Company updates
We have provided a research update on JEM Southbank's intention to refinance its 2020 notes as soon as possible.
Company updates
A consortium comprising CK Infrastructure, CK Asset Holdings and Power Assets Holdings (CKI Consortium) has tabled a non-binding indicative offer to acquire 100% of the securities in APA Group, Australia's largest gas network owned operator.
Company research
This note looks at how non payment by a company is not the only scenario that rating agencies consider a default
Company updates
Given the recent fall in price, we are changing our recommendation on Eric Insurance's 10% notes due 2026. Our outlook rating remains.
Company research
With two high yield USD bonds available, Virgin is now looking to issue another into the AUD high yield market. Research has initiated coverage on its current USD bonds, recent half year results and company outlook
Company research
We initiate our coverage on Virgin Australia’s 8.5% notes due 2019 and 7.875% notes due 2021.
General
Key takeaway - spotlight on infrastructure sector
Company updates
We have provided a report for Eric Insurance 3Q18 financial results and reiterate our recommendation on its 10% notes due 2026.
Company updates
We have provided an update for Merredin Energy (Merredin) and reiterate our recommendation on its 2022 notes
Company research
We have provided an update on Merredin Energy and reiterate our recommendation and outlook on its 7.50% notes due 2022.