BondEvalue is now BondbloX! Existing users can continue to login via the button below

US STRIPS 0.000% 05/53 31.972 4.05%

|

SMC 8.750% Perp 100.275 -

|

Mapletree Industrial Trust 3.150% Perp 97.455 4.75%

|

Vedanta (84% Sink Factor) 13.875% 12/28 100.635 6.27%

|

FWD 5.000% 09/24 99.986 5.21%

|

Icahn 9.000% 06/30 100.181 8.94%

|

WRKCo 3.900% 06/28 97.988 4.49%

|

Power Finance 3.250% 09/24 99.992 3.60%

|

Firstenergy Transmission 2.866% 09/28 94.590 4.34%

|

Philippines 4.200% 01/24 99.875 26.18%

|

Equinor 5.100% 08/40 101.889 4.92%

|

Exim India 3.875% 03/24 100.000 3.80%

|

Hotel Properties 3.800% 06/25 99.306 4.77%

|

Teva 3.150% 10/26 95.699 5.38%

|

Israel 7.750% 12/27 106.493 5.54%

|

Saudi Aramco 4.375% 04/49 86.806 5.34%

|

GLP 4.600% Perp 58.001 26.82%

|

PD Sukuk 8.750% 09/25 100.562 8.16%

|

US Treasury 0.000% 11/24 98.906 4.99%

|

AIA 3.200% 03/25 99.131 4.96%

|

Home Depot 5.400% 06/64 105.278 5.08%

|

Vedanta (94% Sink Factor) 13.875% 12/28 101.928 -8.98%

|

HDFC 3.700% Perp 95.089 6.40%

|

Malaysia Sukuk 3.043% 04/25 99.039 4.62%

|

Cathay Pacific 4.875% 08/26 99.828 4.96%

|

POSCO 2.500% 01/25 99.176 4.83%

|

General Motors 4.300% 04/29 98.518 4.66%

|

Alphabet 2.250% 08/60 61.559 4.38%

|

Olam 4.000% 02/26 98.250 5.26%

|

Dominion Energy 4.250% 06/28 99.594 4.36%

|

Singapore 3.375% 05/34 106.678 2.58%

|

EXIM Malaysia 3.350% 05/25 98.748 5.30%

|

South Korea 4.125% 06/44 95.151 4.49%

|

Netflix 4.900% 08/34 103.475 4.45%

|

Westpac 2.668% 11/35 87.181 4.47%

|

UOB 2.550% Perp 96.015 3.68%

|

Petrobras 5.600% 01/31 99.579 5.67%

|

Korea Electric Power 6.000% 12/26 103.459 4.35%

|

Axis Bank 4.100% Perp 94.962 6.84%

|

Emirates NBD 1.638% 01/26 95.876 4.84%

|

NTPC 4.375% 11/24 99.889 4.83%

|

Rio Tinto 5.200% 11/40 102.908 4.93%

|

Bangkok Bank 5.000% Perp 98.975 6.02%

|

Indofood 4.805% 04/52 86.672 5.77%

|

SIA 3.000% 07/26 97.575 4.36%

|

Credit Agricole 4.375% 03/25 99.409 5.53%

|

ST Engineering 1.500% 04/25 98.043 4.64%

|

BP 4.875% Perp 97.866 5.32%

|

Saudi Aramco 5.750% 07/54 102.300 5.58%

|

Saudi Arabia 5.750% 01/54 103.092 5.53%

|

Julius Baer 4.875% Perp 95.253 7.37%

|

PT Pertamina 6.450% 05/44 109.933 5.61%

|

CBA 3.150% 09/27 97.504 4.03%

|

Krung Thai 4.400% Perp 97.663 6.00%

|

Egypt 7.625% 05/32 85.227 10.45%

|

Abu Dhabi 2.500% 04/25 98.587 4.90%

|

BPI 2.500% 09/24 100.000 2.46%

|

SMC Global Power 5.450% Perp 95.160 7.83%

|

TD 1.250% 12/24 99.011 5.07%

|

China Water 4.850% 05/26 94.453 8.42%

|

Commerzbank 6.500% 04/34 107.411 3.56%

|

Olam 5.375% Perp 98.167 6.43%

|

Metropolitan Life 3.000% 09/27 96.725 4.16%

|

Vale 3.750% 07/30 93.881 4.97%

|

UOB 3.059% 04/25 99.160 4.54%

|

Conagra 1.375% 11/27 91.314 4.36%

|

JLR 4.500% 10/27 98.173 5.15%

|

HDFC Bank 5.686% 03/26 101.547 4.59%

|

China 1.950% 12/24 99.430 4.39%

|

KNOC 5.250% 11/26 101.877 4.33%

|

Piedmont 3.500% 06/29 96.399 4.34%

