CreditSights News & Blog

Boeing sees roughly $12 billion in demand for new debt deal, despite massive cash burn MarketWatch

Boeing sees roughly $12 billion in demand for new debt deal, despite massive cash burn

Boeing said in a public filing Thursday that it may use proceeds from the bond sale to…

Maria AcevedoArticle published date: October 29, 2020

18.5 Million Americans Could Lower Their Mortgage Interest Rate, and Two More Numbers to Know Barrons

18.5 Million Americans Could Lower Their Mortgage Interest Rate, and Two More Numbers to Know

The typical gap between yields on U.S. corporate bonds with a BBB3 rating (the lowest…

Maria AcevedoArticle published date: November 3, 2020

Chinese banks face these risks ahead going into 2021: CreditSights CNBC

Chinese banks face these risks ahead going into 2021: CreditSights

Jason Tan of CreditSights discusses factors such as non-performing loans and the possibility of lopsided…

Ali Shah RajaniArticle published date: October 30, 2020

Bank of America sells $2 billion of bonds to help fight inequality in Black and Hispanic communities MarketWatch

Bank of America sells $2 billion of bonds to help fight inequality in Black and Hispanic communities

But for investors dedicated to environmental, social and corporate governance (ESG) issues, the “offering is…

Meredith RowleyArticle published date: September 23, 2020

BofA prices ESG bond to tackle Black, Hispanic inequality NasdaqReuters

BofA prices ESG bond to tackle Black, Hispanic inequality

The use of proceeds is believed to be a first of its kind in the…

Maria AcevedoArticle published date: September 25, 2020

T-Mobile adds US$4bn deal to bountiful year of issuance NasdaqReuters

T-Mobile adds US$4bn deal to bountiful year of issuance

"We had expected T-Mobile to be proactive refinancing its higher coupon HY debt given the…

Maria AcevedoArticle published date: September 25, 2020

Gilead’s M&A bond creates chemistry NasdaqReuters

Gilead’s M&A bond creates chemistry

In the second quarter, Gilead reported some US$8.6bn of free cashflow over the last 12-month…

Maria AcevedoArticle published date: September 25, 2020

New Covid Curfew Another Setback for U.K’s Indebted Pub Sector BNN Bloomberg

New Covid Curfew Another Setback for U.K’s Indebted Pub Sector

Even before the curfew was announced, Stonegate told investors that it was at risk of…

Maria AcevedoArticle published date: September 28, 2020

Analysts see long odds, some merit in potential $200B NextEra-Duke deal S&P Global

Analysts see long odds, some merit in potential $200B NextEra-Duke deal

CreditSights analyst Andrew DeVries said that "on the surface" the prospect of NextEra, with a…

Maria AcevedoArticle published date: September 30, 2020

Pernod Ricard brings rare dollar bond Nasdaq

Pernod Ricard brings rare dollar bond

Analysts at research firm CreditSights would not be buyers of any of last week's paper…

Maria AcevedoArticle published date: October 2, 2020

Orange connects with yield demand for hybrid LME Nasdaq

Orange connects with yield demand for hybrid LME

A yield of 1.8% implies a sub/senior spread of around 167bp, relatively tight for telecoms…

Maria AcevedoArticle published date: October 7, 2020

ESG Market Record Is Causing Bubble Anxiety Bloomberg Quint

ESG Market Record Is Causing Bubble Anxiety

Investors are growing increasingly anxious about how the funds raised from green bond sales are…

Maria AcevedoArticle published date: October 7, 2020

Pemex hits market for first time since Moody’s cut it to junk Nasdaq

Pemex hits market for first time since Moody’s cut it to junk

"Despite our concerns about Pemex's stand-alone credit profile and lack of a credible medium-term financial…

Maria AcevedoArticle published date: October 8, 2020

Talk of Exelon split nothing new, analysts say S&P Global

Talk of Exelon split nothing new, analysts say

"I don't see who the logical buyers are," DeVries said. "No one wants to do…

Maria AcevedoArticle published date: October 13, 2020

Exelon Could Sell or Spin Off Its Nuclear Plants. CreditSights Doubts There Would Be a Buyer. Barrons

Exelon Could Sell or Spin Off Its Nuclear Plants. CreditSights Doubts There Would Be a Buyer.

CreditSights says that it sees “no logical buyers here,” though Exelon could also spin out…

Maria AcevedoArticle published date: October 13, 2020

AMC Warns It May Run Out of Money by End of Year Bloomberg

AMC Warns It May Run Out of Money by End of Year

“Bankruptcy is an almost foregone conclusion,” CreditSights analyst Matt Zloto said in an interview. “The…

Maria AcevedoArticle published date: October 13, 2020

AMC could run out of money by the end of the year Samachar News

AMC could run out of money by the end of the year

“Bankruptcy is an almost foregone conclusion,” CreditSights analyst Matt Zloto said in an interview. “The…

Maria AcevedoArticle published date: October 14, 2020

Debt buyers are betting on big banks — over the short term, at least MarketWatch

Debt buyers are betting on big banks — over the short term, at least

“There isn’t much to complain about in 3Q20,” wrote Jesse Rosenthal’s team at CreditSights, of…

Maria AcevedoArticle published date: October 15, 2020

United throws ‘kitchen sink’ at investors to secure $3bn borrowing Financial Times

United throws ‘kitchen sink’ at investors to secure $3bn borrowing

Roger King, an analyst at CreditSights, said United had thrown the “kitchen sink” at investors…

Maria AcevedoArticle published date: October 20, 2020

United Airlines Is Selling Bonds Backed by Spare Airplane Parts. That Could Be a Stretch. Barrons

United Airlines Is Selling Bonds Backed by Spare Airplane Parts. That Could Be a Stretch.

The twist is that these bonds are going to be backed by spare parts and engines,…

Maria AcevedoArticle published date: October 20, 2020