Jump to Navigation
Home

Main menu

  • Home
  • Latest Stories
  • Markets Map
  • Trends and Sentiments
  • Leading Topics
  • News Search
  • Comments and Analysis

Secondary menu

  • Latest News
  • Top Rated
  • Most Popular
  • Archive
  • About Us
  • Climate Change Might Cost Your State Billions, Study Finds
  • Lauren Simonetti has baby boy
  • Runners and riders in race to replace Carney at BOE
  • Sears Looks To Auction Off Stores
  • How scary are Christians?
  • Runners and riders in race to replace Carney as Bank of...
  • State and Federal Fraudulent Transfer Law Diverge Over...
  • Boeing 787: High Expectations
  • Korean summit, US tech group results, ECB decision
  • Don't Worry Night Owls, Here Are Flaws Of That Dying...

    Bond investors rebel against weaker deal terms

    Wed, 01/11/2017 - 13:44 EDT - Financial Times (ft.com)

    Covenant clause that could hit bondholders has appeared in at least a dozen sales

    • Original article
    • Login to post comments
     

    Related

    • Bond investors rebel against softer deal terms

      Covenant clause that could hit bondholders has appeared in at least a dozen sales

    • Cov-Lite Loans Hit Record In 2012 As January High Yield Covenant Protection Drops To New Lows

      Those who traded credit in the frothy days of 2007 will recall that virtually every piece of new paper, including LBO debt, would come to market with the skimpiest of creditor protections, i.e., "covenant lite" which to many was an indication that money was literally being thrown without any discrimination in the last epic chase for yield, just as many were preparing for the imminent market backlash. Which they got shortly thereafter.

    • Blockbuster $40-billion CVS sale masks turmoil in corporate bond market

      Wall Street’s bankers have made a fortune from funneling trillions of dollars of Corporate America’s bonds into investors’ portfolios, a party that continued this week with CVS Health Corp.’s US$40 billion debt sale.

    • Retail Investor Nightmare: The Bond Fund Rout

      Wolf Richter   www.testosteronepit.com   www.amazon.com/author/wolfrichter

    • Investors Scramble To Get A Piece Of CVS' Gargantuan Bond Deal As IG Yields Surge

      Following a period of relative quiet in the high grade bond market, today a mini quake will hit when CVS Health is set to test the health and depth of the bond market with a super-jumbo sale of $44.8 billion in IG bonds to help pay for the company's $69 billion acquisition of Aetna.

    • Goldman "Unexpectedly" Exempt From Venezuela Bond Trading Ban

      When the White House announced on Friday that Trump had signed an executive order deepening the sanctions on Venezuela, and confirming the previously rumored trading ban in Venezuelan debt that earlier in the week had sent VENZ/PDVSA bonds tumbling, we made what we thought at the time was a sarcastic comment that in light of the recent scandal involving

    • FINANCIAL ADVISOR INSIGHTS: The Recent Junk Bond Sell-Off Hasn't Hurt Corporate Liquidity

      FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.  MOODY'S: Corporate Liquidity Is In Good Condition Despite Recent Bond Sell-offs (Barron's)

    • Bondholders withdraw claim Penney was in default on bond terms

      (Reuters) - J.C.

    • CDS Quotes On New Greek Bonds On Hold; Last CDS and 1-Year Bond Quote on March 9

      New Greek bonds are priced at roughly 22 cents on the dollar. Simply put, the market expects yet another credit event. Yet try buying CDS protection on the new Greek bonds. You can't. The Financial Times reports Greek yields up as CDS trading put on hold Yields on new Greek bonds have jumped sharply in the past week amid worries over a shutdown of the market in insurance-like products used to hedge the risk of holding Athens’ debt.

    Latest

    EU, Mexico Reach New Free Trade Deal
    EU, Mexico Reach New Free Trade Deal
    Mitt Romney fails to secure GOP nomination, will have to compete in Republican primary for a US Senate seat in Utah
    Mitt Romney fails to secure GOP nomination, will...

    Markets Map

    Markets Map

    Follow Us

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS
    S&P 500: 2579.37 0.16% FTSE: 7487.96 -0.07% Nikk.: 22420.08 1.82% DAX: 13465.51 1.75% HSI: 28594.06 1.22% FX: EUR/GBP: 1.1401 USD/EUR: 1.1618 JPY/USD: 114.1510 Commodities: Gold: 1276.1000

    Bullfax.com - Market News & Analysis 2008-2011
    Contact Us | About Us | Terms & Conditions

    Follow Us on Facebook, Twitter, Google Plus and RSS LinkedIn Facebook Twitter Google Plus RSS .

    Secondary menu

    • Latest News
    • Top Rated
    • Most Popular
    • Archive
    • About Us