|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||37.70 - 38.49|
|52 Week Range||27.00 - 39.57|
|Beta (5Y Monthly)||1.06|
|PE Ratio (TTM)||14.48|
|Forward Dividend & Yield||0.62 (1.68%)|
|Ex-Dividend Date||Sep 25, 2019|
|1y Target Est||N/A|
NEW YORK, NY / ACCESSWIRE / February 5, 2020 / Smurfit Kappa Group Plc (OTCMKTS:SMFKY) will be discussing their earnings results in their 2019 Fourth Quarter Earnings to be held on February 5, 2020 at ...
Junk-rated firms Smurfit Kappa and Thyssenkrupp were overwhelmed with demand when they kicked off post-summer proceedings for the European high-yield market on Monday, as yield-starved investors piled into the new issues. With much of the European bond market now in negative-yielding territory, investors are being forced down the credit spectrum - allowing the likes of Smurfit Kappa and Thyssenkrupp to price deals at levels rarely seen before. Packaging firm Smurfit Kappa caught the eye with its plans to sell 750 million euros ($835.80 million) of eight-year bonds at 1.5%, some of the lowest yields clocked in the European junk bond market for a new issue, particularly for one of such a long maturity.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Smurfit Kappa Group plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.