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Muddled Macros - September 2022 | Issue No. 193 - The Times They Are A-Changin' | Cadwalader, Wickersham & Taft LLP - Vimarsana News

Muddled Macros - September 2022 | Issue No. 193 - The Times They Are A-Changin' | Cadwalader, Wickersham & Taft LLP

Fed decision week delivered the next 75 bps ratchet up in short-term rates to 3.25% at the top end of the target range, but also an upwards revision in the dot plot to now show a median...

A $15 billion risky debt deal heralds day of reckoning for Wall Street - Vimarsana News

A $15 billion risky debt deal heralds day of reckoning for Wall Street

On paper, the deal was a no-brainer: a $15 billion debt financing that would net banks hefty fees and kick off a year of mega-acquisitions even as central banks tightened the spigots on their pandemic support. Yet eight months after agreeing to finance the leveraged buyout of Citrix Systems, Wall Street is now staring at a very different picture.

PG&E and EQT Set to Join S&P 500; ExlService to Join S&P MidCap 400; Others to Join S&P SmallCap 600 - Vimarsana News

PG&E and EQT Set to Join S&P 500; ExlService to Join S&P MidCap 400; Others to Join S&P SmallCap 600

/PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: PG&E Corp. (NYSE: PCG) will replace...

Why we should worry about the deepening cracks in credit markets - Vimarsana News

Why we should worry about the deepening cracks in credit markets

Top investment banks have been burnt by the souring credit market, but even those who invest in supposedly safe ‘investment grade’ corporate bond funds are at higher risk.

Source: afr.com
Citrix debt deal prices with large losses for banks - Vimarsana News

Citrix debt deal prices with large losses for banks

Sale of cloud-computing company’s debt has been closely watched by private-equity investors