“Intel’s capex needs are ramping with the company pouring more investment dollars into leading-edge process technology development and infrastructure to support its foundry initiative,” CreditSights noted in a report. Additionally,…
“We continue to believe that AMC will focus on retiring debt at a discount, and thus on the [second lien] notes, when deploying excess liquidity for debt reduction,” said analysts…
Andy DeVries, a utility analyst for CreditSights, said, “all it takes right now is one or two really big fires. Then that fund is already depleted. So far, about 900,000…
“The key point is the island’s willingness to pay,” said John Ceffalio, senior municipals strategist at CreditSights. “If the governor and legislature don’t come onboard, that weakens credit quality of…
“Banks aren’t just giving loans to anyone,” says Jesse Rosenthal, an analyst at CreditSights.
CreditSights downgraded Adler’s bonds to “market perform” in late July, citing volatile trading in its shares and bonds, a lack of investor trust and a “couple of red flags.” Those…
Management gets another shot during the Aug. 12 event at persuading investors to support its buzzy new strategy, which hinges on using renewable energy to mine Bitcoin. For debt holders,…
“We expect Apple AAPL, -0.84% to use the proceeds for shareholder returns and to a lesser extent debt repayment,” Jordan Chalfin, senior technology analyst at CreditSights, wrote in a Thursday note.
“Evergrande’s weak liquidity position is the reason why we’ve seen so much volatility. Investors are starting to doubt whether the company can repay its upcoming obligations or not,” said Luther…
“Companies underestimated how much below expectations traffic figures can be and how long it would take to relax restrictions,” said Mariya Nurgaziyeva, a London-based airports analyst at research firm CreditSights, Inc….