CreditSights News & Blog

Deutsche Bank sweetens deal to seal zombie bond tweaks Bloomberg Law

Deutsche Bank sweetens deal to seal zombie bond tweaks

Investors voted to alter the rate used to calculate coupon payments to the SOFR.

Siobhan HodsonArticle published date: November 6, 2023

New Swiss rules set to spur $20 billion junior bond overhaul Bloomberg

New Swiss rules set to spur $20 billion junior bond overhaul

Insurance companies in Switzerland are set to repay billions in mostly discounted old-style bonds.

Siobhan HodsonArticle published date: November 2, 2023

WeWork landlords could see steep losses on any rejected leases in bankruptcy MarketWatch

WeWork landlords could see steep losses on any rejected leases in bankruptcy

Filing for bankruptcy may allow WeWork to cherry pick office leases.

Siobhan HodsonArticle published date: November 2, 2023

RTX plans to refinance loan that bankrolled $10 billion buyback Bloomberg

RTX plans to refinance loan that bankrolled $10 billion buyback

RTX plans to refinance a short-term loan.

Siobhan HodsonArticle published date: October 30, 2023

How China’s property crisis has unfolded, from Evergrande to Country Garden Financial Times

How China’s property crisis has unfolded, from Evergrande to Country Garden

Thousands of unfinished homes and a swath of debt restructurings show the turmoil among developers.

Siobhan HodsonArticle published date: October 23, 2023

CreditSights’ Cisar: Structural bid for duration in fixed income Bloomberg

CreditSights’ Cisar: Structural bid for duration in fixed income

Winnie Cisar says corporate bond portfolios have been doing better than last year.

Siobhan HodsonArticle published date: October 18, 2023

China’s Country Garden was given a second chance to make a bond payment. It failed. Wall Street Journal

China’s Country Garden was given a second chance to make a bond payment. It failed.

China's yearslong property slowdown has claimed another victim.

Siobhan HodsonArticle published date: October 13, 2023

Country Garden default talk swirls as offshore debt deadline passes Reuters

Country Garden default talk swirls as offshore debt deadline passes

A Country Garden $15 million coupon payment deadline has expired without word of payment.

Siobhan HodsonArticle published date: October 13, 2023

World Business Report: President Xi reaffirms commitment to Russian relationship BBC

World Business Report: President Xi reaffirms commitment to Russian relationship

Chinese president Xi Jinping reaffirmed close economic ties with Russia.

Siobhan HodsonArticle published date: October 13, 2023

Hong Kong property barons’ perpetual debt too good to be true? Forbes

Hong Kong property barons’ perpetual debt too good to be true?

Investors can no longer take Hong Kong developers' debts for granted.

Siobhan HodsonArticle published date: October 13, 2023

China’s Country Garden succumbs to debt crisis after sales plunge Wall Street Journal

China’s Country Garden succumbs to debt crisis after sales plunge

Chinese property giant Country Garden failed to make an international debt payment and warned that…

Siobhan HodsonArticle published date: October 10, 2023

Country Garden says it can’t meet all offshore debt payments, setting stage for revamp Reuters

Country Garden says it can’t meet all offshore debt payments, setting stage for revamp

Country Garden could be the next company to join a growing list of Chinese developers…

Siobhan HodsonArticle published date: October 10, 2023

Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices South China Morning Post

Sunac China wins Hong Kong court approval to implement US$10.2 billion debt workout with creditors in boost to stock prices

Sunac China Holdings is a step closer to resolving its debt crisis.

Siobhan HodsonArticle published date: October 5, 2023

Elon Musk’s $13 billion whip hand against Wall Street: How interest rates and the financial disaster at Twitter put the world’s richest man in the driver’s seat Fortune

Elon Musk’s $13 billion whip hand against Wall Street: How interest rates and the financial disaster at Twitter put the world’s richest man in the driver’s seat

Is Elon Musk looking to buy back X's debt at a steep discount?  

Siobhan HodsonArticle published date: October 4, 2023

Tycoon Agarwal’s plan to overhaul Vedanta gets cautious shareholder welcome Bloomberg

Tycoon Agarwal’s plan to overhaul Vedanta gets cautious shareholder welcome

Shares of Anil Agarwal's Vendanta Ltd. rose after the tycoon announced an overhaul of his…

Siobhan HodsonArticle published date: October 3, 2023

China Evergrande shares jump as trade resumes Wall Street Journal

China Evergrande shares jump as trade resumes

China Evergrande Group's shares rose sharply as trading in the beleagured property developer resumed.  

Siobhan HodsonArticle published date: October 3, 2023

Vedanta demerger does not address debt: CreditSights NewsDrum

Vedanta demerger does not address debt: CreditSights

Vedanta Ltd.'s move to split into six separate units is unlikely to address the mining…

Siobhan HodsonArticle published date: October 3, 2023

CreditSights sees multi-year structural downturn of China property sector Bloomberg

CreditSights sees multi-year structural downturn of China property sector

Zerlina Zeng, senior credit analyst at CreditSights, discusses the prospects for China's property market and…

Siobhan HodsonArticle published date: October 1, 2023

Indian conglomerate Vedanta to break up as debt crunch looms Financial Times

Indian conglomerate Vedanta to break up as debt crunch looms

Anil Agarwal is splitting the Vedanta group into six entities in an effort to raise…

Siobhan HodsonArticle published date: September 29, 2023

New trouble roils China Evergrande, fueling real estate crisis fears New York Times

New trouble roils China Evergrande, fueling real estate crisis fears

China Evergrande halted critical work to settle its debts and investors dumped their stock amid…

Siobhan HodsonArticle published date: September 28, 2023