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COMMUNICATIONS: Cellnex CEO Announces Dividends To Resume A Year Early

COMMUNICATIONS

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Not a lot of additional detail; the article doesn’t seem to yet be visible on the Il Sole 24 Ore website. Cellnex’s performance has slowed in recent months as focus shifts to shareholders in the wake of their ratings upgrade. Credit negative in and of itself though the shift in focus has been flagged (the Austria deal is also to be used for payouts) and the issuer remains committed to its new IG rating.

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BBB-/BBB-

Not a lot of additional detail; the article doesn’t seem to yet be visible on the Il Sole 24 Ore website. Cellnex’s performance has slowed in recent months as focus shifts to shareholders in the wake of their ratings upgrade. Credit negative in and of itself though the shift in focus has been flagged (the Austria deal is also to be used for payouts) and the issuer remains committed to its new IG rating.

Keep reading...Show less