From the 1990s onwards, many pub companies issued highly-rated, long-term debt that was backed by cashflows from the pubs themselves. The notes have strict covenants designed to keep cash in the…
“We think it is improbable that bond or loan holders reach a meaningful agreement to avert a filing in 30 days, and we expect the general tone around discretionary retailing…
For some, the thinking is “it’s ‘better safe than sorry,” said Jesse Rosenthal, an analyst at CreditSights Inc. “They might believe with all their hearts that the bank has all…
Jason Tan, research analyst for Chinese financials at CreditSights, discusses the health of the country’s banking industry amid the coronavirus outbreak. He speaks with Yvonne Man and Haslinda Amin on…
“Municipal bonds are supposed to be the safe asset,” said Patrick Luby, who tracks the market for CreditSights Inc. “You see this volatility, you see these losses, it can be very upsetting…
Ford, with one junk rating already, may get another sooner than expected as the virus hurts demand for cars, according to research firm CreditSights. Either company would instantly become the largest high-yield issuer if its…