“We expect strong buying interest for these bonds because the issuer has not been in the market for several years and also because of the recent outperformance of power bonds,”…
From the 1990s onwards, many pub companies issued highly-rated, long-term debt that was backed by cashflows from the pubs themselves. The notes have strict covenants designed to keep cash in the…
After a decade of applying the WeWork growth model to oil and gas, the industry has very little wiggle room. A wall of debt maturities is imminent, kicking in just as…
CreditSights, meanwhile, said that "while industrial sales are more vulnerable during economic events, they rarely translate into a big move in earnings as they are not high margin customers like…
Specifically, it is securing the loans and bonds with slots at airports in New York, Washington, D.C., and London, as well as European and Latin American routes, according to CreditSights. There…
Hunter Martin, an analyst at CreditSights, said that a promotion for the company to investment-grade — or triple B and above — was possible “over a multiyear horizon".
“We think it is improbable that bond or loan holders reach a meaningful agreement to avert a filing in 30 days, and we expect the general tone around discretionary retailing…