGUdGWsWw5TjCR9EW/sq8Em5QR2JqdPUUYpGUQ5/mKXz3v2LbbX4otzy4+d2hwQJ32SdLbvKeJwZABJ4dCPEuXtUAv3xmCgy8Yot0gLk6oaOQ79LUnfNs+VmliUMS8UxU25JA0OfKdrccJHAnPia1lDdhpZdCiMdvMs5ycpOPBf4MOBn5iTmGASTuw4+RPHv6tO/hW59HT4q9Bh8ZgRRoJesmlxNm1OAjgByD8enFf+YUNhF3p37jKBlS0zbmXjQl8iagvwjJOmXpw/uFDO4LBHSFj4tnvrTBh+ANwWhzU5o7Nv+3ckAttg2gWEOrvW/t8IERBhwhFCBxaKNBOv71Oqt8Q4GtPJpx9arefNNSPXpMt45577nEf/vCHw7c/9rGPudtuuy38bTeGQJYIyAyUMpkBfW7GOWHxmFPogNIOaFHo3LSNGFuyBL0pEHGNzKgkD7tmh4DebvrF3x3OruCUStLtUhfBt4NALs8xj+gNr0grWgTuWVGltXdZaTa08KN3/9Tls5Lo57de7hZdO8GhhZHw+HOVB+sdf6fTZ6OR75CJjKbDHLxTdhCFgfPmzQtOZD1+/HjgKPrSSy8FB6QJc+1qCGSJgO/wxSxGbwaE53ittfet0EuHrTtkyUt3hCPfW3kwk94mW9LbtTgI6IO09AFbxaGwMUrEx4LB8rMzzqnQXvBMnpOr3mFVtCFSGhoRaetoFKL8GCRtktf+vTsV9iIYkb8W6HV5l3ywU9h47NnXKuqnJyeiFdHvVrvnaAECPj/m4J2ysMGy11/84hduwYIFrmfPno4TW2+66Sa3YsWK0q5GofHo1ShxRwhXa4T2LD8EDr51PCxcZh5srKPt7GgdsFn7nWf4Ygs32/Yc6PI2Ao/Yw3moBy9+622yu7xsEbkjoFce7NnXufIud8KaIEC3+f69ewV+F1+bc4Fjp8uooL8nLXiQVg/U4isRlUfScX1P6RQ2dN5aoNfxmMHl+8Okqo+i134dut/X78fdz5s2JtCe6L1Y4tJ2h/jUzSiAuGNH59LCe++9t/S49urZCZueKZe+Yt2gArrzkJkKV322AjAwe9u6K/kNv3a+3Lnd/cxLzgw6oxtmfqgC+a5mlFMqntuPYiEgAxVUvXrgrWIR1yA1+vvQe4j42jbJVqfXKzfkuVzFJ0l+p3mNMnegVdF88svX2o312zrPcTl0pHNycnKvzn7ff99+10YgVfTEQfQzn/mM69GjR/CHk+j48eMDTUdt8iyFIZAsAloFrM0TmFJE+JASt+7uqoWQZ81e9Zr/OIe5M07tV5H94AGdp41WPLAfhUFABjLal5gOCkNcA4Ro4UFPqvw2KVmKAyUmk6ilo5IuzoQhz5O8+t8xefv7pvjlTfhA5z42jz7TKWxoJ+5h6iA+/337XRuBVIUNivcdRM8880z3z//8z6UWNrRN8OCRzhUFteG2FHkjoFW7mhZMKv5ZF2loNrQZJU6tCy1i4oHGRtW3ul52nw0C7WJK0WZh3e5YcRMVDh99O3AY/ZtVv6kwO/or9OLaelSercZpuskL4UP7ZUXlz2mu8s1hShKBUe82HPWexdWPQCrCBluSDxkyxG3YsMENGzbMPf744yFFL7zwgjv33HNL7bOhbYJ6JhBW0m4SRwCvchw3WTGSVPB9IfBQ53AkmRnR6WgHs1bLZdYrwg5l+B2yzl+cy/DniFIL67R2nz8Cui3JbD9/qhqnQPdnut1xL4OxzpX2HLXl/w2zPhT6eeg9OvS7ad375g7ROtUqTwskaDeom3yv1L3a91orb3vuXLQnjSFjCBQMAXHYZCkdzmpRHV89JL9a42ROhADWxMshTqiGcZBLIshsibxqdYA4l/FnoRwIaJ+Gl0q8/FUGV1D395XAlCL7iQhXZA8O+S1X2jeO13mcauqbO3wfKKHRv374/UPCE2D/Zf0LFXuE+Ptm+O/a79oIpKbZeP31193FF1/sDh486E6cOFHxt3v37lJv6iUzX+DV67Brw20pmkGA2ZZ4yaMd8Nf2N5Mn7/jqVslH23fjzkyQtI1c9UqFejvARvK3tPkhoM0MO/d2ngydH0XNlYxZRILW1hCn6yhp9FUEaJZ5aq2ITpPHvb+6K46GiWefGmo1Ebq0IJXVst042tohPhVhQ4CRE1/nz58vUW1x1R+Sngm0ReUKWAm2gNbBX2Knn9W61zZYX90q79KxaJVqNcc3eaeeq6a73g6wnnwtTf4IaBW7CMb5U9U4BdoHzdceau2NnzNLx3/wxUsKsdRT8wI69aZrPt36N/XVu4fqZ3HO3DqN3VdHIFVho1+/foF/xrPPPuvefrtTYq5Okj01BCoR8GeKem1/Zcrav/RSZb8z1W+nod3Qu0vW2wFqmuy+uAhonwYmINr3obhUd6VML93t36fylNO4FSloevHRKFLQ2mftvFuLRo4rwG/L34TLzCi1kKv9PFVhQ0595Uj5Xr16hctfR40aVWoH0dqwWookEfBt4K105HopWzVhIw3tBudmSGikA5R37FpsBPRg7Gvjik15J3XHjsdvzx1nRuG8FDGhdOaU7502kTZKG4IKR8HLRmZZO7jmi1x6pacqbKRHdr45a3u7ngnkS1X7lu533K14+2tB5eSeJ1UFLWnthq5Hox1gVULtYSEQ0IOxr40rBIF1EKHNwvpAM17V2hvJCg3A7Klnyc/CXKdfOCKgBYFBm73rJRCBA+dWOT+l3vcsXTwCqa5GYVMvHEQtGAKtIOB33NqJrdF8tc9GrU5ItBtJrUzRgk6tshutl6XPHwHt0+Br4/Knrj4Kan0fLMnmVFh8G/ydb+srIZtUtporG5wbKSU1zcby5cvNbNIIJyxtJALMtPRsi0TaiS3ypZhIBnvZQbTewd7XbmiBIaYYi+6mCNQyo8heMasefaGQCPFt1Po+5LyPIgsahQTXiHKpCBusQvnTP/3TEF428vr4xz/eNk6ieqB6/c1jYT3tJnkE9I6bknuzpiu9ZFbbdCXfqCvaDf4k6Dwkrp6rXqGg208971qaciBQzYyCwPzN5Vsch/z95OHfFtKBVGs1fBNKOThgVBYZgVSEjV27drkBAwa4nTt3Bvtr3HLLLW7Lli1tI2zoMwP06oYiM7qstOmDy6QO2slT4uq56qWn/fvUb0HUaX0tSz3l+mlq+Yr46e13ORBAiBSnY9qJ1oKtWPd8qDVIcq+YJJHR38cQO48nSWgtL5fiEfMIGyNGdDjpXHXVVe7YsWNu7969BnqJEGC3wKS3CG+0+vrgMnlXd+ISF3e9b+3zQR0efuLfnT73YdigPnGvdInXWpBDbzW3hFvTrIXVLoVZRKkRiDOl6A2iqGARJyl6SXkj30epGWbEZ4ZA/dO7Bklil9A+fSo79DFjOrZf5jC27du3l3YX0f69O9efN6tWbxDOXJJ/576ngp07W90ivBXio8wo2iQRlzdbg3Nmg2yvjPr6qo+cHiZvxJQhs1Ve1qrmMLM6brSwYbPGOgAraRJWqkmbY6kzm11xvo6vEeN30VYk6TaqD5ssKSuM7IIhkJqwUbB6JkqOHnz0B5poITlnRmcogzpqXwZZXe8syIMG6aQpGyFPaCLeFxhwwJMzVKLo04e49Tul/qavj6Jv1jk1ih6Laz8EOEr9l1s76iWbuCGslyHoJeX6sMky0G40Fh+BVHw2Jk2a5I4ePVpxHoo+H6XsZ6MUn62tU+hrFGTQl5yZrWFiueuhHaFAIM+Suuolr6inTx/aN8xalqOGEc65Hz60IxRGJF7vJChxXH1BRT/z77WQ1axw+cr+t8JstVkmjLSbtkBAHwL24muHgzptf+k/utRNt4cuD3OK0EvK/XNRciLJim0jBFIRNtoIn9iq6EFMlovFJi74g63P7w8EB70kz3fM9DvHr//jE4FnPe98evG68LTEJKuqj3cfe8ZAd+l5w8PsV/96b+hwJ5H6VFXiUGF/7wsXR553oDdmk/fjrlqlXOvU2Lg8dLz5bGg02ute7wwr30xZNBt6QqEF7PbikNUmLwTq1yXnRWFBy8WBSgY3lmIWzf7aCGz/z0+3BXXBrwFNRVTQHRE2af0bYWvxqt8ER7NrjQFOcQ9tfsldfO5QN/OSM6OyrRqnnUNRT3M4GmYSygucV3+82S2YPc5x8JKmh99Lbvj9MO9rL/+A2/zsaxVpGulMtWDSrGOfNr9oQTUk0m7aAgHdD9A/0Faln9AV1O1Vx+d5r/2RBg84JU9SrOw2RMA0G00ydfjg3uGbr+w/Et6X6UY2GYrqDP16HDjUuZ8I70UFbdpAW/I3q37T0r4Cz6mjutnDAAFBn8qIwPHFOzc4yhVfDujSvOE3AtBnZ5xTQXIjpgytiXjs2dea0uJo84v2Aakgyn6UHgEESRG4ETS27tofWSeeFS3oPYOkDkWj0egpLwImbDTJOz1Y6RlBk9ml+poIFdpBkpmVbDJUT+F6JvbU7s4OlEOKJKx9+pXgloH/tvu2hmYOOtZGV+0wOIsQRAcuM0ZOZeTgJwmk++byJ4ONkiRO80biOCNBVqMgsDTSmeq0lIcWR5t4pAy7GgIgoDf3evy5aMFc+0cUBbVDR46HpER9Q+FDuzEEmkDAzChNgMYr+ohw7cXdZHapvobjJAM3ZhIOTsLMwPkG/uwKwWHRtRNCWtAczL9rU/BbBCoGW22DRmNAGvIif4QSlsxq4YQM2DCIcusN/qFl2vTAlsnQikAj5VC2BO2kJ3FcEVT4azREdbxLH9nlvjbngrqz0r4eWnipOwNLWBoEdDt/TGkB0czx/RC0Wa0oFZNviW9Nf29Foc/oKDcChdZsyPkq69at64LyrFmzIs9eaHvbEAAAIABJREFUkXd69OgRPF+yZEnwblx8l4zrjNDe2nogqfP1TJPp7b0ffWZfoAnQWg4hxh9U9aAopqInd70eCil0qmzlLVoH8vnOiq3hPgOSL1e9oZaOj7vXAo2eKUr6888a7L73hcmB0CFxck3aTBHV8WK6aVa7EZWf0G7X8iOgD2QT7Ry1umD0kLByzfr+hBkkfCOCBtn6/UDCRVl23RSBwgobCBObNm1yM2fO7MIanrFBmCynlaW0nMmyYMGCcJv0DRs2uJtvvtlxjYpnW/Vmg3YalFl/s3ml+R4aB63BwAFU+1bosn2NgJ6hSR2f2n0gfOWSDw4N7gerrY21hkELITKjC1+ucaNPzcQ5NCogDN36JxcFq070cy0I6vhW7jUWkg/ajXqDrr/2Aan3fUtXHgT0LqKaat0u5XvSz/O81/ToSUaeNFnZ7YVAYYWNlStXuttvv70L2ggUO3bscH/5l3/Z5dnq1avd7Nmz3ejRo4Nn7PcxefJkd+ONN0bGr1mzpkse9UboD1Jm/fW+m2U63Yn45eoDxngWpRGQeiKw4PSJZkTCuFGDgtuomRD+EZdf2LFdPYn0zEner3bVmg2WvcYFtARXThxZ8TgNT/rp79ZFY4bQVm+9tD18iHn6V/Cr3X74DspSv3NG/p7cFu6qheE0vp/CVdgIyhyB0vlsoI0YNGiQGzhwYHDeCoghTCCYbNu2rQuA48ePd7feemsgdOiHxDcbFi1a5P4zODC3w79h72tvOOKKGN48gVbggxWkvcf9p/tAr92uT7CKpvPZutU/d8880qm54KWex9/vnOtQ/3797vXu2ImOrdrJY/Wqn7hHVr3tXnibwf59YRk8O7D1X9xv3+G9DsHv4bUb3Qvr7w3TVLsB2+ePXBQe3bPiH3/oTnLxZ5K843q697jx7/LEuXv/4S53co9OZ7dqZTXybAoLkA44t/+kc9z+dzoEoFsW/4Mb0bNTAIvL74Xj+Ip0nB57zz33uIHveTMuqcW3AQLvcRPC9ijVWf3TZc6584OfO55/pVB9xqvvnBp+q8/t+I1btOjnQrZd2xiBUaNGublz52ZSw9IJG6CCduONN94IzlbhHk0GppWswsKFC4Oi/uS7/xbMbBns/vyGmzLfzrue+rISZcs/PREmxbTxPz55gTv91P8rcFb7+KJHwmd/eu3cLiYJZu6f/97/CdKKoMEL40a/133t2puCd/H/YP8LCWedNtDd/IWvBJqQr/54cxD9/nM+5BbOmSNJql7xhfg/d24I0kDv177YUU61l+5++LeOQ9dYaXLDzMurJW35GYe6sSKF0O+Mi9xC5VRLHBqP+zfsqdhf5NOLf+XcgY5dRP/756+r8HNpmSDLoHAIfP57j4arqSAODeFXvvhFJ98bk6WFN3T0I0Ugns35dry7x87lUye5edPq+1aLQLvRUA4ESilsaGiHDh3qrrjiCh1Vcc/R9lGBeA6EayVgxxc1Oss9tYq9lXyTfFebUTBt6NUYeMdrD/kovwQ6yc/NOCccXIW2caM6l7yKqUWeiT8LeUvY/+ZRua24ysAMdtdMOSvolCu2KR/aryJ93A827uIvi6A3F5MVOBqDux9+Llz9E7VJmvlsZMGlfMtgJ1HtHMq3VfE9HDwa7NeydfcBhwP39PEjKvaQyZp6bUbRdGZNh5XXvggU1mcjDvJx48Y5jq9/7LHHgiQbN25069evdyNHjnQcZb906VInjp/yjLio+GnTpsUVU1e8DKoklq2J2TWTM0P01t91ZZZSIhGGyD7KJ+PqyR0CV7W9J3jGAKsDS2gl+Dbe00/tOMNE+3JoOuQ9rgzMDNiy7Tn46Z1Dzy2gnZvO+Hy1v4jvcKsFPF1XuT+550lya9c2RUC+Aame9BWyEgkfKLRjaMlo/1nt3UJbpX/yV6PpFXV6e36h366GQKsIdE49W80p4fcxi6xatSrIlevgwYPd5s2bA5PJnXfe6aZOnRr6bKxduzaIx5yyePHiYKWKkMOzKVOmBMtg5Yh7nsk7kq6Zq169wV4bsmsmHQkOjldc9L6K2UwzZbT6zqGjnb4OevYt+bJnBX+1woJrxrnvrHgqMBEgfHDuiAQ/X9mDRMfHDcB6WS64seuoXsVSRG0R9eacFtlJlc3MZMMwnulZomAk12pCnaSxa/kRkG9AaiLLYRHA9W638pxro3u36Hfrvb/roWeD8hFwZM8d3tXfpwhG9eZp6QyBehAorLDBapS4IKfKRj2fM2eO488PcfF+ukZ+6w6FJaEr1j0fLjNl4GRjKj0oN5J3Umm1RkFmVc3kzbtxm1j55hd9GBUCBzSAB4Owr6IlXgd+6/0rovbY0Onzuo8zpWi8wUWf0ZIXrVZu9gj47VaWvbJcHC0e3xPaMYRpfI0IaB0QRPzvKSnqaZta0EFYFiH50FvVJyVJ0WD5dF8ECitslIElulPwVenQj2klf2Gj01cizRmLCBXUW2smwEgGYN+vRXd8UfwmT60diUqTV5yYUkS7Af/puI+9/U5IUlFpDwm0m9QQ0H0Dhci3x467/jk92198IzClkI6zVIZfVP9Ou/VWgHaKE7UOjz/3eihs6B17+/XuWHGm09q9IdAqAqXz2Wi1wkm+H7eeXsp48bXDcpvbVc9YfK1CkkRdOfH0IDvOINGDrHSyPBS/Fim3mrmBNP7sUN4rylUfeS/nwrAtu4STe9nnJVh0tyvfgP7etADuY6GdrXEYTSOwWkxrDCmDk5DRJGL+lW8RIUl/v2nQYnl2TwSsN2yB7xwz7wftOKl3wfTTZfVbaw9055d0+fh9/PzWyx2+HTr4fi36mXRwxEWZeIrqryF1wJQidMuqlGPHO81CUe1D3rVr+yNQj/M1KOjDDONOiW0ELc40Eid1hAnffCJ58QytyoOPvSRR7tLzh4f3dmMIJImAmVFaQJOBhlmAmAlQo7PTpKjWOY4c++zMS1pbYtssidAltCFo+KrdZvNt5D3t17Lvjc5ZP3no81IYmPVSQZ4XcSWKrjuYYncXfmNKEeGDdPpev2f33QOBep2vzz19YNBWGPyZHET5NjWC2N/9tEOLgQC89qlX3NRx8QLE1//xidDPjDImj+04gqCR8iytIVAPAqbZqAelKmnEfIBGA1usPheBTuMnD/82VFFWySaVR9v2dKpk3z+iY/fKVAqqkqkWcPzTcbVmQ8/uJDvtaCpxRbtqUwozxBd/12k6i1pqXDT6jZ78EUAo1WaWg+qo92ao0+YStBz+Xi/aTIKAIwFNXd4+ZkKLXdsPAdNstMhTf/ZCx8GMVwZSPua8VqVon5G8TBLar8X32RCtCyxAA6Jxo+PTHXCLbErtdb0qhU5ed/TUx4IhUA8C/ft0thW+Cy2k1/O+pNFmU4nTV8ycE88+1bH7sQga9FlzLxvjZk89Sye1e0MgUQRMs5EonB2ZyXIyydofZCU+7ev2l/4jLEIOTQsjMrrRfgt+R3jY2wNEcENL5Pt+ZERuw8UgULDzaVSwzZGiULG4KAT0BnjaqTsqLdqKr//TE8ERATh36qAdlBHWtRaDdGg4dZtFk/G9L1xsgoYG0e5TQaBTnE4l++6ZKdtm9zrpPW7pIzsDALSGIUtEtBklr5UdzJrErwVtD38y4z94pHNtP3FZbjmeJB/Qbo05rb+TDZMkbz2ASJxdDYEoBOSb4JneYCsq7V0P7nAIHAR2AuX7QuDFN0xPbDBNorH4zoqtwdJahHnRFvoa2ahyLM4QSBIBEzaSRFPlpbcrzmNVCjMeMVOgkm1WLauq1PQtZQst2qSkdw/t36fca/sxp+x8+WAoYAKWLX1tusl0uxe1f48WwnE65lA/fXaKryHk28Ivgw3DtF8UeSKILPIOCux24FqFC4GAmVFSYkO1/SVSKrIi23976pXwd97L2eKwqFwmyvnt5Q6+k6te9lvumhn1aSOgNRvi70WZ7I/BqhKuEi+CO8+1mYRls/qME9m1NG3aLX9DoB4ETNioB6Um0uhVKXp3viayauoVvaNp3svZ5FwIKiImpXvW7AxVwcS3w+FksoRRGNYOdZK62DVdBLR/jwgMWjuJM6dvXkFjKKvhoE5OkBVKtZAvcXY1BPJCwISNlJBnpiKzFWYkDK5ZBd1J0SHlvZzNNymBhfizgIm/62hWOCVdDv4p4izaLnVKGiPLLxoBLRgcf3c5qtZO8hYaDd+EorVpaDb27DsUFmCatRAKuykAAuazkSITOPVVjpqXwRXHrDQCG0uhavU7o7xNKNRVd6RoXGTJHc9YefLlmR9KA5Jc8jTHu1xgL32hvXp2zvtEg6G1k1QQ508tQGBCEW0a35T+9pno5OmnVXqGWAUSR6CzhSeetWX4qcs/EAymggQCh+4QJD6Ja1zeeZtQqJs2KfmCxtfmjLedNpNoAJZHqRHQvhevv3ksOK9E+2ZQOX7rOByQ0aaNPWNgl7rntYlfF0IswhB4FwETNlJsCnQEDKZ6Q60kzj6IIjnKLwQVa94mFGjVJiWhHY2GCRqChl27OwJ6mTRmFN+EAj4HDh1zYmLht5zOqg9yExx1nyNxdjUE8kTAzCgpo4/AgXZBdpZcv/01d/lF70u8VPFUZ2D/54WXJZ5/qxnOnnJWcMQ1qt25l41OBYNWabT3DYG8EKCfkID20zeh8AytxsG3jkuy0CeMScXSR8Lo4Oackb9XGWG/DIGcETBhIwMGMIsXn40nd72eeIlatdq/dzH3q2ArZNsOOXHWW4ZthACCuJhZ5ZtGCBHTI74cMqmg2iKgaL8NgcPMKIKEXYuCQKc4XRSK2pAOTBl6ZYrs/pdUVY+9/U6Ylbb9hpF2YwgYAoVH4PShfbvQyGZxEl7ZfyQUPIiTjcAQOmQVFPFlOVdI6mXX7oGAaTYy4vMFo4eEqlFWjrTiS8HSVjQlsqugPg/Bdq3MiKFWjCGQMAL4WdA36PBHk89wv9z6chCFZkM0HjoN97YKykfEfhcNAdNsZMSRyeeeGpb01O7Kw5PCB3Xe3HZfx1kHsqtg5U6cferMxZIZAoZAkRAYPbx/BTmyR45oKzGn6MMLbYfQCrjsR8ERMGEjIwadP3pwWNK2PW8EtteHn/h3t/DuzcFhSuHDGjc4msrshs7n4JHjFTsLih23Rjb22BAwBAqGgO9nIXvk6JUq9B0WDIEyImBmlIy4xixFHMAQEr65fEtw5gHFc/YBjl/1OFCSVgdMKPrgJrHj6jR2bwgYAsVHgBNZ8e0SJ1DZI2fwgJOd67CkhBMNaqOFkOLXzijs7giYZiPDFsCpjBJ8oQEfDOlkJE3U9andByqiX3+z0kNdHFErEtkPQ8AQKAUCHANPwMlT/Lq0UCGrVUhj/lmlYKkR+S4CptnIsCmMGzUo3L7cLxZtBw5gtYQFf+ksAgqb/UjQBzpJnF0NAUOgHAhce/kHHH86DBsYfSJyrb5C52H3hkDeCJhmI0MOsCJF+1Sw/4Y+SEl8MeJIwl/D137wDoKKBD0Lkji7GgKGQHkREAdRvwYmbPiI2O8iI2DCRobcoXOQ9fCyXfewQZ2rRzhoqVrwTS+k5TjqVw90vmeq1WoI2jNDoHwIxAkbJ/c8qXyVMYq7LQJmRsmY9f56eK0iraXZ8P01IJ0VLTroUyF1vN0bAoZAOREYPOCULoSzJ0ecENIlsUUYAgVAwDQbOTNBdxja9yKKLN9fIyqNzXaiULE4Q6C8COg+QmrB+UIWDIEyIWDCRs7c0h1JNc2G9tfQfh+afA540/npZ3ZvCBgC5USAJfM6oNXQ25jrZ3ZvCBQVATOj5MwZrSJlNUpc0P4aE84+Ndz6nPTsz+F7sMflY/GGgCFQPgSYRMhkxLQa5eOfUeycaTZybgVaE8FBS3FB+2uwhFa/J5v/xL1r8YaAIVBuBK6c2LH/Bo7lptUoNy+7K/Wm2ciZ81pFWl2z0Xk0PctlWQLLRmDcy+Y/OVfFijcEDIGUEPAdy1MqxrI1BFJDwISN1KCtP2NRkbJfBie6nn9W5zkq5KL9NVg+i82WPzogC4aAIWAIGAKGQNERMDNKATjEZl8SFq/8TcUmXcRrfw2dVt6xqyFgCBgChoAhUGQETNgoAHc+O+OccJtyzj6466EdFVT5/hoVD+2HIWAIGAKGgCFQcAQKLWwsX77c9ejRw61bty6E8fDhw27ChAlBPM/4mz9/fvC82jPJS95ZsmRJmGfeN5hRPjfjnJCMBza9GJhTJGLn3jfltmJ78zDSbgwBQ8AQMAQMgQIjUFhhY9asWW7Tpk1u5syZkfCtXbvWnThxIvi7/fbbK9L4z/bt2+cWLFjgdu7cGaTfsGGDu/nmm92uXbsq3svzB3tk4GkuQZtTjr39jkQHvhrhD7sxBAwBQ8AQMARKgEBhhY2VK1c6X4hoFs/Vq1e72bNnu9GjO3bdmzRpkps8ebJbs2ZNs1mm8t4NM8+LNKfI+vpUCrVMDQFDwBAwBAyBlBEorLBRq95Tp04NTSnazMJ7/rNt27Z1yW78+PFd4vKOiDKn6FNe9TLZvGm18g0BQ8AQMAQMgXoRKN3S1759+7rNmzeH9cMXY968eW779u0u7tmcOXPC9EncLFq0KIlsYvPo1+M8d+hE3+D5wu/e7Zw7K7h/4403XNplxxJlDwwBQ8AQMATaCoFRo0a5uXPnZlKn0gkbPirTp08P/DD27t0bmkkkjTzbs2ePGzFihEQH1y1btrgzzzyzIq7eHwsXLqw3aVPpWI2y6tEXgnfPvWiKe27Ti8H9WSOHuoWfTbfspgi2lwwBQ8AQMAQMgSoIlNaMInXCH4MVJr4wwXN5dv3117ulS5eGDqEbN25069evd9OmTZNsCnUdPbx/SM+jz7wa3p/cq/TsCutiN4aAIWAIGALdB4HCajZYjbJq1aqAE1wHDx4cmE/69+8faDAOHToUPEM7gQmld+/ejlUnOIFGPVu8eLEbM6Zzx01WrIjDaNHYPWbEgJAk7Rzar3evMN5uDAFDwBAwBAyBsiBQWGGD1Shx4eDBg5GPhg4d6uKe4beRtO9GJBEJRLIVOcfIs325DmxVbsEQMAQMAUPAECgbAqaXLyjHrvpIxymPmjwEEAuGgCFgCBgChkDZELDRq6Ac+9TlH3Cnn9qvgrpB/U6u+G0/DAFDwBAwBAyBMiBgwkZBuYQW44yhlcJGQUk1sgwBQ8AQMAQMgaoImLBRFZ58H7LJlw7DB/XWP+3eEDAEDAFDwBAoBQImbBSYTcMGmnBRYPYYaYaAIWAIGAJ1ImDCRp1A5ZHM12wM7n9KHmRYmYaAIWAIGAKGQEsImLDREnzpvjx8cJ+KAmxTrwo47IchYAgYAoZASRAwYaPAjBrm+WjYPhsFZpaRZggYAoaAIRCLgAkbsdDk/8A3m5iwkT9PjAJDwBAwBAyBxhEwYaNxzDJ7g+Wv2m/j5J4nZVa2FWQIGAKGgCFgCCSFgAkbSSGZUj5XTuzYSfTyi95XIXikVJxlawgYAoaAIWAIJI6AHbaROKTJZjhv2hjHnwVDwBAwBAwBQ6CsCJhmo6ycM7oNAUPAEDAEDIGSIGDCRkkYZWQaAoaAIWAIGAJlRcCEjbJyzug2BAwBQ8AQMARKgoAJGyVhlJFpCBgChoAhYAiUFQETNsrKOaPbEDAEDAFDwBAoCQImbJSEUUamIWAIGAKGgCFQVgRM2Cgr54xuQ8AQMAQMAUOgJAiYsFESRhmZhoAhYAgYAoZAWREwYaOsnDO6DQFDwBAwBAyBkiBgwkZJGGVkGgKGgCFgCBgCZUXAhI2ycs7oNgQMAUPAEDAESoKACRslYZSRaQgYAoaAIWAIlBUBEzbKyjmj2xAwBAwBQ8AQKAkCJmyUhFFGpiFgCBgChoAhUFYETNgoK+eMbkPAEDAEDAFDoCQImLBREkYZmYaAIWAIGAKGQFkRMGGjrJwzug0BQ8AQMAQMgZIgYMJGSRhlZBoChoAhYAgYAmVFwISNsnLO6DYEDAFDwBAwBEqCgAkbJWGUkWkIGAKGgCFgCJQVARM2yso5o9sQMAQMAUPAECgJAiZslIRRRqYhYAgYAoaAIVBWBEzYKCvnjG5DwBAwBAwBQ6AkCJiwURJGGZmGgCFgCBgChkBZESi0sLF8+XLXo0cPt27duhDfw4cPuwkTJgTxPONv/vz54XN5R54tWbIkeBYXH75oN4aAIWAIGAKGgCGQCgI9U8k1gUxnzZrlxowZ42bOnBmZ29q1a92UKVMqnu3bt88tWLDA7dy5040ePdpt3LjRXX311e68886LjJ82bVqQriIT+2EIGAKGgCFgCBgCiSJQWGFj5cqVQUUROuoNq1evdrNnzw4FiEmTJrnJkye7G2+8MTJ+zZo1Ydp6y7B0hoAhYAgYAoaAIdAYAoUVNmpVY+rUqWES0XJs27YtjJOb8ePHu1tvvTUQOiSOK/HNhJ49e7pFixY186q9YwgYAoaAIWAIFAaBUaNGublz52ZCT+mEjb59+7rNmzeH4OCLMW/ePLd9+/YwLs2bm266Kc3sLW9DwBAwBAwBQ6DtECi0g2g9aE+fPt2dOHHC7d27NzL5li1bGoqPTGyRhoAhYAgYAoaAIdA0AqUXNvDTYOXJiBEj3FVXXeWWLl3qdu3aFQCCg+j69euDuKh4HEQtGAKGgCFgCBgChkC6CBTWjIJj6KpVq4Lacx08eHBgPunfv3/g1Hno0KHg2ZlnnhmYUHr37u1wCF28eHGwikVgE38OBBJWt0ggnhUrFgwBQ8AQMAQMAUMgXQR6fOtb3zqxcOHCdEux3A0BQ8AQMAQMAUOgWyLAoorSm1G6Jees0oaAIWAIGAKGQIkQMGGjRMwyUg0BQ8AQMAQMgTIiYMJGGblmNBsChoAhYAgYAiVCwISNEjHLSDUEDAFDwBAwBMqIgAkbZeSa0WwIGAKGgCFgCJQIARM2SsQsI9UQMAQMAUPAECgjAiZslJFrRrMhYAgYAoaAIVAiBEzYqINZL7/8snvooYfqSJlNEg6cY2fUIoXnn3/e3XDDDUUiyUHTF77whdxp+va3v+0eeeSR3OnQBNx9993hpnk6Pq97MCpam4amIn33fF+//vWv82JRZLnWtiNhqYgsYtuuIDCrH2zqZSEegWeeeebEWWeddWLZsmXxiTJ8smbNmoAerkUJu3btCmgaNGjQiUcffbQQZAlNp512Wq68u+WWW05Aw4UXXlgIXCDixz/+8Ql4BV1vvfVW7nSBEfQUCSPh29ixY3PHBwKuvfbagF8zZswoBD0QIRgViW+0bdp1UfgmbbtIfMujASFnOBM2qkM/efLkEw8++GD1RBk+RfB54oknMiyxelEyqPORL1q0KOgUq7+R/lNN05133nnisssuS7/QiBLoaOiI9+/fH3SAReAbfKINgREd8sqVKyMozy5KMNq7d28gcBQBI6EJvoFR3oI9ggaDFfQglMG7vIPGiMG9CHyjbcv3VgS+CUbStovAt7zajQkbdSDfu3fvMBWNmYGLj58PP+sgA4SUy+AOPV/+8pdzmaFCDwMXuBD4qMArD2wEE2jQNEELNGX9ocMb6fig7atf/eqJ66+/XsjM5aoFDQiAxpkzZ+ZCC4VKZyztBXxoy3kGn2/8njNnTm4kgQmChmig+E1byjP4GBWlbevvLW++RbXtvPmWZ5sxYaMO9EVqlxkysxw+/jxmy3TKzGwYUGm4dIJoXdC+IABlHaDH1/oweC1evDhrUsLy6JR9msAp6w+ddiKDKMRhjkPokUEjJDjDG0xcWuiSGRfXPAJ80hgxO87btANGmiawgW95YUQ70m0G+vLGqKht2+eb9JXWtvNAoLJMEzYq8Yj8hZCBxMyffPRcRQiJfCnFSAZNBB0EDAnSIeqPTZ5lfUUtD1ZFCnSO8CvvAN9EC5Q3LVI+wiGzwKIE2k5R/KMEEyYXeQrQQodci2D+ElrkWtS2XSS+0bbzNlsKv7K+ImzYahTlicsqD3/VwPXXX+/OOussd+DAAXfkyJEgNcfZE8c1zYB3vu99fsstt4R0CD2nnXaaGzRoUOr0UFfo8THSGMyYMcOxeifLlQWsOqlG02WXXRZgs2rVKk1q4ves8BCeRGX+qU99yv3gBz+IepRaHDTRduMCNP3kJz+Je5x4/Pe///2aGGVJDxWsB6Ms+VYPRlnSIxiVsW1niVMR+Zb4B9xKhkgcFjoQwB6KytRXw6PJYAaILwC2OEwWWdi6mVGhCvSdr9BgoNlAUoYeaMnK1k1ZURjpNgQtWZp14vimaWL2nibP0C455yrs67p87mlHUfz00yX1m3YCTbSTOK2XaOnQ/qQdaMe1MBItnTb3pEmX8K0WRvAtC4wwk9SDEWmyxkj7jvg8sbZdvLbt8yjP36bZ8KQ0Zu3Lli1zn/zkJyvW16PBWLlypVu0aJHbsGGDO/fcc4N03uuJ/0RDsHjxYjdt2rQKDQdajEcffdR9/vOfd7/85S/dH/zBHwTpEicgIkO0P1EY6aTQlbbWR5eHFuXHP/5xF77pNNdee22g/dFxSd5DA1owwqxZsyJn72BCmqywoT1T7wsvvDBoQ1EaDmiBX1kE6PnqV79aFSO0dNBcbRadJK3CN8rlO4vDCJqy4Bv0oL3k249rR9A6Z86cJGGomhc01eJbkdt2FnwrYtuuytQ8Hppmo1Pek9k4mg1mMr6GozNl+nfMREVbgZ0/yxlxXO2YvRQJI6FTVgvkyTd4RPlgxAyw2ixQ6E77Cj3i/wDfqs3e06aF/PF/QjtQJIzAR/Mtb4zQwOFMzPcPLUVoR7TtIvKtSG0b3xC0UkVq21l80/WWgZxh+2zEoOUPXHSUeQYtcNCg+Z138DEqIk3wDbyyDH6Hg/mAjijvoAUOVPBZmAXi6lxEjIQmETjgW54Y+QIHtPgm1Th804oXjEQIsrbdFekojPLmW1cqs43p1mYU1F4XXXSR69GjR6CuxMlQBxwdxVxw5ZVXBuYT/TzpexwcR48eHdA0luCxAAAaSElEQVRz3XXXdVHnosYVkwr0+PQmTQ/5oT794Ac/GNKEalcHHyNMOmkHzDiXXHJJQ3xLQ426cOFC16dPHzdixAiHY5gOlIfZjQCvUIenQYMuk/u/+Zu/CWni3g+YmsSkAl1pmyqKiBFbRwvffIyEb2JSgW+YLNMK4A9G9EF8+8uXL68oirLXrFkTmFQw8bD1fpr0SOFl4xt0Z9m2a/FN2hF0yfcv2Hbra3c0oyB5snyM2aaYK+LMFEjwYjpISxbESQ3nU9Sn3GMW4LfvAAbdzLpwCk07gAs0IJFDExjIb7/sLDCiTOEbMzzoYxlwHnxDWyIzO2gBl6g2QvuKo8/HsNXfqJRZfghGlEv7ph3xWwfaFDShlUozgJE2b7H0GEdeP2SNkeZbHEZZ0YTJRNoNSyLBSEynGid4G9Uf6DRJ3QvfaDdFbNvQFMc3+qpazutJ4ATfpG1X41tW7SiJOqWdR7c1o9Bg6Zh1EDMFA74EBjPpDCQujStl++UgUNDBMNBLoIFnIWhQXhRGlE2HqIWgrDASmhC2dIjiG3T6eOp3Wr2n7ej18qLu1oOpCJBZqU+przZjMVgwsEqnSJ2Jo6NOW9CgLDCiDUkQjGgvEvLAKIpvuq1oIVvoTOsKRrp98F3xzWuM6I/gmf7m0qKHfOP4VqS2LW3Jb9v0TXm07Si+Zd2202wTSeTdbYUNGgINk6sODFJ6MPOf67RJ3tPh0Mn4s1A6Qb1cMyt6qFscRsy8NE18+FkFaGJW7ne8zDSy5BsY+DNQaIOHejDLkl84qOnOF57IwKlpyopf4KMHTeiBb76mJyt6KB969KBJXBTfsqIJftF2dcgboyi+gRH9pW5HWbZt+mVr27qVlO++2wobsIqPSlSqwjqZ+WX5IUnZDOB6hkU8nR4feV4hDqMoQS0rGhkw2GPEF8yY/aG2zCJI5+vPolB306byCOABX7R2AzoYIPKgCYyizDUIRf6AnxVeQpOPUV58Y5IRhRECSN4Y+W0bzPKmyeebte2svpzWy0HY6BY7iOJUiKMOzo7ihMWeGaypJ17W1uPYw1/ajnM4XuLkiIOq7HyJgxP37PEh5UNLVgGHWZzQwEhoAiMcUfV6f2jKwkmNesM3yvb5Bg2ab6RNkyacCnHggze0FRwI77zzzoA2aU9p0+C3A5wbNU1gglMqToTsiCmBnW6zCDgVQg/l037BiDYN/x566KGQhKzooUAfI2gCIxywNUZptp2w4s4FzqAaI5x1cfrOE6Ooti1889u29Eu6Tmnc18s3+JlFiGrbUXzLip4s6pxKGUgc7RyYzaDeRirG+UmrcdEcoFHguajqfHVd0thggxWVJDMY6IFGAle9MygzUl8VnTQ9Uq7MigUjoQmMsONqjHwNTFo0USb0CE1i32YWr/kGPWnxjXYhdmyuuhxmVvCP8kmHdkVoTAMTyRM8MBvhEwE90CVBnNLAR2jSvhOSLskrbZS2Kn4+PkY47QlG8FT7RSVJh84LjDTfwEMCdGq+QVMWGIELGgN4h9ZQApoV6EFzAM/4FrPAiLKq8c3HKKu2LXyDtii+5dm2fb7l0bal3ZTp2tZmFOk8GNC1XZTGohsMDGPQ4MOjg0orCD10KHQuEvhw/MOCEIygR6eT9ElehSYGC00D+PhCjtCUJkbUTWiCHs0nfvtCTlp8o6NH2BLThBa8GAi0zwjPaF/wK80BgjKlXAZHoUlo