Corporate Bonds

Fed's support for corporate debt has been a Wall Street bonanza

07/13/20

The Federal Reserve's extraordinary effort to keep credit flowing to companies during the COVID-19 pandemic is also shunting money to banks' bottom lines.

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Bank of America's $1B virus bond breaks new ground for U.S. banks

05/14/20

Bank of America is set to price today a $1 billion bond issue to fund COVID-19 relief efforts. It's the first sale from a U.S. financial institution that explicitly links all proceeds to tackling the virus, Bloomberg data show.

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Cheat sheet: 8 ways Fed is using emergency powers to counter pandemic

05/04/20

The central bank’s programs announced since mid-April in response to the coronavirus outbreak match if not exceed the actions it took during the 2007-9 financial crisis.

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Fannie, Freddie to buy nonbank mortgages; the varying approaches to PPP

04/23/20

Some say the agencies are exacting too high a price to buy loans from the cash-strapped lenders; some small banks hustled in dealing with the Paycheck Protection Program, others are accused of a hustle.

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Fed announces aggressive actions to boost liquidity amid virus turmoil

03/23/20

The Federal Reserve committed Monday to conducting more asset purchases of Treasury securities and mortgage-backed securities and announced $300 billion in new financing for credit facilities.

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Big-bank capital buffer has advantages in current market: Fed's Brainard

12/07/18

The senior central bank official signaled interest in deploying the countercyclical capital tool for the first time as corporate bond risks build.

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Talk of Glass-Steagall reboot ignores this reality about C&I lending

05/15/17

Restricting banking organizations’ lines of business would hurt their ability to compete in a constantly evolving financial system and to serve as sources of strength.

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The Examiners: Expect Courts to Continue Wading Into Bondholder Battles

10/01/15

How does bondholders’ use of the Trust Indenture Act affect companies’ ability to complete out-of-court restructurings?

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The Examiners: It’s Bad Public Policy to Empower Holdout Bondholders

10/01/15

How does bondholders’ use of the Trust Indenture Act affect companies’ ability to complete out-of-court restructurings?

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The Examiners: Recalibrate the TIA for Today’s Debt Markets

09/30/15

How does bondholders’ use of the Trust Indenture Act affect companies’ ability to complete out-of-court restructurings?

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