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The DESK’s Risk & Return is the single channel for issuers and investors to access data, research, legal advice and credit rating information to support issuance and investment in debt via the primary market.

INSIGHTS & ANALYSIS

Insights & Analysis: UBS: Opportunity to “lock in rates higher” ahead of cuts

Fed governors appear to be leaning into a more dovish approach ahead of expected rate cuts this September, UBS observed in a research note, predicting a total 100 basis point (bps) cut over the...

Origination: Carnival eyes IG market with €1 billion issuance

Carnival Corporation and plc have closed their €1 billion senior unsecured notes private offering. The senior unsecured notes have a coupon of 4.125% and are due in 2031. The global cruise company notes that the...

Investor Demand: IG private credit creates ‘attractive entry points’ for investors

Research by Aviva Investors has broken down the illiquidity premia paid via private debt markets, noting that it is improving for investors, even as corporate borrowers with higher-rated debt begin to tap the market. “While...

Rules and ratings: S&P gives the nod to US administration’s new tariff policy

S&P Global Ratings has affirmed the United States’ credit rating of ‘AA+/A-1+’ with a stable outlook, explicitly linking the decision to the administration’s tariff strategy as an offset to looser fiscal policy. S&P writes: “Amid...

The Book: Equity-linked note issuance on the rise in APAC

Convertible and exchangeable bond issuance in APAC is on track for a record-breaking year, Citi has noted. Convertible bonds allow holders to convert their bond into shares of the issuer. Exchangeable bonds can be exchanged...