US Weekly: Bessent’s Bond Boost
Executive Summary Treasury Markets: Yields plummeted by 22-25 bp across the curve as investors welcomed…
Nora FancsalszkyDecember 6, 2024
SFR: Drahi Counter-Proposal Edges Closer to Deal
Executive Summary We maintain our Buy recommendation on the lower priced SFRFP '29 SSNs, and…
Nora FancsalszkyOctober 18, 2024
Monsanto/Bayer: Aspirin Is No Cure for Purdue
Executive Summary We have previously discussed that Monsanto has considered using the Texas Two-Step liability…
Sara LawalJuly 19, 2024
Department Stores: More for Macy’s, NMG Sells Out
Fireworks, hot dogs, flags, private department store deals? The news/chatter calendar was surprisingly active on…
Siobhan HodsonJuly 12, 2024
SCOTUS Opens Floodgates to Regulatory Litigation?
Executive Summary On June 28, 2024, the U.S. Supreme Court overruled its 1984 landmark decision…
Siobhan HodsonJuly 5, 2024
U.S. Supreme Court Rejects Third-Party Releases
Executive Summary On June 27, 2024, the Supreme Court held, in an appeal arising out…
Sara LawalJune 28, 2024
US IG & Leveraged Finance 2H24/1H25 Outlook
Executive Summary With our 2H24/1H25 outlook, we are maintaining our Market Weight allocation to US…
Sara LawalJune 28, 2024
Hertz: Warrant Litigation Explained
Executive Summary On June 14, 2024, holders of certain warrants issued by Hertz commenced litigation…
Sara LawalJune 21, 2024
PREPA: 1st Circuit Holds Revenue Bonds Are Secured
Executive Summary On June 12, 2024, the U.S. Court of Appeals for the First Circuit…
Siobhan HodsonJune 13, 2024