Puerto Rico credit risks largely isolated Puerto Rico’s unsustainable debt problems have intensified this week, but the wider municipal bond market has so far remained resilient. Puerto Rico’s 2035 general obligation bond has seen its price drop from 77 on Friday June 26th to 66.2 on June 30th… Login to Read More...
Not surprisingly, investors’ views of where interest rates will go track investing decisions on floating rate instruments. Source: Wells Fargo, Desktop Q3 2015 CLO Outlook.
A banker friend vacationing in Greece this week reports asking a fifty-something customer in an Athens coffee shop what he did for a living. The man responds he’s been unemployed for the last four years. “The Greeks invented everything,” he said, “and now I’m taking a rest.” Certainly seems like déjà EU all over again:…
This week we chat with Scott Kupor, managing partner and COO, Andreessen Horowitz. Andreessen Horowitz is a $4 billion venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. The Lead Left: Scott, thanks for taking the time to speak with us. How did the…
Multiples are having an impact, and that’s a good thing Global private equity activity was down in H1, by several metrics. Compared to H1 2014, deal flow declined 16% by count and 21% by total value, to 2,728 deals worth $404.7 billion. Last year’s numbers were 3,265 deals worth a combined $514.7 billion…. Login to Read
The institutional pipeline has ballooned in recent weeks on the back of several sizeable M&A deals. Last week, the calendar reached almost $80 billion, which is the highest level since February 2013. The driver of the jump is mostly two jumbo sized M&A deals for Charter… Login to Read More...
Contact: Cuong Huynh cuong.huynh@spcapitaliq.com
It has been said that Greece’s influence within the eurozone seems to outweigh its relatively diminutive size. After all, its GDP is less than 2% of the total in the currency bloc (2014, current prices). But it is not just in politics that Greece punches above its weight. The performance of the credit markets… Login to