Top Insights of the Week: Ending 10/8/21
Top weekly insights from Solve Advisors' Bank Loans, Municipal Bonds and Corporate Bonds market summaries.
High Yield Corporate Bond Market Summary – Week Ending 10/8/21
Grupo Aeromexico (AERMEX) increased 11.6% from $78.65 to $87.75 last week after announcing restructuring plans with new equity and debt financing.
Investment Grade Corporate Bond Market Summary – Week Ending 10/8/21
Coca-Cola (KO) increased 3.7% from $138.09 to $143.17 last week as investors seek to pour into more recession resistant investments with reliable growth given the current economic downturn.
Municipal Bond Market Summary – Week Ending 10/8/21
LONG BEACH CA CCD-H ranked on the Quote Volume list this past week increasing from 6 to 42 quotes as Moody’s assigns a Aa2 rating due to district’s large and diverse assessed value that indicates further favorable growth.
Syndicated Bank Loan Market Summary – Week Ending 10/8/21
PEABODY ENERGY TL B is this week’s winner, up 3.2% from $81.49 to $84.05 due to a recent surge in coal prices and increase in demand among the U.S., China, and Europe.
Top Insights of the Week: Ending 10/1/21
Top weekly insights from Solve Advisors' Bank Loans, Municipal Bonds and Corporate Bonds market summaries.
High Yield Corporate Bond Market Summary – Week Ending 10/1/21
Exela Technologies (EXLINT) increased 5.4% from $74.35 to $78.36 last week after the firm announced plans to deploy over $400 million capital to reduce company debt.
Municipal Bond Market Summary – Week Ending 10/1/21
PR GO RFDG-PUB IMPT- is this week’s winner, up 3.22% from $81.00 to $83.61 after the House of Representatives approved legislation that allows the commonwealth to sell restructuring bonds to cut $19 Billion in debt.
Investment Grade Corporate Bond Market Summary – Week Ending 10/1/21
Telefonica Europe (TELEFO) increased 3.6% from $136.84 to $141.75 last week after announcing its collaboration with IBM to implement its first cloud-native 5G core network platform.
Syndicated Bank Loan Market Summary – September 2021
PEABODY ENERGY TL B is this month’s winner, up 11% from $73.02 to $81.03 as in the past two there has been a high volume of news searches, insiders selling of company shares, and increases in the company’s options and bonds.
