Web2 days ago · Fitch has also downgraded Sino-Ocean's USD600 million subordinated perpetual debt to 'CCC', with a Recovery Rating of 'RR6', from 'B-'. All ratings remain on Rating Watch Negative (RWN). The downgrade reflects increasing uncertainty over Sino-Ocean's financial flexibility, following missed payment of amortisation on syndicated … WebJul 10, 2024 · --Covenant Review is the trusted source for the interpretation of corporate bond indentures and leveraged loan credit agreements. --LevFin Insights provides …
Institutional Leveraged Loan Issuance Tripled First Quarter …
WebJan 15, 2024 · New York, NY – January 15, 2024 – Covenant Review, a Fitch Solutions service, today announces the launch of Documentation Score, a simple, user-friendly … WebJan 13, 2024 · Close Up: Circumventing the High Yield Asset Sales Covenant - Please join Covenant Review for an on-demand webinar providing a recap of recent research, a … phloem flow direction
LIBOR Cessation Could Pressure Funding Costs for Some LL Issuers
WebApr 10, 2024 · Fitch Ratings-New York/Milan-10 April 2024: Leveraged loans (LL) with contractual provisions that will result in Alternative Base Rate (ABR) pricing following the cessation of USD LIBOR on June 30 may face credit pressure given the higher rates they would be obligated to pay, Fitch Ratings says. ... Covenant Review tracks amendment … WebApr 3, 2024 · Fitch Ratings. Nov 2024 - Present1 year 6 months. New York, New York, United States. Senior Director in North American Energy/Natural Resources Group. Led North American Chemicals coverage from ... Web17 hours ago · Fitch Ratings-New York-13 April 2024: Fitch Ratings has assigned ratings and Ratings Outlooks to Golub Capital Partners CLO 66(B), Ltd. Golub Capital Pa ... (WARF) of the indicative portfolio is 24.77, versus a maximum covenant, in accordance with the initial expected matrix point of 26. Issuers rated in the 'B' rating category denote a … phloem goes up or down