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Newly Distressed Loans: Anchor Glass Container Corporation

Posted by David Diggins on Aug 14, 2018 10:20:48 AM

We all know that companies in distress tend to have a harder time meeting their financial obligations, which translates to a higher probability that they will default. A company in this position has pretty straightforward options: either raise enough cash through asset sales, operating improvements, and new financing, or reduce or postpone interest and principal payments on the debt by negotiating with creditors.  

For restructuring or turnaround experts, identifying distressed companies is the first hurdle to deal sourcing and business development. Using the AdvantageData workstation, we’ve compiled a list of distressed loans that you might want to be aware of.

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Topics: Loans, First Lien, market analytics, Distress, Distressed Debt, Restructuring, Second Lien, Loan Default Rate, Default Rate, Fixed Income, download

The BDC Advantage

Posted by Alex Buzby on Jul 24, 2018 12:23:25 PM

Comparing quarterly filings, fund breakdowns and more...

 

After the 2008 financial crisis and the subsequent regulatory changes, Business Development Companies (BDCs) skyrocketed in popularity, filling the funding gap in middle market companies. BDCs are closed-end funds that mostly invest in private, growing companies and, increasingly, larger later stage corporations.  

BDCs are required to file quarterly reports to the SEC under the Investment Company Act of 1940. Aggregating the data from these reports is tedious, time-consuming, and lacks standardization. AdvantageData’s BDC Product gives investment professionals access to aggregated and standardized data (current and historical), allowing users to easily analyze data relevant to their firm's needs.

 

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Topics: Middle Market, BDC Index, Analytics, BDC, AUM, market analytics, business development company, BDC Filings, Fixed Income

Italian Bank Yields Spike Preceding December 4th Vote

Posted by Matt McTague on Nov 30, 2016 9:35:45 AM

Anxiety regarding Italy's constitutional referendum has waned on the country's banks, as investors flee industry debt leading up to Sunday's vote. Bank bonds saw yields climb close to the same levels experienced in Q1 - when markets slumped nearly the entire quarter. 

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Topics: High Yield, corporate bonds, market analytics, Pricing

Record Highs for Black Friday and Cyber Monday This Holiday Season

Posted by Nick Buenaventura on Nov 29, 2016 8:18:01 AM

Black Friday and Cyber Monday traditionally serve as the kick off to the holiday shopping season. This year shoppers flocked to the retailers, online and offline, at record rates with Black Friday sales hitting its highest sales ever of $3.34 billion. Early indicators say that Cyber Monday sales will top out at around $3.36 billion, keeping its edge over Friday's sales record. As retailers gear up for the rest of the holiday season, see this week's retail industry top Gainers and Losers, through ADI's Market Analytics.

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Topics: High Yield, corporate bonds, market analytics, cyber monday, Pricing


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  • 529,400+ U.S. and international corporate bonds
  • Over 6,200+ CDS reference entities
  • Over 22,000+ syndicated loans
  • Over 100 equity markets worldwide
  • One platform 14 asset classes from debt to CDS to loans to mid-market
  • Used by top buy and sell-side firms worldwide

 

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