RTX plans to refinance loan that bankrolled $10 billion buyback
RTX plans to refinance a short-term loan.
Siobhan HodsonOctober 31, 2023
How China’s property crisis has unfolded, from Evergrande to Country Garden
Thousands of unfinished homes and a swath of debt restructurings show the turmoil among developers.
Siobhan HodsonOctober 31, 2023
CreditSights’ Cisar: Structural bid for duration in fixed income
Winnie Cisar says corporate bond portfolios have been doing better than last year.
Siobhan HodsonOctober 31, 2023
China’s Country Garden was given a second chance to make a bond payment. It failed.
China's yearslong property slowdown has claimed another victim.
Siobhan HodsonOctober 31, 2023
Country Garden default talk swirls as offshore debt deadline passes
A Country Garden $15 million coupon payment deadline has expired without word of payment.
Siobhan HodsonOctober 31, 2023
World Business Report: President Xi reaffirms commitment to Russian relationship
Chinese president Xi Jinping reaffirmed close economic ties with Russia.
Siobhan HodsonOctober 31, 2023
Hong Kong property barons’ perpetual debt too good to be true?
Investors can no longer take Hong Kong developers' debts for granted.
Siobhan HodsonOctober 31, 2023
Make Wholes and More: Third Circuit Considers Hertz
Introductory Note On May 2, 2023, we issued a note entitled Make-Wholes in Bankruptcy: A General…
Siobhan HodsonOctober 27, 2023
U.S. Insight: Amneal Pins TL Extension Effort on Enhanced Collateral Package
Amneal Pharmaceuticals’ proposed $2.544 billion term loan extension hinges on a novel approach giving extending…
Siobhan HodsonOctober 27, 2023
Up-Tiering Liquidity Management Transactions, Recoveries and Broader Context: A Thought Experiment
Securing “Serta” protections—which fortify affected lenders’ voting rights—has become a focus for lenders over the…
Siobhan HodsonOctober 19, 2023