The race is on to replace the London Interbank Offered Rate (LIBOR), as just over two years remain before the deadline to institute a new reference rate for $200 trillion in dollar-denominated loans, bonds, and derivatives arrives. However, the processes by which financial institutions are navigating the transition remain largely hidden from view. In.....

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As interest rates continue to plummet, The Bond Buyer’s Mid-Atlantic Municipal Market Conference will feature presentations detailing market changes and what lies ahead. Pension and OPEB stress factors have not diminished. Yet, there are many strengths in the region. This conference will provide options available to your community to borrow money at.....

Powered by the Funds Data platform, Debtwire and its sister product Creditflux, have collaborated to produce Private Credit Perspectives, a new report that sheds light on the biggest trends from H1 2019. Showcasing the uniqueness of the Funds Database, it highlights key news items to have impacted the market, fundraising data and interviews from industry.....

London, United Kingdom, 15 October 2019: Debtwire, the leading provider of expert news, data and analysis on debt markets worldwide, today announced the launch of the new Funds Data platform. With data that goes back to 2009, Funds Data provides users with extensive global coverage of over 400 funds active in the fast-growing direct lending sector.   The.....

Powered by the Funds Data platform, Debtwire and its sister product Creditflux, have collaborated to produce the third edition of European Direct Lending Perspectives. Showcasing the uniqueness of the Funds Database, it highlights key news items to have impacted the market, fundraising data, direct lending league tables and interviews from industry figures.                                      Top.....

  If New Jersey and other pension-pressured states look for federal help during a possible upcoming recession, the Manhattan Institute’s Steven Malanga sees just one option: a special bankruptcy provision like the one created for Puerto Rico.   Were the US Congress to create something akin to the Puerto Rico Oversight, Management, and Economic.....

In the wake of the pulled IPO of The We Company (f/k/a as WeWork Companies, Inc.) the company’s ability to incur debt is of interest. In its S-1/A for the IPO, WeWork contemplated a new bank facility, to be entered into concurrently with the equity offering. That facility would have provided $2B of letters of credit and $4B of delayed draw term loans;.....

3Q 2019 European Leveraged Insights Report highlights key trends in the leveraged loan and high-yield bond markets. Appetite for leveraged loans and high yield bonds remains strong. The appetite for leveraged loans and high yield bonds remains robust. On the bond side, there have been inflows into high yield bond funds, while loans have also.....

3Q19 US Leveraged Insights report highlights key trends in the leveraged loan and high yield bond markets.   Institutional loan issuance down sharply YoY, but new money deal flow holds up better.   Institutional loan issuance climbed to USD 131bn in 3Q19 but the new money portion slipped to USD 71bn. This left institutional loan activity down.....

by Rachel Butt   Bulge bracket banks have laid the groundwork for a borrowing base reckoning in the oil and gas space this November, when most reserve-based loans come up for redetermination, according to two lenders, six buysiders, and two industry bankers. Downbeat commodity price projections published by a handful of the lending giants could.....

Hong Kong, September 26, 2019 - Debtwire, the leading provider of expert news, data and analysis on global leveraged credit, today announced the launch of Indian bankruptcy data on its Restructuring Data platform.   The 2016 launch of India’s new Insolvency and Bankruptcy Code created an unprecedented opportunity - but researching these cases.....

Hong Kong, September 26, 2019 - Debtwire, the leading provider of expert news, data and analysis on global leveraged credit, today announced the launch of Indian bankruptcy data on its Restructuring Data platform.   The 2016 launch of India’s new Insolvency and Bankruptcy Code created an unprecedented opportunity - but researching these cases.....

Across the US, more than 50m students made their way back to school this month, but some of the largest districts in the country will continue to struggle with declining enrollment.   The Los Angeles Unified School District (LAUSD) forecasts that enrollment will continue to decline to 536,202 in 2021-2022, from 621,188 students in the 2012-2013.....