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The current deal deluge is causing a minor yield pullback, but levels have been steadier than many probably thought, trader said.
October 21
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Fed finds most areas improving, with different sectors showing greta variation in activity.
October 21
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Credit rating agencies have done relatively few credit downgrades.
October 21
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Nuveen’s John Miller, the biggest backer of Fortress Investment Group Inc.’s Brightline passenger railroad in Florida, had been skeptical of plans to forge ahead swiftly with a multi-billion dollar venture to build a second line running between Southern California and Las Vegas.
October 21
- PSO content
From pervasive discrimination at work to the dangers of #BankingWhileBlack, Black people in America face serious hurdles when engaging with the financial services. Join us for a panel discussion featuring guests from the Access Denied: Systemic Racism in Financial Services podcast.
October 21
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The Fortress Investment Group-backed passenger railroad in Florida, Brightline Holdings LLC, is offering to buy back as much as $250 million of bonds from investors for 100 cents on the dollar, about 17% more than where some of the securities have been trading.
October 21
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Toll collections on the Garcon Point Bridge have been suspended since mid-September because of Hurricane Sally, pitting the bond trustee against the state of Florida again.
October 21
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Options for local governments amid the coronavirus range from rainy-day withdrawals to pension payment delays, and renewed calls for shared services and mergers.
October 21
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Favorable sale results compared to recent secondary trading levels prompted MMD to narrow Illinois' spreads on average by 10-30 basis points across the curve with the short-end seeing the biggest improvement.
October 21
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CommonSpirit's deal marks the next phase in managing the combined debt porfolio of CHI and Dignity.
October 20
