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US issuers and insurance companies could benefit as Moody’s relaxes parts of its approach
Investors attracted by relative value versus loans but are not blind to risk
Floridian manager registered the vehicle in Ireland with article 8 SFDR classification
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Abengoa, the Spanish renewable energy multinational, has filed for bankruptcy in the US under its operating subsidiary there: Abengoa Bioenergy US Holding.
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The high yield market, desperate for some good news, was left waiting by the phone on Thursday as Solera Holdings' $2bn of notes were said to be struggling to get priced, even though they offered a 11% yield.
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One of Vietnam’s largest property developers Vingroup raised VN$3tr ($135.5m) from a dual-tranche offering on February 18 in what was only the second transaction in the country to be backed by the Credit Guarantee Investment Facility.
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The hidden depth of demand in Europe’s corporate bond market was made amply clear on Monday, when Vodafone trounced market expectations that it would issue a €3bn bond — itself a large and bullish transaction — by raising €6bn.
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The high yield market in Europe issued just $1bn of new deals in January, the lowest January figure since 2009.
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Goldman Sachs had $10.6bn of credit exposure to the oil and gas industry as of December 2015, according to its annual regulatory filing.