Bloomberg RTX taps bond market to repay loan backing $10 billion share buyback RTX sold $6 billion of bonds to help repay a short-term loan.Kaia LundNovember 10, 2023
Reuters Investors turn risk-on for some junk debt but not all Investors are showing more willingenss to dip their toes into junk-rated bonds.Kaia LundNovember 10, 2023
LevFin Insights U.S. Bankruptcy: WeWork Nets First Day Approval, Seeks to Protect Customer Identities; Landlords Attempt to Depose CEO WeWork won interim approval from Judge John Sherwood of the New Jersey Bankruptcy Court for all…Kaia LundNovember 10, 2023
CreditSights Lumen: Updated Views on TSA This report contains a summary of the pending LME transactions, its impact (if the transactions…Kaia LundNovember 9, 2023
Bloomberg WeWork’s multibillion rescue couldn’t save it from office bust Costly leases proved too much even after the coworking firm secured debt relief.Kaia LundNovember 6, 2023
Bloomberg Law Deutsche Bank sweetens deal to seal zombie bond tweaks Investors voted to alter the rate used to calculate coupon payments to the SOFR.Kaia LundNovember 6, 2023
MarketWatch WeWork landlords could see steep losses on any rejected leases in bankruptcy Filing for bankruptcy may allow WeWork to cherry pick office leases.Kaia LundNovember 6, 2023
Bloomberg New Swiss rules set to spur $20 billion junior bond overhaul Insurance companies in Switzerland are set to repay billions in mostly discounted old-style bonds.Kaia LundNovember 6, 2023
Bloomberg RTX plans to refinance loan that bankrolled $10 billion buyback RTX plans to refinance a short-term loan.Kaia LundOctober 31, 2023
Financial Times How China’s property crisis has unfolded, from Evergrande to Country Garden Thousands of unfinished homes and a swath of debt restructurings show the turmoil among developers.Kaia LundOctober 31, 2023