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Soundbites: Leftover GUMBO, a New Vermont Comedy Festival and New Video From Francesca Blanchard - Vimarsana News

Soundbites: Leftover GUMBO, a New Vermont Comedy Festival and New Video From Francesca Blanchard

Hey, it's a big week for the local music scene in this issue! Hopefully, you've already perused my story about Fattie B and his frankly...

US high-yield supply surges as corporates grab refinancing opportunity - Vimarsana News

US high-yield supply surges as corporates grab refinancing opportunity

Elevated US Treasury yields have emboldened high-yield corporate borrowers to take advantage of cheap borrowing costs to refinance their debt, spurring analysts to hike their issuance forecasts and put the market on track for what could be another record year of supply. It has been another active week in the high-yield primary with issuers pricing US$10.625bn across the first three days of the week. Refinancing has dominated the use of proceeds – US$7.95bn of the new debt raised through Wednesday will be used at least in part to refinance existing debt, according to IFR data. With one eye o...

Source: ifre.com