CreditSights News & Blog

Chinese companies suffer an intense cash crunch in offshore bond markets The Economist

Chinese companies suffer an intense cash crunch in offshore bond markets

This wave of distress has led to a crunch in the offshore junk-bond market. Spreads…

Maria AcevedoArticle published date: October 16, 2021

What One of China’s Biggest Property Companies Can Tell Us About Debt Bloomberg

What One of China’s Biggest Property Companies Can Tell Us About Debt

Maria AcevedoArticle published date: September 29, 2021

U.S. Fed is the Global Driver of Monetary Policy Bloomberg

U.S. Fed is the Global Driver of Monetary Policy

Winnie Cisar, CreditSights Global Head of Strategy joined Alix Steel and Guy Johnson on "Bloomberg…

Maria AcevedoArticle published date: September 29, 2021

Evergrande Haircut of 75% Is Now a Base Case for Bond Analysts Bloomberg

Evergrande Haircut of 75% Is Now a Base Case for Bond Analysts

Luther Chai, a senior research analyst at CreditSights Singapore LLC, also says Evergrande will default…

Maria AcevedoArticle published date: September 12, 2021

Evergrande Worries Help Fuel Selloff at Chinese Developer Sunac Wall Street Journal

Evergrande Worries Help Fuel Selloff at Chinese Developer Sunac

Analysts from debt research firm CreditSights, however, said in a report Monday that they were…

creditsightsArticle published date: September 29, 2021

China Evergrande to Sell Bank Stake to State-Owned Firm for $1.5 Billion Wall Street Journal

China Evergrande to Sell Bank Stake to State-Owned Firm for $1.5 Billion

“We think that this disposal will help Evergrande address some of its upcoming liabilities, primarily…

creditsightsArticle published date: September 29, 2021

Chengdu LGFV sells $300m green bond Global Capital Asia

Chengdu LGFV sells $300m green bond

The Chinese borrower priced its five year notes inside fair value estimates.

creditsightsArticle published date: September 29, 2021

Sunac stock and bond prices recover from sell-off Global Capital Asia

Sunac stock and bond prices recover from sell-off

Chinese property company denies seeking support from local government.

creditsightsArticle published date: September 28, 2021

Asian bond market silenced on Evergrande worries Global Capital Asia

Asian bond market silenced on Evergrande worries

Dollar deal flow has slowed as investors watch beleaguered Chinese property company.

creditsightsArticle published date: September 28, 2021

What One of China’s Biggest Property Companies Can Tell Us About Debt Bloomberg

What One of China’s Biggest Property Companies Can Tell Us About Debt

If you want to avoid being seen to cross any red lines, you could simply…

creditsightsArticle published date: September 29, 2021

U.S. Fed is the Global Driver of Monetary Policy Bloomberg

U.S. Fed is the Global Driver of Monetary Policy

Winnie Cisar, CreditSights Global Head of Strategy joined Alix Steel and Guy Johnson on "Bloomberg…

creditsightsArticle published date: September 29, 2021

Asia Credit to Enter Risk-Off Mode as Yields Climb Bloomberg

Asia Credit to Enter Risk-Off Mode as Yields Climb

Contagion risk from China Evergrande Group is also a major concern that sets the Asia…

creditsightsArticle published date: September 29, 2021

Chicago Park District returns to the market with pension revamp on the books Bond Buyer

Chicago Park District returns to the market with pension revamp on the books

“We do think the pension ‘fix’ makes the bonds more attractive generally,” said John Ceffalio,…

creditsightsArticle published date: September 22, 2021

Wall Street very skeptical of Entergy New Orleans spinoff despite city tensions S&P Global

Wall Street very skeptical of Entergy New Orleans spinoff despite city tensions

CreditSights Senior Analyst Andrew DeVries said in a Sept. 22 report "we see zero chance…

creditsightsArticle published date: September 24, 2021

Uniti Group Inc. plans to sell $700 million of bonds to refinance debt and prepay some of what it owes to Windstream Holdings Inc., its largest customer. Bloomberg

Uniti Group Inc. plans to sell $700 million of bonds to refinance debt and prepay some of what it owes to Windstream Holdings Inc., its largest customer.

This new deal would put Uniti’s leverage at 6 times debt to a measure of…

creditsightsArticle published date: September 28, 2021

Hawaii to Sell $1.9 Billion in Taxable GO Bonds on Wednesday Bloomberg

Hawaii to Sell $1.9 Billion in Taxable GO Bonds on Wednesday

“The state has high liabilities and fixed costs, yet it has made good progress in…

creditsightsArticle published date: September 28, 2021

Chinese developer Sunac seeks to avoid Evergrande contagion Financial Times

Chinese developer Sunac seeks to avoid Evergrande contagion

Hong Kong-listed group denies asking government for liquidity relief and buys back $34m of its…

creditsightsArticle published date: September 28, 2021

Talen’s Financing Deal Reduces Bondholder Power in Debt Swap Bloomberg

Talen’s Financing Deal Reduces Bondholder Power in Debt Swap

Talen Energy Corp.’s $175 million deal to finance its planned data and Bitcoin-mining operations gives…

creditsightsArticle published date: September 24, 2021

Credit markets will withstand Evergrande shocks Reuters

Credit markets will withstand Evergrande shocks

Evergrande has $300 billion of debt. Some $19.2 billion of that is dollar-denominated offshore bonds,…

creditsightsArticle published date: September 23, 2021

China Evergrande’s Flagship Business Resolves an Onshore Bond Payment Wall Street Journal

China Evergrande’s Flagship Business Resolves an Onshore Bond Payment

Investors are waiting to see if the giant developer pays a coupon due Thursday on…

creditsightsArticle published date: September 22, 2021