Report
Schenck Process : Focus Emission
Schenck Process is poised to issue a € 425m senior secured bond due 2023 (NC2). Together with an equity contribution of € 44m and a € 176m shareholder loan, this operation will finance the company’s acquisition by Blackstone. The bond has been assigned a B3 rating by Moody’s and a B rating by S&P, in line with the group’s B3/positive and B/stable ratings.We recommend subscribing to the bond at a yield of around 5%.>
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.
Other Reports from Oddo BHF
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.