Report
Carine Maciol

APICIL : Issuance Focus

Apicil is returning to the market with a € 250m Tier 2 sub benchmark issue with a 10-year maturity, rated-Baa2. This operation is coupled with a tender offer at 101.4% for € 75m (half) of the Tier 2 notes maturing on 17 November 2025. This bond issue, which raises the volume of issued debt by € 100m, will serve to boost the group’s organic growth, including through the integration of Territoria Mutuelle this year, and to consolidate solvency.>...
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
Carine Maciol

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