The rise of the leveraged brokers

24 April 2024Insurancehigh yield bonds, insurance brokers, M&A, mergers & acquisitionsNick Dunbar

Private equity has come to dominate capital markets by means of debt-fuelled acquisitions. As a case study, we explore junk-rated insurance brokers using the Risky Finance corporate bond tool

The music won’t stop soon in media-telecom merger frenzy

22 June 2018Mergers & acquisitionsmergers & acquisitionsNick Dunbar

The AT&T Time Warner merger, and the battle between Comcast and Disney for Fox will prompt a vast amount of new borrowing. The spillover effects on other borrowers in the media and telecom sectors could be challenging.

On the trail of 2017’s biggest corporate borrowers

19 October 2017ArticlesApple Inc, Blackrock, corporate bonds, exchange-traded funds, interest rates, mergers & acquisitionsNick Dunbar

Stubbornly low bond yields have prompted a flurry of new corporate borrowing this year. A new Risky Finance tool tracks this activity.

Through the eyes of a speculator

15 September 2014Markets, Mergers & acquisitionsM&A, mergers & acquisitionsNick Dunbar

Outside of financial crises, mergers and acquisitions are the closest the stock market comes to high drama. Companies in play engage with investors and the public using a well-rehearsed script: Acquirers woo target shareholders while target companies publicise the value of independence. The biggest, most dramatic takeovers can involve antitrust regulators and politicians as well.…