|

Rizal 3.000% 09/24 100.000 2.95%

|

Israel 4.500% 04/99 74.394 6.07%

|

Syngenta 4.892% 04/25 99.593 5.55%

|

Shell 3.875% 11/28 99.688 3.95%

|

Muthoot 4.400% 09/23 100.000 -

|

Netflix 5.400% 08/54 106.391 4.98%

|

Adani 4.375% 07/29 93.223 6.01%

|

HSBC 6.875% Perp 100.685 -

|

BPCE 5.000% 03/34 102.194 3.39%

|

Huarong 3.800% 11/25 98.950 4.73%

|

Honeywell 9.065% 06/33 130.120 4.79%

|

DBS 3.300% Perp 98.870 5.79%

|

Santander 4.750% Perp 93.842 7.85%

|

Centerpoint 5.400% 06/29 103.725 4.50%

|

Dah Sing 3.000% 11/31 95.325 4.12%

|

REC 5.250% 11/23 100.000 5.11%

|

Scotiabank 3.625% 10/81 87.332 4.12%

|

Santander 6.350% 03/34 106.232 5.49%

|

NextEra 4.625% 07/27 101.311 4.11%

|

Baidu 3.075% 04/25 98.983 4.87%

|

Ford 4.346% 12/26 99.071 4.78%

|

NatWest 6.000% 12/23 100.000 -

|

DoubleDragon 7.250% 07/25 97.094 10.76%

|

Sands China 5.125% 08/25 99.502 5.68%

|

REC 2.250% 09/26 95.312 4.76%

|

Keppel REIT 3.150% Perp 98.850 4.33%

|

San Miguel 5.500% Perp 53.125 94.63%

|

Power Finance 3.350% 05/31 90.500 5.04%

|

Wells Fargo 4.100% 06/26 99.387 4.46%

|

KHNPC 3.125% 07/27 96.963 4.25%

|

Oman 4.750% 06/26 99.467 5.06%

|

Egypt 8.700% 03/49 77.921 11.39%

|

REC 5.625% 04/28 102.750 4.78%

|

Estate Sky 5.450% 07/25 91.125 16.85%

|

Keppel 4.900% Perp 101.009 4.77%

|

ICTSI 3.500% 11/31 90.721 5.05%

|

US Treasury 4.875% 10/28 105.063 3.54%

|

Micron 5.875% 09/33 106.309 4.97%

|

UBS 5.125% Perp 97.648 6.47%

|

US Treasury 0.250% 05/25 97.064 4.41%

|

Muthoot 7.125% 02/28 102.016 6.44%

|

SIA 5.250% 03/34 106.188 4.43%

|

Philippines 9.500% 10/24 100.625 3.97%

|

Pemex 10.000% 02/33 102.408 9.56%

|

BoFAML 5.526% 08/26 102.691 4.00%

|

Caterpillar 8.250% 12/38 136.704 4.69%

|

Turkey 9.875% 01/28 112.191 5.81%

|

US Treasury 0.000% 12/24 98.574 4.90%

|

GLP 3.875% 06/25 91.375 16.78%

|

JLR 5.875% 01/28 100.137 5.82%

|

Xcel 4.000% 06/28 98.727 4.36%

|

Citigroup 4.600% 03/26 100.067 4.55%

|

SocGen 6.447% 01/27 101.768 5.05%

|

Tencent 3.800% 02/25 99.568 4.82%

|

UBS 3.750% 03/25 99.300 5.06%

|

OCBC 1.832% 09/30 97.100 4.83%

|

Filinvest 4.125% 09/25 97.549 6.64%

|

BDO Unibank 2.125% 01/26 96.207 5.07%

|

Singtel 3.250% 06/25 98.998 4.52%

|

UBS 5.600% Perp 102.898 4.96%

|

Morgan Stanley 3.125% 07/26 97.911 4.28%

|

Finland 6.950% 02/26 103.851 4.15%

|

ReNew Power 4.500% 07/28 92.488 6.74%

|

HSBC 8.000% Perp 106.709 5.84%

|

StanChart 7.875% Perp 103.049 7.19%

|

UBS 5.875% Perp 100.000 -

|

KNOC 0.875% 10/25 96.239 4.50%

|

Vedanta 9.250% 04/26 99.151 9.81%

|

ARA 5.650% Perp 96.795 6.65%

|

Korea Electric Power 3.625% 06/25 99.320 4.53%

|

Cardinal Health 3.410% 06/27 97.864 4.23%

|

Kenya 6.300% 01/34 76.795 10.20%

|

Sprint 7.625% 03/26 103.351 4.59%

|

Scotiabank 4.500% 12/25 99.683 4.75%

|

Lockheed Martin 4.070% 12/42 90.314 4.87%

|

INALUM 4.750% 05/25 99.668 5.24%

|

Kia 2.375% 02/25 98.952 4.85%

