Showing results for "AllianceBernstein"
markets
EQT to Get One of the Cheapest Loans From Private Lenders for Avetta BuyoutEQT AB is tapping a group of direct lenders for around $1 billion of debt to help finance its acquisition of Avetta LLC at one of the cheapest rates seen in the private credit market, according to people with knowledge of the matter.April 25, 2024
green
Climate Risks Fuel Niche Market in Muni-Bond FundsUS states and municipalities face a daunting challenge — and added costs — girding against weather that’s becoming more extreme. Now a niche market is springing up for investors who are looking to target their dollars toward projects aimed at mitigating those risks.April 16, 2024
markets
Tech Crunch Sees Creditors Turn ‘Violent’ to Get Repaid: Credit WeeklyThe relentless rise of the Magnificent Seven makes it easy to forget that many tech firms are unprofitable and struggling with their debt burdens. Now, creditors in the space are turning against one another in a bid to get repaid.April 13, 2024
markets
US Junk Yields Hit Four-Month HighAllianceBernstein Director of US High Yield Credit, Will Smith, says there is not enough high yield bonds for the amount that investors to want to own. UBS Head of Credit Strategy, Matthew Mish, says we could see a volatility driven selloff, which may be an opportunity to step in. They speak with Sonali Basak on "Real Yield." (Source: Bloomberg)April 12, 2024