Tasos Vossos

2 weeks ago | news.bloomberglaw.com | Tasos Vossos |Marton Eder |Libby Cherry

CPI Property Group SA is borrowing through a new type of hybrid debt as it tries to shed its junk ratings. The landlord, owned by Czech billionaire Radovan Vitek, will offer the debt to holders of $755 million worth of existing euro and Singapore dollar-denominated hybrids, it announced on Thursday, in an effort to boost its standing with ratings firms.

2 weeks ago | news.bloombergtax.com | Tasos Vossos

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2 weeks ago | news.bloomberglaw.com | Tasos Vossos

Credit investors are eschewing bold bets, with a lack of conviction over the fallout from recent trade ructions dragging volatility toward an all-time low. A gauge of price fluctuations in credit-default swaps that references North American companies tumbled by almost three-quarters last week to approach its lowest level on record. A similar gauge for European high-grade firms fell to its lowest since mid-2021 and spread moves in corporate bond indexes are quickly calming.

2 weeks ago | bloomberg.com | Tasos Vossos

(Bloomberg) -- Credit investors are eschewing bold bets, with a lack of conviction over the fallout from recent trade ructions dragging volatility toward an all-time low. A gauge of price fluctuations in credit-default swaps that references North American companies tumbled by almost three-quarters last week to approach its lowest level on record. A similar gauge for European high-grade firms fell to its lowest since mid-2021 and spread moves in corporate bond indexes are quickly calming.

3 weeks ago | news.bloomberglaw.com | Tasos Vossos |Abhinav Ramnarayan |Olga Voitova

Saudi Arabia’s banks are rushing to issue risky debt as the kingdom grapples with the mammoth spending demands of building a futuristic new city and hosting global sporting events. Lenders including and have sold more than $5.6 billion in Additional Tier 1 bonds so far this year — already reaching an annual record for the country — as lenders look to free up capital for so-called gigaprojects.