Report
Delphine Chauvin

Boels : Issuance Focus

Boels (Ba3 neg/ BB stable) is seeking to issue a €500m bond maturing in 2030 (6NC2) to finance the acquisition of Riwal. This will be Boels' second call on the market in less than a year. Last September, the group had already issued €400m maturing in 2029, at a rate of 6.25%. Since then, the price of these bonds had risen to almost 105% in January (YTW 4.7%) and then began to weaken over the last two months or so, particularly since the announcement of the takeover of Riwal. The ...
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
Delphine Chauvin

Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch