October 4, 2023, Wednesday
12:00 PM – 1:00 PM CT...
Read MoreFeatured Top Idea
QRVO – Qorvo, Inc.
Action: Buy 2029 4.375% Bonds CUSIP: 74736KAH4 (5.812% YTW, 5.0827% iYTW)...
PBF – Base Case iCDS 74bps,
Negative Case iCDS 103bps, 2028 6.000% Bond YTW of 6.755%, iYTW of 4.935%,
Ba3 Rating from Moody’s, IG4+ (equivalent to Baa1) Rating from Valens,
Low Refinancing Need...
Read MoreFeatured Top Idea
TDG – TransDigm Group Incorporated
Action: Trade: Buy 2027 5.500% Bonds, CUSIP: 893647BL0 (6.275% YTW, 5.485% iYTW)...
MU – Base Case CDS 74bps, Base Case iCDS 40bps,
Negative Case iCDS 52bps, 2028 5.375% Bond YTW of 5.011%, iYTW of 4.461%,
Baa3 Rating from Moody’s, IG4+ (equivalent to Baa1) Rating from Valens,
Low Refinancing Need...
Read MoreFeatured Top Idea
MSCI – Molina Healthcare, Inc.
Action: Buy 2028 4.375% Bonds CUSIP: 60855RAJ9 (5.895% YTW, 4.665% iYTW)
Buy 2030 3.875% Bonds CUSIP: 60855RAK6 (5.722% YTW, 4.662% iYTW)...