CreditSights News & Blog

RTX taps bond market to repay loan backing $10 billion share buyback Bloomberg

RTX taps bond market to repay loan backing $10 billion share buyback

RTX sold $6 billion of bonds to help repay a short-term loan.

Siobhan HodsonArticle published date: November 6, 2023

Investors turn risk-on for some junk debt but not all Reuters

Investors turn risk-on for some junk debt but not all

Investors are showing more willingenss to dip their toes into junk-rated bonds.

Siobhan HodsonArticle published date: November 7, 2023

WeWork’s multibillion rescue couldn’t save it from office bust Bloomberg

WeWork’s multibillion rescue couldn’t save it from office bust

Costly leases proved too much even after the coworking firm secured debt relief.

Siobhan HodsonArticle published date: November 6, 2023

Deutsche Bank sweetens deal to seal zombie bond tweaks Bloomberg Law

Deutsche Bank sweetens deal to seal zombie bond tweaks

Investors voted to alter the rate used to calculate coupon payments to the SOFR.

Siobhan HodsonArticle published date: November 6, 2023

WeWork landlords could see steep losses on any rejected leases in bankruptcy MarketWatch

WeWork landlords could see steep losses on any rejected leases in bankruptcy

Filing for bankruptcy may allow WeWork to cherry pick office leases.

Siobhan HodsonArticle published date: November 2, 2023

New Swiss rules set to spur $20 billion junior bond overhaul Bloomberg

New Swiss rules set to spur $20 billion junior bond overhaul

Insurance companies in Switzerland are set to repay billions in mostly discounted old-style bonds.

Siobhan HodsonArticle published date: November 2, 2023

RTX plans to refinance loan that bankrolled $10 billion buyback Bloomberg

RTX plans to refinance loan that bankrolled $10 billion buyback

RTX plans to refinance a short-term loan.

Siobhan HodsonArticle published date: October 30, 2023

How China’s property crisis has unfolded, from Evergrande to Country Garden Financial Times

How China’s property crisis has unfolded, from Evergrande to Country Garden

Thousands of unfinished homes and a swath of debt restructurings show the turmoil among developers.

Siobhan HodsonArticle published date: October 23, 2023

CreditSights’ Cisar: Structural bid for duration in fixed income Bloomberg

CreditSights’ Cisar: Structural bid for duration in fixed income

Winnie Cisar says corporate bond portfolios have been doing better than last year.

Siobhan HodsonArticle published date: October 18, 2023