Sulzer AG: 1 director

A director at Sulzer AG sold 1,587 shares at 165.000CHF and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board memb...

ODDO BHF Small & MIDCAP MORNING NEWS – 02/27/2025

ODDO BHF Small & MIDCAP MORNING NEWS – 27/02/2025

Viridien : New bond priced in line with our fair value

Viridien has successfully priced its $ 950m-equivalent bond offering split between a $ 450m tranche (vs $ 475m before) and a € 475m tranche (i.e. $ 500m vs $ 475m before). The USD bonds were priced at a yield of 10% to par, tighter than both the IPTs of 10.25-10.5% and guidance of 10.25% area. On the other hand, the EUR bonds priced at a par to yield of 8.5%, also tighter than its IPTs (8.75-9%) and guidance (8.75% area). This is in line with our fair price of 8.5%. We are, therefore, initiating coverage of the new 2030 bond with a Buy recommendation. See our latest report on Viridien here

Viridien : New bond priced in line with our fair value

Viridien has successfully priced its $ 950m-equivalent bond offering split between a $ 450m tranche (vs $ 475m before) and a € 475m tranche (i.e. $ 500m vs $ 475m before). The USD bonds were priced at a yield of 10% to par, tighter than both the IPTs of 10.25-10.5% and guidance of 10.25% area. On the other hand, the EUR bonds priced at a par to yield of 8.5%, also tighter than its IPTs (8.75-9%) and guidance (8.75% area). This is in line with our fair price of 8.5%. We are, therefore, initiating coverage of the new 2030 bond with a Buy recommendation. See our latest report on Viridien here

Credit Morning 03/12/2025

Avolta: strong set of full-year earnings, medium-term targets confirmed|Fnac Darty: S&P revised the outlook to stable on BB+ rating|Wendel announced the forward sale of Bureau Veritas shares representing 6.7% of the capital.|Branicks FY 24 results: Vacancy deteriorated further (7.4%), aims EUR 600-800m in asset sales|GCP FY 24 results: Solid year and overall in good shape|Viridien: pricing of the bond offering|