CreditSights News & Blog

AT&T’s Megadeal Is Bad News for Its Dividend but Good for Its Debt Barrons

AT&T’s Megadeal Is Bad News for Its Dividend but Good for Its Debt

The deal is a “win-win-win” for AT&T’s credit, wrote CreditSights analyst Davis Hebert in a late Monday…

Maria AcevedoArticle published date: May 18, 2021

CNX, 3 private drillers could be targets for more Marcellus roll-up S&P Global

CNX, 3 private drillers could be targets for more Marcellus roll-up

EQT management "said their view on consolidation hasn't changed, and they will continue to look…

Maria AcevedoArticle published date: May 19, 2021

Illinois Supreme Court rejects taxpayer challenge to GO bonds Bond Buyer

Illinois Supreme Court rejects taxpayer challenge to GO bonds

“The Illinois Supreme Court’s decision, siding with the state, is positive for bondholders and Illinois…

Maria AcevedoArticle published date: May 20, 2021

UniCredit Stuns Investors by Skipping Coupon Payment Bloomberg Quint

UniCredit Stuns Investors by Skipping Coupon Payment

”We would advise investors not to buy on the dip, given the lack of clarity…

Maria AcevedoArticle published date: May 21, 2021

Elliott plan to split Duke Energy fails to convince Wall Street of benefits S&P Global

Elliott plan to split Duke Energy fails to convince Wall Street of benefits

"We don't believe the proposal makes much sense," CreditSights analyst Andrew DeVries wrote in a…

Maria AcevedoArticle published date: May 21, 2021

Close Indonesia’s dollar bonds top week’s performers Global Capital Asia

Close Indonesia’s dollar bonds top week’s performers

Indonesia's 3.7% 2049 bond, its 4.2% 2050 note, a 3.5% 2050 deal and its 3.05%…

Maria AcevedoArticle published date: May 24, 2021

UBS follows senior outing with ‘attractive’ dollar AT1 Global Capital

UBS follows senior outing with ‘attractive’ dollar AT1

It began the trade with pricing in the 4.5%-4.625% area, which was deemed “attractive” by…

Maria AcevedoArticle published date: May 25, 2021

“Descending Into A Farce”: Chaos Erupts After Stiffed UniCredit Bondholders Get Fat-Fingered Payment ZeroHedge

“Descending Into A Farce”: Chaos Erupts After Stiffed UniCredit Bondholders Get Fat-Fingered Payment

“Even if it isn’t their fault, but of the depositary or fiduciary bank, the timing…

Maria AcevedoArticle published date: May 26, 2021

Connecticut, in latest uplift, gets transportation bond upgrade Bond Buyer

Connecticut, in latest uplift, gets transportation bond upgrade

“Connecticut has sizable reserves and money from the American Rescue Plan will enable it to…

Maria AcevedoArticle published date: May 27, 2021

How Elliott Management would split Duke Energy into 3 parts S&P Global

How Elliott Management would split Duke Energy into 3 parts

Wall Street's immediate reaction was tepid. "e don't believe the proposal makes much sense," CreditSights analyst Andrew…

Maria AcevedoArticle published date: June 1, 2021

Fitch Group Completes Acquisition of CreditSights, Inc. Press Release

Fitch Group Completes Acquisition of CreditSights, Inc.

Fitch Solutions - New York/London - 5 May 2021: Fitch Group, a global leader in…

creditsightsArticle published date: May 5, 2021

How Wall Street’s Greatest Piece Of Financial Engineering Propelled Michael Dell To A $50 Billion Fortune Forbes

How Wall Street’s Greatest Piece Of Financial Engineering Propelled Michael Dell To A $50 Billion Fortune

“The creative financial engineering has served Michael Dell and Silver Lake’s interests over the years,…

Maria AcevedoArticle published date: April 18, 2021

It’s crunch time for Chinese SOE bonds Global Capital

It’s crunch time for Chinese SOE bonds

As CreditSights noted on Monday, some of the government-linked property developers, such as Beijing Capital Land and…

Maria AcevedoArticle published date: April 20, 2021

New York MTA’s capital numbers ‘don’t add up,’ DiNapoli says Bond Buyer

New York MTA’s capital numbers ‘don’t add up,’ DiNapoli says

“We consider the broad tax base, inclusive of suburbs and exurban areas around New York…

Maria AcevedoArticle published date: April 20, 2021

Wall Street response muted as Vistra blames gas system for $1.6B impact S&P Global

Wall Street response muted as Vistra blames gas system for $1.6B impact

CreditSights analyst Andrew DeVries in an April 26 research report said Vistra's shares barely moved as "investors…

Maria AcevedoArticle published date: April 26, 2021

Supply-challenged week to end month keeps munis steady Bond Buyer

Supply-challenged week to end month keeps munis steady

Last week's new-issue supply volume of $12.7 billion was the largest so far this year,…

Maria AcevedoArticle published date: April 26, 2021

Birkenstock Adds Rare Default Protection Clause in Bond Deal Bloomberg Quint

Birkenstock Adds Rare Default Protection Clause in Bond Deal

“The terms are aggressive, and perhaps the sponsor is looking to set a precedent for…

Maria AcevedoArticle published date: April 27, 2021

NIU borrows to finance dorm expansion after enrollment gains Crain's

NIU borrows to finance dorm expansion after enrollment gains

“I think they are trying to pitch some of the impact investors,” John Ceffalio, senior…

Maria AcevedoArticle published date: April 27, 2021

US banks swing by euros in global funding wave Global Capital

US banks swing by euros in global funding wave

Maria AcevedoArticle published date: April 29, 2021

Pressure’s on as 10-year approaches 1%, but fund flows hold sway Bond Buyer

Pressure’s on as 10-year approaches 1%, but fund flows hold sway

CreditSights noted earlier in the week that the summer redemption season is fast approaching — issuers…

Maria AcevedoArticle published date: April 29, 2021