ENXTPA:EDENDiversified Financial
Edenred (ENXTPA:EDEN) Valuation Check After Strong Demand For New €500 Million Bond Issue
Edenred (ENXTPA:EDEN) has drawn fresh investor attention after issuing a €500 million, 7 year bond at a 3.75% coupon, with demand reportedly more than three times the offer size.
See our latest analysis for Edenred.
The bond deal comes after a softer period for the equity, with the share price at €17.97 and a 90 day share price return of a 12.77% decline. The 1 year total shareholder return of a 39.92% decline and 5 year total shareholder return of a 56.75% decline suggest longer term...