Refine Search
Article Categories
Strategy Tags
- Direct lending (2)
- Emerging markets (86)
- High yield bonds (329)
- Investment grade credit (76)
- Structured credit (9)
- CLO (10)
- Distressed debt (remove)
- Leveraged loans (9)
- Synthetic/SRT (369)
- ABL Financing (1)
Geography Tags
-
Rallye CDS auction to have 10 dealers and six deliverables
4 years ago
10 dealers will take part in an auction next week to settle CDS contracts referencing Rallye, after the Determinations Committee voted to add Morgan Stanley as a participating bidder -
Rallye CDS auction date set with three initial deliverables
4 years ago
A credit event auction to settle CDS referencing Rallye, the parent of French supermarket chain Casino, will take place on 27 June, with the Determinations Committee having agreed an initial list of three deliverable obligations -
Credit traders' kickstand: rally makes good on relative value plays, but high yield pitfalls abound
4 years ago
Credit markets are ending the week on a stronger tone overall than they did last Friday, following supportive comments this week from both the US Federal Reserve and the European Central Bank meeting. But big drops in some individual company bonds shows there are still plenty of pitfalls to catch out the unwary -
100% pay-out on New Look CDS as physical bids fail to materialise
4 years ago
A credit event auction to settle CDS referencing New Look today resulted in a zero cent final price, meaning contracts paid out to protection buyers in full - the first time this has happened other than by a 'deemed auction' decision since 2012 -
New Look CDS auction sets 1.5 cents as initial market mid-point
4 years ago
A credit event auction to settle CDS referencing New Look today has produced an initial market midpoint of just 1.5 cents, in line with the low price at which bonds have been quoted -
New Look CDS auction to have only one deliverable, says DC
4 years ago
An credit event auction tomorrow to settle CDS referencing UK retailer New Look will have only one deliverable obligation, following no challenges to the initial list -
Welshcake: Sirius has made a strong move in CDS - if it hits the right targets
4 years ago
The most tragic of human traits is the proclivity for our inventions to come back and bite us -
Supermarket owner Rallye triggers credit event and joins queue for settlement checkout
4 years ago
Rallye, the parent of French supermarket chain Casino, has triggered a bankruptcy credit event, the Determinations Committee for Europe, Middle East and Africa (EMEA) has determined -
New Look triggers credit event with big pay-out likely for CDS
4 years ago
The Europe, Middle East & Africa Determinations Committee has ruled that New Look has triggered a failure-to-pay credit event -
Steinhoff CDS auction in limbo due to lock-up and CVA
5 years ago
A date to settle CDS referencing Steinhoff Europe had still to be agreed as Creditflux went to press — more than a month on from when the EMEA Determinations Committee (DC) ruled that the company had triggered a failure-to-pay credit event. -
Credit Suisse adds special situations trading head among raft of hires
5 years ago
Credit Suisse has continued to build momentum in its credit business with the hire of a managing director to head special situations and loan trading with its Europe, Middle East and Africa credit products business, following on from nine others across its London and New York credit business -
Windstream CDS settles higher than expected amid big physical settlement orders
5 years ago
Windstream Services CDS contracts have settled at a final price of 29.5, presenting a big pay-out for holders of protection but not quite as rewarding as bond levels had projected -
Dealers line up to settle Windstream CDS today
5 years ago
Dealers will today hold a credit event auction to settle CDS referencing Windstream Services, with Morgan Stanley added to the list of participating bidders -
New Look bankruptcy credit event question put before Determinations Committee
5 years ago
The Credit Derivatives Determinations Committee for the Europe Middle East and Africa (EMEA) region has been asked to rule on whether New Look, the UK based clothes retailer, has triggered a bankruptcy credit event -
Steinhoff has triggered failure-to-pay credit event, rules DC
5 years ago
Steinhoff Europe has triggered a failure-to-pay credit event, the EMEA Credit Derivatives Determinations Committee has ruled unanimously -
Steinhoff Europe failure-to-pay credit event question posed to DC
5 years ago
The EMEA Determinations Committee has been asked to rule on whether Steinhoff Europe has triggered a failure-to-pay credit event, following the retailer’s lock-up period request -
Challenge rejected on cheapest-to-deliver bonds for Windstream CDS auction
5 years ago
The Americas Credit Derivatives Determinations Committee has unanimously rejected a challenge by a market participant against allowing some of the cheapest Windstream bonds to be delivered into an auction to settle CDS referencing the company -
Windstream CDS auction delayed by two weeks
5 years ago
An auction to settle CDS referencing Windstream Holdings has been postponed by two weeks, after dealers on the Americas Credit Derivatives Determinations Committee agreed the process needed more time -
Dealers set Windstream credit event auction date
5 years ago
An auction to settle CDS referencing Windstream Holdings will take place on Monday, 18 March -
Isda tables plans to rid CDS market of narrowly tailored credit events
5 years ago
After lengthy deliberation, a working group of major firms is today set to publish proposals aimed at ridding the market of ‘narrowly tailored credit events’, whereby borrowers are persuaded to default on debt payments in order to trigger pay-outs for CDS holders -
Windstream set for high CDS pay-out as DC picks initial deliverable obligations
5 years ago
Windstream Holdings CDS protection holders look set for a high pay-out, as the cheapest deliverable obligations into the defaulted company’s credit event auction are quoted in the mid-20s -
PG&E auction brings slim payout for CDS protection holders
5 years ago
CDS referencing Pacific Gas & Electric Company have been settled at a final price of 77.75, meaning only a 22.25 pay-out for holders of protection -
Windstream has triggered bankruptcy credit event, not failure to pay, says DC
5 years ago
The Americas Credit Derivatives Determinations Committee has ruled that Windstream Holdings has triggered a bankruptcy credit event, after the US phone company filed for Chapter 11 protection on Monday -
Windstream bankruptcy credit event weighed by Determinations Committee
5 years ago
The Americas Credit Derivatives Determinations Committee has been asked to decide whether Windstream Holdings has triggered a bankruptcy credit event, after the US phone company yesterday filed for Chapter 11 protection -
Bidders line up for PG&E credit event auction
5 years ago
An auction tomorrow to settle CDS referencing Pacific Gas & Electric Company CDS will have 10 participating bidders, after Morgan Stanley was added to the list
Want all the latest news, comment, analysis and data?