You Searched For "junk debt" and got 20 results
Sort By:
2 mins read
JPMorgan is removing Russian sovereign and corporate debt from all of its widely-tracked benchmark bond indices
Both Russia and its ally Belarus will be removed from JPMorgan's fixed-income benchmarks effective …
Shalini Nagarajan
2 mins read
Russia staves off default by sending dollar bond payments to creditors, but it now faces a $4.6 billion challenge
Russia must cough up a further $615 million this month before a major $2 billion payment in April, …
Harry Robertson
2 mins read
Russia says the dollars for bond payments are with Citigroup — but investors are left waiting
Russia assured investors it had paid up, in dollars, averting a potentially historic default.
Harry Robertson
2 mins read
Russia's stock market to close for a 3rd week, while the clock ticks down to a key debt payment deadline
Russia is due to pay $117 million on two dollar-denominated bonds Wednesday, and is widely expected…
Shalini Nagarajan
2 mins read
A Russian debt default could spill over into emerging markets including China, according to Yale economist Stephen Roach
According to Yale University fellow, Stephen Roach any potential Russian default would spill over i…
Adam Morgan McCarthy
3 mins read
Adani’s stock rout can impact its ability to raise capital or refinance debt, says Moody’s
The rapid decline in the market capitalization of the Adani Group companies is likely to have an ad…
3 mins read
The West is doing its best to cripple Russia's economy with sanctions, but the Kremlin is still making good on its debt
Russia averted a default again on Thursday when it made $447 million in payments for dollar-denomin…
Huileng Tan
1 min read
Russia is preparing to make payments on a $2 billion dollar-denominated bond due next week after narrowly avoiding default
Russia is also prepping for a payment tied to bonds due in 2042. Moscow made $117 million in bond i…
Carla Mozée
2 mins read
Evraz's foreign bond payment goes through, after bank nerves about Roman Abramovich hold up the cash
Some Russian companies are finding it difficult to make their bond payments due to Western banks' n…
Harry Robertson
2 mins read
Russian steelmaker Evraz says it may default on its debt because of sanctions on oligarch Roman Abramovich
Evraz said that it had tried to make a $19 million payment on a 2023 bond but that Societe Generale…
Harry Robertson
1 min read
Russia may be cut off from the world's lender of last resort as bonds head toward default
G7 nations want to cut off Russia's access to emergency funding from organizations like the Interna…
Phil Rosen
2 mins read
Investment giant Pimco risks losing up to $2.6 billion if Russia defaults on its debt: report
Asset manager Pimco holds $1.5 billion in Russian bonds, and $1.1 billion in CDS after it bet big a…
Hamza Fareed Malik
2 mins read
Michael Saylor's MicroStrategy ramps up junk-bond borrowing to plow $500 million more into bitcoin
MicroStrategy - which holds 92,000 bitcoin already - borrowed $100 million more than expected to sn…
Harry Robertson
7 mins read
What are junk bonds? A risky yet high-yield investment that can bring rewards if you're willing to take the chance
Junk bonds are bonds that are low-ranked by credit rating agencies, due to their issuers' sketchy f…
Simon Chandler
2 mins read
Junk-rated loan funds have seen $8 billion of inflows this year, the most since 2018 as investors reach for yield
The shift in investor positioning comes as interest rates begin to bounce off of historic lows seen…
Matthew Fox
2 mins read
Fitch downgraded WeWork's debt even further into junk with a scathing assessment of its 'precarious' funding trap
"While Fitch is not seeing evidence of this at present, Fitch sees the potential for WeWork's busin…
Yusuf Khan
2 mins read
37,800 student-loan borrowers are getting $3.3 million worth of checks in the mail after a debt relief company 'falsely' promised loan forgiveness but instead 'pocketed customers' payments,' a federal watchdog says
The FTC accused Arete Financial Group, a student loan debt relief operation, of scamming borrowers …
Ayelet Sheffey
3 mins read
Here's how Netflix remains an investment darling despite billions in outstanding debt and a junk rating
The debt pile indicates that Netflix's leverage - the ratio of debt to earnings a company has - is …
Callum Burroughs,Callum Burro…
2 mins read
Coinbase has increased its debt offering to $2 billion after getting flooded with bids
Coinbase has increased the size of its bond sale to $2 billion from the original $1.5 billion, afte…
Camomile Shumba
2 mins read
Ratings agency Fitch says it considers China's Evergrande to be in default, and cuts its creditworthiness even further into 'junk' territory
Fitch Ratings on Thursday cut its rating on embattled Chinese property developer Evergrande and sai…