Barrons Archives - ׶Ƶ Know More. Risk Better.® Tue, 10 May 2022 15:26:06 +0000 en-US hourly 1 /wp-content/uploads/cropped-favicon-512x512-1-32x32.png Barrons Archives - ׶Ƶ 32 32 Musk’s Twitter Deal Would Add Lots of Debt. Bondholders Should Root for It Anyway. https://www.barrons.com/articles/twitter-bonds-musk-51651156073#new_tab Thu, 28 Apr 2022 15:25:56 +0000 /?p=7558 Leveraged buyouts aren’t great for corporate balance sheets, to be sure. But credit-research firm ׶Ƶ argues that Twitter’s bond investors will be better off if the deal is completed, even though the...

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]]> Leveraged buyouts aren’t great for corporate balance sheets, to be sure. But credit-research firm ׶Ƶ argues that Twitter’s bond investors will be better off if the deal is completed, even though the buyout will saddle the social-media platform with $13 billion of new debt, with $10 billion of that secured by the assets of the company.

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]]> AA-Rated Amazon Just Paid Up to Borrow. Here’s What That Says About Credit Costs. https://www.marketwatch.com/articles/amazon-bond-credit-costs-51649773522#new_tab Tue, 12 Apr 2022 19:51:06 +0000 /?p=7134 ׶Ƶ analysts also noted that the company seems to be planning to buy back stock. Its board doubled the size of its authorization to buy back shares, to $10 billion from...

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]]> ׶Ƶ analysts also noted that the company seems to be planning to buy back stock. Its board doubled the size of its authorization to buy back shares, to $10 billion from its $5 billion authorization in 2016.

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]]> AT&T’s Megadeal Is Bad News for Its Dividend but Good for Its Debt https://www.barrons.com/articles/att-debt-51621337135?tesla=y#new_tab Tue, 18 May 2021 14:49:20 +0000 http://know.creditsights.com/?p=4375 The deal is a “win-win-win” for AT&T’s credit, wrote ׶Ƶ analyst Davis Hebert in a late Monday note. He highlighted the benefits of the $43 billion in debt reduction, and the removal...

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]]> The deal is a “win-win-win” for AT&T’s credit, wrote ׶Ƶ analyst Davis Hebert in a late Monday note. He highlighted the benefits of the $43 billion in debt reduction, and the removal of the “volatile” media business. He also estimated that the company will spend $2 billion to $3 billion less on interest each year after the debt reduction.

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]]> Amazon Doesn’t Need Money. Why It Raised $18.5 Billion Anyway https://www.marketwatch.com/articles/amazon-added-18-5-billion-to-its-debt-load-moodys-raised-its-rating-anyway-51620680948?mod=barrons-on-marketwatch#new_tab Mon, 10 May 2021 15:05:48 +0000 http://know.creditsights.com/?p=4384 Analyst Jordan Chalfin from ׶Ƶ said that Amazon’s bond sale will likely be used to invest in its business, specifically the delivery part of its supply chain. And he hinted that a...

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]]> Analyst Jordan Chalfin from ׶Ƶ said that Amazon’s bond sale will likely be used to invest in its business, specifically the delivery part of its supply chain. And he hinted that a deal could be in the works, if the U.S. government is willing to cooperate.

“The company is making significant investments across its business this year, notably in transportation,” he wrote. Further, “Amazon has a large appetite for [mergers and acquisitions] although the regulatory environment could pose challenges on that front.”

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]]> The Fed Will End Emergency Relief for Banks. It Might Not Make Much Difference for Markets. https://www.barrons.com/articles/the-fed-will-end-emergency-relief-for-banks-it-might-not-make-much-difference-for-markets-51616170768#new_tab Fri, 19 Mar 2021 16:17:25 +0000 http://know.creditsights.com/?p=4067 And none of the banks will run foul of the rule once it’s imposed again, according to analysts at ׶Ƶ, though banks’ future buying of Treasuries could be constrained. “We...

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]]> And none of the banks will run foul of the rule once it’s imposed again, according to analysts at ׶Ƶ, though banks’ future buying of Treasuries could be constrained.

