Melco International Development: Liquidity Vs. Rising DebtWe initiate our coverage on Melco International Development Ltd (200 HK) (Melco) and its consolidated subsidiaries with an UNDERWEIGHT re...
Bharti Airtel: Retroactive Outlook RevisionMoody’s and S&P reaffirmed the issuer rating and senior unsecured debt ratings of Bharti Airtel Ltd (BHARTI IN) at Baa3/BBB- but revised ...
Vedanta Resources: 9-Month Results on TrackVedanta Resources PLC (VED LN) (Vedanta) 9M FY18 results, ended last December, were within our expectation. Zinc and oil businesses contr...
Bharti Airtel: One of the Final FoursWe initiate our coverage on Bharti Airtel Ltd (BHARTI IN) (Bharti) with an OVERWEIGHT recommendation on the BHARTI complex which reflects...
Noble Group 'not out of the woods' yet: Analysthttps://ql.mediasilo.com/#ql/5acd92bfe4b0cff9c404fe9a/af735cb5-2fcb-4b2e-bffc-71ac4c061708
Chinese Banking Debt: The Interconnection Through Statistical Model LensThe Chinese debt issue has been a major concern for investors and most analysts or investors rely on qualitative assessments. We hereby s...
Logan Property: Aggressive Plans AheadWe initiate our coverage on Logan Property Holdings Co Ltd (3380 HK) (“Logan”) with a NEUTRAL recommendation on the LOGPH senior-unsecure...
Press Metal Aluminium: Scarce Cyclical CreditWe initiate our coverage on Press Metal Aluminium Holdin (PMAH MK) (“Press Metal”) with a NEUTRAL recommendation on the new PMALMK 22s. P...
Noble Group: Moving Forward With Expected ObstaclesProposed Restructure Version II Since Noble Group (“Noble”) announced its restructuring plan in January 2018, there has been a substantia...
Coal Is Here to StayWhen it comes to thermal coal, two questions come to mind. What is the future for coal demand given the changing mix of fuel options for ...
Noble races to get buy-in on debt restructuringHONG KONG • Singapore-listed Noble Group is racing against time to garner enough votes for a debt restructuring plan after its decision n...
Noble Group Braces for First Bond Default as Pressure MountsNoble Group Ltd. is racing against time to garner enough votes for a debt restructuring plan after its decision not to pay a $379 million...
Tata Steel: Debt Beneath the WingsWe initiate our coverage on Tata Steel Ltd (TATA IN) (“TSL”) with an UNDERWEIGHT recommendation on all of the TATAIN complex as we believ...
JSW Steel: Moody’s Premature Rating UpgradeMoody’s upgraded the senior unsecured bond rating of JSW Steel Limited (JSW) to Ba2 from Ba3 on 6-March. The outlook remains stable. We b...
JSW Steel: A Race of EBITDA Against DebtWe initiate our coverage on JSW Steel Ltd (JSTL IN) (JSW) with a NEUTRAL recommendation on all JSTLIN complex as we believe the complex i...