LONDON, March 31- Emerging market borrowers raised just over $100 billion worth of debt in the first quarter of 2014, slightly below year-ago levels as geopolitical noise and uncertainty over U.S. The shortfall was most pronounced in company debt, with issuance running at $67.5 billion, compared to just over $100 billion in the first three months of 2013..» Read More
Emerging markets have convulsed amid concerns about government balance sheets, but investors may want to worry more about corporate ones instead.
Rick McVey, CEO of MarketAxess, says bond issuance is on the rise as companies take advantage of low interest rates and investors increase their exposure to fixed income.
Fed stimulus made Wall Street happy but now what? Here comes a bigger correction, says Murray T. Holland of investment bank MHT MidSpan.
Feb 3- Nutrition and weight loss company Herbalife Ltd on Monday estimated fourth-quarter profit above analysts' expectations and announced a $1 billion debt offering. The company estimated adjusted earnings of $1.26- $1.30 per share for the quarter ended Dec. 31. Herbalife also said it would offer $1 billion in convertible senior notes due 2019..
DAVOS, Switzerland, Jan 23- Bank of America Corp is looking to win more advisory and stock underwriting business to offset an expected slowdown in the issuance of corporate bonds, a top executive said in an interview on Thursday.
NEW YORK, Jan 23- U.S. Treasuries prices rose on Thursday as losses on Wall Street and data suggesting a slowing in Chinese manufacturing revived safe haven bids for bonds. "We started the day in positive territory on the Chinese data, which was a bit concerning," said Larry Milstein, head of government and agency trading at R.W. Pressprich& Co. in New York.
Daimler AG will become the first foreign, non-financial company to issue bonds in China's domestic market, sources said.
Jan 16- Citigroup Inc posted weaker-than-expected quarterly results on Thursday, as lackluster bond-trading results weighed on overall revenue. The bond trading results lagged rivals' including Bank of America Corp and JPMorgan Chase& Co..
In a hint that the relentless sell-off that sucked $62.6 billion out of municipal bond funds in 2013 is winding down, data from Lipper on Thursday showed net outflows slowed to just $18.99 million in the week ended Jan. 8. Moreover, the funds may soon see a few weeks of net inflows, said Tom Roseen, head of research services for Lipper, a Thomson Reuters company.
Jeff Peskind, Phoenix Investment Adviser, says if you need income, junk bonds have the lowest interest rate sensitivity of any bond class.
NEW YORK, Jan 2- U.S. "There is a meaningful bearish sentiment in bonds right now, but we might see relief in the next few days," said Robbert Van Batenburg, director of market strategy at Newedge USA LLC in New York.
Kevin Giddis, Raymond James, shares his play on the fixed income space and provides an outlook on where rates are likely headed from here. We are looking for a slight move upward on the long end, says Giddis. Also former Deputy Treasury Secretary Neal Wolin weighs in on how Fed policy will likely impact rates.
Tony Crescenzi, PIMCO, shares his outlook on fixed income, as the yield on 10-year Treasurys continue to climb.
RIO DE JANEIRO, Dec 24- Brazilian tycoon Eike Batista's Oleo e Gas Participacoes SA, formerly known as OGX, said on Tuesday it reached a deal with the majority of holders of bonds worth $3.8 billion, a breakthrough that could open the door for a successful restructuring of the bankrupt oil company.
RIO DE JANEIRO, Dec 24- Brazilian tycoon Eike Batista's 0 leo E Gas Participacoes SA, formerly known as OGX, has reached a deal with the majority of holders of bonds totaling $3.8 billion, the company said in a statement late on Tuesday.
United States Trustee Daniel McDermott named five creditors to the committee: Detroit's two pension funds, which are its largest unsecured creditors, bond insurer Financial Guaranty Insurance Company, contract administrator Wilmington Trust Company and an individual creditor, Jessie Payne.
NEW YORK, Dec 19- When shareholder activist Carl Icahn turned up the heat on Apple in October, demanding a massive $150 billion share buyback, bond investor Bill Gross wasn't having any of it.
Chris Pucillo, President & Chief Investment Officer of Solus, discusses his bullish plays on post-reorganized companies and why there is risk associated with the high yield market right now.
*Market pricing in less than 15 pct risk of senior bail-in. *Contagion effects hugely underestimated- analysts. LONDON, Dec 12- European Union plans to force bond investors take their share of losses in failing banks by 2016 could risk undermining appetite for bank debt and make it more difficult for weaker lenders to fund themselves, credit market experts said.
LONDON, Dec 5- Dollar bonds issued by Ukrainian companies back in the easy-money times are taking a hit on doubts over the country's solvency and fears that a currency devaluation or capital curbs might propel firms into default.