Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
EUR
ISIN
XS1496175743
Coupon percent
3.25%
Coupon type
Fixed:Plain Vanilla Fixed Coupon
Instrument volume
650,000,000
Maturity date
30/09/2023
-
WD
Outlook:
N/A
WD
Latest change
Withdrawal
11/12/2019
General information
Rating
Public
Solicited
With issuer participation
EU Rated
Withdrawal reason: end of maturity of the debt obligation, or in case the debt is redeemed, called, prefunded, cancelled
Claudia Aquino
Lead analyst
Sebastian Zank
Committee chair
18/2/2019 Rating announcement EN
Scope Ratings assigns initial issuer rating of BBB- to Fnac Darty, S.A., Stable Outlook
The rating is supported by the retailer's strong market position in France, fast transition to omni-channels, and low overall leverage. The dominant exposure to France is a rating constraint.
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