-
DCM Insider Weekly – 12th May 2026
Record new issuance and close to all time low spreads. Experienced borrowers locking in funds.
-
Investors should manage the risk of more “aggressive” liability management exercises on their portfolios
Fixed income investors should be proactive in protecting themselves. These exercises create opportunities for distressed debt investors.
-
DCM Insider Weekly – 4th May 2026
Market continue to be positive. Issuers and investors may want to use this period to derisk.
-
Position for Defence DCM
Defence DCM – across bonds, private credit, securitisation and leveraged finance – is likely to grow very rapidly.
-
Interesting Electronic Arts Liability Management – Bond Prices Fall
Electronic Arts’ acquiring group announced plans to potentially defease EA’s outstanding bonds – catching some investors by surprise. Bond prices fell rapidly.
-
Creditors Ask Court to Throw Out Optimum Antitrust Case that Could Change the Future of the Private and Public Credit Markets
The precedent set in this transaction will affect the relative power of creditors and issuers in stressed situations.
-
Good News for London DCM as JPMorgan Lifts Banker Bonus Cap to 10x Salary
JPMorgan is increasing its cap on banker bonuses in the UK from 2 times their base salary to 10 times. This dramatically increases the amount that…
-
SBB’s Tender Offer Helps Support Its Bond Prices
SBB (Samhällsbyggnadsbolaget i Norden AB) is a Swedish real estate company that owns public real estate across the Nordic region – including social housing, hospitals and…
-
WeWork Misses Note Payment To Begin Bondholder Negotiation
WeWork has elected to not pay due interest on five notes. This comprises $37.3m in cash and $57.9m in PIK notes. The notes on which interest…
-
What $100 Oil Means For Credit Markets
Brent crude oil prices topped $95 per barrel today – continuing their 30% rally since June. Saudi Arabia and Russia decided to reduce their supply in…
Markets
Bonds
Investment grade and high yield across the Americas, EMEA and APAC. We cover the trades that set benchmarks, what books reveal about real demand, and the structural shifts changing how issuers reach public markets debt investors. We focus on what each deal tells you about the broader market.