L'Oréal S.A. bonds OR.PA
Who owns L'Oréal S.A.'s debt and what their own filings say it is worth. Bond prices and yields are fund-reported marks (SEC Form N-PORT) as of Jul 2026; they lag the market by about two months. OR.PA stock page.
Every bond funds hold
Each bond's latest fund-reported mark. Price per 100 of face value; yield to maturity from price, coupon and maturity; spread over the matched-maturity Treasury for US-dollar bonds.
| Bond | Coupon | Maturity | Ccy | Price | Yield | Spread | Funds | Held | As of |
|---|---|---|---|---|---|---|---|---|---|
| FR001400TT34 | 2.5% fixed | 2027-11-06 | EUR | 99.40 | 2.98% | — | 1 | $23.4M | Jul 2026 |
| ZK6021479 | 2.88% fixed | 2028-05-19 | EUR | 99.78 | 3.01% | — | 4 | $13.0M | Jul 2026 |
| FR00140159X7 | 2.5% fixed | 2029-01-12 | EUR | 98.58 | 3.11% | — | 1 | $1.3M | Jul 2026 |
| FR001400M6L3 | 3.38% fixed | 2029-11-23 | EUR | 100.60 | 3.18% | — | 3 | $18.7M | Jul 2026 |
| DA3578733 | 2.75% fixed | 2030-11-19 | EUR | 98.14 | 3.22% | — | 5 | $37.3M | Jul 2026 |
| FR001400TT42 | 2.88% fixed | 2031-11-06 | EUR | 97.79 | 3.34% | — | 1 | $338K | Jul 2026 |
| FR00140159Y5 | 2.88% fixed | 2032-01-12 | EUR | 97.20 | 3.45% | — | 1 | $448K | Jul 2026 |
| 502117AA2 | 5% fixed | 2035-05-20 | USD | 98.90 | 5.16% | 61 bp | 7 | $9.3M | Jul 2026 |
| DA3579053 | 3.375% fixed | 2036-01-19 | EUR | 96.85 | 3.77% | — | 7 | $9.1M | Jul 2026 |
Spread history
Median spread of the US-dollar bonds over Treasuries, month-ends with complete filings. Fund-reported.
Price history
Median fund-marked price across the bonds, per 100 of face value.
By month
Funds file on staggered quarter-ends, so each month-end is marked by the funds that reported for it; the amount held moves with which funds filed, not only with buying and selling.
| Month-end | Bonds | Held | Median price | USD yield | USD spread | Most funds on one bond |
|---|---|---|---|---|---|---|
| Jul 2026 | 9 | $112.9M | 98.58 | 5.16% | 61 bp | 7 |
| Jun 2026 | 5 | $2.6M | 99.21 | 4.91% | 49 bp | 2 |
| May 2026 | 2 | $25.8M | 100.06 | 4.85% | 43 bp | 5 |
| Apr 2026 | 7 | $99.0M | 98.47 | 4.83% | 57 bp | 8 |
| Mar 2026 | 4 | $2.5M | 99.91 | 4.76% | 57 bp | 2 |
| Feb 2026 | 1 | $52.8M | 104.02 | 4.46% | 40 bp | 7 |
| Jan 2026 | 6 | $75.6M | 99.91 | 4.76% | 60 bp | 10 |
| Dec 2025 | 3 | $7.9M | 102.25 | 4.70% | 61 bp | 13 |
| Nov 2025 | 1 | $51.7M | 103.03 | 4.60% | 55 bp | 8 |
| Oct 2025 | 3 | $42.0M | 102.86 | 4.63% | 60 bp | 12 |
| Sep 2025 | 2 | $35.3M | 102.07 | 4.62% | 53 bp | 16 |
| Aug 2025 | 1 | $51.5M | 101.90 | 4.75% | 52 bp | 10 |
| Jul 2025 | 2 | $27.5M | 100.51 | 4.88% | 51 bp | 16 |
Who holds the debt
Fund series in their latest quarterly N-PORT report, largest first, with the change in face value against each fund's own previous report. Names as reported in the filings. 6 added, 2 cut, 3 new holders and 4 exits in the latest quarter.
