MOH – Base Case CDS 195bps, Base Case iCDS 91bps,
Negative Case iCDS 151bps, 2028 4.375% Bond YTW of 6.138%, iYTW of 4.428%,
Ba3 Rating from Moody’s, IG3+ (equivalent to A1) Rating from Valens,
Low Refinancing Need...
Read MoreMOH – Base Case CDS 195bps, Base Case iCDS 91bps,
Negative Case iCDS 151bps, 2028 4.375% Bond YTW of 6.138%, iYTW of 4.428%,
Ba3 Rating from Moody’s, IG3+ (equivalent to A1) Rating from Valens,
Low Refinancing Need...
Read MoreFeatured Top Idea
FLR – Fluor Corporation
Action: Buy 2028 4.250% Bonds CUSIP: 343412AF9 (6.596% YTW, 4.931% iYTW)...
FLR – Traded CDS 186bps, Base Case iCDS 156bps,
Negative Case iCDS 210bps, 2028 4.250% Bond YTW of 6.436%, iYTW of 5.204%,
Ba1 Rating from Moody’s, IG4+ (equivalent to Baa1) Rating from Valens,
Low Refinancing Need...
Read MoreFeatured Top Idea
MTCH – Match Group, Inc.
Action: Buy 2027 5.000% Bonds CUSIP: 57665RAG1 (7.096% YTW, 5.936% iYTW)
Buy 2028 4.625% Bonds CUSIP: 57665RAN6 (7.417% YTW, 5.687% iYTW)
Buy 2029 5.625% Bonds CUSIP: 57665RAJ5 (7.274% YTW, 5.814% iYTW)...