Oddo BHF - Banijay : Issuance Focus

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Oddo BHF

Pierre François Merveille

Banijay : Issuance Focus

Banijay plans to raise â‚¬Â 2.2bn of new debt, including â‚¬Â 1.25bn of bonds (â‚¬Â 525m of secured 5NC2, $ 363m of secured 5NC2 and â‚¬Â 400m of unsecured 6NC2.5) to refinance existing debt and finance the acquisition of Endemol Shine Group for â‚¬Â 2.02bn. We recommend subscribing to the new secured 5NC2 and unsecured 6NC2.5 bonds in EUR at minimum yields of around 3.50% and 6.50% respectively.>...

04/02/2020 10 EN

Provider

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.

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Analysts

Pierre François Merveille

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Banijay : Issuance Focus

Will fiscal laxity ever be punished by the markets?

Le laxisme budgétaire sera-t-il un jour sanctionné par les marchés ?

Credit Morning 04/25/2024

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