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TRANSPORTATION: Elo/Auchan (ELOFR; NR/BB Neg) gaps in our knowledge

TRANSPORTATION

(owned by the Mulliez family)

Below questions are the gaps in understanding we referenced. Reminder this is the 4th largest issuer in €HY with ~€4.5b outstanding in public bonds. The new April 28s are -11pts in 6-months and will likely be in the running for worst performing consumer issuance YTD.

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(owned by the Mulliez family)

Below questions are the gaps in understanding we referenced. Reminder this is the 4th largest issuer in €HY with ~€4.5b outstanding in public bonds. The new April 28s are -11pts in 6-months and will likely be in the running for worst performing consumer issuance YTD.

Keep reading...Show less