“We have a hard time seeing banks flooding the market with Treasuries if relief is allowed to expire,” wrote the ׶Ƶ strategists in a March 11 note. “Even from the demand angle, a couple large money centers backing away from Treasury buying doesn’t seem sufficient to move what’s supposed to be the world’s largest and deepest market.”

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]]> $1.9 Trillion American Rescue Plan Expected to Grow Global Economy, and Two More Numbers to Know https://www.marketwatch.com/articles/1-9-trillion-american-rescue-plan-expected-to-grow-global-economy-51615370402#new_tab Wed, 10 Mar 2021 17:41:49 +0000 http://know.creditsights.com/?p=4079 That is according to an analysis from ׶Ƶ. That is the first monthly decline in the default rate since before the pandemic.

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]]> That is according to an analysis from ׶Ƶ. That is the first monthly decline in the default rate since before the pandemic.

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]]> New Business Applications to the IRS Up 45%, and Two More Numbers to Know https://www.marketwatch.com/articles/new-business-applications-to-the-irs-up-45-51613124001#new_tab Fri, 12 Feb 2021 19:46:02 +0000 http://know.creditsights.com/?p=3940 Motor Vehicles Sales Drop 27% in Five Major European Markets in January Compared to 2020 That is according to new data compiled by ׶Ƶ. That includes Germany, France, the U.K., Italy,...

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]]> Motor Vehicles Sales Drop 27% in Five Major European Markets in January Compared to 2020

That is according to new data compiled by ׶Ƶ. That includes Germany, France, the U.K., Italy, and Spain.

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]]> Carnival’s Latest Debt Sale Comes With Less Onerous Terms Than Earlier in Pandemic https://www.barrons.com/articles/carnivals-latest-debt-sale-comes-with-less-onerous-terms-than-earlier-in-pandemic-51613138823?siteid=yhoof2&yptr=yahoo?src=rss#new_tab Fri, 12 Feb 2021 19:43:23 +0000 http://know.creditsights.com/?p=3938 An easing of onerous credit conditions for Carnival started last year, according to ׶Ƶ. “In November of [2020, Carnival] issued two tranches of senior guaranteed bonds, signaling a turning point in...

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]]> An easing of onerous credit conditions for Carnival started last year, according to ׶Ƶ.

“In November of [2020, Carnival] issued two tranches of senior guaranteed bonds, signaling a turning point in market conditions given the favorable 7.625% coupon achieved on those 2026 bonds relative to the 10-11% coupons attached to the various tranches of senior secured debt issued early on in the pandemic,” according to ׶Ƶ.

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]]> Ratio of Jobless Americans to Open Positions Continues to Hover at 1.7, and Two More Numbers to Know https://www.barrons.com/articles/ratio-of-jobless-americans-to-open-positions-continues-to-hover-at-1-7-51612951209#new_tab Wed, 10 Feb 2021 17:20:44 +0000 http://know.creditsights.com/?p=3904 Investors in Higher-Rated U.S. Corporate Bonds Set to Receive $290 Billion in Coupon Payments in 2021 That is according to a new analysis from ׶Ƶ.

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]]> Investors in Higher-Rated U.S. Corporate Bonds Set to Receive $290 Billion in Coupon Payments in 2021

That is according to a new analysis from ׶Ƶ.

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]]> 393,000 Americans Laid Off From Restaurants and Hotels in November, and Two More Numbers to Know https://www.marketwatch.com/articles/393-000-americans-laid-off-from-restaurants-and-hotels-in-november-51610532002#new_tab Wed, 13 Jan 2021 15:09:30 +0000 http://know.creditsights.com/?p=3678 That is up from about 3% before the pandemic. Over the course of 2020, 64 borrowers defaulted on a total of $98 billion debt, according to an analysis from ׶Ƶ.

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]]> That is up from about 3% before the pandemic. Over the course of 2020, 64 borrowers defaulted on a total of $98 billion debt, according to an analysis from ׶Ƶ.

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