Eleanor Duncan

1 week ago | financialpost.com | Abhinav Ramnarayan |Eleanor Duncan |Katie Linsell

Article content(Bloomberg) — After Ocado Group Plc finalizes the sale of its latest bond, the company’s total annual interest bill may be close to £100 million ($134 million) — more than triple what it was paying this time last year. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team.

1 month ago | bnnbloomberg.ca | Abhinav Ramnarayan |Eleanor Duncan

Europe’s key gauges for fear in credit markets show just how nervous investors are getting about what Bank of America Corp. analysts are calling the “the biggest shock to global trade in modern times.”U.S. President Donald Trump’s sweeping tariffs sent indexes that track credit default swaps, a hedge against the risk of default, surging to their highest levels since November 2023.

1 month ago | financialpost.com | Abhinav Ramnarayan |Eleanor Duncan |Giulia Morpurgo |Caleb Mutua

US President Donald Trump’s sweeping tariffs sent indexes that track credit-default swaps surging by the most since March 2023 in both the US and Europe. The CDS contracts are used to hedge against the risk of default. The Markit CDX North American Investment Grade Index, the most active CDS contract in the world, jumped as much as 8.5 basis points to 75.7 basis points, according to prices compiled by Bloomberg.

2 months ago | ca.finance.yahoo.com | Eleanor Duncan |Libby Cherry |Abhinav Ramnarayan

(Bloomberg) -- Fresh from a grueling restructuring, French IT firm Atos SE’s bonds are among the surprise winners in Europe’s junk debt market this year, part of a trend investors are dubbing “the dash for trash.”Three of its notes issued as part of its overhaul have been some of the best performers in European high-yield this year, including two which sit in the lowest bracket of junk ratings.

Jan 17, 2025 | financialpost.com | Eleanor Duncan |Abhinav Ramnarayan |Katharine Hidalgo

Sectors under scrutiny include auto parts, metals, medical supplies and energy infrastructure. But Trump’s unpredictability and taste for drama means no one really knows what to expect from the self-proclaimed “tariff man.” Such is the uncertainty that three people involved in loan-repricing deals in the European leveraged-finance market, who wanted to stay anonymous because they weren’t authorized to speak publicly, said they’d been racing to get them done before Trump takes power on Jan. 20.