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ABGSC Renewable Energy Research ... (+2)
  • ABGSC Renewable Energy Research
  • Olof Cederholm

Down to HOLD after SEK 60 offer

EQT Infrastructure Fund VI offers SEK 60 per share. Conditional on >50% acceptance, ~46% already supportive. Despite a low price, we think the offer will go through, down to HOLD.

Thomas J. Schiessle
  • Thomas J. Schiessle

Inventory reduction in China completed - guidance FY24 confirmed - gro...

Costs are under control, but an increase in sales in H2/FY 24 is necessary to achieve the bottom line of guidance FY24, which is now qualified as "ambitious". Once there is more clarity on this, the guidance will be specified. The guidance FY24will now only be raised by the D.O.R.C. top-line contribution (FY24: approx. € 100m; D.O.R.C. bottom-line contributions (incl. ppa) will follow later).

Zumbrota-Mazeppa I.S.D. 2805, MN: Update to credit analysis following ...

Our credit view of this issuer reflects its strong local economy, thin reserves and above average leverage.

Environmental Risks – Brazil: Heavy rainfall and floods disrupt produc...

The heaviest rain and floods in Brazil's history have curtailed operations and halted logistics in Rio Grande do Sul state, with the risk of prolonged production cuts if flooding persists.

Hutto Independent School District, TX: Update to credit analysis

Our credit view of this issuer reflects its strong fund balance and liquidity position, offset by its high leverage.

Moody's Ratings assigns Aaa to Loudoun County, VA's GO Bonds, Series 2...

Moody's Ratings (Moody's) has assigned a Aaa rating to Loudoun County, VA's General Obligation Public Improvement Bonds, Series 2024A, with an estimated $294.6 million par amount, and Aa1 rating to the county's Public Facility Revenue Bonds, Series 2024A (Loudoun County Public Facilities Projects), ...

 PRESS RELEASE

Nokia Corporation: Repurchase of own shares on 13.05.2024

Nokia Corporation: Repurchase of own shares on 13.05.2024 Nokia CorporationStock Exchange Release13 May 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 13.05.2024 Espoo, Finland – On 13 May 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL376,3633.49CEUX--BATE--AQEU--TQEX--Total376,3633.49 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to...

Global Infrastructure Solutions Inc.: Update following ratings affirma...

Our credit view of this issuer reflects its stable margins and strong liquidity and its strong relationships with subcontractors, constrained by its modest margins and focus on M&A.

Moody's Ratings places AP Gaming's ratings on review for downgrade on ...

Moody's Ratings ("Moody's") today placed the ratings of AP Gaming I, LLC ("AP Gaming", subsidiary of PlayAGS, Inc.) on review for downgrade including its B2 Corporate Family Rating ("CFR"), B2-PD Probability of Default Rating ("PDR"), and B2 ratings on its backed senior secured first lien revolving ...

Moody's Ratings upgrades 10 bonds issued by Wells Fargo Mortgage Backe...

Moody's Ratings (Moody's) has upgraded the ratings of 10 bonds from four US residential mortgage-backed transactions (RMBS), backed by prime or prime jumbo residential mortgage loans originated and serviced by Wells Fargo Bank, N.A. Please click on this link /viewresearchdoc....

MidCap Financial Issuer Trust: Update to credit analysis following rat...

Our credit view of this issuer reflects its first-lien oriented and granular portfolio and strong long term track record, but also its heavily secured financing structure.

Union Electric Company: Update to credit analysis

Our credit view of Union Electric reflects a generally credit supportive regulatory environment as well as a solid financial profile amid elevated capital spending.

Playtech Plc: Update following publication of 2023 results

Our credit view of Playtech Plc reflects its strong market position in the gaming and gambling software, together with its B2C operations in Italy.

SS&C Technologies Holdings, Inc.: Update to credit analysis following ...

Our credit view of this issuer reflects its strong profitability, healthy cash flow and large industry scale offset by moderately high debt leverage and aggressive financial policy.

Moody's Ratings has updated the sale amount for Water Works Board of t...

Moody's Ratings (Moody's) reports that the change in sale amount for Water Works Board of the City of Birmingham, AL's WIFIA Bond (Infrastructure Repair and Rehabilitation Project) which we rated on March 15, 2023 will have no impact to the bonds assigned Aa2 senior lien revenue rating. The par am...

Structured Finance: Global Covered Bonds: Week in Review

This is a weekly summary of research and rating actions globally on covered bonds rated by Moody's.

Imperial Irrigation District, CA Elec. Ent.: Update to credit analysis

Our credit view of this issuer reflects its sound financial metrics and very competitive electric rates, offset by its moderate exposure to environmental challenges.

Lottomatica S.p.A.: Covenant Quality Pre-Sale Snapshot: €900m Senior S...

Overall, Lottomatica S.p.A.’s (the “Issuer”) covenant package provides weakest protection (4.63).

Moody's Ratings assigns A1 enhanced rating to Scranton City School Dis...

Moody's Ratings (Moody's) has assigned an A1 enhanced rating to the School District of the City of Scranton, PA's proposed $5.7 million Federally Taxable General Obligation Bonds, Series A of 2024 and proposed $2.9 million Federally Taxable General Obligation Notes, Series B of 2024. Moody's maintai...

 PRESS RELEASE

Sensirion Holding AG: Die Generalversammlung der Sensirion Holding AG ...

Sensirion Holding AG / Schlagwort(e): Generalversammlung Sensirion Holding AG: Die Generalversammlung der Sensirion Holding AG stimmt allen Anträgen des Verwaltungsrates zu 13.05.2024 / 20:40 CET/CEST   Medienmitteilung 13. Mai 2024, Sensirion Holding AG, 8712 Stäfa, Schweiz   Die Generalversammlung der Sensirion Holding AG stimmt allen Anträgen des Verwaltungsrates zu An der ordentlichen Generalversammlung vom 13. Mai 2024 in Rapperswil-Jona wurden die Aktionärinnen und Aktionäre der Sensirion Holding AG über die Ergebnisse der Sensirion-Gruppe für das Geschäftsjahr 2...

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