January 05, 2023 | Daily Business Review
Credit Suisse Pays Elevated Rate in $3.75 Billion Bond SaleCredit Suisse is in the throes of a huge restructuring that will see it cut thousands of jobs and reshape its investment bank to put an end to a string of huge losses and scandals.
By Olivia Raimonde, Brian Smith and Colin Keatinge
4 minute read
December 05, 2022 | Daily Business Review
Watch Leveraged Loans as Canary in Credit Coal Mine, Traders SayFor most of this year, buying loans seemed like a smart bet, because they carry floating interest rates and pay higher yields as central banks tighten the money supply.
By Olivia Raimonde and Sebastian Boyd
5 minute read
August 08, 2022 | Daily Business Review
Worst Yet to Come for Credit Markets, Investors Say in SurveyWith the Federal Reserve raising interest rates at the fastest pace in decades, nearly three-quarters of U.S. corporate-bond investors responded to a recent survey said that tighter monetary policy is the biggest risk facing the corporate-debt market.
By Tatiana Darie and Olivia Raimonde
5 minute read
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