Investors turn risk-on for some junk debt but not all
Investors are showing more willingenss to dip their toes into junk-rated bonds.
Siobhan HodsonNovember 10, 2023
WeWork’s multibillion rescue couldn’t save it from office bust
Costly leases proved too much even after the coworking firm secured debt relief.
Siobhan HodsonNovember 6, 2023
Deutsche Bank sweetens deal to seal zombie bond tweaks
Investors voted to alter the rate used to calculate coupon payments to the SOFR.
Siobhan HodsonNovember 6, 2023
WeWork landlords could see steep losses on any rejected leases in bankruptcy
Filing for bankruptcy may allow WeWork to cherry pick office leases.
Siobhan HodsonNovember 6, 2023
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 HodsonNovember 6, 2023
RTX plans to refinance loan that bankrolled $10 billion buyback
RTX plans to refinance a short-term loan.
Siobhan HodsonOctober 31, 2023
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 HodsonOctober 31, 2023
CreditSights’ Cisar: Structural bid for duration in fixed income
Winnie Cisar says corporate bond portfolios have been doing better than last year.
Siobhan HodsonOctober 31, 2023
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 HodsonOctober 31, 2023
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 HodsonOctober 31, 2023