A director at Norwegian Air Shuttle ASA maiden bought 65,000 shares at 16.585NOK and the significance rating of the trade was 73/100. 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 las...
In today's Morning Views publication we comment on developments of the following high yield issuers: Modulaire, Aggreko, Stada, Eircom, ASK Chemicals, Ardagh Metal Beverage Packaging, Ardagh, Asmodee, Odfjell Drilling, Oriflame, Motel One, Alain Afflelou, Bertrand Franchise, Trivium, Novelis
Odfjell Drilling is roadshowing 5.25-year USD 650 mn first-lien bonds. Proceeds from the offering, along with funds from a new USD 250 mn Deepsea Bollsta bank facility and USD 59 mn from an existing Deepsea Stavanger term loan, will be used for the acquisition of the Deepsea Bolsta rig (USD 480 mn), repayment of existing HY bonds (USD 323 mn including call premium), repayment of existing bank facilities (c. USD 148 mn) and payment of transaction costs. We view fair value on the new notes in ...
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