Report
Maxime Kogge

Alain Afflelou : Strong performance already reflected in the spreads. We lower our recommendation to Neutral from Buy on the two bonds

Publication date 18/07/2019 08:07 - Writing date 18/07/2019 08:06 - Shareholders - Lion Capital - 38.5% - Apax France - 13.7% - Caisse Dépôts et Placements Québec - 29.2% - Alain Afflelou and family - 13.4% - Management - 5.1% - - Spreads on secondary market - - Issuer - Rating - Maturity - Coupon - Mid-price - ASW - Limacorporate - B2/B - 08/2023 - 3.750 - 100.3 - 247 - Afflelou - B3/B - 10/2023 - E+4.125 - 101.3 - -68 - Afflelou - B3/B - 10/2023 - 4.000 - 103.8 - 174 - Picard - B3/B - 11/2023 - E+3.000 - 98.0 - 345 - Burger King - B3/B- - 05/2024 - 6.000 - 107...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Maxime Kogge

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