Claire's Stores, Inc. (CLE)

Retail


We reiterate our "Speculative Buy" recommendation for the CLE 9.0% Senior Secured 1st Lien Notes due 2019 and its 6.125% Senior Secured 1st Lien Notes due 2020. We have a "Neutral" opinion on the 8.875% Senior Secured Notes due '19 and the 7.75% Senior Notes due '20. First steps to a Claire's bond exchange are now in place.


8/31/2016 Credit Report
8/29/2016 Research Update
7/11/2016 Research Update
5/26/2016 Research Update
5/6/2016 Research Update
3/7/2016 Credit Report
11/25/2015 Credit Report
6/5/2015 Research Update
3/19/2015 Credit Report
2/10/2015 Research Update
12/4/2014 Credit Report
11/7/2014 Credit Report
10/3/2014 Credit Report
5/22/2014 Research Update