Resources

QRTE.A – Base Case iCDS 161bps, Negative Case iCDS 244bps, 2025 4.450% Bond YTW of 7.259%, iYTW of 7.169%, CCC+ Rating from S&P, XO- (equivalent to BB+) Rating from Valens, Low Refinancing Need

June 11, 2024

  • Credit markets are accurately stating QRTE.A’s credit risk with a YTW of 7.259% relative to an Intrinsic YTW of 7.169% and an Intrinsic CDS of 161bps.

© 2024 Valens Research. All rights reserved.  Contact Us | Disclaimer | Terms of Use | Privacy Policy

You don’t have access to the Valens Research Premium Application.

To get access to our best content including the highly regarded Conviction Long List and Market Phase Cycle macro newsletter, please contact our Client Relations Team at 630-841-0683 or email client.relations@valens-research.com.

Please fill out the fields below so that our client relations team can contact you

Or contact our Client Relationship Team at 630-841-0683