Oddo BHF - Verisure : New SSN 2026: We would subscribe at a yield of 3.75% (IPT: 4.0-4.25%) or more; the existing floating SSN 2025 are attractive now

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Oddo BHF

Markus Schmitt

Verisure : New SSN 2026: We would subscribe at a yield of 3.75% (IPT: 4.0-4.25%) or more; the existing floating SSN 2025 are attractive now

Verisure intends to refinance â‚¬ 1bn of its Term Loan B with proceeds from the issuance of a new term loan (â‚¬ 300-500m) and new senior secured notes due 2026 (â‚¬ 500-700m). - Verisure had a solid Q1 20, albeit it felt the impact of Covid-19 in March 2020. Revenue rose by 11.4% (FX-adjusted: 13.6%) to â‚¬ 511m in Q1 20 (Q1 19: â‚¬ 458.8m) driven by the higher customer base and higher average monthly revenue per user. Adjusted EBITDA increased by 4.2% (FX-adjusted: 6.2%) to â‚¬ 193.4m in Q1 ...

09/07/2020 8 EN

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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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Markus Schmitt

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Verisure : New SSN 2026: We would subscribe at a yield of 3.75% (IPT: 4.0-4.25%) or more; the existing floating SSN 2025 are attractive now

France, as seen from the deck of the Titanic

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Bravida : A good vehicle to make the most of the upturn in Nordic construction

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