Report
Maxime Kogge

Aldesa : After the dust has settled…

After the botched refinancing process, some investors lost faith in the company. We were also disappointed with the manner in which the process was handled but we think that it should be viewed separately from the group fundamentals which are still decent and improving, albeit at a moderate pace. This holds out the prospect of another refinancing opportunity in April or May next year on the back of full-year results. The € 250m notes currently yield 10.9%, which remains attractiv...
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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