“We see little to no chance of Texas approving that Buffett proposal,” said Andy DeVries, a utility analyst at CreditSights. “If they were going to spend that amount of money…
Read More
“As much as European leveraged finance conditions could be described as an issuer’s market right now, rising case counts and extended lockdowns in Germany, France and Italy in recent days…
I think there’s a bit of a Goldilocks scenario priced in,” said Neill Keaney, a credit analyst at CreditSights in London. “Investors are looking to a reopening bounce but also…
Pramod Shenoi, head of Asia Pacific financials research at CreditSights, discusses the outlook for Indian banks, the economy and policies. Indian lenders are making fresh loans at the slowest pace…
“Bankruptcy is an almost foregone conclusion,” CreditSights analyst Matt Zloto said in an interview. “The writing is on the wall.”
The sale by ICBC, the world’s largest bank by assets, was likely hampered by the competition from a jump in Chinese dollar debt sales, which have contributed to a record…
The Fed bought another $224 million of debt tied to auto companies since its last update on July 10, the most of any sector. That debt is now the second-heaviest…
Guangzhou G&F Properties Co. and Sunshine 100 China Holdings Ltd. are another two vulnerable firms because their unrestricted cash as of Dec. 31 isn’t enough to cover short-term debt, according…
While the deal makes sense for a lender like Bank of America with a large presence in green and social bond markets, it might not open the floodgates for similar…
“The collateral issues were too difficult to overcome,” Roger King, an analyst at debt research firm CreditSights, said of the United deal. Borrowers “keep throwing stuff overboard, hoping they can…