The broadcaster has announced that investment firms Searchlight Capital Partners and ForgeLight have acquired a 64% stake in the broadcaster. Terms have not been disclosed, but researchers at CreditSights estimate…
Analysis agency CreditSights estimated Mallinckrodt’s legal responsibility might have reached $5bn. However jurisdictions are making the judgment that getting money now and avoiding years of costly and unsure litigation is the wisest…
Though financial details of the transaction have not been disclosed, financial research firm CreditSights expects the two to pay a combined US$800 million. Such a deal would value Univision at…
The spread between yields of investment-grade bonds and Treasurys is likely to widen slightly, but investors “shouldn’t be fussed about that,” said Erin Lyons, a strategist at CreditSights. The yield…
More broadly, rising Treasurys prices have boosted investment-grade corporate bonds, which typically move in lockstep with the government debt. Investment-grade corporate bonds returned 3.6% this year through Tuesday compared with…
Wade Davis, founder of Forlight and former CFO of Viacom, will be the new CEO of UniVision. Mexican company Grupo Televisa, which provides Union Vision with exclusive rights to its…
While details of the transaction were not disclosed, Searchlight and ForgeLight are expected to pay a combined $800 million, according to CreditSights analyst Ashley Taylor. The deal likely values Univision…
Besides the echoes of that earlier panic in today’s market, the structure of the sector plays a part. In terms of face value, almost a fifth of the energy high-yield…
“The total size of this week’s calendar is $14.2 billon, which is more than double the year-to-date weekly average issuance of $7.07 billion,” said Patrick Luby, senior municipal strategist at CreditSights….