Recommendation to buy WhiteWave senior unsecured bond due October 2022. WhiteWave is a packaged foods manufacturer with leading brands like Horizon Organic and Silk. The company shows a sound growth trajectory and stable margins. Liquidity is adequate with a cash balance of $27mm and revolver availability of $325mm. Bonds trade at an attractive level relative to industry comparables.
doj/DataSet10/EFTA01378345.pdf
{"title":"WhiteWave Foods Co. Investment Recommendation","document_date":"2015-11-06","document_type":"financial","document_subtype":"Investment Recommendation","key_organizations":["WhiteWave Foods Co.","Deutsche Asset & Wealth Management"],"reference_numbers":["US966244AA30"]}