The twist is that these bonds are going to be backed by spare parts and engines, along with 352 older aircraft. CreditSights analyst Roger King argues that’s a stretch. “We believe this is…
Roger King, an analyst at CreditSights, said United had thrown the “kitchen sink” at investors to secure the $3bn. “This deal was rejected at 10 per cent and now it’s…
“There isn’t much to complain about in 3Q20,” wrote Jesse Rosenthal’s team at CreditSights, of Bank of America’s results, other than “softer trading perhaps, but that may well be risk…
“Bankruptcy is an almost foregone conclusion,” CreditSights analyst Matt Zloto said in an interview. “The writing is on the wall.”
“Bankruptcy is an almost foregone conclusion,” CreditSights analyst Matt Zloto said in an interview. “The writing is on the wall.”
CreditSights says that it sees “no logical buyers here,” though Exelon could also spin out a new company to existing shareholders. In other words, “we don’t see an easy solution…
“I don’t see who the logical buyers are,” DeVries said. “No one wants to do the long power price risk and you’re still years away from a potential CO2 tax…
“Despite our concerns about Pemex’s stand-alone credit profile and lack of a credible medium-term financial strategy, we do expect the federal government to continue to provide necessary support,” said CreditSights…
Investors are growing increasingly anxious about how the funds raised from green bond sales are being used, said Josh Olazabal, head of ESG and Sustainability at CreditSights Inc. “It’s definitely…
A yield of 1.8% implies a sub/senior spread of around 167bp, relatively tight for telecoms sector hybrid issuers, according to CreditSights analysts. “However, Orange’s defensive nature leaves us more willing…