Report
Credit Morning 06/07/2017
Bayer has reduced its direct holding in Covestro from 53.3% to 44.8% and placed bonds exchangeable into Covestro shares maturing in 2020 in a principle amount of EUR 1bn.Banco Popular’s resolution scheme entered into force: AT1 hit by a haircut and Tier 2 converted into equity. The business is transferred to Santander which announced a capital increase of € 7bn. >
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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.
Carole Braudeau
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