Oddo BHF - Nous débutons la couverture de l’obligation à l’Achat

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Oddo BHF

Anne-Barbara Nicco

Nous débutons la couverture de l’obligation à l’Achat

ITM Entreprises (groupe Les Mousquetaires) a placé hier son emprunt obligataire inaugural destiné à refinancer une partie du crédit relais obtenu pour financer le rachat des magasins Casino. L’encours de 300 m EUR sur 5 ans et a été placé à un taux de 5,75% vs. un IPT annoncé à 6,125%. Dans notre Focus Emission du 11/07/24 nous avions estimé le fair yield autour 4,75%. Nous initions la couverture à l’Achat. Le rendement actuel de 5,7% ask représente une prime de 2 points sur le r...

16/07/2024 1 FR

Provider

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.

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Analysts

Anne-Barbara Nicco

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Nous débutons la couverture de l’obligation à l’Achat

Maisons du Monde : Q1 2025 revenue down sharply by 10.9%, in line with expectations. Cumulative FCF target of €100 million in four years vs three years initially

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 05/15/2025

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 05/15/2025

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