Report
Delphine Chauvin

Louis Dreyfus Company : The opening of LDC capital: a « game changer »

Good news in a few days for Louis Dreyfus Company: an opening of capital, of which at least $ 800m will be used to repay debt, a first official investment grade rating from S&P and the launch of a bond issue to take advantage of a market window. - In this note, we look back on these various announcements and the latest earnings release. Our Credit Opinion is upgraded to Stable from Negative. Regarding the current bond placement, we heard about an above-2% yield. This premium seems ...
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

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