CreditSights News & Blog

Evergrande set for restructuring, with no word on first formal default CNBC

Evergrande set for restructuring, with no word on first formal default

Those private debt obligations would likely include bonds of joint venture Jumbo Fortune and unit…

Maria AcevedoArticle published date: December 7, 2021

China’s Policy Pivot Has Traders Wondering How Far It Will Go BNN Bloomberg

China’s Policy Pivot Has Traders Wondering How Far It Will Go

We believe China has become increasingly more willing to accept slower growth over the short…

Maria AcevedoArticle published date: December 7, 2021

Connecticut Pension-Debt Paydown Boosts Bonds, CreditSights Says BNN Bloomberg

Connecticut Pension-Debt Paydown Boosts Bonds, CreditSights Says

Connecticut’s general obligation bonds are poised to outperform the broader municipal-debt market as surging tax…

Maria AcevedoArticle published date: December 13, 2021

Schumer brokers Amtrak-MTA funding deal on New York projects Bond Buyer

Schumer brokers Amtrak-MTA funding deal on New York projects

The PMT bonds are an overall positive for the MTA because they are lowering interest…

Maria AcevedoArticle published date: December 14, 2021

FirstEnergy CEO rebuilding utility’s reputation, value after bribery fallout S&P Global

FirstEnergy CEO rebuilding utility’s reputation, value after bribery fallout

"Everyone saw that deal coming," CreditSights analyst Andrew DeVries said referring to the FirstEnergy Transmission sale, "but…

Maria AcevedoArticle published date: December 17, 2021

Aluminium price retreat from six weeks high Capital.com

Aluminium price retreat from six weeks high

High aluminium prices bode well for Chinese producers. CreditSights on 17 December gave outperform recommendation for Chinese…

Maria AcevedoArticle published date: December 20, 2021

China Evergrande Scrapes Together More Cash From Tech Company Stake Sale Wall Street Journal

China Evergrande Scrapes Together More Cash From Tech Company Stake Sale

The troubled property giant sold a roughly 5.7% stake in Hong Kong-listed HengTen Networks over…

creditsightsArticle published date: November 5, 2021

Medco Energi pays up for proceeds uncertainty Global Capital Asia

Medco Energi pays up for proceeds uncertainty

Indonesian bond issuer found US support, but had to fork out a decent new issue…

creditsightsArticle published date: November 4, 2021

Jinan LGFV makes quick bond return Global Capital Asia

Jinan LGFV makes quick bond return

The Chinese state-linked borrower had to pay a premium for market volatility.

creditsightsArticle published date: November 4, 2021

Cracks widen in China high yield bonds Global Capital Asia

Cracks widen in China high yield bonds

Investors scout for safer credits as refinancing risks rise at Chinese property developers. 

creditsightsArticle published date: November 8, 2021

Puerto Rico Hearings Start With $1 Billion Bankruptcy Fees Bloomberg

Puerto Rico Hearings Start With $1 Billion Bankruptcy Fees

“I’m very concerned about the long-term economic growth,” John Ceffalio said. “The shrinking population down…

creditsightsArticle published date: November 8, 2021

AMP Ohio heads into market amid headwinds posed by Illinois’ clean energy legislation Bond Buyer

AMP Ohio heads into market amid headwinds posed by Illinois’ clean energy legislation

“Given considerable environmental, political, headline and possible legal risk ahead, we suggest avoiding bonds tied…

Maria AcevedoArticle published date: October 19, 2021

Puerto Rico debt deal seems headed for collapse Bond Buyer

Puerto Rico debt deal seems headed for collapse

“It is a stunning development,” CreditSights Senior Municipals Analyst John Ceffalio said. “It had seemed…

Maria AcevedoArticle published date: October 22, 2021

How New York MTA can snare revenue untapped and lost Bond Buyer

How New York MTA can snare revenue untapped and lost

On Wednesday it intends to sell two series of Triborough Bridge and Tunnel Authority general…

Maria AcevedoArticle published date: October 25, 2021

China squeezes spreads further IFR

China squeezes spreads further

A lead from a European bank put fair value for the new transaction at Treasuries…

Maria AcevedoArticle published date: October 22, 2021

The art of the deal: Savannah College bonds to fund dorm expansion Bond Buyer

The art of the deal: Savannah College bonds to fund dorm expansion

“Given current demographic trends, we suspect muni investors will want to dig deeper on a…

Maria AcevedoArticle published date: October 26, 2021

China c.bank office asks banks to maintain stable, orderly issuance of property loans Reuters

China c.bank office asks banks to maintain stable, orderly issuance of property loans

Maria AcevedoArticle published date: October 28, 2021

Issuance disappoints in October, but on par with 10-year average Bond Buyer

Issuance disappoints in October, but on par with 10-year average

“I would not be surprised to see an uptick in taxable issuance,” said Patrick Luby,…

Maria AcevedoArticle published date: October 29, 2021

Flattening Yield Curve Shows Investors Concerned about Policy Error: Cisar The Global Herald

Flattening Yield Curve Shows Investors Concerned about Policy Error: Cisar

CreditSights Global Head of Strategy Winnie Cisar discusses the recent flattening of the U.S. yield…

Maria AcevedoArticle published date: November 1, 2021

JPMorgan sells $ 3 billion bonds in post-profit banking boom – Yahoo Finance Bloomberg

JPMorgan sells $ 3 billion bonds in post-profit banking boom – Yahoo Finance

“Of all the major banks, JPMorgan remains the most sensitive to regulatory-induced issuance pressures, as…

Maria AcevedoArticle published date: November 1, 2021