Olivia Raimonde

Auto dealer floorplan receivables will secure about $382.17 million in asset-backed securities, its first securitization for 2024, and sixteenth term transaction overall from the NextGear Floorplan Master Owner Trust, 2024-1.

UK defense company BAE Systems Plc is sounding out investors for a corporate bond sale that could top $4 billion to help refinance a bridge loan it used to acquire Ball Aerospace, according to people familiar with the matter.

Junk-rated US companies have seen their interest costs rise after the Federal Reserve's rate-hike campaign, but profits haven't kept up, putting a squeeze on finances and underscoring a key risk for investors in high-yield debt as the

Japanese technology firm Rakuten Group Inc. is returning to the high-yield bond market with a $1.25 billion offering after a strong rally in debt it sold earlier this year.

KKR & Co. is urging investors sitting on the sidelines to stop obsessing over finding the perfect entry point and jump into the debt market as this year heralds a “golden age for credit allocation.”

KKR & Co. is urging investors sitting on the sidelines to stop obsessing over finding the perfect entry point and jump into the debt market as this year heralds a “golden age for credit allocation.”

Moody's Ratings downgraded Boeing's credit rating to Baa3 from Baa2, according to a statement Wednesday. The rating outlook is negative.

Moody's Ratings downgraded Boeing's credit rating to Baa3 from Baa2, according to a statement Wednesday. The rating outlook is negative.

Credit traders took some comfort in Federal Reserve Chair Jerome Powell 's assurances that the central bank isn't planning to lift interest rates further, sending a gauge for fear of corporate defaults to lower levels.