CreditSights, meanwhile, in a Jan. 11 report named as the “most logical” acquisition targets: Dominion Energy Inc.’s roughly 2,097-MW Millstone nuclear plant in Connecticut, as well as Energy Harbor Corp.’s…
That contrasts with Navient’s flat price action, which may stem from the settlement being of little surprise to debt investors, given the “long-running” status of the probe by State Attorneys…
When it comes to the debt market, property companies are not out of the woods yet. Chinese developers have $52.3bn in offshore refinancing needs this year, according to research from CreditSights….
Spreads at 115 to 120 bps would make the paper “very attractive, particularly compared to state GOs. The bond security, including both state aid and a GO pledge, is strong…
Now land sales are forecast to fall another 20% this year after a bruising 2021, according to S&P Global Ratings. Yet despite Beijing’s recent tolerance of defaults by state-owned enterprises,…
With interest-rate hikes looming in developed markets, it’s no surprise Enel is seizing on relatively low borrowing costs, Andrew Moulder, a senior analyst at CreditSights Inc, wrote in a note…
“Firms that may be up next in the rising-star category should see spreads tighten as investors anticipate more upgrades,” said Cisar, the firm’s global head of strategy. If the wave…
Junk-rated companies should benefit, too. Dell Technologies Inc. has already been lifted to investment-grade status from junk. Netflix and Kraft may also get there, according to Bloomberg Intelligence. Winnie Cisar…
Pramod Shenoi of CreditSights says Asia-Pacific banks are “well diversified,” and the company expects they will see mid- to high-single digit loan growth.
Worst Not Over Yet for China Junk Dollar Bonds: CreditSights