| Fund series | Report | Face value | Value | Change in face value |
|---|---|---|---|---|
| DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $51.8M | $59.1M | $5.5M |
| DFA TWO-YEAR GLOBAL FIXED INCOME PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $25.0M | $28.7M | $13.9M |
| First Trust Smith Opportunistic Fixed Income ETF First Trust Exchange-Traded Fund VIII | 2026-05-31 | $9.0M | $9.1M | $0 |
| iShares 5-10 Year Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $6.4M | $6.5M | -$447K |
| ALPS | Smith Core Plus Bond ETF ALPS ETF TRUST | 2026-05-31 | $5.9M | $6.0M | $0 |
| ALPS | Smith Total Return Bond Fund FINANCIAL INVESTORS TRUST | 2026-07-31 | $4.9M | $4.9M | -$3.2M |
| DFA Global Core Plus Fixed Income Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $2.8M | $3.0M | $800K |
| Dimensional International Core Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $2.6M | $2.9M | $300K |
| VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND VANGUARD CHARLOTTE FUNDS | 2026-07-31 | $2.0M | $2.3M | new |
| Dimensional VA Global Bond Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $2.0M | $2.3M | $300K |
| Strategic Advisers Fidelity Short Duration Fund Fidelity Rutland Square Trust II | 2026-05-31 | $1.9M | $2.2M | new |
| Dimensional Global Core Plus Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $1.9M | $2.1M | $0 |
| Dimensional Core Fixed Income ETF Dimensional ETF Trust | 2026-07-31 | $1.9M | $1.8M | $0 |
| iShares Core International Aggregate Bond ETF iShares Trust | 2026-07-31 | $1.6M | $1.8M | $0 |
| iShares Broad USD Investment Grade Corporate Bond ETF iShares Trust | 2026-05-31 | $1.4M | $1.4M | $10K |
| State Street(R) SPDR(R) Bloomberg International Corporate Bond ETF SPDR SERIES TRUST | 2026-06-30 | $1.2M | $1.4M | $0 |
| DFA Global Core Plus Real Return Portfolio DFA INVESTMENT DIMENSIONS GROUP INC | 2026-07-31 | $1.0M | $1.1M | $0 |
| Nuveen International Aggregate Bond ETF NuShares ETF Trust | 2026-06-30 | $700K | $802K | $0 |
| iShares Core Universal USD Bond ETF iShares Trust | 2026-07-31 | $800K | $791K | $0 |
| Invesco International Corporate Bond ETF Invesco Exchange-Traded Fund Trust II | 2026-07-31 | $700K | $785K | $0 |
| MFS Diversified Income Fund MFS Series Trust XIII | 2026-05-31 | $662K | $669K | $0 |
| MFS Global Total Return Fund MFS Series Trust VI | 2026-07-31 | $571K | $564K | $0 |
| ABERDEEN MULTI-MARKET INCOME FUND | 2026-07-31 | $276K | $273K | $0 |
| State Street(R) Loomis Sayles Opportunistic Bond ETF SSGA Active Trust | 2026-06-30 | $200K | $201K | $0 |
| MFS Global Alternative Strategy Fund MFS Series Trust XV | 2026-07-31 | $200K | $198K | $0 |
Largest exits in the latest quarter (fund held the bonds in its previous report, none now): VANGUARD WELLINGTON FUND ($26.4M), MFS Corporate Bond Fund ($6.7M), MFS Global Opportunistic Bond Fund ($563K), Dimensional Global Sustainability Fixed Income ETF ($200K).
