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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https://www.ft.com/content/5a310aee-f555-4266-874c-b1b4db20186d?syn-25a6b1a6=1
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.
https://www.ft.com/content/b31aaac7-69c1-40da-9c2f-d4f025104d24?syn-25a6b1a6=1
Junk bond yields surpassed 15%, the highest since 2022. These 10 stocks with bonds in XCCC carry $97 billion of debt as higher rates bite.