Qalaa Holdings reported 3Q21 consolidated financial results posting a net loss post minority of EGP441 million, versus 2Q21’s net loss of EGP402 million and 3Q20’s net loss of EGP444 million. Consolidated debt stood at EGP63.1 billion of which EGP43....

TAVHL-Fraport JV has won the tender, with an EUR7.25bn offer, held by State Airports Authority (DHMI) in Dec 2021. Starting from 2027E, JV will collect EUR1.5/PAX security fee from international PAX. We assumed 4 equal payments of EUR150 between 2022...

Leonardo: KNDS prepares bid for unitsHold LDOIM 1/26 at a z-spread of 154bp. Rossini: Recordati buys EUSA Pharma for EUR 750mnHold the ROSSINI floater, trading at 99.9/100.2. Telecom Italia: Italian government likely to exercise Golden PowerHold TITI...

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