WeWork landlords could see steep losses on any rejected leases in bankruptcy MarketWatch WeWork landlords could see steep losses on any rejected leases in bankruptcy Filing for bankruptcy may allow WeWork to cherry pick office leases.Siobhan HodsonNovember 6, 2023
New Swiss rules set to spur $20 billion junior bond overhaul Bloomberg New Swiss rules set to spur $20 billion junior bond overhaul Insurance companies in Switzerland are set to repay billions in mostly discounted old-style bonds.Siobhan HodsonNovember 6, 2023
U.S. Bankruptcy: Secured Creditor Lavvan Appeals Amyris DIP to District Court LevFin Insights U.S. Bankruptcy: Secured Creditor Lavvan Appeals Amyris DIP to District Court Amyris secured creditor Lavvan has appealed to the U.S. District Court for the District of Delaware…Siobhan HodsonNovember 2, 2023
U.S. Special Situations: SVP Lenders Tap Counsel LevFin InsightsSpecial Situations U.S. Special Situations: SVP Lenders Tap Counsel SVP Worldwide’s term loan lenders have been consulting with counsel from Paul Hastings amid concerns the…Siobhan HodsonNovember 2, 2023
RTX plans to refinance loan that bankrolled $10 billion buyback Bloomberg 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 Financial Times 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 Bloomberg 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. Wall Street Journal 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 Reuters 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 BBC World Business Report: President Xi reaffirms commitment to Russian relationship Chinese president Xi Jinping reaffirmed close economic ties with Russia.Siobhan HodsonOctober 31, 2023