Amadeus IT Holding SA : Q1 expected to be down by -25% to -30%. Capital increase of € 750m
>Capital increase to cover the most challenging scenarios - Yesterday, Amadeus announced after market a capital increase of € 750 at a price of € 39 via accelerated book-building and the issuance of a convertible loan for € 750m. These two operations might come as a surprise because the group had already secured a € 1bn loan to cover its main maturities in the short term but Amadeus is ensuring that it can contend with the bleakest scenarios. These include a stress sc...Amadeus is a transaction processor for the global travel and tourism industry. Co. provides transaction processing power and technology solutions to both travel providers (including full service carriers and low-cost airlines, hotels, rail operators, cruise and ferry operators, car rental companies and tour operators) and travel agencies (both online and offline). Co. acts both as a worldwide network connecting travel providers and travel agencies through a processing platform for the distribution of travel products and services (through the Distribution business), and as a provider of a portfolio of IT solutions which automate certain business processes (through the IT solutions business).
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.
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