Company factsheets
In case you missed it, here is a list of recently updated and new Factsheets
Company updates
This week, Moody’s downgrades Dean Foods, changes Virgin outlook, and upgrades Pepper RMBS tranches. IMF plans class action against AMP, Macquarie plans to issue a new hybrid, and Sprint Corp announces consent solicitation to buy back notes. Eric Insurance 3Q18 financial results. US issuers Avon, Frontier and Noble 1Q18 earnings
Company updates
This week, credit rating agencies review Emeco and Rackspace, update on IPG call and change of control provisions, 3Q17 results from Frontier Communications, Genworth US and Transocean, Rackspace lender presentation and FY17 results from NAB and Westpac
Sales commentary
In recent years, Frontier has battled with the integration of the broadband fibre optic assets acquired from Verizon. In the face of declining legacy fixed phone line revenues, the company’s acquisition of these Fibre To The Home (FTTH) assets drastically improved the company’s future value proposition.
Company factsheets
Frontier Communications July 2021 and September 2021 senior unsecured notes Factsheets
Company factsheets
Frontier Communications USD 8.50% 1-April-26 2nd Lien Notes Factsheet
Company updates
Results across the board this week from two major Australian banks ANZ and CBA, US companies CenturyLink and Frontier and Genworth Financial Inc and domestic corporate issuers Genworth Australia, Impact Group and Praeco
Company updates
Frontier has provided its 1Q17 results, noting a dividend cut and proposed debt repayment
Trade opportunities
The US is in the middle of its reporting season. We summarise the results, but please note that most US companies are not covered by full research
Trade opportunities
Investors in retirement need an income. There is a lack of supply in Australian dollar denominated high yield bonds, but greater liquidity in the US means we have access to a number of bonds