Fitch Group unit CreditSights said in a report dated Sept. 7 that it had discovered calculation errors in its recent debt report on two power and transmission companies controlled by…
The aggressive expansion pursued by the Adani Group, led by Asia’s richest person, has put pressure on its credit metrics and cash flow, CreditSights said in the report Tuesday, adding that…
Based on CreditSights data, the US HY distress ratio, a measure of risk in the bond market, also decreased from 15.2% in June to 10.6%, which is a good indicator…
“It is a conundrum,” said Simon Adamson, CEO of CreditSights Inc. in London. “If they wanted to drastically reduce the capital allocation to investment banking, they would presumably sell or…
Now add in batteries. Again, the rationale for building these in Texas exists already, given big spreads in peak and off-peak power prices. There are 69 gigawatts of battery capacity in…
CreditSights data found the U.S. high-yield distress ratio, a measure of risk in the bond market, declined to 10.6% in July, from 15.2 in June, suggesting default rates are moderating.
CreditSights data found the U.S. high-yield distress ratio, a measure of risk in the bond market, declined to 10.6% in July, from 15.2 in June, suggesting default rates are moderating.
The telecommunications software company has until mid-September to file the quarterly results before triggering an event of default under the loan, according to an estimate from CreditSights.
As of the end of Q2, the bank held AT1 capital equivalent to 1% of its risk weighted assets, which analysts at CreditSights said is below its optimal level of…
“For life insurers that are primarily focused on group insurance, it was a particularly positive quarter with the combination of rising rates, moderating COVID costs and a really favorable sales…