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Bond Barrage Leaves Buyers Wanting More; India Risk

Bond Barrage Leaves Buyers Wanting More; India Risk

FromThe Credit Edge by Bloomberg Intelligence


Bond Barrage Leaves Buyers Wanting More; India Risk

FromThe Credit Edge by Bloomberg Intelligence

ratings:
Length:
28 minutes
Released:
Sep 14, 2023
Format:
Podcast episode

Description

Companies hitting the bond market at record pace left investors hungry for more, according to Bloomberg News’ Caleb Mutua. The deluge will be short-lived as borrowers retreat, waiting for interest rates to come back down, Mutua says. In this episode of the Credit Edge Podcast, Bloomberg News senior editor James Crombie also asks Bloomberg Intelligence analyst Mary Ellen Olson about what’s next for Vedanta Resources Ltd., the junk-rated Indian mining company with a pile of debt coming due. Extending bond maturities would buy the company time to sell assets and generate much-needed cash, Olson says. See omnystudio.com/listener for privacy information.
Released:
Sep 14, 2023
Format:
Podcast episode

Titles in the series (68)

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.