Container shipping: Struggling to stay afloat
Debt and overcapacity mean container shippers must consolidate fast to avoid further wrecks

Theme parks: scream if you want to go tighter
Investing in theme park debt is like taking a rollercoaster ride. Lately it’s been a thrill, but there are always ups and downs

Nightmares on credit street
Rising leverage, creeping warfs and weakening covenants. If that isn’t enough to keep credit investors awake, liquidity is a ticking time bomb

Avon Products: Dolled up and hoping for the best
A massive recent investment has made Avon’s bonds look more attractive than they have for some years

Rethinking credit value
CLO seniors, cash-CDS basis and tranche shorts were some of bank researchers' top picks last month, as volatility sends analysts back to the drawing board

Cream of the credit research
In our first round-up of last month's most eye-catching credit research, we pick pieces on energy options, green bonds and using tranches as CLO hedgesIn our first round-up of last month's most eye-catching credit research, we pick pieces on energy options, green bonds and using tranches as CLO hedges

Petrobras: In deep water – and sinking deeper
It has $135 billion in debt and its credit standing rests on a signature from its auditor. Petrobras is a credit for brave investors

Road haulage: Clear road ahead for truckers
A tailwind of economic growth is helping trucking companies – and they are avoiding the temptation to overload on debt and capacity

Coal mining: In a hole and still digging
Some coal prices have fallen by almost two-thirds in the past three years – and for heavily-indebted coal mining companies the outlook is black

Toys R Us: Trouble in toy town
One of the world's biggest retailers may be just one bad quarter away from a debt restructuring – or bankruptcy

Paper makers: Trying to avoid the crunch
Paper companies' paper is in danger of being worth less than the paper it's printed on. But some companies are finding ways to survive

Spotlight on retail: Penney dreadful
JC Penney’s catastrophic trading strategy is proving a case study in subordination risk for bond investors

Credit spotlight: Gaming becomes a better bet
With gambling revenue rising strongly in Las Vegas and, especially in Macau, credit investors are turning to gaming even as yields tighten

Credit spotlight: Still loving it
Leverage is high but the fast food sector is doing well even as consumer spending falls – so it’s no surprise that credit investors are tucking into large portions

Credit spotlight - Lean, mean driving machines
After paring down fleets and cutting costs in 2008, car rental companies have recently posted strong earnings and most could now make profits even in a recession

Credit spotlight - Getting stuck in cement
Fallen angel credit Cemex seems to be in all the wrong places, with exposure to Spain, Egypt and the US housing market. But investors are still dazzled by its bonds’ attractive yields

Casinos see their long-running lucky streak come to an end
Casinos see their long-running lucky streak come to an end