Based in New York, Nina manages Bloomberg’s coverage of U.S. investment-grade bonds and loans, structured finance, ESG and Latin American & Canadian credit markets.
She previously worked as a Bureau Chief at the Wall Street Journal and led its corporate finance vertical.
Nina relocated to the U.S. in 2019 after three years with the WSJ in London. Prior to her time with the Wall Street Journal, she worked as a U.K. Business and Finance Correspondent for German media group Welt in London and as a reporter in Shanghai.
S&P Global expects to generate more revenue from rating private debt financings, as a potential downturn in credit markets spurs investors to seek more information about the risks their money managers are taking, the company’s finance chief said.
Delta Air Lines is bolstering its efforts to regain the blue-chip rating it lost during the pandemic, the company’s finance chief said. “We’re one notch away,” Dan Janki said. “We think our metrics will certainly be aligned to that next year.”
Some of the largest US companies face billions of dollars in additional interest costs and hits to their profit if they refinance their 2024 maturities at current rates, with a third of them lacking the cash to repay upcoming debt.
Back in Newton, Mass. for this year’s MIT Sloan CFO Summit. I will be moderating a panel on leadership at noon, interviewing the CFOs of Delta Air Lines, Honeywell and GE about the impact of high interest rates, AI and geopolitics on their businesses. Looking forward!
Costco is considering repaying a $1 billion bond maturing in 2024 with cash and won’t be buying back any debt ahead of its maturity, CFO Richard Galanti said, adding that refinancing at current rates doesn’t make sense.
There’s still plenty of reason for companies to sell long-term debt as policymakers signal US interest rates could remain higher for longer, Marsh & McLennan CFO Mark McGivney tells me for Bloomberg News.
Another Fed pause: Companies navigate higher financing costs.
Companies struggle with rising interest expenses.
The Fed pauses — for how long?