Top Section/Ad
Top Section/Ad
Most recent
Margins widen as lenders weigh up AI disruption to portfolio companies
◆ What strikes on energy infrastructure in the Middle East mean for emerging market bonds ◆ Why issuing in dollars has become so dicey for supranationals and agencies ◆ Europe’s advantage in the private credit meltdown
A slow destruction of misallocated investment is more likely than a sudden stop
Investors confident software fears are overblown
More articles/Ad
More articles/Ad
More articles
-
Leveraged loan and high yield bond documentation is starting to see a new feature creep in — anti “net short” language, which attempts to stop creditors that are short the company from getting a place at the table in a restructuring. The funds targeted by the new provisions aren’t exactly the cuddliest citizens of the capital markets, but they won’t be the only casualties.
-
Middle market credit investment manager MidOcean Partners has hired a former Apollo Global Management executive as CIO.
-
A pair of rare European companies placed large MTNs through Deutsche Bank on Monday. Investors poured into in a seven year tap by Heineken, while Volvo revved in with a 10 year dollar note.
-
The Schuldschein market has given issuers exceptionally tight pricing, relative to the bond market, in the past six to nine months, but that advantage may be ebbing as bond spreads and yields have come down in recent months.
-
The Schuldschein market’s first half of 2019 was better than expected, prompting arrangers to believe that this year could break the records set in 2017 for deal numbers and overall volume.
-
Swedish car manufacturer Volvo made its debut in Hong Kong dollars on Wednesday amid increasing tensions and unrest in the city.