Blackstone Set to Provide Over €250 Million Debt to Italian Firm [BNN Bloomberg (Canada)]
CREDIT AGRICOLE UNSP/ADR (CRARY)
NASDAQ:AMEX Investor Relations:
credit-agricole.com/en/finance/finance
Company Research
Source: BNN Bloomberg
The Italian water pumps specialist picked the private credit fund to replace its existing pool of banks when needing fresh debt, according to people familiar the matter, who asked not to be identified as they aren't authorized to speak publicly on the situation. The package is expected to feature drawn debt of €250 million and a delayed draw debt of around €50 million, one of the people said. Wateralia, owned by private equity firm Ambienta SGR SpA, needed to refinance its debt partially as a result of its recent acquisition of German peer Calpeda Pumpen. Bank lenders have traditionally dominated the Italian market as domestic regulation requires private credit funds to finance deals as bonds rather than loans. That cumbersome — and expensive — procedure has limited their appeal. But with private credit lenders under pressure to deploy capital amid sluggish M&A and record amounts of dry powder, borrowing terms have eased enough to interest Italian companies. Lazard Inc. advised
Show less
Read more
Impact Snapshot
Event Time:
CRARY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRARY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRARY alerts
High impacting CREDIT AGRICOLE UNSP/ADR news events
Weekly update
A roundup of the hottest topics
CRARY
News
- Trafigura Paid Bribes Via ‘Mr. Non-Compliant,' Swiss Prosecutors Say [Yahoo! Finance]Yahoo! Finance
- Italy brings on board Banco BPM in $1.2 billion Monte dei Paschi stake sale [Yahoo! Finance]Yahoo! Finance
- Credit Agricole SA (CRARF) Q3 2024 Earnings Call Highlights: Navigating Profit Challenges and ... [Yahoo! Finance]Yahoo! Finance
- Credit Agricole's traders trump retail weakness as bank reports mixed Q3 [Yahoo! Finance]Yahoo! Finance
- Credit Agricole's traders trump retail weakness as bank reports mixed Q3 [Yahoo! Finance Canada]Yahoo! Finance Canada