7%+ Club — High-Coupon Income
Coupon ≥ 7% and YTW ≥ 7%, price ≥ 80, excluding distressed names.
The "7%+ Club" screen isolates USDdenominated corporate debt offering both high nominal coupons and elevated yields to worst above 7% while maintaining cash prices at or above 80, filtering out distressed names to focus on viable highyield opportunities. Yields across the ten qualifying issues span a massive spectrum—from 22.16% on GTRC's 12% 2029 notes up to extreme distressedtier territory approaching 58% to 68% on names like BRIEAS and AMBIBZ—reflecting intense credit risk pricing in cyclical, industrial, and technology sectors. Domestic and crossborder issuers such as Xerox (XRX 13.5% yielding 38.9%) and Metinvest (METINV 7.65% yielding 27.1%) dominate the roster, offering professional fixedincome investors opportunistic entry points where doubledigit coupons compensate for substantial credit and volatility headwinds.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ambipar Luxembourg S.a.r.l. | …AA30 | 9.875 | 68.037 | 94.31 | 2031-02-06 | 2027-02-06 | NR | USD | 553MM |
| 2 | BLH Escrow 1 LLC | …AA82 | 11 | 58.692 | 83.26 | 2030-01-31 | 2027-05-09 | NR | USD | 1.12BN |
| 3 | Xerox Corp. | …AQ35 | 13.5 | 38.923 | 93.52 | 2031-04-15 | 2028-04-15 | CCC | USD | 494MM |
| 4 | Shutterfly LLC | …AA08 | 11 | 38.913 | 91.96 | 2027-10-01 | High Yield 3 | USD | 300MM | |
| 5 | Braskem Netherlands Finance B V | …AH53 | 8.5 | 34.161 | 94.4 | 2031-01-12 | 2030-11-12 | D | USD | 850MM |
| 6 | Braskem Netherlands Finance B V | …AH86 | 8.5 | 30.04 | 95.2 | 2031-01-12 | 2030-11-12 | D | USD | 850MM |
| 7 | Metinvest B.V. | …7516 | 7.65 | 27.052 | 84.5 | 2027-10-01 | 2027-07-01 | CCC+ | USD | 333MM |
| 8 | CSC Holdings, LLC | …BA38 | 11.75 | 23.596 | 99.53 | 2029-01-31 | 2026-10-24 | CCC | USD | 2.05BN |
| 9 | Braskem Netherlands Finance B V | …AG70 | 7.25 | 23.52 | 93.75 | 2033-02-13 | 2032-11-13 | D | USD | 1BN |
| 10 | Guitar Center, Inc. | …AS81 | 12 | 22.166 | 87.41 | 2029-01-15 | 2027-02-15 | High Yield 3 | USD | 574MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.