Edition:
United States

Will Caiger-Smith

Tesla bond generates interest from alternate market

Aug 10 2017

NEW YORK (IFR) - Electric-car pioneer Tesla is expected to price its debut unsecured junk bond on Friday, testing fixed-income investors' appetite for a company that has yet to generate any real cash flow.

Morgan Stanley treasurer moving to Fannie Mae

Apr 20 2017

NEW YORK (IFR) - Morgan Stanley's global treasurer Celeste Brown is leaving the bank to move to Fannie Mae.

Glencore bond tanks and scuppers Anglo's return

Mar 24 2017

NEW YORK, March 24 - Anglo-Swiss miner Glencore sold its first US dollar bond in two years on Tuesday, but the deal tumbled after pricing as a global sell-off added to a backlash against the deal's tight spread.

Viacom sweetens tax-related terms on new bond sale

Feb 23 2017

NEW YORK (IFR) - Investors piled into a hybrid bond offering from US media giant Viacom on Thursday, but the issuer had to sweeten some of the terms to reflect the risk of sweeping US tax reforms.

Women's panel at structured finance conference to be mostly men

Feb 15 2017

NEW YORK (IFR) - The organizers of the structured finance industry's largest annual conference are adopting a new strategy for tackling the issue of women's advancement - by getting men to talk about it.

Bond investor resistance movement may not last

Feb 13 2017

By Shankar Ramakrishnan, Will Caiger-Smith and Natalie Harrison

Investors cheer long bonds from tech giants

Feb 03 2017

NEW YORK, Feb 3 (IFR) - Apple, AT&T and Microsoft flooded the US investment-grade bond market with $37 billion of debt this week and seized on a strong bid for long paper by issuing bonds with maturities out to 40 years.

Verizon bondholders want more in debt exchange after M&A rumors

Jan 27 2017

NEW YORK, Jan 27 (IFR) - Holders of Verizon Communications debt are pushing the company to amend terms on an exchange offer for nearly US$30bn of debt following reports that it could buy cable operator Charter Communications.

Bank debt investors unfazed by acceleration covenant removal

Jan 27 2017

NEW YORK, Jan 27 (IFR) - Investors have piled into new bank senior bonds this year, shrugging off the removal of certain covenants that in the past have allowed them to demand accelerated repayment.

Investors fight back on aggressive covenant terms

Jan 13 2017

NEW YORK, Jan 13 (IFR) - Investors dug in their heels this week on three investment-grade bond deals that tried to include more issuer-friendly terms, signaling that - for now at least - enough is enough.

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