1AMBAiJ4QVNapiXKoxzKhx6uBOiiA+aZhKJgJPgJncK3tDECCx8jBnLBDHqgDX6l3Y502/ZpMr51tFhp23F80207K77Jt1TWa9sKGzQGPmY6ORqO7mT4rWeCWTCPD5xBis6FwVQ3VgZMfxDNgiawkQ4Pmvgtgc43a4woG1zo8OBXFN/QHGQRELRE0IE/OiAcpi0E6vLkHiFPZnl++Qiwvj1b3kvrKhjRpn2MZLacVtlx+UKTfEs+RsT7cXH5JBWPJgPhIQojvq+0hJxq9AvfSOPzjfYlwn61PJJ+picSPo/y4Bvffhzf8mrbSWOedX5t67OBDZZNsG677bZgEyNtJ+aZ3pwKe1zatsixY8e6yZMnB5s/cQKpthFreqADerII2BfBiA2poEnbG/U9NN1www2pY0SdwYKzQ+64444ufIOHmk9p8u1LX/pSYNOnncycObOCHZoOfG+0XbsiYcI/4BXl4Vvjn4sxfPjwsDSe+5tVhQ8TvBGM8GHxMdLtB3+NrDCCJk72hW8+RqNGjQrbDxhpn40EYanI6itf+Up4yq+PkW5HYKT9WioySfiH8C2qbeu+KMu2zTePn1g9fMuibcM3OXnY51tebTvhZpBLdm3rIEqDoUPRAxQI01gkDkcxGngWjpgcrsQg6gehB5pwFDvllFP8JKn95gAuBDLBQxeEY6jQxICSBUaUL3yDLzpoAS1tvsETEcQ0DdwPHDgwiGLAwmEUQTKLAP7QJJ2gXyb8giYcZ7OgCYzYQTZOkIAeBlB4lQU94CF8o03HBTDiO8M5M+1AGTLJiCsLjBDms8bI3/UW+qQvyqNtIxzG8S2Ptl2Nb3m07bj2U6r4dnYQRQWHis4P2Cp5xl+WAdWpr7rEZIBTKOo5VHdZhyifEWjC7ANNWWNE/UWN6WORJd8wK2mbttACj6CPZ5h6sgxi+tImL8qHJvgIz/wli2nSR/3FPKjLoc1gQuBZXhhpfwjBKA++VcMIk0aWG3YJj+T7LgpG0GVtW7jTnte29dkQdsV96M65XAZRBA29+RR08uFDTx6CBuWDke8LwYefF0ZCU9QgljVNUYIYfMLXJetBVNo0AyZ/OiBQ4+uSpaAh5UdhBH15YhRFE86gWdDkTybAiW/e90XAzwaBle8/jxCFURHatnbmBxd+59m2o/iWRTvKo02kWWbbCBv+TE+DFvVRpT1Q0IHgsBfVkdDx+B1S2vSARy2M8qIJx8eoVRxZ8g2nODoVf6YHX3yhByfWKL7qNpfEPQJElNMnfPRpgu4oDJOgQ/JgIIrSEoKRL6xmhREDNto3P+TFNzQ6CMT+t8Rvf5IBH6t9k36dmv1NG4Iu3/EzL4yoB7TQnvw2Cx6+NjGLts23Dz1RGPl8y6ptN8vvor7XNsIGnS+NJSrg8e13hlHpkoqjY0HyxWSCRO43YBp2VAeZVPlx+UBTHEZRnWFcPknFS2cnOPkDqzxPqry4fOiIaR90clF8QejxZzdxeSUVTwdL2+HPx4UyogSxpMqOyod2Aza+MCZpowRoeZbWVa/OiSoDjNJepq3LpR2BEVhRth/ywAgNE+YszDV8/wyUOkBv1m0bTQVmYwRF2revyci6bcM3wYhxhN+6nefBN82jdrlvC2ED6ZjGy2ARN5hm1WBopDRYWdLGQEHZOkgaBtOsAmVBRzWBIyuMpM7wTDo6BDI6Hv2Rk47O0J8lyvtJXDE7UAaBjhh8fK0FvPR5mETZtfJACGOwjBI4RBDz8aqVZzPPGQygRZdF+XrgykNYhW8yM4Y2sJL2RD2z5JsIGtDB7Bye+VoLaMuyHck3LzwHL79tZ803MAEDaUvQ6PfbWbZtytITUaFP+gSwyxoj4Ve7XRE2Sr8aBc/pT3ziE27NmjWBp/43vvGNLg66rAS59dZbu8QnHcEKCryY+SOweoA4vJclsKqAFRdZ0CNlsqyMlSdgxIqYOIziVjpIPkleWekiyxNZegtmLLfTAZrTxInt0OEFgdUuLEdkSS3btssqC+ElSyqzDB/96EeDFUCyBTmrB9gKnJVBssohK5r4xsCKdizb7I8YMSLESJYH+vxLGy9oAg/4tX379oB3rMYhZMU3WakFn/i2ZZWOv7QWjOgLwDKLwPdFedAn96x6ASuuBOFbVu0IeqBFVrbRjvnu6HeEBmnbWSwFhhb+JMA7+kjolC0IBKOs+Ca0tOUViaPMgRmWzLKQ3H1JWZ4hwebhQMesUEwp0IJUzx+zaJmZpYE/ZVEumHAvOCDN+xoOeQZGPE8rUG9oiqo3ql5tMhCamAklzTfqKDyRujIzlrJEoyAzQWY3aGLSDGACTTLr454ZM4Hy8QVA3Ssh7Zm7xgiNIW2G9iE8YqZOnPCJ31HmA6E3iavGiPJEHc89AVr0d5423zRGun6UCx1+wOclbYw0TZRFu+EPesCJb8nnY5Ztm7Ix78Arrnz34KW1Pmm3bc0XyuV714HvnrYt2qks2rYuvx3vS2lGoZHSQGQg8BlDvAgcdNZiWqGTjBrk/Pcb/U2efKzS6frvQwMDh9AtHSMdjzRm/51Wf/Ox8lGLPwQftQ50SCJwQJ98bNCWBkaUDV+EJspm4JSBlefwSQYyzTc6R+hNKoAFdNCGaCdgRYAfmh4tJMrzpGjw86FsoQkzHJ0vtBDHFbUumICbYEQedNRpBDACH8oXjDCnSNuVMnkm3yF0yrcmz5O8krfGiHbBd+eb30gHnhJ8nwCJb/UKPzRGuo2ChTanSlnEa9okPqmrtG3NN/KmPWnekE5wyZpv9DV8WwhA+G1QPoHfOmh6dXyr99Rd501/F2Wq1N8/NAperZbfXd8vpbDBh0Mnpzs6n4F0gDQgOoS0A50HtNDxRAkc0CCSu27kadJFZyOdHwINHw4DlnzYlM1zPvCsaKJ8cCCAEzSBmdAEHQyk4JUW3xD6KFMC5TGA+5oT2g+DRRQ/5d2kriKsSn7QIkIFGDGgCo/gGXVIM5C/nn3HYQQttPssgj/TRejh++bbo12BEfSIQCsCUFq0Ub7GCDqgR7cjBMG02nFUvaq1bfmueI/2Bt/SmlRo2uL4Bj06CE06Lq17EcTkm6Ic+Ab/ECjoj6CHdNI3pUVLd8q3NMKGNAKYg2RK46CxxAkcaQ5Y0KAbKp0OjZMyowQO4hk89DtpNDLyl48DIUIPlMTTKTOTkABdadNEJyzaG7+DE5qk04YWBnjoSjIw8Ijmhk5OmyIoRwZ3BiswIy206oEjSXrIC0zARsoXDKQcaKHNwK8sZlS0XxkAqD/fmA6CEekIIvCLVkinTeoevglG1fgGbQzsDBa0n7T4Bk8EI9qqr1XiGTwTjLjSjtIMlCHaJsr3vx3hm1wZQNPEiLrqtg1NftsWWkRopg70m/I7abzIX/hGm0KA5wpvdP8Hf3lG3wlGabbtpOtYhvxKI2zQYKXjobHKoEpjodHQeCTwTAYXiUv6yschs3S5UgYfuy9w0NCzGDA0Rtz7nSEDKR8RHxUYyQeYNDY6P+iQujOAaWGHdNAB/8AQvvqDnM6r2XsZuCmLjpABQbcX8qW9CN9oU3RQaQahg6vcQ6cODCLQlEWgbNoGGAle0KUDfISfxNPOfXp12iTuKUdoEozi+JZEebXyoL4M1gTBSwv0xPPNgZEE/7nEJ3UVOnTb9vkmbZt4BvS0aRJecZV7n2+6bdMn8O2nFTRG1F3KgiZf4EiLBsv3xInSCBu6wfiM0wIHnaA0Jj9dkr8ZHOMGAhE4+NDQJqQ9cEm9BCN+8yExqPoCBZ2hlubl3bSuQpN0hnzcviCIEJk2TQwAIqxSFoOG3+mCV5YBwUqEK2jzhWZoYbD1O+q0aNQYQZcIX1IePPTt6vIsrSsDkfANYScOo7TK9/PVpkBoi8IIGrMMtfgGLXm0bZnsFKVt+/0OuGiBg77K13pmycd2L6s0wgaM4KMSlaHPGAYQ1KgM9FkFOpo4VRt0QE/ag6hfV2zXomlhFgMN+iPjY5Ln/rtp/dadIR80HZ/GhU5b05gGHVroIX/4g8AhgiCdjsxa0yg/Kk/KBgsGcQKYMFAJTQir/PaFoqi8kogDI42BFprJH7qyHkij+KYxksEiifrXk4eeZMA3hA/6AXhFoD/gG8wyRPHNb9tZ8422IlopsOAb13wDL2iUtp82XkxA4VNUkDYEvWBpIR0ESiVs0BDiGgwdI39ZBjoeBlI/SCekB1Q/TVq/dWdIGWDGR86HDXZZYyQ06I6HjxtaoItrFIZp4OMLq/AHYQw7LbSkZTOuVhctiJEOoUvTFCdcV8uzlWdgoYXRImKEhkNjpOltpe71vkub1WWiBRJ6+M7iJiD15t9MOtqRpgm+oYUqUtvWfAMnTW8zdW70HZ9v8j6CiAkagkZ611IJG8CgZ+4CCwOqqKMlLqtrVCOl8fJh5RWiPioG0jyl9ii+0Sln2TFHzW6YYYGNzEyz5hk80YIY5QtNCGVZBwYA2o8O0JE3Rj5NglEefAMjX0AWjLLSQmn+cB/VtoWmPDCCpmptOw+aoto2dKJ1ybNv9HnZrr8LKWzA+DjmxzWYNBlERxvX8WOP9DueNGmRvMEnjqaozlDeS/MKPUXgG/WPC1GCWFzaJOOr0eRrN5IsNy6vavQUEaMoYTWubknFV8MoapKRVLnV8vF9sHTaIvLN17hoetO6r8Y3MIrro9Kix/LtQKCQwgYNFFt2XKPIusFQHmr2qMEdkwnPspbU6XzjaIK1eXSG9fCtWkeQxEdJm0F9HGcuonxUy1kG2k01mqJmpWnSh/AMPXFmPkw38DLLgI2/Gkbwje8wqwBPqmGUxySjnrZdNL5l3bZr8Q0zZdYYZdVmi14OwkbhzkZhD/ovfelLwR7+UfvRZ3XOCXvTc64AgbM7OFNAn3FCPHv8Q+ttt90WpMviH3v5Q9enPvWpSJqgIeuzVyiTcypq8S1tnDgD5stf/rLjet1113VhB+ccgF1Uu+qSOKEIyoImrlE0zZgxIyhJzoZIqNjYbKCDb4jzKKLOyAEjzjjJEiPKq4aRnE+RxXkZAAc91TC6/vrrgzS0+axCPW2b/qlIfMu6bdfiG2dVZd22s2ofpSgHiaMoAQ2BLD9i5hWn4chq5s5sQvxBmC1HaROw00JnVtoNZsrYGQlgFEVT1hoXMCgC3+AVPAMjcInScGQ9u2EWjDYBjJidR9GU5cwdjMBHMIrScGQ9c2eZJP471TDChJDVrJS2zPdcDSNwk74hi/6ziG0b37R62nZWfKNfrKdtZ8m3LNpGGcoopBlFA+cLHKKGpzOUAVenT/teCxwM6KjtCDTeqE47bXrIn3K1wMHHTwAjWeueBR26jGp8E6FEp0/jXgYKGdxFCIFvCKs8zzr4gyk0yFJXBJEsHWapu2AkbReMGGQFo6wEaM0HHyOfb4KXfifNex8jGVzBhkkG9GYdhKa4tl0EvkEjfwTadt58022b/jIPvmXdTopUXu7CBg2QwYePJu4DkYEL6VgEDDrDNBovnT3lIDzENUYROLD9y6oTaJcPK2kG14sRH5DGCPrTwIj6aZriytB8k04RvvHRJxUQqOBD3D4d0imDC/hI2WkO6vg8QBO0RQX4QucLTSwBFOEQ2sAn6SAYxS2jFYykXQs/Bauk6SE/tBTV+KYxyoJvfMfsmVELI/oqeCbfuvAuDYzq5Zu0beGbte1ObsS17TQx6izd7jQCuQobfBzMMBnY+YjpVOI62zj1s65Mq/d0HNCDNoCOByfMqACNpJPZYFSapOLACFygSTqVPDGiXghW0CR8A4s8aELwhEfwARriBne0YXHmuKT4JPkwaAlNwjd5pq8M5OzNIJox/SzJezCiLYvgFyeUZYkRtGiM4vjG95gF3xCyNEaiPfX5gIAET0XQ8J8n+dtv20Xgm7XtJDnc/fLKVdjgI9cdDYNp1EfFoCYz4zRZxExLdzQIOFGDAXRmIWhQV+qtZ1vQpH8LHnROWWBEeQg+efONma8Wchi8+e0HmdmkOUuXMkUIhTaCCBTyXK48Z3Yc1bYkTRJX6k45IgjStvnthywxou4M2BqjPPmGMM83pTGKmmQwE9YaDR/DJH/DjyK2bZ9vCMt+YCKSVdv2+RbVtmWylsX372NhvysRyFXYYMCSTgeyEDQYNP1Ag8ki+AIEg6qYSXT5WdFDmT5G/Eb48kPWNGmTFzO+rPlG+b5gSget6QIjBhE67ywCZfnthQ4xqqPLgl9RGEX5GGSJETRpQRW+MIjlxTf4QPuVABZg5Af6KZ9GP01Sv6P4VoS27fPN2nZSHO8e+eQqbPgQozaV2TkffdQM3n8nzd90QiKA0NlorUea5VbLG0yKhBG0wjfU0BLy4huaKbHFMsBnMaBLneOu8Ap8CNAUJXjEvZtGPBiJ8AVdcp9GWfXmWTS+MUMWwQKM5L7e+qSRroh845svUtvWmqeitO002kJZ80TYKNQ+Gy+//LJjH4lZs/7/du4YN2EgiMLwcoOIipIj0PkYVjo4AiUlJ+AK7nBJh6gQR6IhOUL0LC0F4CVpZkeZ30WiGKSd/WaBYR3PZ7pcLtVvHb5er0NfBvXYsLx/fWzis9lseCgbWd7nX4pJ8ehQH4laeZON4lCetH5yTGNxW57PMVmOOTaWXmPqV7Fer8eeYnreW95yPNnIyzrKeVutVvf+P6aJehgsvxd5Wds5npy3h3D504GAq2JDDZf0QaGFs9/vq/PoBa5Co23blw2QagSoNz8ZNU3jIiY1NtORG1bVypviyG98x+MxLRaLGul5GtNbTKfTKW02m3Q+n9N8Pn+K1/qEx7zpA8uTkXKivOk1pryxtl+vUo95ex1p0LPa3vBwaAu81LLYOkZdDii1LLaOR+Npe9BbTNqK95A3XbKwuHvhL3n3FpO2463uqPitE0bvpXTJgrVddvK4tssRx3pUdcZEP7bbrYtSq+u6pFbAHg7tIBwOh6QWt14OxaS21svl0ktIQxx931d3UhtifUv28q1PMNrV0OElJrW81m6Ghx2NAQajzFD8zdou8gwPelzb76OO84zdbpdcFRtx6JkpAggggAACMQRUbLj6n40Y7MwSAQQQQACBWAIUG7HyzWwRQAABBBAwF6DYMCdnQAQQQAABBGIJUGzEyjezRQABBBBAwFyAYsOcnAERQAABBBCIJUCxESvfzBYBBBBAAAFzAYoNc3IGRAABBBBAIJYAxUasfDNbBBBAAAEEzAUoNszJGRABBBBAAIFYAhQbsfLNbBFAAAEEEDAXmHRd93W73T7MR2ZABBBAAAEEEPj3AtPp9PsHPZ2wjNR6UXAAAAAASUVORK5CYII=)
