DINO – Base Case iCDS 127bps,
Negative Case iCDS 177bps, 2027 6.375% Bond YTW of 7.024%, iYTW of 5.924%,
Baa3 Rating from Moody’s, IG4+ (equivalent to Baa1) Rating from Valens,
Low Refinancing Need...
Read MoreDINO – Base Case iCDS 127bps,
Negative Case iCDS 177bps, 2027 6.375% Bond YTW of 7.024%, iYTW of 5.924%,
Baa3 Rating from Moody’s, IG4+ (equivalent to Baa1) Rating from Valens,
Low Refinancing Need...
Read MoreSQ – Base Case iCDS 87bps,
Negative Case iCDS 171bps, 2027 0.250% Bond YTW of 7.710%, iYTW of 5.697%,
Ba2 Rating from Moody’s, IG4+ (equivalent to Baa1) Rating from Valens,
Low Refinancing Need...
Read MoreTDG – No CDS, Base Case iCDS 157bps,
Negative Case iCDS 186bps, 2027 7.500% Bond YTW of 7.536%, iYTW of 6.396%,
B1 Rating from Moody’s, XO (equivalent to Baa3) Rating from Valens,
High Refinancing Need...
Read MoreFeatured Top Idea
MU – Micron Technology, Inc.
Action: Buy 2027 4.185% Bonds CUSIP: 595112BP7 (6.378% YTW, 5.138% iYTW)
Buy 2028 5.375% Bonds CUSIP: 595112CA9 (6.442% YTW, 5.202% iYTW)
Buy 2029 5.327% Bonds CUSIP: 595112BN2 (6.436% YTW, 5.196% iYTW)
Buy 2029 6.750% Bonds CUSIP: 595112BV4 (6.591% YTW, 5.351% iYTW)
Buy 2030 4.663% Bonds CUSIP: 595112BV4 (6.647% YTW, 5.407% iYTW)...
Featured Top Idea
AMKR – Amkor Technology
Action: Buy 2027 6.625% Bonds CUSIP: 031652BK5 (6.926% YTW, 5.896% iYTW)...
Featured Top Idea
TEX – Terex Corporation
Action: Buy 2029 5.000% Bonds CUSIP: 880779BA0 (7.596% YTW, 6.386% iYTW)...
While typical financial statements like the balance sheet, income statement, and statement of cash flows provide information about performance that has already happened, many companies take performance monitoring a step further by creating “pro forma” financials.
Leveraging historical data and applying assumptions, pro forma financials provide insight into the future outlook for the business, and also how a business might have looked in the past if “things had been different.”...
Read MoreBA – Base Case CDS 103bps, Base Case iCDS 16bps
Negative Case iCDS 27bps, 2028 3.250% Bond YTW of 6.173%, iYTW of 4.955%
Baa2 Rating from Moody’s, IG4 (equivalent to Baa2) Rating from Valens
Low Refinancing Need...
Read MoreMU – Base Case CDS 164bps, Base Case iCDS 41bps
Negative Case iCDS 65bps, 2028 5.375% Bond YTW of 6.3442%, iYTW of 5.202%
Baa3 Rating from Moody’s, IG4+ (equivalent to Baa1) Rating from Valens
Low Refinancing Need...
Read More