-
€235 billion IG new issuance expected for 2010, says BNP Paribas
14 years ago
BNP Paribas credit analysts released their issuance guidance for 2010. -
Casino operator files for chapter 11
14 years ago
Casino operator Majestic Star Casino filed for chapter 11 bankruptcy yesterday at the US bankruptcy court for the district of Delaware. -
Lloyds announces tender offer results
14 years ago
Lloyds announced the results of its tender offer to exchange its bonds into tier-two securities, called enhanced capital notes (ECNs). -
BNP Paribas recommends holding Credit Logement's tier-one
14 years ago
BNP Paribas analyst note that Credit Logement’s €450 million tier-one floating rate note gives an attractive yield of 21.5% despite the fact that the French bank confirmed last Friday that it will not be calling the bond on 15 December 2009. -
Simmons bedmaker files for prepackaged chapter 11
14 years ago
Simmons Bedding filed for a prepackaged chapter 11 at the US bankruptcy court for the district of Delaware yesterday. -
Homebuilder files bankruptcy with $370 million of debt
14 years ago
Michigan-based homebuilder Champion Enterprises filed for chapter 11 bankruptcy on 15 November at the US bankruptcy court for the distrit of Delaware. -
Icelandic biotech firm files for chapter 11 with asset sale
14 years ago
Iceland-based biotechnology company deCODE Genetics filed for chapter 11 bankruptcy at the district of Delaware yesterday. -
Drop restructuring for CDS index trades, posits Bank of America/Merill Lynch
14 years ago
Bank of America/Merrill Lynch credit analysts posit a compromise for the restructuring credit event. -
Goldman closes out correlation short recommendation
14 years ago
Goldman Sachs credit strategists closed their investment grade short correlation trade yesterday -
US homebuilder ruling spooks distressed credit investors
14 years ago
A legal battle is currently ongoing at the US bankruptcy court for the southern district of Florida. -
US broadcasting company warns of bankruptcy
14 years ago
In its most recent SEC filing, Citadel Broadcasting reported that there is a possibility of it filing for chapter 11 bankruptcy. -
Loan b-wic spurs speculation
14 years ago
A bwic of loans amounting to $462.5 million is being circulated. -
Lloyds announces exchange offer for upper tier-two
14 years ago
Lloyds released details of its exchange offer today with respect to 52 series of existing upper tier-two securities. -
Indebted construction company files prepackaged chapter 11
14 years ago
Construction company Nortek Inc, the operating subsidiary of Nortek Holdings, filed for a prepackaged chapter 11 bankruptcy at the US bankruptcy court for the district of Delaware today. -
Pharma credits contain patent risk, says UniCredit
14 years ago
UniCredit recommends a cash bond trade today on Sanofi-Aventis and Roche. -
Canwest files for creditor protection after long battle
14 years ago
Canwest Media, the parent company to the National Post in Canada, announced today that it obtained an order for creditor protection under the Companies’ Creditors Arrangement Act (CCAA) from the Ontario Superio Court of Justice to launch a pre-packaged financial restructuring. -
CLOs face hit as media company files for bankruptcy
14 years ago
Questex Media, a provider of business-to-business media services, filed for chapter 11 bankruptcy at the US bankruptcy court for the district of Delaware on Monday. -
Wind Hellas's senior noteholders form group
14 years ago
According to UniCredit, Wind Hellas (II) has announced that a majority of the senior unsecured noteholders and a significant minority of the senior secured noteholders have organised a group. -
Morgan Stanley lists likely outperforming companies
14 years ago
Morgan Stanley research posits a list of companies in both high-yield and investment grade with operating leverage and strong sales expectations. -
CIT has limited time to restructure, says CreditSights
14 years ago
CreditSights analysts believe that CIT will need to restructure its balance sheet in order to avoid bankruptcy, but has the time (although limited) to do so. -
Intesa Sanpaolo to accelerate asset sale, says UniCredit
14 years ago
UniCredit analysts reported in their research today that Intesa Sanpaolo will be dispoing assets and issuing hybrid bonds in order to avoid capital injections from the state. -
Bondholders say Wind Hellas is trying to wipe them out
14 years ago
Bondholders in a Greek telecoms company are furious over what they see as the company’s efforts to subordinate their interests to those of equity holders -
US bedding company to file for chapter 11
14 years ago
Simmons Bedding will be filing for chapter 11 bankruptcy. -
HeidelbergCement rallies after rights issue
14 years ago
HeidelbergCement was one of Europe’s strong rallying credits yesterday, after it revealed plans to cut debt by €5 billion by the end of 2010 and bring its total to below €9 billion by the end of this year -
Mid-market CLO gains deep discount amendments
14 years ago
A mid-market loan specialist has secured a relatively unusual change to the rules governing its CLO, gaining a big increase in the amount of deep discount obligations it can buy
Want all the latest news, comment, analysis and data?