May 13, 2024 09:54 GMT
Amprion (Baa1/NR/BBB+): New Issue FV Analysis
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- IPT: Amprion EU1b WNG Green; 7Y MS+120-125, 20Y MS+175-180.
- We see FV at 87a, 150a.
- Based on respective secondary curves ~10bp wide to EOANGR and ~2bp inside ENGIFP seems fair for 20 year.
- AMPRIO secondary 2-3 wider today.
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