Investment Grade Corporate Bond Market Summary – Week Ending 10/9/20
PETBRA dominated the top 10 Most Quoted Investment Grade Corporate Bonds last week as the company tenders various USD and EUR offerings.
PETBRA dominated the top 10 Most Quoted Investment Grade Corporate Bonds last week as the company tenders various USD and EUR offerings.
HORNBLOWER TL was ranked the top Bank Loan 'loser' ($70.66) after moving its Niagara assets to a bankruptcy-remote entity in an effort to obtain much-needed financing.
UBER 7.5 11/1/2023 144A was ranked as one of the Most Quoted High Yield Corp Bonds, being quoted by over 32 dealers.
Construction and Building was the top IG Corp Bond industry 'winner' over the past week (1.05%) with a -28 bps change in yield compared to the week prior (1.34%).
The average loan price of Non-Durable Consumer Goods rebounded 39bps last week to 88.94.
HOTELBEDS EUR TL C was ranked as one of the top monthly Bank Loan Quote Volume Movers with a 1550% increase in September (66 quotes) compared to August (4 quotes).
Market Sentiment was decisively negative over the past week with decliners outpacing advancers by 4 to 1.