A look at how how Walmart's SMR interacts with its make-whole call
And shows one consequence of dual-class share structures
“Bigger than most countries”, eh?
But it's not as bad as you might think.
Stock and credit feedback loop intensifies at Casino owner
Qualcomm can still avoid paying a 1-per-cent bonus to bondholders after a delayed deal
And the Whirlpool spins.
Bonds with higher ratings have significantly underperformed this year
Covenant Review is having none of it.
Another bad day for WeWork's bonds.
The Elon Musk story.
More like community ~busted~ ebitda, am I right??
Because who needs sales and marketing anyway?
Featuring a fun new metric called “community-adjusted EBITDA”.
There are signs of life in credit markets, and they may be hostile.
AT&T; wants to exchange its April 22 deal deadline for a never-ending grace period.
Bond market manoeuvres suggest it doesn't expect to hit an April 22 merger deadline attached to $22bn of debt.
In this guest post, former banking lawyer and regulator Martin Lowy argues that the liquidity of open-ended fixed-income mutual funds needs tighter regulation while bond ETFs do not.
Step right up, hurry hurry, don't wait -- read about the newest bizarre bond provision here.
We're not confident tax reform is good for corporate balance sheets.
There are signs of pressure in the market where big tech and other multinationals were big buyers.
Splitting the profits from POCO would be a problem
Bonds Rule Everything Around Me — including the implications of the US tax bill for corporate leverage.
The ECB’s direct buying of corporate bonds is also a way of accelerating the development of European capital markets.
“Men, men, men.”
Credit investors aren’t too worried about the economic cycle or corporate fundamentals, but they are worried about a potential boom in borrowing to do “transformative” deals.
They may have been investment-grade, but Steinhoff’s bonds have been a bad deal for the ECB.
