October 15, 2024 11:59 GMT
Louis Dreyfus (LOUDRE; NR/BBB+) 7Y FINAL
CONSUMER STAPLES
(owned by the Dreyfus's; 4th Generation)
€650m 7Y FINAL MS+125 vs. FV +100 (25bp NIC)
- -35 in from IPT, books>€2.8b, upsized from exp. €500m
- Perhaps it would have had better pricing in $s where all of its peers trade (widest swapping back to +90 on near equal ratings - BBB+ CW pos).
50 words