McLaren Lines Up $620mn Bond After Raising $750mn from Investors; Upgraded to CCC+ by S&P
British sports carmaker McLaren is planning to raise $620mn via a new bond issue in a bid to refinance existing bonds and boost its balance sheet....
137 Views
Macro; Rating Changes; New Issues; Talking Heads; Top Gainers & Losers
US markets dropped even as labor markets and earnings signaled a recovery. Initial jobless claims for the week ending July 10 stood at 360k, the...
317 Views
Macro; Rating Changes; New Issues; Talking Heads; Top Gainers & Losers
US Markets ended the week in positive territory with the S&P up 1.1% creating another record and Nasdaq up 1%, just shy of its record high....
133 Views
Macro; Rating Changes; New Issues; Talking Heads, Top Gainers & Losers
US Markets tumbled more than 1% from their record levels on a possible risk off sentiment before staging a small comeback. Weekly jobless claims...
307 Views
Macro; Rating Changes; New Issues; Talking Heads; Top Gainers & Losers
US markets carved another day and week of gains on better than expected June Non-Farm Payroll (NFP) data before closing in for a long weekend to...
147 Views