Hints and tips:
...The growing cost of servicing its debt is weighing on the company....
...Further reading: The Restructuring Process — Buchheit et al. (2019)Government bonds since Waterloo — Meyer et al. (2021)The aftermath of sovereign debt crises: a narrative approach — Esteves et al. (2021...
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...From the latest BIS quarterly review, in particular its bit on dollar credit to EMs (our emphasis): [Fed largesse]… drove a surge in issuance by both long-standing issuers and new ones (Mizen et al (2012...
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...No surprise to see GMO et al flag up “impact on third parties” from the start....
...Azevedo et al called it something different — “in the nature of a bribe”....
...This comes after calls for the ECB to develop its own sovereign rating agency to rival Moody’s et al. — and before the Bank upgrades its collateral ratings requirement to A- next year....
...You can see why FDIC, the Fed, et al are so concerned about commercial real estate (CRE), having issued their guidance on “prudent” CRE loan workouts late last week....
...The case, Gallus et al. v....
...Freddie Mac and Fannie Mae (on behalf of) suing in NYC and DC: Bassman v. Syron, et. al (FRE) Agnes v....
...Back to cov-lite loans – though we really need Goldman et al here to answer some of these questions. There is, claims one of the panel, some confusion about cov-lites....
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