Nicholas Yaxley.

About Nicholas Yaxley

Nick founded BondAdviser in July 2014. He has over 15 years’ experience in developing research and investment solutions across Public and Private Credit Markets. Read bio >
15 Dec, 2016

Crown Retreats On Proposed Demerger

By |2021-09-24T10:43:39+10:00Dec 15, 2016|Hybrids|

On the 15th of December 2016, Crown Resorts Limited (ASX: CWN) announced the decision to further sell down its share in Melco Crown Entertainment Limited by 13.4% to 14%. The transaction is expected to generate ~$1.6 billion and funds will be used to reduce net debt by ~$800 million, pay a special distribution of ~$500 million and facilitate of share [...]

11 Dec, 2016

Interest Rate Commentary

By |2016-12-11T23:58:14+11:00Dec 11, 2016|Market Commentary|

Last week was a mixed bag in terms of economic data. As expected, the RBA left the cash rate unchanged at 1.50% but a few days later, Australia recorded negative economic growth for first time since the Global Financial Crisis. GDP figures for the September quarter showed that the economy contracted by -0.5% against a median estimate of -0.1% which [...]

8 Dec, 2016

Hybrids Over The Holiday Period

By |2021-09-24T10:43:39+10:00Dec 8, 2016|Hybrids, Market Commentary|

Last week we entered the holiday period which is generally categorised as quiet for all financial markets. So, what can we expect over the next two months before reporting season commences once again in February 2017? As many companies in Australia shut down for the majority of the holiday period, primary market activity is limited. This is especially prominent in [...]