Lakshmi Iyer, CFA

Credit

<p><a href="https://www.smartkarma.com/entities/future-retail-ltd-4b025726-3be6-41e3-9f59-22ab2a17a8b2" target="_blank" data-smartkarma-citation="entities:26799:1" rel="noopener">Future Retail (FRETAIL IN) </a>is beset with liquidity risk, largely on account of the change-of-control covenant in its USD bond coupled with the promoters' pledged shareholding.  We are negative on credit quality and recommend "hold" on its USD bonds. We also recommend a solution for the current predicament.</p>

Future Retail (FRETAIL IN) is beset with liquidity risk, largely on account of the change-of-control covenant in its USD bond coupled with the promoters' pledged shareholding.  We are negative on credit quality and recommend "hold" on its USD bonds. We also recommend a solution for the current predicament.

Future Retail Limited - High Liquidity Risks

Italy

Generali provides insurance and asset management services. The Company offers life and property and casualty insurance, and insurance solutions with ESG components, as well as asset management services. Generali serves clients worldwide.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Assicurazioni Generali (G IM)

Future Retail Limited - High Liquidity Risks

Future Retail (FRETAIL IN) is beset with liquidity risk, largely on account of the change-of-control covenant in its USD bond coupled with the...

Lakshmi Iyer, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)