|

General Motors 5.200% 04/45 93.084 5.77%

|

BMO 5.200% 12/24 99.982 5.20%

|

Turkey 6.625% 02/45 89.365 7.66%

|

US Treasury 4.000% 02/34 102.109 3.73%

|

Motorola 4.600% 02/28 100.993 4.26%

|

BNP 8.000% Perp 105.495 6.98%

|

Allianz 3.200% Perp 84.875 8.93%

|

HSBC 5.250% Perp 101.203 4.96%

|

US STRIPS 0.000% 02/49 34.716 7.69%

|

FWD 7.635% 07/31 106.384 6.45%

|

Egypt 5.250% 10/25 97.828 7.38%

|

SocGen 8.250% Perp 106.572 5.71%

|

US Treasury 0.000% 02/24 99.938 22.88%

|

SBI 5.950% 12/24 100.020 5.61%

|

Philippines 5.500% 03/26 101.619 4.41%

|

ICTSI 5.875% 09/25 100.566 5.29%

|

Abu Dhabi 5.500% 04/54 108.223 4.96%

|

DP World 5.500% 09/33 104.285 4.89%

|

BNP 5.900% Perp 103.907 4.66%

|

Indika Energy 8.750% 05/29 101.224 8.42%

|

UnionBank 2.125% 10/25 96.702 5.19%

|

ArcelorMittal 4.250% 07/29 98.789 4.52%

|

StanChart 6.296% 07/34 108.504 5.08%

|

Amazon.com 1.650% 05/28 92.437 3.87%

|

Kenya 8.250% 02/48 78.740 10.74%

|

US Treasury 5.000% 10/25 101.031 4.06%

|

US Treasury 3.875% 08/33 101.203 3.71%

|

Macquarie 6.798% 01/33 109.888 5.31%

|

Metinvest 8.500% 04/26 79.635 24.40%

|

Bombardier 7.875% 04/27 100.469 2.16%

|

BOC Aviation 3.250% 04/25 98.945 4.94%

|

SMC Global Power 7.000% Perp 99.599 7.36%

|

KOWEPO 4.125% 06/25 99.632 4.58%

|

Deutsche Bank 7.500% Perp 99.785 7.64%

|

Thaioil 5.375% 11/48 95.773 5.69%

|

UnitedHealth 5.375% 04/54 103.606 5.13%

|

WEC 1.375% 10/27 91.717 4.25%

|

GC Treasury Center 5.200% 03/52 91.940 5.78%

|

ESR Group 5.100% 02/25 90.400 28.51%

|

American Express 3.950% 08/25 99.363 4.68%

|

Saudi Arabia 5.000% 01/53 93.591 5.44%

|

Westpac 5.000% Perp 97.608 5.87%

|

Lai Sun 5.000% 07/26 68.582 27.40%

|

Senegal 6.750% 03/48 72.250 9.78%

|

HSBC 4.250% 08/25 99.307 5.00%

|

Delhi Intl Air 6.450% 06/29 101.980 5.96%

|

Delhi Intl Air 6.125% 10/26 100.516 5.86%

|

Conocophillips 7.800% 01/27 107.580 4.31%

|

ABN AMRO 6.339% 09/27 103.336 4.59%

|

CVS 5.400% 06/29 103.544 4.54%

|

MetroBank 2.125% 01/26 96.395 4.91%

|

Kraft Heinz 3.000% 06/26 97.840 4.30%

|

AT&T 5.539% 02/26 100.042 4.15%

|

Abja 5.450% 01/28 101.626 4.91%

|

JP Morgan 3.200% 06/26 98.330 4.18%

|

Reliance 4.125% 01/25 99.683 4.93%

|

US Treasury 4.500% 02/44 104.961 4.12%

|

Exelon 5.150% 03/28 102.648 4.31%

|

Lloyds 4.500% 11/24 99.822 5.58%

|

Santos 6.875% 09/33 110.611 5.34%

|

Manila Water 4.375% 07/30 95.649 5.24%

|

Qatar 5.103% 04/48 102.927 4.89%

|

Kernel 6.750% 10/27 76.614 16.61%

|

Nvidia 2.850% 04/30 94.591 3.94%

|

Egypt 7.600% 03/29 94.119 9.23%

|

Petronas 3.500% 03/25 99.280 4.90%

|

Walmart 4.300% 04/44 95.529 4.64%

|

BNP 8.500% Perp 106.096 6.70%

|

Volcan 4.375% 02/26 85.969 15.76%

|

Embraer 5.050% 06/25 99.561 5.30%

|

Southwestern Electric Power 4.100% 09/28 98.907 4.39%

|

SK Hynix 3.000% 09/24 99.984 3.66%

|

Egypt 5.800% 09/27 92.185 8.76%

|

Campbell 5.200% 03/29 103.521 4.32%

|

Pakistan 8.250% 09/25 97.085 11.23%

|

DBS 1.169% 11/24 99.309 4.59%

|

Keybank 5.850% 11/27 103.469 4.63%

|

Korea Electric Power 7.000% 02/27 106.374 4.17%

|

PCPD Capital 5.125% 06/26 90.250 11.33%

|

Ascendas REIT 3.000% Perp 98.875 4.13%

|

DTE 5.100% 03/29 102.666 4.42%

|

TAQA 6.500% 10/36 115.802 4.76%

|

Israel 7.250% 12/28 108.348 5.04%

|

JLR 5.500% 07/29 99.742 5.55%

|

Pemex 5.350% 02/28 91.477 8.25%

|

Rwanda 5.500% 08/31 80.773 9.33%

|

Pemex 6.625% 06/35 77.859 10.03%

|

Del Monte Pacific 3.750% 12/24 100.370 2.24%

|

US Treasury 0.000% 10/24 99.309 4.99%

|

KSA Sukuk 5.250% 06/34 104.351 4.68%

|

DBS 5.479% 09/25 101.124 4.32%

|

PNC Bank 3.100% 10/27 96.561 4.28%

|

KOGAS 3.500% 07/25 99.192 4.45%

|

HPCL 5.250% 04/27 98.110 6.03%

|

Scotiabank 5.250% 12/24 99.981 5.25%

|

REC 3.500% 12/24 99.614 4.97%

|

Bank East Asia 5.825% Perp 98.210 7.51%

|

Jollibee 4.125% 01/26 98.727 5.09%

|

Alibaba 3.600% 11/24 99.664 5.09%

|

Delta Air 7.000% 05/25 100.995 5.39%

|

BNP 4.250% 10/24 99.907 5.09%

|

ING Groep 8.000% Perp 106.220 6.66%

|

Lockheed Martin 7.200% 05/36 114.086 5.54%

|

Verizon 2.625% 08/26 97.065 4.22%

|

Wells Fargo 3.000% 04/26 98.024 4.27%

|

Barclays 6.125% Perp 99.421 6.60%

|

StanChart 4.750% Perp 86.315 7.49%

|

AerCap 3.650% 07/27 97.940 4.42%

|

HSBC 4.000% Perp 96.678 6.35%

|

Frasers Property 4.380% Perp 97.936 10.32%

|

ICICI 4.200% 10/24 99.949 4.77%

|

Lenovo 6.536% 07/32 109.361 5.04%

|

Vedanta (47% Sink Factor) 13.875% 01/27 100.150 11.77%

|

Barclays 7.300% Perp 104.672 5.90%

|

Hutchison Whampoa 3.625% 10/24 99.840 4.70%

|

Goldman Sachs 3.750% 05/25 99.195 4.92%

|

Emirates NBD 6.125% Perp 100.280 5.93%

|

KOMIR 5.375% 05/28 102.958 4.49%

|

PNB 3.280% 09/24 99.904 5.17%

|

US Treasury 4.375% 05/34 105.016 3.75%

|

LG Chem 3.250% 10/24 99.816 5.03%

|

Humana 3.700% 03/29 97.449 4.32%

|

JSW Steel 3.950% 04/27 95.256 5.96%

|

SocGen 8.500% Perp 99.812 8.52%

|

Maldives 9.875% 04/26 69.842 36.60%

|

Charles Schwab 3.250% 05/29 95.913 4.21%

|

BIM 7.375% 05/26 78.755 23.52%

|

Julius Baer 4.750% Perp 100.000 4.64%

|

BCT 5.750% 01/25 96.238 15.85%

|

Citibank 5.803% 09/28 105.828 4.19%

|

Jollibee 4.750% 06/30 98.101 5.13%

|

KOGAS 3.500% 07/26 98.595 4.31%

|

Buenos Aires 5.000% 09/37 37.831 17.02%

|

BPCL 4.000% 05/25 99.439 4.86%

|

EIB 2.500% 10/24 99.738 5.08%

|

Deutsche Bank 6.000% Perp 96.250 9.63%

|

US Treasury 0.000% 09/24 99.774 4.79%

|

Ford 4.750% 01/43 85.025 6.11%

|

Philippines 10.625% 03/25 103.028 4.65%

|

Pemex 6.875% 08/26 98.362 7.81%

|

Emirates NBD 1.840% 05/26 94.822 5.03%

|

Methanex 5.250% 12/29 98.437 5.59%

|

Abu Dhabi 2.125% 09/24 99.828 5.18%

|

Sobha Sukuk 8.750% 07/28 104.221 7.46%

|

Pricoa 5.100% 05/28 103.400 4.10%

|

SBI 4.875% 05/28 101.054 4.55%

|

Shriram 6.625% 04/27 101.110 6.15%

|

Qatar 6.400% 01/40 117.803 4.75%

|

