This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Reno De Medici 6.975% 04/29 Bond
LATEST BOND PRICE
EUR
---.--
Yield:--.--
SELL
LATEST BOND PRICE
EUR
---.--
Yield:--.--
BUY
Get Access to Bond Prices, Yields & Analytics
10k+ corporate, sovereign and EM bonds
Transparent two-way bond prices from the interbank bond market
Bond Market Daily newsletter and new bond issues
No credit card required- Price
- Yield
Zoom
1w
1m
6m
1y
Max
High: --- | Low:---
Bond Description
Current Coupon
6.975%
Maturity Date
15/04/2029
Credit Risk
High
Currency
EUR
Seniority
Secured
Coupon Type
Floating-Floating
Country
ITA
Industry Type
Packaging and Containers
Callable
Yes
Perpetual
No
Guarantor
None
Bond RatingsB
Issuer Rating1
B
Last Rating Action
Downgrade on 2025-02-26
Issuer Rating Watch/Outlook
Rating Outlook Negative
Issue Rating2
B
Last Rating Action
Downgrade on 2025-02-26
Issuer Rating Action History
21/03/2024
B+
Affirmed
Rating Outlook Stable
05/01/2024
B+
New Rating
Rating Outlook Stable
Yield Analysis
Yield3
12.34
Yield to Call
78.46
Z Spread (bps)
1039.1
Duration
0.23
Next Coupon Date
15/09/2025
Accrued Interest
0.155
Next Call Date
30/09/2025
Next Call Price
100
Liquidity
Liquid
Next Reset Date
Not Applicable
Reset Index (Current Level)
2.000%
Spread
500bp
Reset Index
EUR003M (EURIBOR 3M ACT/360)
Bond Additional Information
ISIN Code
XS2798174434
Registration Type
Regulation S
Amount Issued
600,000,000
Amount Outstanding
600,000,000
Issue Date
08/04/2024
Issue Price
98
Coupon Frequency
4
Day Count
ACT/360
Redemption Value
100
Min. Denomination
100,000
Footnotes:
1 Issuer rating is the Long-Term Issuer Default Rating (IDR). Ratings data provided by Fitch Ratings.
2 Issue rating is the Long-Term Issue Rating. Ratings data provided by Fitch Ratings.
3 Yield displays YTM. Exceptions are perpetuals, which will display "Not Applicable", and fix-to-float bonds, which will assume constant rate of coupon projection.
Last traded data sourced from BondCliQ.