Fixed Income Analysis /
Global

HY & Xover Update - BORMPH, DUFNSW, TITIM

    Gianfranco Arcovito
    Gianfranco Arcovito

    CFA - Utilities, Hybrids

    Contributors
    Jana Schuler
    Jonathan Schroer
    UniCredit
    1 April 2022
    Published by

    HY & Xover Update

    • Bormioli Pharma: Solid 4Q21 key figuresBuy the BORMPH trading at 93.65 or a discount margin of 658bp
    • Dufry: S&P revises outlook to stableHold DUFNSW bonds
    • Telecom Italia: Likely to sign agreement to merge with Open FiberSell TITIM bonds