CreditSights News & Blog

Vanguard, BlackRock Muni ETFs Reap Bonanza in Record Cash Inflow Bloomberg Quint

Vanguard, BlackRock Muni ETFs Reap Bonanza in Record Cash Inflow

During the summer months, the market also typically benefits from a wave of debt payments…

Maria AcevedoArticle published date: June 29, 2021

Volume remains ahead of 2020 pace, despite June drop Bond Buyer

Volume remains ahead of 2020 pace, despite June drop

“The month-over-month comparison looks odd because of last year's disruption, but year-over-year, issuance is up,"…

Maria AcevedoArticle published date: June 30, 2021

AMC’s Bonds Soar From Virtually Worthless to Par in 7 Months Bloomberg Quint

AMC’s Bonds Soar From Virtually Worthless to Par in 7 Months

“AMC is willing to take advantage of the hyper inflated share price to raise capital…

Maria AcevedoArticle published date: June 4, 2021

“Revenge travel” fuels hotel sector’s speedy comeback Axios

“Revenge travel” fuels hotel sector’s speedy comeback

Marriott, Hilton, Hyatt and Host get anywhere from 60–80% of their business from corporate travelers…

Maria AcevedoArticle published date: June 9, 2021

RBI Cash, Yields Draw Investors to Dollar Bonds: India Credit Bloomberg

RBI Cash, Yields Draw Investors to Dollar Bonds: India Credit

Global credit research firm CreditSights changed its recommendation last week on Indian Oil Corp., Reliance Industries Ltd. and Shriram Transport…

Maria AcevedoArticle published date: May 5, 2021

Investors Gird for Fallout as Indian States Lock Themselves Down Bloomberg

Investors Gird for Fallout as Indian States Lock Themselves Down

Citing headwinds due to lockdowns, research firm CreditSights also changed its recommendation last month on…

Maria AcevedoArticle published date: May 9, 2021

California Governor Proposes $100 Billion Recovery Package Bloomberg Quint

California Governor Proposes $100 Billion Recovery Package

“The state is awash in cash,” John Ceffalio, senior municipal research analyst at CreditSights Inc, said before…

Maria AcevedoArticle published date: May 10, 2021

French Laundering: CA Gov Newsom To Turn Tax Revs Into Cash Giveaway Ahead Of Election ZeroHedge

French Laundering: CA Gov Newsom To Turn Tax Revs Into Cash Giveaway Ahead Of Election

"The state is awash in cash," said CreditSights senior muni analyst John Ceffalio. "California came into the…

Maria AcevedoArticle published date: May 10, 2021

Amazon Doesn’t Need Money. Why It Raised $18.5 Billion Anyway BarronsMarketWatch

Amazon Doesn’t Need Money. Why It Raised $18.5 Billion Anyway

Analyst Jordan Chalfin from CreditSights said that Amazon’s bond sale will likely be used to invest in…

Maria AcevedoArticle published date: May 10, 2021

Danske bypasses money laundering legacy in AT1 return IFR

Danske bypasses money laundering legacy in AT1 return

"The potential penalties arising from the various regulatory investigations into money laundering in its now-closed…

Maria AcevedoArticle published date: May 15, 2021

Connecticut rides ratings grand slam into $1 billion GO sale Bond Buyer

Connecticut rides ratings grand slam into $1 billion GO sale

Research firm CreditSights placed a market-perform rating on Connecticut. “We think the state has positive credit momentum,…

Maria AcevedoArticle published date: May 17, 2021

AT&T Stock, Bond Prices Climb After Discovery Deal MorningStar

AT&T Stock, Bond Prices Climb After Discovery Deal

"AT&T has been clear that debt reduction is a primary focus for the company," wrote CreditSights analysts…

Maria AcevedoArticle published date: May 17, 2021

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