CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CREDIT UPDATE: Harbour Energy (HBRLN:Baa2/BBB-/BBB-): $ needs to reprice

CREDIT UPDATE
BulletCredit Bullets
  • Positive: HBRLN 5.5 26 in $ still has room to perform
  • HBRLN 5.5 26 $500m deal came in Oct 2021.
  • Taking a conservative indicative offer of Par this equates to EUR ASW +182
  • WNTRDE 0.84 25 z+72
  • WNTRDE 1.332 28 z+114
  • Harbour Energy bought Wintershall. WNTRDE bonds will now migrate to HRBLN.
  • Harbour's credit rating was revised to Investment Grade by all 3 agencies last week.
  • The bonds have not fully reflected the credit change. If you can find them.
73 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Positive: HBRLN 5.5 26 in $ still has room to perform
  • HBRLN 5.5 26 $500m deal came in Oct 2021.
  • Taking a conservative indicative offer of Par this equates to EUR ASW +182
  • WNTRDE 0.84 25 z+72
  • WNTRDE 1.332 28 z+114
  • Harbour Energy bought Wintershall. WNTRDE bonds will now migrate to HRBLN.
  • Harbour's credit rating was revised to Investment Grade by all 3 agencies last week.
  • The bonds have not fully reflected the credit change. If you can find them.