CreditSights News & Blog

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

China Evergrande Hires Financial Advisers as Protests Erupt at Its Offices Wall Street Journal

China Evergrande Hires Financial Advisers as Protests Erupt at Its Offices

Turmoil caused by China Evergrande is hitting bonds of other Chinese companies and spurring some…

creditsightsArticle published date: September 22, 2021

Genworth, industry search for way forward in troubled long-term care sector S&P Global

Genworth, industry search for way forward in troubled long-term care sector

CreditSights analyst Josh Esterov said that buyers for these types of products tend to be…

creditsightsArticle published date: September 17, 2021

New York State Thruway Authority to sell $547M of revenue bonds Bond Buyer

New York State Thruway Authority to sell $547M of revenue bonds

Research firm CreditSights has placed an outperform rating on the bonds. “Credit quality is stable,…

creditsightsArticle published date: September 22, 2021

Citi, JPMorgan Seen Evading Evergrande Crisis in China Push Bloomberg

Citi, JPMorgan Seen Evading Evergrande Crisis in China Push

The biggest U.S. banks appear to be sidestepping any fallout from the crisis at indebted…

creditsightsArticle published date: September 21, 2021

Investors prepare for Evergrande bond default Global Capital Asia

Investors prepare for Evergrande bond default

"Even the relatively 'safer' China property names like Shimao Group and Country Garden were not…

creditsightsArticle published date: September 20, 2021

Ohio State University tees up green bonds for hospital facility Bond Buyer

Ohio State University tees up green bonds for hospital facility

"As a massive flagship institution with a global brand, we expect strong demand for the…

creditsightsArticle published date: September 20, 2021

Chevron’s $10B plan for energy change is high-risk break from the pack S&P Global

Chevron’s $10B plan for energy change is high-risk break from the pack

Senior oil and gas analyst Jake Leiby at credit research firm CreditSights agreed that the…

creditsightsArticle published date: September 23, 2021

China Evergrande Hires Financial Advisers as Protests Erupt at Its Offices Wall Street Journal

China Evergrande Hires Financial Advisers as Protests Erupt at Its Offices

China Evergrande moved closer to a potential restructuring of its $89 billion debt burden by…

creditsightsArticle published date: September 14, 2021

Bond Buyer: Massachusetts goes competitive with $961M tax-exempt sale Bond Buyer

Bond Buyer: Massachusetts goes competitive with $961M tax-exempt sale

"With a strong credit and a large base of investors comfortable with TBTA, we expect…

creditsightsArticle published date: September 20, 2021

New York City, MTA ramp up storm management dialogue Bond Buyer

New York City, MTA ramp up storm management dialogue

"With a strong credit and a large base of investors comfortable with TBTA, we expect…

creditsightsArticle published date: September 17, 2021

Jinan LGFV raises $305m offshore Global Capital Asia

Jinan LGFV raises $305m offshore

Analysts at CreditSights saw fair value around 2.7%. They wrote in a pre-pricing note on…

creditsightsArticle published date: September 16, 2021

Office giant Boston Properties raises $850 million with new 12-year green bond financing MarketWatch

Office giant Boston Properties raises $850 million with new 12-year green bond financing

CreditSights analysts pointed out that real estate peers Essex Property Trust Inc. ESS, +0.57% and…

creditsightsArticle published date: September 15, 2021

California Sells $2.1 Billion of Munis Amid Newsom Recall Bond Buyer

California Sells $2.1 Billion of Munis Amid Newsom Recall

The state’s credit is in “excellent shape, and absent the recall, we think worthy of…

creditsightsArticle published date: September 14, 2021

LIPA to juice up with $738M sale Bond Buyer

LIPA to juice up with $738M sale

“LIPA has been one of the better performing New York credits this year,” said John…

creditsightsArticle published date: September 13, 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…

creditsightsArticle published date: September 12, 2021

Talen Energy Creditor Group Sets Meeting to Expand Its Reach Bloomberg

Talen Energy Creditor Group Sets Meeting to Expand Its Reach

"Investors were especially worried by a potential transfer of Susquehanna, a prized nuclear asset, out…

creditsightsArticle published date: September 10, 2021

California’s first fall GO deal arrives in tandem with recall election Bond Buyer

California’s first fall GO deal arrives in tandem with recall election

"Although current tax-exempt yields do not appear to be compelling to most market participants, we…

creditsightsArticle published date: September 9, 2021