Report

Une prime réduite et désormais moins intéressante A reduced and less attractive premium

Mercialys successfully returned to the primary bond market in early September. The property company issued € 300m of new senior bonds maturing in 2031 with a coupon of 4%. The premium offered by the MERYFP curve has been significantly reduced compared with the BBB market and the main French commercial property companies, against a backdrop of an improved credit profile. We take the opportunity of this new issue to review the French retail property market, operating performance an...
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.

Other Reports from Oddo BHF
Matthias Desmarais
  • Matthias Desmarais
Matthias Desmarais
  • Matthias Desmarais
Matthias Desmarais
  • Matthias Desmarais

ResearchPool Subscriptions

Get the most out of your insights

Get in touch