High Yield Corporate Bond Market Summary – Week Ending 12/3/21

Sinclair’s Diamond Sports Group (DSPORT) increased 18.7% from $21.13 to $25.08 last week given swings to company profits last quarter and continued recovery across the advertising landscape.

High Yield Corporate Bond Market Summary – Week Ending 12/3/212021-12-06T21:35:57+00:00

Investment Grade Corporate Bond Market Summary – Week Ending 12/3/21

Lilly ICOS (LLY) increased 8.5% from $91.80 to $99.59 last week after ascertaining an inventive step in treatment dosage for Cialis, a pharmaceutical product for the treatment of erectile dysfunction.

Investment Grade Corporate Bond Market Summary – Week Ending 12/3/212021-12-06T21:35:34+00:00

Syndicated Bank Loan Market Summary – Week Ending 12/3/21

GLOBAL BUSINESS TRAVEL HOLDINGS LTD (GLBUSI) increased 8.1% from $89.12 to $96.37 following American Express Global Travel and Apollo Strategic Growth Capitals partnership to create the world’s largest publicly traded B2B travel platform.

Syndicated Bank Loan Market Summary – Week Ending 12/3/212022-01-06T18:55:37+00:00

Syndicated Bank Loan Market Summary – November 2021

MITEL NETWORKS 2ND LIEN TL (MITL) increased 40.3% from $63.60 to $89.26 following the announcement early last month of a strategic partnership with RingCentral to provide Mitel’s global customer base with a migration path to RingCentral’s cloud communications platform.

Syndicated Bank Loan Market Summary – November 20212022-01-06T18:55:49+00:00

Municipal Bond Market Summary – Week Ending 12/3/21

Philadelphia (PA) Water and Wastewater Revs ranked on the Quote Volume list this past week, increasing from 33 to 100 quotes after the federal EPA announced Pennsylvania will receive $240 million to improve water infrastructure.

Municipal Bond Market Summary – Week Ending 12/3/212021-12-06T18:58:39+00:00

High Yield Corporate Bond Market Summary – Week Ending 11/26/21

Aeromexico (AERMEX) increased 4.4% from $95.33 to $99.53 last week after receiving a proposal from Apollo creditors to convert some debt into equity. This new exit plan will award Apollo a stake in the struggling airline company.

High Yield Corporate Bond Market Summary – Week Ending 11/26/212021-11-30T18:34:48+00:00

Investment Grade Corporate Bond Market Summary – Week Ending 11/26/21

RYEUNI (RYEUNI) increased 4.1% from $106.07 to $110.45 last week given continued demand for consumer staples in Canada and expected lockdown measures to continue after new Omicron variant.

Investment Grade Corporate Bond Market Summary – Week Ending 11/26/212021-11-30T18:34:44+00:00

Municipal Bond Market Summary – Week Ending 11/26/21

Puerto Rico Electric Power Authority increased 4.79% from $85.50 to $89.60 as an arrest warrant was issued for LUMA CEO, a pivotal player in the territories power grid privatization process, leading to speculation about the future of electric crisis and the reimplementation of PREPA.

Municipal Bond Market Summary – Week Ending 11/26/212021-11-30T18:34:41+00:00

Syndicated Bank Loan Market Summary – Week Ending 11/26/21

REVLON GROUP INC (REVLON) increased 2.6% from $58.09 to $59.59 last week as global cosmetic markets revenue is expected to grow 6-8% per year over the next decade, fueled by greater spending on luxury products.

Syndicated Bank Loan Market Summary – Week Ending 11/26/212022-01-06T18:56:01+00:00