High yield
Best bank for high yield corporate bonds: Credit Suisse
Best bank for high yield corporate bonds: Credit Suisse
Crédit Agricole appoints high yield analyst
Crédit Agricole appoints high yield analyst
Strong bid for credit drives down spreads in September
Trading talk: October 2010
Deutsche hires high yield professionals for European trading business
Deutsche adds two to European high yield team
LBO companies face debt restructuring risk – Pimco's Jessop
The executive vice-president and portfolio manager at Pimco talks about the asset manager’s plan to broaden its high yield offering, and where he sees the current risks and opportunities in that market.
Distressed debt expert sees opportunities from global recession
The head of special situations at Alcentra says distressed debt investors should head for Europe if the global economy slumps again.
'Forum shopping' frustrates European high yield investors
An increasing number of European companies are moving their operations abroad to avoid punitive bankruptcy regimes, leaving bondholders at a disadvantage.
LBOs remain vulnerable to restructuring, says Pimco’s Jessop
The current low default rate in the high yield market does not tell the full story, the executive vice-president and portfolio manager at Pimco tells Credit.
European distressed debt investors could benefit from double-dip
Alcentra head of special situations says second wave of global recession is likely, and predicts distressed debt opportunities in Europe.
Opaque bond documentation a risk to high yield investors
Market participants have warned an increasing number of European high yield bond offerings are accompanied by unclear – even misleading – documentation.
Alcentra advocates leveraged loans over high yield
Paul Hatfield, CIO of Alcentra, says investors should choose loans because of “stupendously attractive” returns.
Knight expands capital markets team
Knight Capital hires new managing directors for capital markets business.
Credit Institute event: The outlook for high yield
June’s meeting of Credit Institute gave investors the opportunity to discuss the key themes affecting the high yield market, including the Eurozone sovereign crisis and refinancing risk.
High yield spreads no longer correlated to default rates: Jerry Tempelman column
High yield spreads are more highly correlated to the VIX index than to default rates.
Issuance slowdown raises refinancing fears for high yield borrowers
Corporate bond issuance plummeted in May, with issuers and investors wary of the effects of the ongoing sovereign crisis on the credit markets. Faced with an unprecedented refinancing wall, it may be high yield borrowers who suffer most.
Marty Fridson joins BNP Paribas
High yield veteran and Fixed Income Hall of Fame member takes on new strategy role.
ING makes syndicated finance hire
ING Commercial Banking has hired a new senior sales director in syndicated finance.
Looming junk bond glut threatens high yield returns
US high yield issuance has soared in the past year, but an imminent wall of refinancings is raising longer-term concerns.
Distressed debt funds fail to attract inflows despite growth in distressed assets
An increase in the amount of distressed assets in the past two years has yet to boost inflows into distressed debt funds.