Pre-migration untagged articles
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Alliance Boots’s credit default swap spread leaped wider by 75bp this week after details of its £9bn leveraged buyout financing were divulged — and trading remained volatile as the market worried about the company’s new financial structure.
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The Office of the Superintendent of Financial Institutions Canada (OSFI) has given the country’s banks permission to issue covered bonds, but only an amount up to 4% of their total assets.
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What is the easiest way to upset a senior manager of Allianz, one of the world’s premier insurance companies?
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The iTraxx Crossover Index hit 248bp at the beginning of the week, amid a generally deteriorating environment for more risky credits.