CreditSights News & Blog

Hong Kong property barons’ perpetual debt too good to be true? Forbes

Hong Kong property barons’ perpetual debt too good to be true?

Investors can no longer take Hong Kong developers' debts for granted.

Siobhan HodsonArticle published date: October 13, 2023

China’s Country Garden succumbs to debt crisis after sales plunge Wall Street Journal

China’s Country Garden succumbs to debt crisis after sales plunge

Chinese property giant Country Garden failed to make an international debt payment and warned that…

Siobhan HodsonArticle published date: October 10, 2023

Country Garden says it can’t meet all offshore debt payments, setting stage for revamp Reuters

Country Garden says it can’t meet all offshore debt payments, setting stage for revamp

Country Garden could be the next company to join a growing list of Chinese developers…

Siobhan HodsonArticle published date: October 10, 2023

Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices South China Morning Post

Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices

Sunac China Holdings is a step closer to resolving its debt crisis.

Siobhan HodsonArticle published date: October 5, 2023

Elon Musk’s $13 billion whip hand against Wall Street: How interest rates and the financial disaster at Twitter put the world’s richest man in the driver’s seat Fortune

Elon Musk’s $13 billion whip hand against Wall Street: How interest rates and the financial disaster at Twitter put the world’s richest man in the driver’s seat

Is Elon Musk looking to buy back X's debt at a steep discount?  

Siobhan HodsonArticle published date: October 4, 2023

Tycoon Agarwal’s plan to overhaul Vedanta gets cautious shareholder welcome Bloomberg

Tycoon Agarwal’s plan to overhaul Vedanta gets cautious shareholder welcome

Shares of Anil Agarwal's Vendanta Ltd. rose after the tycoon announced an overhaul of his…

Siobhan HodsonArticle published date: October 3, 2023

China Evergrande shares jump as trade resumes Wall Street Journal

China Evergrande shares jump as trade resumes

China Evergrande Group's shares rose sharply as trading in the beleagured property developer resumed.  

Siobhan HodsonArticle published date: October 3, 2023

Vedanta demerger does not address debt: CreditSights NewsDrum

Vedanta demerger does not address debt: CreditSights

Vedanta Ltd.'s move to split into six separate units is unlikely to address the mining…

Siobhan HodsonArticle published date: October 3, 2023

CreditSights sees multi-year structural downturn of China property sector Bloomberg

CreditSights sees multi-year structural downturn of China property sector

Zerlina Zeng, senior credit analyst at CreditSights, discusses the prospects for China's property market and…

Siobhan HodsonArticle published date: October 1, 2023

Indian conglomerate Vedanta to break up as debt crunch looms Financial Times

Indian conglomerate Vedanta to break up as debt crunch looms

Anil Agarwal is splitting the Vedanta group into six entities in an effort to raise…

Siobhan HodsonArticle published date: September 29, 2023

New trouble roils China Evergrande, fueling real estate crisis fears New York Times

New trouble roils China Evergrande, fueling real estate crisis fears

China Evergrande halted critical work to settle its debts and investors dumped their stock amid…

Siobhan HodsonArticle published date: September 28, 2023

Corporate bonds flip to loss for year with Fed more hawkish Bloomberg

Corporate bonds flip to loss for year with Fed more hawkish

U.S. investment-grade bonds have swung to a loss for the year as the Federal Reserve's…

Siobhan HodsonArticle published date: September 27, 2023

Corporate bonds are on sale. How to add cheap Apple, Disney, and Microsoft bonds to your portfolio MarketWatch

Corporate bonds are on sale. How to add cheap Apple, Disney, and Microsoft bonds to your portfolio

About 1,500 high-grade corporate bonds issued by some household names are currently trading at a…

Siobhan HodsonArticle published date: September 27, 2023

SBB’s $720 million lifeline contains future problems Bloomberg

SBB’s $720 million lifeline contains future problems

A complicated refinancing deal addresses short-term challenges for the poster child of Europe's real estate…

Siobhan HodsonArticle published date: September 26, 2023

Citibank raises $5 billion in first bank-level bond since 2019 Bloomberg

Citibank raises $5 billion in first bank-level bond since 2019

Citibank tapped the investment grade bond market with its first bank-level debt offering in four…

Siobhan HodsonArticle published date: September 26, 2023

Hollywood strike forges future threat to muni tax breaks, wages Bloomberg Law

Hollywood strike forges future threat to muni tax breaks, wages

The Hollywood screenwriters strike will have little direct impact on state and municipal finances, but…

Siobhan HodsonArticle published date: September 26, 2023

Sirius XM’s bonds slump after Liberty Media proposes split off Bloomberg

Sirius XM’s bonds slump after Liberty Media proposes split off

Sirius XM's bonds slumped in secondary trading after Liberty Media proposed splitting off the business…

Siobhan HodsonArticle published date: September 26, 2023

Reliance dynasty: Ambani’s scions may get a holding giant in new future Economic Times

Reliance dynasty: Ambani’s scions may get a holding giant in new future

It's believed Reliance Industries may eventually transition into a holding company structure, which would provide…

Siobhan HodsonArticle published date: September 26, 2023

China’s property crisis: How will it impact the economy? BBC

China’s property crisis: How will it impact the economy?

Evergrande's financial problems have rippled through China's vast property industry, with several other developers defaulting…

Siobhan HodsonArticle published date: September 25, 2023

China Evergrande suffers new blow as curbs on offshore bond sales raise survival alarm, hobble US$20 billion debt workout South China Morning Post

China Evergrande suffers new blow as curbs on offshore bond sales raise survival alarm, hobble US$20 billion debt workout

Evergrande failed to meet China's capital market rules on offshore bond sales.  

Siobhan HodsonArticle published date: September 25, 2023