Argentina Bonds Rally as S&P Lifts Sovereign Rating to B-
S&P upgraded Argentina to B- on June 10, 2026 — the first time the country has carried a single-B rating since August 2019. The 2035 notes jumped to 78.9 cents.
capital markets
Frasers’ €38 Hugo Boss Bid: A 4% Premium, On Purpose
Mike Ashley’s Frasers Group offered €38 a share for Hugo Boss — a 4% premium that’s the story, not the deal size.
Drahi’s €20.4B SFR Sale: France Telecom Goes 4-to-3
Patrick Drahi agreed to sell SFR to a Bouygues-Iliad-Orange consortium for €20.4B ($23.5B). Inside the carve-up, the buyers, and the antitrust gauntlet.
Ingredion’s £2.7B Tate & Lyle Bid: Another FTSE Name Exits London
Ingredion will buy UK ingredients group Tate & Lyle for 595p a share — a 59% premium and another bargain-Britain take-private. Here’s the deal math.
Amazon’s Record C$14B Maple Bond Funds Its AI Buildout
Amazon priced C$14B ($10.04B) of Canadian-dollar bonds June 9, 2026 — the largest Maple ever — with ~C$28B in orders to fund AI infrastructure capex.
Term Premium Explained: Why Long Bonds Yield Extra
Term premium is the extra yield bonds pay beyond expected short rates. Here’s how the NY Fed measures it and what’s pushing it higher in 2026.
Kevin Warsh Inherits a Split FOMC and 4.97% Long Bond
Kevin Warsh took the oath as Fed chair on May 22, 2026, inheriting an 8-4 FOMC and a 30-year Treasury near 5%. June 16-17 is his first meeting.
Partners Group Caps $8.6B Fund as Q2 Gates Spread to PE
Partners Group gated its $8.6B Global Value SICAV after 9.8% redemption requests, dragging Blackstone, KKR and Apollo lower as BCRED also tightens back to its 5% cap.
Crescent Capital Closes Record $10.8B Direct Lending Fund
Crescent’s CDL Fund IV closed at $10.8B in investable capital — more than double its 2022 predecessor — as Apollo and Ares cap BDC redemptions.
Triton Buys Flender from Carlyle in PE-to-PE Wind Deal
Triton Fund 6 will take Flender, the 125-year-old German gear specialist with major wind exposure, off Carlyle’s hands in a Q4 2026 close.