Source: FIIG Securities, Bloomberg
Figure 2
2. Australian Capex came out stronger than expected. Capital expenditure (capex) is a business’ investment in its own future growth. According to the ABS, Australian total new capital expenditure was $28.2bn, up 0.6% for the quarter ending 30 June 2017 over the previous quarter, although down 4% compared to a year ago. This is part of a bigger trend stemming out of the US and the stronger than expected Australian capex results was a good sign, with RBC Capital Markets senior economist observing that the mining capex downturn is drawing to a close in Australia. Barminco makes up 89% of their revenue from Australia
3. ASX listed companies’ 52 week high – some mining companies – Ausdrill, NRW, WorleyParsons and more – are hitting 52 week highs on the Australian share market
4. Possibility that Barminco will relist shares. Recent news suggests that the company could be valued at $400 million which is very positive for its bonds
5. Rising employment opportunities. Employment website SEEK reported that ads in mining, resources and energy grew 60% in September compared to the same time last year – this is a huge leap! One could infer that Barminco is busy with recruitment as 89% of its revenue comes from Australia as of December 2016
Moody’s upgrade of Ausdrill
The Moody’s upgrade of Ausdrill, a West Australian based mining services company that has many parallels to Barminco is another positive sign. Both companies have a joint venture in Africa with Moody’s recently stating that Ausdrill’s credit performance is increasingly driven by that business.
Moody’s cites further points in its Ausdrill upgrade similar to the trends discussed above that can be correlated to Barminco – that exposure to gold has been a positive with growth opportunities starting to emerge in the sector as capex expands, as well as developments of new mines over the next 24 months.
Possible acquisition by Ausdrill
There is increasing speculation that Ausdrill is working on a deal to revive prior attempts to embark on a merger with Barminco. This is good news for Barminco (owned by Wesfarmers advisory firm, Gresham) and BIS industries as its owners search for an exit.
If the acquisition by Ausdrill falls through, it is likely that Barminco will list next year having tested the market earlier this year for a possible float.
Ausdrill is timing an increase in its share price so that a merger with Barminco will be perceived to make sense. Ausdrill’s market value has grown to $780 million with shares traded at 21 cents in 2015, but closing at $2.54 yesterday – a price that would render a Barminco merger as reasonable.
To add more fuel to my interest in the Barminco bonds, there is a change of control clause on the bonds where we would have the rights (but not obligation) to sell at USD101.0, a nice pick up for a bond trading below that level.
Note this bond is available to wholesale clients only.
Issuer | Capital structure | Rating | Maturity date | Coupon | Yield to maturity | Running yield | Mkt price/$100 | Minimum face value |
Barminco Finance Ltd | Senior secured debt | B | 15 May 2022 | 6.625% | 6.53% | 6.60% | USD100.375 | USD10,000 |