Traders are preparing for a spike in borrowing from Persian Gulf nations as the region’s oil exporters seek financing to build costly bypasses around the Strait of Hormuz.
Traders are preparing for a spike in borrowing from Persian Gulf nations as the region’s oil exporters seek financing to build costly bypasses around the Strait of Hormuz.
Emerging-market stocks slumped, with a key gauge sliding into technical correction on mounting concerns the outlook for artificial intelligence no longer justifies the industry’s elevated valuations.
Emerging-market stocks slumped, with a key gauge sliding into technical correction on mounting concerns the outlook for artificial intelligence no longer justifies the industry’s elevated valuations.
UK digital lender Lendable Ltd. is raising £500 million ($671 million) by selling securities backed by a portfolio of personal loans, a deal that would support its ambitions to push further into lending.
UK digital lender Lendable Ltd. is raising £500 million ($671 million) by selling securities backed by a portfolio of personal loans, a deal that would support its ambitions to push further into lending.
GERMANY - 2024/08/18: In this photo illustration, a person is holding a smartphone with the logo of British lending platform company Lendable Ltd. in front of website. (Photo Illustration by Timon Schneider/SOPA Images/LightRocket via Getty Images)
Moves this week from Meta Platforms Inc. and SoftBank Group Corp. are exposing what buyers in the credit market have been saying for a while: beneath the surface, the booming AI world is turning into a tale of two extremes.
Moves this week from Meta Platforms Inc. and SoftBank Group Corp. are exposing what buyers in the credit market have been saying for a while: beneath the surface, the booming AI world is turning into a tale of two extremes.
CoreWeave Inc. signage in Times Square in New York, US, on Friday, May 9, 2025. After a heavily scaled down initial public offering, CoreWeave Inc. is in discussions to raise about $1.5 billion in debt, according to a person with knowledge of the matter.
Hedge fund manager Lee Robinson notched a 900% gain during the global financial crisis by turning a $20 million position into $200 million with timely bets against the US subprime mortgage sector.
Hedge fund manager Lee Robinson notched a 900% gain during the global financial crisis by turning a $20 million position into $200 million with timely bets against the US subprime mortgage sector.
Pedestrians in the Plaza District in New York. Photographer: John Taggart/Bloomberg
Fears of a stagflation shock from the Middle East conflict are increasingly souring investor sentiment toward the weakest global corporate borrowers, many of which binged on cheap debt during the era of ultra-low interest rates.
Fears of a stagflation shock from the Middle East conflict are increasingly souring investor sentiment toward the weakest global corporate borrowers, many of which binged on cheap debt during the era of ultra-low interest rates.
CoreWeave Inc. is to hold calls with European high-yield investors on Tuesday as the AI infrastructure provider considers financing transactions that may include dollar and euro bonds.
CoreWeave Inc. is to hold calls with European high-yield investors on Tuesday as the AI infrastructure provider considers financing transactions that may include dollar and euro bonds.
The CoreWeave website Photographer: Gabby Jones/Bloomberg
Ineos Group started marketing new term loans to raise around $960 million, marking the second time in recent weeks that Jim Ratcliffe’s struggling chemicals conglomerate has tapped debt markets.
Ineos Group started marketing new term loans to raise around $960 million, marking the second time in recent weeks that Jim Ratcliffe’s struggling chemicals conglomerate has tapped debt markets.
Jim Ratcliffe Photographer: Hollie Adams/Bloomberg
Schneider Electric SE is planning to sell €800 million ($930 million) of debt following a powerful rally on the back of its increasing incursion into the business of supporting data centers.
Schneider Electric SE is planning to sell €800 million ($930 million) of debt following a powerful rally on the back of its increasing incursion into the business of supporting data centers.
The Schneider Electric SE booth during the China International Import Expo (CIIE) in Shanghai, China, on Tuesday, Nov. 5, 2024. The event runs through Nov. 10.
Schneider Electric SE is planning to sell €800 million ($930 million) of debt following a powerful rally on the back of its increasing incursion into the business of supporting data centers.
Schneider Electric SE is planning to sell €800 million ($930 million) of debt following a powerful rally on the back of its increasing incursion into the business of supporting data centers.
The Schneider Electric SE booth during the China International Import Expo (CIIE) in Shanghai, China, on Tuesday, Nov. 5, 2024. The event runs through Nov. 10.
Merlin Entertainments Ltd could use some magic. Pressure on family budgets is squeezing the global theme park operator, weighing on its debt as it seeks to refinance junk bonds worth more than $800 million.
Merlin Entertainments Ltd could use some magic. Pressure on family budgets is squeezing the global theme park operator, weighing on its debt as it seeks to refinance junk bonds worth more than $800 million.
The Legoland Shanghai Resort, operated by Merlin Entertainments Ltd.
Borrowers are rushing to Europe’s leveraged loan market at the start of the week to reprice debt, as they seek to capitalize on favorable credit conditions to cut their funding costs.
Borrowers are rushing to Europe’s leveraged loan market at the start of the week to reprice debt, as they seek to capitalize on favorable credit conditions to cut their funding costs.
Signage outside a Burger King fast food restaurant in Madrid.
Junk debt is beating just about everything else in fixed-income markets after surging yields wiped out gains on most other bonds. Yet with high-yield credit spreads near two-decade lows, investor unease is building.
Junk debt is beating just about everything else in fixed-income markets after surging yields wiped out gains on most other bonds. Yet with high-yield credit spreads near two-decade lows, investor unease is building.
The company behind the Orient Express in Italy is planning a €300 million ($349 million) bond sale to refinance debt as it seeks to refurbish some of its assets.
The company behind the Orient Express in Italy is planning a €300 million ($349 million) bond sale to refinance debt as it seeks to refurbish some of its assets.
Private equity firms are once again tapping the European junk debt market to pay themselves dividends as market volatility fueled by the Iran war and AI anxiety limits their ability to cash out.
Private equity firms are once again tapping the European junk debt market to pay themselves dividends as market volatility fueled by the Iran war and AI anxiety limits their ability to cash out.
European banks are being more selective on asset-backed lending, as collapses including Tricolor Holdings and Market Financial Solutions Ltd. have made firms more cautious of the sector.
European banks are being more selective on asset-backed lending, as collapses including Tricolor Holdings and Market Financial Solutions Ltd. have made firms more cautious of the sector.
The offices of Market Financial Solutions Ltd. in London. Photographer: Betty Laura Zapata/Bloomberg
Investors are seizing what may be a fleeting opportunity to negotiate better terms when buying high-yield debt, turning the tables on borrowers for the first time in years.
Investors are seizing what may be a fleeting opportunity to negotiate better terms when buying high-yield debt, turning the tables on borrowers for the first time in years.
Branded cotton laces in a pair of sneakers at a Golden Goose store.
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