CreditSights News & Blog

Berkshire unit fire suit heads toward multibillion-dollar finale Bloomberg

Berkshire unit fire suit heads toward multibillion-dollar finale

CreditSights utility analyst Andy DeVries said in a June 12 research note that a maximum…

Maria AcevedoArticle published date: June 14, 2023

Special Situations Insight: At Home Group transaction may be the first intentional ‘double-dip’ financing; it won’t be the last Highlight

Special Situations Insight: At Home Group transaction may be the first intentional ‘double-dip’ financing; it won’t be the last

Check out one of the latest pieces published by Max Frumes, Global Head of LFI…

Siobhan HodsonArticle published date: June 2, 2023

WeQuit: WeWork bonds sink after top executives resign from cash-burning company MarketWatch

WeQuit: WeWork bonds sink after top executives resign from cash-burning company

“It was an outrageously complex transaction,” said Evan DuFaux, a special situations analyst at CreditSights.…

Maria AcevedoArticle published date: June 2, 2023

Vedanta: Mining giant Glencore lends $250 million to rival Vedanta Resources Business Standard

Vedanta: Mining giant Glencore lends $250 million to rival Vedanta Resources

Calling Glencore’s debt investment as “eleventh-hour reprieve”, analysts say the group will be able to…

Maria AcevedoArticle published date: May 30, 2023

There were runs on banks, not on insurers. Here’s why. Wall Street Journal

There were runs on banks, not on insurers. Here’s why.

“The risk of a run on a leading life insurer is remote,” said Josh Esterov…

Maria AcevedoArticle published date: May 30, 2023

Dish’s Charlie Ergen flew to Dubai to fundraise for satellite TV giant, source says New York Post

Dish’s Charlie Ergen flew to Dubai to fundraise for satellite TV giant, source says

With DISH needing additional capital and debt maturities next year, we need to see a…

Maria AcevedoArticle published date: May 18, 2023

Why muni mutual fund and ETF flows are diverging Bloomberg

Why muni mutual fund and ETF flows are diverging

Pat Luby, CreditSights senior municipal strategist, discusses the divergence between muni mutual funds and muni…

Maria AcevedoArticle published date: May 17, 2023

Elliott’s back for blood, but this time is harder Bloomberg

Elliott’s back for blood, but this time is harder

Above all, NRG diverted cash that could have been paid out to shareholders to instead…

Maria AcevedoArticle published date: May 16, 2023

NM supreme court rejects request to return PNM-Avangrid merger to regulators S&P Global

NM supreme court rejects request to return PNM-Avangrid merger to regulators

Analysts at CreditSights said May 15 that the decision was a "clear setback but not…

Maria AcevedoArticle published date: May 16, 2023