CreditSights News & Blog

Apple’s new debt deal could mean more shareholder rewards after blowout earnings MarketWatchGlobal Capital

Apple’s new debt deal could mean more shareholder rewards after blowout earnings

“We expect Apple AAPL, -0.84% to use the proceeds for shareholder returns and to a lesser extent debt…

Maria AcevedoArticle published date: July 30, 2021

New York paper leads heavier new-issue week Bond Buyer

New York paper leads heavier new-issue week

"We reiterate our market underperform on New York City's General Obligation bonds (Aa2/AA/AA-) because current…

Maria AcevedoArticle published date: August 13, 2021

PSEG targets cleaner, clearer growth with fossil fleet sale S&P Global

PSEG targets cleaner, clearer growth with fossil fleet sale

CreditSights analyst Andrew DeVries noted the impairment change is "mostly related to three of the plants…

Maria AcevedoArticle published date: August 12, 2021

Puerto Rico Oversight Board FY2021 revenue projection off by 33% Bond Buyer

Puerto Rico Oversight Board FY2021 revenue projection off by 33%

CreditSights Senior Municipals Analyst John Ceffalio said, “It is encouraging to see Puerto Rico’s strong FY2021…

Maria AcevedoArticle published date: August 17, 2021

HDFC Bank Looks Abroad for Risky Bond Sale After India Clampdown BNN Bloomberg

HDFC Bank Looks Abroad for Risky Bond Sale After India Clampdown

“We expect further issuance from Indian banks given that the domestic market for AT1 issuance…

Maria AcevedoArticle published date: August 18, 2021

PRASA successfully refunds 2012 bonds Bond Buyer

PRASA successfully refunds 2012 bonds

“PRASA and the Oversight Board wanted to save money for ratepayers and to demonstrate they…

Maria AcevedoArticle published date: August 18, 2021

Baidu sells $1b of bonds amid China tech crackdown The Standard

Baidu sells $1b of bonds amid China tech crackdown

Based on Baidu’s outstanding bonds, CreditSights analysts including Joel Liauw estimated in a report that…

Maria AcevedoArticle published date: August 19, 2021

Public facilities, environmental facilities categories lead first-half growth Bond Buyer

Public facilities, environmental facilities categories lead first-half growth

“Within education, college and university borrowing had the largest decline in par amount issued," said CreditSights senior…

Maria AcevedoArticle published date: August 23, 2021

South Carolina’s Santee Cooper utility to sell $427 million of bonds Bond Buyer

South Carolina’s Santee Cooper utility to sell $427 million of bonds

“We are placing a market outperform recommendation on Santee Cooper's bonds,” according to a report…

Maria AcevedoArticle published date: August 24, 2021

Hochul takes office and faces the glare Bond Buyer

Hochul takes office and faces the glare

The transition should not affect state credit, though, said John Ceffalio, senior research analyst for…

Maria AcevedoArticle published date: August 24, 2021

Chinese Property Titan Teeters as Investor Confidence Fades Wall Street Journal

Chinese Property Titan Teeters as Investor Confidence Fades

“Evergrande’s weak liquidity position is the reason why we’ve seen so much volatility. Investors are…

Maria AcevedoArticle published date: July 27, 2021

Democrats Eye Penalties for Utilities That Miss Climate Targets Bloomberg

Democrats Eye Penalties for Utilities That Miss Climate Targets

“Overall it is very positive for utilities,”said Andy DeVries, a utility analyst for CreditSights Inc. “If…

Maria AcevedoArticle published date: July 15, 2021

Convention center and sports agency deals ride Illinois rating tailwind Bond Buyer

Convention center and sports agency deals ride Illinois rating tailwind

“We have placed a market outperform rating on Met Pier bonds, and we reiterate our…

Maria AcevedoArticle published date: July 13, 2021

Interest rates on oil, gas junk bonds tumble as commodity prices improve – S&P S&P Global

Interest rates on oil, gas junk bonds tumble as commodity prices improve – S&P

Restrained capital spending combined with the healing powers of higher oil and natural gas prices…

Maria AcevedoArticle published date: July 14, 2021

Kinder Morgan kicks off potential renewables M&A wave among gas pipeline firms S&P Global

Kinder Morgan kicks off potential renewables M&A wave among gas pipeline firms

Once all four facilities begin commercial service, they will generate roughly $50 million of EBITDA…

Maria AcevedoArticle published date: July 16, 2021

Connecticut baby bonds program is treasurer’s ‘passion project’ Bond Buyer

Connecticut baby bonds program is treasurer’s ‘passion project’

Connecticut has long been a study in contrasts. While research firm CreditSights pegged its per-capita personal income…

Maria AcevedoArticle published date: July 16, 2021

Greater China property borrowers rush market Global Capital Asia

Greater China property borrowers rush market

"Analysts at CreditSights put fair value at 5.4%, including about 10bp of premium for the…

Maria AcevedoArticle published date: July 16, 2021

Opportunities in Dems’ clean energy plans to dominate Q2 utility earnings talks S&P Global

Opportunities in Dems’ clean energy plans to dominate Q2 utility earnings talks

"Investors are focused on the impact of any potential clean energy standards that are part…

Maria AcevedoArticle published date: July 22, 2021

Airports in Europe Ask for Another Year of Looser Bond Terms BNN Bloomberg

Airports in Europe Ask for Another Year of Looser Bond Terms

“Companies underestimated how much below expectations traffic figures can be and how long it would…

Maria AcevedoArticle published date: July 26, 2021

Optimism for P&C, life with post-pandemic in view; stocks again at record highs S&P Global

Optimism for P&C, life with post-pandemic in view; stocks again at record highs

CreditSights analysts Josh Esterov and Connor Burnham said insurance companies are starting to see a…

Maria AcevedoArticle published date: July 2, 2021