First-Ever Muni Tobacco Bond Default Hits as U.S. Smoking Rates Plunge
A historic first default on municipal tobacco bonds, caused by declining smoking rates, rattles the niche muni sector and signals credit risks…
A historic first default on municipal tobacco bonds, caused by declining smoking rates, rattles the niche muni sector and signals credit risks…
Merlin Entertainments’ junk bonds tumbled after the Legoland owner faced intensifying refinancing pressure, triggering a selloff in high-yield credit as markets reassessed…
Ethiopian bondholders have initiated a lawsuit against the government's debt restructuring plan, raising the specter of prolonged litigation and heightened default risk…
Johannesburg's looming bankruptcy, as Africa's financial hub runs out of cash, rattles South African markets, pummels the rand, and lifts municipal bond…
Deutsche Pfandbriefbank stock outlook improves as the German property lender slashes bad US loans by a third to €600 million, signaling lower…
Goldman Sachs’ private credit fund sees an uptick in non-performing loans, signaling potential stress in the $1.7 trillion private credit market and…
Aareal Bank's headline signals a reduction in bad loans and a European strategic pivot, though article content is missing.