Top Insights of the Week: Ending 11/26/21
Top weekly insights from Solve Advisors' Bank Loans, Municipal Bonds and Corporate Bonds market summaries.
Top weekly insights from Solve Advisors' Bank Loans, Municipal Bonds and Corporate Bonds market summaries.
Aeromexico (AERMEX) increased 4.4% from $95.33 to $99.53 last week after receiving a proposal from Apollo creditors to convert some debt into equity. This new exit plan will award Apollo a stake in the struggling airline company.
RYEUNI (RYEUNI) increased 4.1% from $106.07 to $110.45 last week given continued demand for consumer staples in Canada and expected lockdown measures to continue after new Omicron variant.
Puerto Rico Electric Power Authority increased 4.79% from $85.50 to $89.60 as an arrest warrant was issued for LUMA CEO, a pivotal player in the territories power grid privatization process, leading to speculation about the future of electric crisis and the reimplementation of PREPA.
REVLON GROUP INC (REVLON) increased 2.6% from $58.09 to $59.59 last week as global cosmetic markets revenue is expected to grow 6-8% per year over the next decade, fueled by greater spending on luxury products.
SolveQuotes recently added CDS Composite Pricing & KBRA Integration Partnership
Top weekly insights from Solve Advisors' Bank Loans, Municipal Bonds and Corporate Bonds market summaries.
Agrium (AGUCN) increased 6.1% from $126.38 to $134.14 last week given a surge in demand for improved natural fertilizers in Europe due to stringent government policies against chemical fertilizers.
Kaisa Group Holdings (KAISAG) increased 34.7% from $28.87 to $38.87 last week as indications of gradual recovery and normalization across China’s real estate sector comfort bondholders with firm promises of early repayment on debt.
NORTH TX TWY AUTH CA is this week’s winner, up 3.01% from $69.66 to $71.75 following the announcement that the $200 million expansion of the Sam Rayburn Tollway and its intersections is on track to be completed in December.