|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||61.80 - 63.90|
|52 Week Range||57.55 - 71.25|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||19.39|
|Forward Dividend & Yield||1.19 (1.72%)|
|1y Target Est||75.83|
Moody's Investors Service ("Moody's") changed the outlook for Lakeland Tours, LLC's (dba WorldStrides) to negative from stable. At the same time, Moody's affirmed WorldStrides' B2 Corporate Family Rating (CFR), B2-PD Probability of Default Rating and the B1 ratings on the first lien senior secured revolver, term loan and delayed draw term loan. The negative outlook reflects that the incremental acquisition debt is occurring at a time when WorldStrides' leverage and free cash flow weakly position the company in the rating category.
PARIS , Sept. 25, 2019 /PRNewswire/ -- Eurazeo, a leading global listed investment company with a diversified portfolio of €17.7 billion in assets under management, including nearly €12 billion from third ...
PARIS , Sept. 19, 2019 /PRNewswire/ -- Eurazeo Capital announces the completion of its acquisition of Elemica (the "Company"), a leading cloud-enabled digital supply network. Eurazeo will support ...
Eurazeo intends to accelerate Elemica's expansion and growth strategy into new sectors and product offerings PARIS , Aug. 2, 2019 /PRNewswire/ -- Eurazeo, a leading global investment company listed in ...
French startup Meero, which offers online editing and production tools for photographers, has raised $230 million in a boost for the country's technology and start-up scene that President Emmanuel Macron hopes will boost the overall economy. Meero's fundraising is the biggest on record in France so far this year, beating Doctolib's 150 million-euro fundraising. Investment company Eurazeo, which took part in Meero's fundraising, announced the total of $230 million that had been raised, via a statement on Wednesday.
Moody's Investors Service (Moody's) has today downgraded Novacap Group Holding's ('Seqens') corporate family rating (CFR) to B2 from B1 and downgraded the probability of default rating (PDR) to B2-PD from B1-PD. Concurrently, Moody's at the same time downgraded to B2 from B1 the instrument ratings of its equivalent EUR 647 million senior secured term loan B due 2023 and the EUR 90 million senior secured revolving credit facility (RCF) due 2022 raised by Novacap Group Bidco, a direct subsidiary of Seqens. Today's rating action takes into account Seqens' very high adjusted gross leverage for the B1 rating category at around 7.3x debt / EBITDA as a result of weaker than expected operating performance with adjusted EBITDA margins standing at around 12.2% (expected 13.5%-14.5%) at the end of December 2018, the acquisition of PCI Synthesis in June 2018, partially financed by EUR 49 million drawings under the group's EUR 90 million RCF and the signing of a factoring program, which amounts to around EUR 50 million by the end of 2018 (fully included into our adjusted gross debt).