08/01/24
Macau casino operator SJM Holdings Ltd’s “deleveraging trajectory” shows a pace “slower than those of its peers” in the Macau market, suggests Singapo...
21/12/23
“I think this is an idiosyncratic case,” said Leonard Law, senior credit analyst with Lucror Analytics Pte. “The outcome shows that bondholders are ke...
20/12/23
“The potential acquisition of Novonor’s stake by Adnoc is shaping up to be the most important catalyst for the bonds to rebound,” Botelho says...
11/12/23
“We see mounting risks of Braskem having to increase financial compensation for the Alagoas event,” Lucror Analytics’ Filipe Botelho wrote in a note M...
06/12/23
“None of the potential outcomes seem positive for the company in the near-term,” said Filipe Botelho, a senior credit analyst at Lucror Analytics. For...
27/11/23
Chinese banks providing unsecured loans to qualified developers “would be a risky move,” according to JPMorgan analysts...
22/11/23
“The white list itself is unlikely to lead to concrete improvements in developers’ financing unless there are more tangible actions,” said Leonard Law...
21/11/23
Separately, Singapore-based Lucror Analytics said in its own memo that Melco Resorts “has a strong liquidity profile, with a robust cash position,” an...
14/11/23
China Vanke Co.’s recent scramble encapsulates Chinese property debt investors’ fickle sentiment as they try to decode hazy government reassurances am...
13/11/23
Bannister should be able to pull off a refinancing deal with banks, said Lucror Analytics credit analyst Sebastian Hofmeister, adding that operating p...
08/11/23
Dollar bonds for two Chinese investment-grade developers continued to rally Wednesday after the country’s central bank and regulators discussed with s...
“The show of support from local authorities for Vanke is stronger than anticipated,” said Leonard Law, senior credit analyst with Lucror Analytics Pte...
23/10/23
“It would be helpful to market participants that the company officially announces its default and communicates its future plans,” said Leonard Law, se...