April 26, 2024 11:58 GMT
Danone (BNFP; Baa1, BBB+; S) {BN FP Equity}
CONSUMER STAPLES
EU700m 6Y MS+60-65 vs FV of +58, coming in line.
*Books >€2.8b well covered, size on smaller end.
*Moves in 29s (+2) are small but trades above curve at +54 (-6 for 9months). No change to FV.
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