Reported Earlier, 'Anthropic secured highest junk credit rating in June' - FT Exclusive
https://www.ft.com/content/5a310aee-f555-4266-874c-b1b4db20186d?syn-25a6b1a6=1
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The 10-year Treasury yield hit a 19-month high and crude jumped above $88 as traders lifted Fed rate-hike odds to 68%, cracking high-multiple software stocks.
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https://corporate.easyjet.com/investors/offer-from-apollo/
ATLAS SP Partners, majority owned by Apollo funds, announced the pricing of $750 million in 6.250% fixed-to-floating rate senior notes due 2032 through its subsidiary Atlas Warehouse Lending Company. The notes will convert to a floating rate based on SOFR plus 2.534% spread after November 2031. Proceeds will fund assets, pay fees, and support general corporate purposes including potential debt repayment. The offering is expected to close on October 21, 2026.
UBS analyst Michael Brown maintains Apollo Global Management (NYSE:APO) with a Buy and lowers the price target from $172 to $163.
Chip stocks sold off after a 5% KOSPI plunge, with Micron and Applied Materials sinking, while J&J fell despite a guidance raise.