Company updates
We have provided a research update on Newcastle Coal Infrastructure Group's (NCIG) junior debt.
Company research
We provide a 2017 research report for NCIG Holdings Pty Ltd (NCIGH), available to wholesale clients
Company updates
Company updates galore as BlueScope, Emeco and Sunland reported for the second quarter, we add Enviva and Talen Energy Supply to our USD DirectBonds list, Navient is downgraded by S&P, NCIG is placed on CreditWatch and Tesco announced they agreed to merge with Booker Group plc
Company updates
Newcastle Coal Infrastructure Group (NCIG) has issued notices to all its shippers, giving them an option to provide a letter of credit or cash to for a USD85m reserve. As a result, S&P placed NCIG’s BBB- rating for the senior secured debt – and B rating for the junior debt – on CreditWatch with positive implications
Week in review
All eyes on the US election with latest polls predicting a Clinton win, a Democrat senate and a Republican House of Representatives
Week in review
UK data surprised on the upside and US Fed officials jawbone on rate rises
Week in review
Malcolm Turnbull expected to announce his cabinet today, Theresa May sworn in as the UK’s PM and investors take profits with better selling volumes in Qantas and Virgin lines
Company updates
Air New Zealand announced the partial sale of its Virgin shareholding, CBL’s credit rating is upgraded, Moneytech seek to change their corporate structure and Moody’s downgrades Newcastle Coal
Company updates
NCIG’s credit ratings have been downgraded by Moody’s
Week in review
The prospect of two further rate cuts puts more pressure on the Australian dollar, while evidence builds for a rate rise in the US