Oddo BHF - Oddo convertible news 27/03/2019

Report

Oddo BHF

Oddo convertible news 27/03/2019

Genfit announced the pricing of its ADS and share offeringRDI REIT: potential offer by Australia-based Cromwell Property GroupNeopost unveiled FY-2018/19 results slightly above expectations>...

27/03/2019 7 EN

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.

See profile

Other Reports from Oddo BHF

Mateo Salcedo

Mateo Salcedo

Q-Park : Back into the HY market to finance its M&A strategy

Q-Park has just issued € 300m of new 5NC2 notes. Proceeds will be used to repay € 190m of drawn amounts under the RCF that were mostly used to finance M&A transactions, fund the acquisition of Bavaria in Germany of over € 70m, pay related fees and expenses, and increase cash on balance sheet levels. On a PF basis, net leverage stood at 6.5x as of end-March, or 0.1x lower than on a reported basis explained by the accretive acquisitions. Going forward, we expect Q-Park’s performance to remain positive supported by its strong pricing power and resilient business model. Deleveraging, however, coul...

1h / 57m 1h / 57m 1 EN

Mateo Salcedo

Mateo Salcedo

Q-Park : Back into the HY market to finance its M&A strategy

2h / 21m 2h / 21m 1 FR

Anne-Barbara Nicco

Anne-Barbara Nicco

Flos B&B Italia (ex-IDG) : Ratings at risk after a challenging start to the year. Lowering our recommendation.

After an upswing in its operating performance in Q3 and Q4 2024, Flos B&B Italia experienced a fairly sharp downturn in Q1, with double-digit declines in top-line sales in the Americas and Asia, and Q2 looks set to follow suit. Q2 is poised to be similar and visibility for the rest of the year remains very limited, significantly dependent on business in the US. Against this backdrop, the high leverage ratio, which had never really begun to decline since the M&A transactions carried in 2021/2022, climbed to 5.2x based on adjusted EBITDA and to 6.1x based on reported EBITDA. This could disappoin...

2h / 33m 2h / 33m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Oddo convertible news 27/03/2019

Q-Park : Back into the HY market to finance its M&A strategy

Q-Park : Back into the HY market to finance its M&A strategy

Flos B&B Italia (ex-IDG) : Ratings at risk after a challenging start to the year. Lowering our recommendation.

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe