“The terms are aggressive, and perhaps the sponsor is looking to set a precedent for any further deals in Europe,” said CreditSights senior analyst Neill Keaney, referring to the overall deal.
“Banks are always going to be hefty issuers, which lends a certain opportunism to tapping the markets especially when funding is still so cheap,” said Jesse Rosenthal, a senior analyst…
But the past year brought in a string of fresh challenges for Agarwal. As the pandemic fueled a plunge in commodity prices in 2020 and resulted in record sub-zero oil…
But for generators whose plants shut down due to frozen instruments, limited natural gas supplies or icing, losses could be substantial. Similarly, retail electricity providers unable to fulfill their commitments…
Still, after a record-breaking year of issuance, the approaching holidays should mean activity slows. “We could still do a couple of deals come next week, and I really don’t think…
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…
While the terms of the deal are tighter than other recent transactions in the sub-investment space, there are still some areas of concern for investors, CreditSights analysts wrote in a…
“There is an onus on lenders to be as lenient as possible,” said Neill Keaney, an analyst at CreditSights in London. “There does seem to be a willingness not to…