ETFs holding these bonds
From each ETF's own latest N-PORT report: the issuer's bonds as a share of the ETF's net assets. A holdings list, not a recommendation.
| ETF | Report | Bonds | Face value | Value | % of net assets |
|---|---|---|---|---|---|
| FIXD First Trust Smith Opportunistic Fixed Income ETF | 2026-05-31 | 1 | $9.0M | $9.1M | 0.27% |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $6.4M | $6.5M | 0.04% |
| SMTH ALPS | Smith Core Plus Bond ETF | 2026-05-31 | 1 | $5.9M | $6.0M | 0.22% |
| DFGX Dimensional International Core Fixed Income ETF | 2026-07-31 | 1 | $2.6M | $2.9M | 0.17% |
| BNDX VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 2026-07-31 | 1 | $2.0M | $2.3M | 0.00% |
| DFGP Dimensional Global Core Plus Fixed Income ETF | 2026-07-31 | 1 | $1.9M | $2.1M | 0.06% |
| DFCF Dimensional Core Fixed Income ETF | 2026-07-31 | 1 | $1.9M | $1.8M | 0.02% |
| IAGG iShares Core International Aggregate Bond ETF | 2026-07-31 | 5 | $1.6M | $1.8M | 0.02% |
| USIG iShares Broad USD Investment Grade Corporate Bond ETF | 2026-05-31 | 1 | $1.4M | $1.4M | 0.01% |
| IBND State Street(R) SPDR(R) Bloomberg International Corporate Bond ETF | 2026-06-30 | 3 | $1.2M | $1.4M | 0.30% |
| NXUS Nuveen International Aggregate Bond ETF | 2026-06-30 | 1 | $700K | $802K | 0.02% |
| IUSB iShares Core Universal USD Bond ETF | 2026-07-31 | 1 | $800K | $791K | 0.00% |
| PICB Invesco International Corporate Bond ETF | 2026-07-31 | 2 | $700K | $785K | 0.22% |
| OBND State Street(R) Loomis Sayles Opportunistic Bond ETF | 2026-06-30 | 1 | $200K | $201K | 0.35% |
| DGCB Dimensional Global Credit ETF | 2026-07-31 | 1 | $100K | $111K | 0.01% |
Default risk, three ways
Stock market: distance-to-default
Distance-to-default 6.94: safer than 66% of companies (56th percentile in Consumer Defensive). Market-implied, prices to 2026-10-19, balance sheet 2026-06-30.
| Equity value | $237.36B |
| Debt barrier (short-term + ½ long-term debt) | $11.07B |
| Equity volatility (1 year) | 46.0% |
| Asset value / asset volatility (solved) | $247.97B / 44.0% |
| Risk-free rate (1-year Treasury) | 4.28% |
Bond market: priced-in odds
A 61 bp spread prices in about 1.0% a year of default odds (spread ÷ (1 − 40% recovery)). Fund-reported marks as of Jul 2026; the spread also pays for liquidity and risk premium, so this overstates actual defaults.
Accounts: Altman Z
Altman Z'' = 3.12 (latest balance sheet). A fundamentals cross-check; see methods for the variant used.
Against its own government
Yield minus the government's fitted curve at the same maturity, same currency, bonds with at least $25M held and 3 funds pricing them: EUR 4.3y -14 bp (as of Jul 2026).
The stock side: 13F filings
What institutions report holding in OR.PA's stock and options. Options are reported at the value of the underlying shares, not the premium paid; 13F lists long positions only, lags 45 days after quarter-end, and does not show whether puts hedge a stock position.
| Quarter-end | Stock holders | Stock value | Put managers | Puts (underlying value) | Call managers | Calls (underlying value) | Convertible holders |
|---|---|---|---|---|---|---|---|
| 2026-09-30 filings still arriving | 4 | $4.6M | 0 | — | 0 | — | 0 |
| 2026-06-30 | 22 | $18.0M | 0 | — | 0 | — | 0 |
| 2026-03-31 | 27 | $17.7M | 0 | — | 0 | — | 0 |
| 2025-12-31 | 27 | $18.0M | 0 | — | 0 | — | 0 |
| 2025-09-30 | 25 | $18.3M | 0 | — | 0 | — | 0 |
| 2025-06-30 | 27 | $19.1M | 0 | — | 0 | — | 0 |
Sources: fund holdings and fund-reported marks from SEC Form N-PORT (published about 60 days after each month-end); 13F filings; House and Senate periodic transaction reports and OGE Form 278-T; Treasury yields from FRED. Findings from filings, not advice. How each number is computed.