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  • High-yield bond issuers can expect to see strong demand for their fixed-income securities throughout the rest of the year, according to market watchers.
  • The marketing for a new collateralized debt obligation set to be managed by State Street Research & Management has been put on hold in light of BlackRock's announced plans to acquire the Boston money manager, according a CDO investor familiar with the plans.
  • Collins & Aikman Products Co.'s $400 million "B" loan broke in the 100 7/8-101 1/4 context last week and changed hands around that range.
  • Rating withdrawals are becoming a more significant indicator of credit performance in the collateralized debt obligation world as the market moves out of its infancy and some first-generation deals mature.
  • Ross MacIntyre, managing director in leveraged finance and high-yield capital markets at Citigroup in London, has moved back to New York in the same capacity after spending the last four years in Europe.
  • Buntrock is a portfolio manager responsible for $650 million in global fixed-income for the Loomis Sayles Global Bond Fund, which he describes as an active currency vehicle for U.S.-based investors.
  • LeCroy Corp. has tapped Bank of New York to lead the $75 million credit facility backing its $81 million acquisition of Computer Access Technology Corp. (CATC).
  • It's the perfect time for loan managers to tell their story as rising interest-rates and an improving economy make today's market one of the best for syndicated loans.
  • Moody's Investors Service is taking steps to reveal more of its methodology for rating corporate and sovereign borrowers outside the U.S., in a response to criticism that it is America-centric.
  • Rating withdrawals are becoming a more significant indicator of credit performance in the collateralized debt obligation world as the market moves out of its infancy and some of the first-generation deals mature.
  • PIMCO is looking to the primary market to buy loans for its Waveland INGOTS collateralized loan obligation, so the manager can reduce cash balances and increase the weighted average spread.
  • Grocery store chains such as Safeway Stores Inc., Albertsons Inc., Winn-Dixie Stores and The Kroger Co. are facing serious financial issues due to their high cost structure and competitive forces, according to a turnaround firm.