“There isn’t much to complain about in 3Q20,” wrote Jesse Rosenthal’s team at CreditSights, of Bank of America’s results, other than “softer trading perhaps, but that may well be risk…
Bank of America sells $2 billion of bonds to help fight inequality in Black and Hispanic communities
But for investors dedicated to environmental, social and corporate governance (ESG) issues, the “offering is a good opportunity for exposure in a name that has taken a leading role in…
“As expected, Fed purchases of both corporate bond ETFs and direct purchases of bonds slowed in July as the market has generally functioned well,” wrote the CreditSights team led by…
For its part, Apple has $8 billion of debt coming due in 2020, mainly borrowed in the U.S. and Japanese debt markets, according to analysts at CreditSights.
CreditSights, a research firm, issued a report Tuesday showing why speculative-grade food-packaging companies with exposure to the meat industry could see earnings and sales slump amid national slaughterhouse closures.
That compares with generic spreads for U.S. investment-grade corporate bonds that had widened to about 229 basis points as of Friday, from about 132 basis points on March 3, according…