Some 19 bonds are due to be called this year, according to CreditSights, including ones issued by UniCredit (CRDI.MI), Santander, BBVA (BBVA.MC) or Barclays (BARC.L). The Italian bank’s 6.625% CoCo with a call in…
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State Bank of India’s exposure to the embattled Adani Group is “well-manageable”, given its strong buffer of provision reserves, CreditSights, a unit of Fitch Ratings, said in a note on…
“The prices of the (performing) developers’ upcoming dollar bonds are trading close to par, suggesting that investors remain sanguine about their near-term liquidity,” said CreditSights, a credit researcher under Fitch….
India’s ports-to-energy conglomerate Adani Group continues to seek strategic equity partners aligned with its long-term investment strategy, debt research firm CreditSights said in a report, flagging concern over the group’s…
Companies are trying to get ahead of what they expect to be a tough road ahead in terms of borrowing costs. Already, the year-to-date 2022 new issue coupon levels for…
Fitch Group unit CreditSights said in a report dated Sept. 7 that it had discovered calculation errors in its recent debt report on two power and transmission companies controlled by…
CreditSights data found the U.S. high-yield distress ratio, a measure of risk in the bond market, declined to 10.6% in July, from 15.2 in June, suggesting default rates are moderating.
Now land sales are forecast to fall another 20% this year after a bruising 2021, according to S&P Global Ratings. Yet despite Beijing’s recent tolerance of defaults by state-owned enterprises,…
“With iron ore inventory in China at a record high and as steel production keeps declining, we think the downward pressure on iron ore prices will persist,” CreditSights said in a…