Daily Brief Credit: Morning Views Asia: and more

Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.

• Source Energy Services is a producer, supplier, and distributor of high-quality Northern White Frac Sand primarily in the Western Canadian Sedimentary Basin
• The company offers an end-to-end solution through its Wisconsin sand mine assets, producing 4.8mmtpa of tier 1 Northern White Sand
• Source Energy Services issued 10.5% senior secured notes in December 2020, offering an attractive opportunity at current prices with a low-risk carry of 10.5%

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