News
Potential upgrades at highest-ever level
The number of bonds classed as ‘potential upgrades’ by Standard & Poor’s was at its highest-ever level in May.
UBS rejigs fixed-income syndicate
UBS has named Jonathan Brown and Mark Wheatcroft as co-heads of fixed-income syndicate in London following the promotion of Henrik Raber.
Europe braced for GAL default
French logistics firm faces becoming the first European defaulter in over a year
Argentina returns to credit market
Strong economic recovery enables Argentina to issue its first bond since 2001 default
Isda to include single-name trades in cash settlement
Following six successful credit event auctions, Isda extends the settlement process
Moody's upgrades Indonesia
The move coincides with a $125m issue from local cocoa producer Davomas Abadi
Swiss Re hybrid gets equity classification
Surprise decision from insurance regulator fails to dampen demand
Asian CDOs set to rise
No adverse effect on synthetic CDOs from the bankruptcy of Dana Corp
Is the light fading at the end of the Eurotunnel?
Bondholders reject Eurotunnel's debt restructuring plan
Pimco unveils long bonds fund
The fund may interest pension investors seeking to match long-term liabilities
Eurobond issuance picks up
The pre-World Cup month of May sees a six-fold rise in Eurobond issuance
Greenspan 'appalled' by credit derivatives processing failings
Former Fed chief hits out at sloppy CDS documentation procedures