Chile’s CMPC Dollar Bonds Cut to Underperform at Gimme Credit
Source: BFW (Bloomberg First Word)
Tickers
CMPC CI (Empresas CMPC SA)
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UUID: 7947283
(Bloomberg) -- Cuts recommendation from outperform after bond’s recent rally, according to note.
Alert: HALISTER1- “Considering the tough competitive landscape in panels and sawn timber, a slump in pulp prices and an increase in capital expenditure, we expect stable to slightly higher leverage ratios in FY16 year-on-year,” analyst Alexandre Dray says
- NOTE: CMPC 2024s have gained 7.4% YTD
Source: BFW (Bloomberg First Word)
Tickers
CMPC CI (Empresas CMPC SA)
To de-activate this alert, click here
UUID: 7947283