The default risk of LGFV public bonds is lower over the next 3-6 months compared to last year, with the sector set for “good funding conditions,” according to CreditSights
While Jabil customers include Apple and Amazon.com Inc., it is also focused on secular growth opportunities in different markets including 5G, electric vehicles, cloud computing and clean energy, CreditSights analysts…
“The governor’s proposals are likely to meet with approval by credit rating agencies, leaving Illinois poised for positive rating news this calendar year as its credit slowly normalizes,” CreditSights Inc. wrote in…
A relaxation of presales restrictions “could be the biggest and arguably most important easing measure towards the property sector so far,” said CreditSights analyst Zerlina Zeng.
Patrick Luby, a municipal strategist at CreditSights, said the largest contributor to the revival in trading is investors preparing for a flood of bond sales that typically happens in October. “Munis…
During the summer months, the market also typically benefits from a wave of debt payments that bondholders typically seek to reinvest. Issuers are scheduled to pay $41.5 billion of principal…
”It has the potential to have some, at the very least, indirect impact on municipal finance if there is even just the perception of a permanent increase in crime in…
“AMC is willing to take advantage of the hyper inflated share price to raise capital which is very positive for the credit,” Matt Zloto, co-head of high-yield research at CreditSights, said…
”We would advise investors not to buy on the dip, given the lack of clarity on the topic,” CreditSights analyst Paola Biraschi wrote in a note.
“The state is awash in cash,” John Ceffalio, senior municipal research analyst at CreditSights Inc, said before the announcement. “California came into the pandemic in good fiscal shape and it’s probably leaving…