Credit Morning 12/12/2025

Eutelsat completes its rights issue of € 670m|Proposals for simplifying banking regulations by the ECB|BPCE and Generali abandon their asset management joint venture project|

Morning Crédit 12/12/2025

Eutelsat finalise son augmentation de capital avec DPS de 670 m EUR|Propositions de simplification de la réglementation bancaire par la BCE|BPCE et Generali abandonnent leur projet de coentreprise en gestion d’actifs|

Eutelsat Communications SA: Update following rating upgrade to Ba3

Our credit view of this issuer reflects its improved credit metrics and GRI denomination resulting in expected extraordinary support from the Government of France

Credit Morning 12/02/2025

Moody’s raises Eutelsat corporate rating to Ba3/stable from B2 cw pos|

Morning Crédit 02/12/2025

Moody’s relève le rating d’Eutelsat de B2 cw pos à Ba3/stable|

Credit Morning 11/25/2025

Bertrand Franchise : 11.5% growth in Q3 2025 EBITDA, offsetting the decline in H1 2025|Zegona : satisfactory results in H1 2026, agreement to sell 40% of Fiberpass to AXA IM|

Morning Crédit 25/11/2025

Bertrand Franchise : EBITDA en hausse +11.5% au T3 25, rattrapant la baisse du S1 25|Zegona : résultats satisfaisants au S1 2026, accord pour la cession de 40% de Fiberpass à AXA IM|

Morning Crédit 19/11/2025

eDreams: Good Q2 2025/26 results but very disappointing outlook for the next 18 months.|Ardagh Metal Packaging émet de nouvelles obligations|Finnair: we see a FV for the new bond at 4.25%a|Banque : la BCE a publié le bilan SREP 2025|

Credit Morning 11/19/2025

eDreams: Good Q2 2025/26 results but very disappointing outlook for the next 18 months.|Ardagh Metal Packaging issues new bonds|Finnair: we see a FV for the new bond at 4.25%a|Banking: ECB publishes SREP 2025 report|

Credit Morning 11/05/2025

Altice France has reportedly launched the sale of Netco (L’Informé)|Ban on thermal vehicles in Europe after 2035: the debate is reignited|

Morning Crédit 05/11/2025

Altice France aurait lancé la vente de Netco (L’Informé)|Interdiction du thermique en Europe après 2035 : le débat est relancé|

Credit Morning 10/22/2025

Playtech falls after being identified as the author of a report against Evolution|Verisure: a new recapitalisation dividend for Hellman|Worldline: revenue decline slows in Q3. FY25 guidance is slightly revised downwards.|

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 10/22/2025

Morning Crédit 22/10/2025

Playtech chute après avoir été identifié comme l’auteur d’un rapport contre Evolution|Verisure : un nouveau dividende récap pour Hellman|Worldline : la baisse du CA ralentit au T3. La guidance 2025 est légèrement affinée à la baisse|

ODDO BHF SECURITIES Small & MIDCAP MORNING NEWS – 22/10/2025

Eutelsat : LEO offsets GEO in Q1 2026

Eutelsat : Le LEO compense le GEO au T1 2026

Eutelsat (Sell, €2.0, -46%) 1Q26: Revenue miss on FX weakness; Capital...

Eutelsat reported Q1 revenue -4% below consensus, negatively impacted by FX headwinds, while all full-year guidance (at constant FX) was reaffirmed. With Q1 results now behind it, the company plans to execute the €1.5bn capital raise (reserved capital increase and rights issue) before calendar year-end, pending FCC approval in the US.

Credit Morning 10/01/2025

Golden Goose : HongShan Capital made a non-binding offer to acquire 100% of the capital.|Eutelsat: shareholders approve the planned capital increase of € 1.5bn|Soitec initiates succession plan process for CEO|

Morning Crédit 01/10/2025

Golden Goose : HongShan Capital aurait fait une offre de rachat sur 100% du capital|Eutelsat : les actionnaires approuvent le projet d’augmentation de capital de 1,5 md EUR|Soitec engage le processus de succession de son directeur général|