US Weekly: Fading the Fed
Executive Summary Treasury Markets: The Treasury curve bear flattened as the 2Y rose 12 bp…
Sara LawalMay 31, 2024
Strategy: Stress Testing US HY Interest Coverage
Executive Summary With the US leveraged finance markets firmly back in business, we provide an…
Sara LawalMay 24, 2024
Golden Seahorse: Reinstatement & Default Interest
Executive Summary This note discusses a pending appeal arising out of the Golden Seahorse LLC…
Sara LawalMay 17, 2024
US Strategy: Private Credit 101 Slides
Executive Summary We were asked to present to a group of government officials in Washington…
Sara LawalMay 17, 2024
US HY vs. Lev Loan Fundamentals Comparison (4Q23)
Executive Summary: We provide an update to our US HY vs Leveraged Loan comparison for…
Sara LawalMay 10, 2024
FOMC Quick Take May 2024
Executive Summary: The Fed held its policy rate steady at 5.25-5.50%, as widely expected. The market…
Siobhan HodsonMay 3, 2024
Thames Water (Kemble): Uncharted Waters
Thames Water's funding negotiations falter amid regulatory pushback. Negotiations to smooth the injection of a…
Siobhan HodsonApril 5, 2024
Altice France: Screens Painted Red by SFR
Executive Summary Never much trusted by the HY market, Patrick Drahi’s Altice team plumbed new…
Siobhan HodsonMarch 22, 2024
Altice France Bonds Continue to Slide as Advisors Size Up Mandate Opportunities; Drahi Burning Bridges with Bond Investors, Says CreditSights
Our reporters examine the impact of Altice France's aggressive new stance. Altice France's bonds…
Siobhan HodsonMarch 21, 2024