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Codere : Do cry for me, Argentina
>Conclusion // Recommendation - Codere’s bonds have taken a hit since May from the deterioration in Argentina. While the free fall of the peso came more or less to a halt in October, the looming fiscal tightening against the gaming sector has recently put renewed pressure on Codere’s bonds. Argentina was already behind the stress of 2013 when the gaming company entered a lengthy restructuring process. This time, despite renewed tension in Argentina, Codere has been a...
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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.
Maxime Kogge
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