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      Instrument data
      Issuer
      FNAC DARTY SA
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      XS2778270772
      Coupon percent
      6%
      Coupon type
      Fixed
      Instrument volume
      550,000,000
      Maturity date
      01/04/2029
      -
      BBB Outlook: None
      BBB Outlook: None
      Latest change
      New
      09/04/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Claudia Aquino Lead analyst
      Philipp Wass Committee chair
      Scope affirms Fnac Darty S.A.’s issuer rating at BBB and revises the Outlook to Stable from Negative

      23/2/2024 Rating announcement EN

      Scope affirms Fnac Darty S.A.’s issuer rating at BBB and revises the Outlook to Stable from Negative

      The Outlook change reflects Scope’s expectation that leverage will reduce to below 2x in 2024, driven by the strict cost control programme, which is helping to maintain operating margins.

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