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"The Cycle's TXU?": Paramount's Record Bond Offering Craters Before The Ink Is Dry
"The Cycle's TXU?": Paramount's Record Bond Offering Craters Before The Ink Is Dry
On Monday we flagged that September was shaping up as the worst month for junk since 2022. We also noted that Paramount's $12.4 billion high-yield tranche would be bigger than SoftBank's recently issued record $11 billion junk deal. The next morning the company kicked off the high-grade portion. By Tuesday afternoon it reported $109 billion of demand.
With so much excess demand, the offering was supposed to fly off the shelves. It did not: the deal priced on...
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Mar 1, 2026 / Tyler Durden
In Sensational Ruling, Court Prohibits German State From Classifying AfD As A "Confirmed Right-Wing Extremist" Organization
In Sensational Ruling, Court Prohibits German State From Classifying AfD As A "Confirmed Right-Wing Extremist" Organization
Authored by 'eugyppius',
Old friends may remember the farce we experienced last May, when outgoing Marshmallow Interior Minister Nancy Faeser pushed her gaggle of goons in the Federal Office for the Protection of the Constitution (BfV) to upgrade their political classification of Alternative für Deutschland.
No longer did the BfV consider the national political party to lurk under mere “suspicion of right-wing extremism,” oh no. They announced suddenly and with much establishment fanfare that they had determined...
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Feb 16, 2026 / Dave DeCamp
Indonesia Prepares 1,000 Troops To Be Deployed to Gaza by April for Potential International Force
Indonesia is preparing 1,000 troops to deploy to Gaza as part of a potential peacekeeping force by April, a spokesman for the country’s military told Reuters. Indonesia has said it could potentially deploy a total of 8,000 troops to the besieged Palestinian territory, and the spokesman said the full force will be ready by June. […]
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Apr 2, 2026 / Tyler Durden
Luigi Mangione's State, Federal Trials Pushed Back Until Fall
Luigi Mangione's State, Federal Trials Pushed Back Until Fall
Authored by Chris Summers via The Epoch Times (emphasis ours),
Luigi Mangione, who is accused of murdering UnitedHealthcare CEO Brian Thompson, had both his state and federal trials postponed on April 1 until the fall.
Luigi Mangione is escorted into Manhattan state court in New York City on Sept. 16, 2025. Seth Wenig/AP Photo
Mangione allegedly shot Thompson, 50, on Dec. 4, 2024, as he walked toward a hotel in Manhattan where UnitedHealth Group was holding its annual investor conference. Mangione, 27, has pleaded...
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