The COVID-19 crisis could trigger a sudden and massive reassessment of corporate credit risk, extending beyond the oil and gas sector where stress has thus far been most visible. Source: LA Times As Ryman Hospitality Properties built a hospitality and entertainment empire around the original Nashville radio show, the parent company’s debt grew to more…
Greece returns to bond market to take advantage of low borrowing costs Source: Bloomberg Greece is selling debt for the second time this year, taking advantage of lower borrowing costs after an upgrade from Moody’s Investors Service. The nation has mandated six banks as lead managers for a new 10-year bond, according to an Athens…
Despite prospects of a U.S. repatriation-tax holiday, the cash-rich Apple is planning to sell $10 billion of bonds in its first trip to the bond market in 2017 Source: Investor’s Business Daily Apple is selling $10 billion of notes in its first trip to the bond market in six months, becoming the second cash-rich technology company…
With the announcement of their merger sending both company’s bond prices into decline, concerns about increased debt burden have increased Source: The Wall Street Journal Count bond investors among the skeptics of AT&T Inc.’s proposed acquisition of Time Warner Inc. The prices of both firms’ bonds have declined since reports of the deal began emerging late…
By entering the green bond market, the Bank of China potentially signals their interest in tackling increased pollution. Source: Morning Star Bank of China is planning a multicurrency green bond offering to fund eligible green projects, according to a mandate announcement. The Chinese lender plans to issue U.S. dollar-denominated and euro-denominated green bonds via its Luxembourg branch,…
With trading volumes for US corporate bonds up
