Junk Bonds

Adani Green's dollar bonds plunge past junk levels as group fights crisis

Steep rise in yields raises questions about group's ability to raise fresh debt abroad

S&P cuts Credit Suisse's rating to one level above junk bond status

S&P cut its rating one notch to BBB- and reduced its view on main operating unit Credit Suisse AG

Junk bond investors stung by China look to India and Southeast Asia

Asian junk bond investors are increasingly looking to smaller pockets of the market as a debt crisis among the biggest issuers, Chinese property developers, forces old playbooks to be rewritten

Distress signals: US junk bond spreads top 500 bps, a first since 2020

Junk spreads have surged 100 basis points the past two weeks as the Federal Reserve's efforts to tame inflation fuel concerns that the central bank will push the economy into a recession

AMC taps junk-bond market for $500 mn to refinance high-cost pandemic debt

Citigroup Inc. led the sale of the notes, which are due in 2029 and will be used to help refinance some of the expensive debt AMC acquired to get through pandemic-era shutdowns.

Vedanta's bond offer serves test of investor appetite for Indian junk debt

The proceeds of the offering will be used to partially fund the privatisation

Uber offers $750-mn junk bonds to help finance acquisition of Careem

It's only the second bond sale in Uber's 10-year history

Junk bonds issuance not yet worrisome

If there is a spike in such issuances, it may add to systemic risk in case issuer ends up defaulting