Report
Juan Ros-Padilla

Logista : Roadshow highlights

>New cash pooling agreement with Imperial and rate hedging - The new terms (6M Euribor + 75bp vs ECB +75bp previously) came into force in June 2024 and will be valid for the next three years. The company unveiled during the roadshow that they have hedged the rate at 3.6% for the next three years (vs 6M Euribor at 3.7% today, 3.0% 1Y fwd, 2.7% 2Y fwd and 2.6% 3Y fwd) for the first € 1bn in the cash pooling agreement.The company is still looking for additio...
Underlying
Compania de Distribucion Integral Logista Holdings S.A.

Compania de Distribucion Integral Logista Holdings, through its subsidiaries, is a distributor and logistics operator in Spain, Portugal, France, Italy and Poland. Co. is engaged in providing various distribution channels with a range of products and services, including tobacco and tobacco related products, convenience goods, electronic documents and products (such as mobile phone and travel card top-ups), pharmaceutical products, books, publications and lottery tickets. Co. provides these services through a network which spans the whole value chain, from picking up to POS delivery.

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
Juan Ros-Padilla

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