Globe Telecom 2.500% 07/30 87.266 5.03%

|

Walmart 4.500% 09/52 97.038 4.69%

|

Tyson Foods 5.400% 03/29 103.832 4.43%

|

Royal Caribbean 5.500% 04/28 100.700 5.24%

|

Principal Financial Group 3.700% 05/29 97.429 4.31%

|

Wells Fargo 4.150% 01/29 99.449 4.28%

|

Shriram 4.150% 07/25 98.281 6.22%

|

Pakistan 7.375% 04/31 79.625 11.92%

|

Mercedes-Benz 5.500% 11/24 100.056 5.15%

|

Conocophillips 6.500% 02/39 116.223 4.91%

|

Indofood 4.745% 06/51 85.844 5.79%

|

Korea East West Power 3.600% 05/25 99.304 4.67%

|

HSBC 6.375% Perp 100.006 5.92%

|

Pemex 5.950% 01/31 83.093 9.54%

|

BNP 4.625% Perp 92.594 8.16%

|

Exim India 5.500% 01/33 104.890 4.78%

|

Reliance 2.875% 01/32 88.061 4.82%

|

Arabian Centres 9.500% 03/29 104.041 8.40%

|

This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.

Bond Market News

S&P Cuts Bed Bath & Beyond to SD on Debt Exchange Programme

November 15, 2022

Credit Ratings
Distressed/Defaulted Bonds

Following its downgrade last month, S&P has again downgraded Bed Bath & Beyond’s (BBBY) issuer rating from CC to SD (selective default) and lowered its issue ratings for its 2024, 2034 and 2044 notes from CC to D. The downgrades follow BBBY’s announcement of privately negotiated debt exchanges of over $150mn par value worth of its senior unsecured notes for the company’s common stock. Resultantly, the New Jersey-based home retailer was able to wipe off about $154.5mn of debt obligations from its balance sheet, including:

$69mn of 3.749% unsecured notes due in 2024
$15.3mn of 4.915% unsecured notes due in 2034
$70.2mn of 5.165% unsecured notes due in 2044

The aforementioned bonds were swapped for approximately 13.6mn of BBBY’s common stock, which is valued at about $53.7mn based on its closing price on 11 November. S&P opines that the transaction was a distressed debt exchange and is tantamount to default, given that BBBY’s bondholders will receive less than what was originally promised. The rating agency continues to have a pessimistic outlook on BBBY and expects more distressed debt exchanges from it. Further, it is highly uncertain that BBBY will be able to generate positive cash flows. S&P expects to raise BBBY back to CCC shortly after it completes its debt exchanges. BBBY’s bonds are trading at distressed levels of 12-28 cents on the dollar.

Share this

Looking for more ?

Curated global bond market news - delivered to your inbox everyday.

Go back to Latest bond Market News

Related Posts:

Bed Bath & Beyond Downgraded to Ca by Moody’s

October 10, 2022

Bed Bath & Beyond Downgraded to CC by S&P

October 19, 2022

R&F Properties Upgraded to CC by Fitch following Exchange Offer

January 25, 2022

Our Awards

Awards

Awards

Awards

Awards

Awards

Awards

Awards

BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.

Registered office: 8 Marina View, #43-062 Asia Square Tower 1, Singapore 018960

© Copyright BondbloX 2024, All Rights Reserved.