Companies’ hesitancy to tap the bond markets following the collapse of Silicon Valley Bank will likely be short-lived, S&P CFO Ewout Steenbergen tells me for Bloomberg News. “When there’s so much market noise, short term, it will absolutely impact the willingness of issuers to go to the market,” Mr. Steenbergen said.
Cheniere Energy to Pay Off More Debt with Investment-Grade Score
Cheniere Energy, an operator of liquefied natural gas terminals, plans to extinguish more of its debt after it secured a second investment-grade credit rating, the company’s finance chief told me for Bloomberg News.
GXO Looks at Selling High-Grade Bonds and Plans to Cut Debt
My first story for Bloomberg News: GXO Logistics is looking to sell bonds to refinance outstanding bank loans while also bringing down its debt levels as interest rates rise.
This was my first week with Bloomberg in New York. Working here has been a dream of mine for many years. I will be leading a team of reporters in the Credit Americas division, covering structured finance, ESG, Latin American & Canadian credit markets and investment-grade new issuances.
Friday was my last day at the Wall Street Journal. I am very grateful for all the things I learned, and the opportunities I was given. It’s been a privilege to work with so many smart and principled people. Being part of the Journal has meant a lot to me. Thank you all!