7%+ Club — High-Coupon Income
Coupon ≥ 7% and YTW ≥ 7%, price ≥ 80, excluding distressed names.
The 7%+ Club screener highlights highcoupon opportunities trading above an 80 cash price, capturing doubledigit yieldstoworst across stressed and cyclical segments that compensate investors for heightened credit risk. Standout deepvalue profiles include Xerox’s 2031 notes offering a 38.9% YTW backed by a 13.5% coupon, alongside shorterdated maturities like Shutterfly's 2027 paper delivering a 38.9% YTW at a 92.1 price. International and commoditylinked issuers also feature prominently, with names like Braskem and Metinvest providing diversified exposure across the basic materials sector while maintaining robust nominal coupons above 7.5%.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ambipar Luxembourg S.a.r.l. | …AA30 | 9.875 | 68.037 | 94.33 | 2031-02-06 | 2027-02-06 | NR | USD | 553MM |
| 2 | BLH Escrow 1 LLC | …AA82 | 11 | 58.692 | 83.35 | 2030-01-31 | 2027-05-09 | NR | USD | 1.12BN |
| 3 | Xerox Corp. | …AQ35 | 13.5 | 38.923 | 93.53 | 2031-04-15 | 2028-04-15 | CCC | USD | 494MM |
| 4 | Shutterfly LLC | …AA08 | 11 | 38.913 | 92.12 | 2027-10-01 | High Yield 3 | USD | 300MM | |
| 5 | Braskem Netherlands Finance B V | …AH53 | 8.5 | 34.161 | 94.42 | 2031-01-12 | 2030-11-12 | D | USD | 850MM |
| 6 | Metinvest B.V. | …7516 | 7.65 | 24.739 | 86.5 | 2027-10-01 | 2027-07-01 | CCC+ | USD | 333MM |
| 7 | CSC Holdings, LLC | …BA38 | 11.75 | 23.596 | 99.53 | 2029-01-31 | 2026-11-02 | CCC | USD | 2.05BN |
| 8 | Braskem Netherlands Finance B V | …AG70 | 7.25 | 23.52 | 93.76 | 2033-02-13 | 2032-11-13 | D | USD | 1BN |
| 9 | Guitar Center, Inc. | …AS81 | 12 | 22.771 | 81.875 | 2029-01-15 | 2027-02-15 | High Yield 3 | USD | 574MM |
| 10 | CSC Holdings, LLC | …AZ97 | 11.25 | 21.669 | 99.55 | 2028-05-15 | 2026-11-01 | CCC | USD | 1BN |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.