Asian Bank HY Credit Weekly: It Was Ugly, What May Be Oversold
Coronavirus capitulation is creating value within certain securities. Nouriel Roubini and Scott Minerd are back in fashion and that’s a buy sign....
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Yes Bank, No Bail-In Precedents: Re-Iterate Buy Senior Unsecured
Rating downgrades, clear governance issues, increasingly likely loan losses and underwhelming capital support. This is the making of a train-wreck...
385 Views
SBI Card IPO: Good Company Not Worth a 350% Premium But Will Probably Pop Anyway Despite These Risks
Launched in October 1998 by the State Bank of India and GE Capital, SBI Cards (SBICARDS IN) is the second-largest issuer of credit cards and the...
308 Views
State Bank of India: AT1 Too Tight to Mention, Sell on Valuation
State Bank Of India's (SBIIN) Additional Tier 1 (AT1) bond may be the tightest trading AT1 relative to its senior unsecured debt in the world. ...
324 Views
Last Week in Event SPACE: Caltex, Maeda, Nat'l Storage, BTS Warrants, Central Retail, PCCW, DP World
Last Week in Event SPACE ... EG Group does not provide an overall bid price for the break-up of Caltex Australia (CTX AU), leaving the scrip...
351 Views