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Previous Slide Next Slide 4 Tobacco Insights From CRU 2017 Where do they shop
Here my opinion: EdT and EdC are really different scents
Free cash flow over the past 12 months reached 2.4 billion, up 4% from last year, while net debt held steady at 10 billion, or 2.4x EBITDA
Depending on the size of the issue, a local government issuing bonds with an AAA rating, the highest in the scale run by S&P and Fitch, could wind up paying millions of dollars less in annual interest to bond buyers than an entity selling an issue with a rating below BBB-, the lowest grade for safe, investment-grade bonds
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