While Volvo has also been prone to the production disruption from semiconductor shortages, with short-term production stoppages for the past three straight quarters, the Swedish manufacturer managed to continue to…
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A report from CreditSights called the ups and downs of the developers’ bonds “a vicious cycle”. “Fear continues to grip the China property sector, with continued headlines of another liquidity…
CreditSights noted that the JBS USA Lux S.A., JBS USA Food Company and JBS USA Finance Inc initial price talk, when compared to peer Tyson Food’s longest dated bond due…
A lead from a European bank put fair value for the new transaction at Treasuries plus 10bp, 20bp, 20bp–25bp, 50bp–55bp, respectively, while research firm CreditSights put it at 10bp, 15bp,…
“The potential penalties arising from the various regulatory investigations into money laundering in its now-closed Estonian branch, particularly from US authorities, remain a source of ongoing uncertainty for Danske Bank,…
“This bond is going to be expensive,” wrote CreditSights analysts ahead of IPTs. “But the company is a legitimate green issuer, it is looking to grow its renewable capacity, and…
A default by Chongqing Energy, if confirmed, would not be a big surprise given the company’s weak credit profile and its rapidly declining importance to the government in recent years,…
“This looks to be a better structured (and priced) than the abortive attempt earlier this year to refi the 21s, with a separate issue and cash tender rather than an…