September 05, 2024 08:35 GMT
CREDIT SUPPLY: Arkema (Baa1/BBB+[P]): New Issue FV
CREDIT SUPPLY
- EU500m WNG 10Y Fixed MS+165 Area.
- We see FV at MS+120a.
That puts FV inline with the DOW (Baa1/BBB/BBB+) and CRHID (Baa1/BBB+/BBB+) curves. Although SGOFP (Baa1/BBB+/NR) is flatter, that looks more of an outlier.
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