LEVFIN SNAPSHOT: Thyssenkrupp Elevator Gains on Earnings
2020-09-28 12:54:25.914 GMT
By Libby Cherry
(Bloomberg) — Bonds issued by Thyssenkrupp Elevator jumped
2.2 cents on the euro, the biggest gain since July according to
data compiled by Bloomberg, after reporting third-quarter
earnings to investors Monday.
* Co.’s earnings were “better than expected” according to Spread
Research credit analyst Joan Sehim, following a strong recovery
in June
** NOTE: Thyssenkrupp Elevator Bonds Jump After 3Q Results
* U.K. pub chain Stonegate’s notes drop 0.4 pence on the pound
to the lowest since they were issued, marking a third day of
losses
** GBP950m bonds due July 2025 at 91.3 pence
** NOTE: U.K. Pubs Count Cost of an Hour as Curfew Hits Bruised
Bars
* Carnival’s EU600m bonds due October 2029 rise 2.3 cents on the
euro to 63, after Handelsblatt reported its subsidiary Aida
Cruises was negotiating with the German government for about
EU500m in state aid
* Atlantia’s notes fell to the lowest since mid-July, as Italy’s
government set an end-of-week deadline for co.’s owners, the
Benetton family, to reach a final deal with CDP to cede control
of highway operator Autostrade
** EU1000M bonds due July 2027 fell 1 cent on the euro to 94.6
* The Markit iTraxx Europe Crossover index tightened ~15.7 bps
to ~348.1 bps