7%+ Club — High-Coupon Income
Coupon ≥ 7% and YTW ≥ 7%, price ≥ 80, excluding distressed names.
The 7%+ Club screens for bonds with both a coupon and a yieldtoworst of at least 7%, priced at 80 or above, with distressed names excluded. It isolates highincome opportunities across USD credit. The ten qualifiers span industrials, materials, utilities, energy, communications and financials. BINHLD's 9.625% notes due 2027 yield 25.8% to worst, the highest yield on the shortlist with the nearest maturity. DTEKUA's 7% 2027 utility paper, priced at 85.6, yields 21.6%, while METINV's CCC+rated 7.65% 2027 notes yield 21.9%. Both show how discounts lift yield well above coupon. OHIFLY's 13% 2029 notes, rated B, yield 18.9%, offering the strongest credit quality among the higheryielding names. CSNABZ's 8.875% 2030 notes, priced at 93.7, yield 18.6% and add materials exposure with a longer tenor.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BLH Escrow 1 LLC | …AA82 | 11 | 58.692 | 83.53 | 2030-01-31 | 2027-05-09 | NR | USD | 1.12BN |
| 2 | Braskem Netherlands Finance B V | …AH53 | 8.5 | 34.161 | 94.47 | 2031-01-12 | 2030-11-12 | D | USD | 850MM |
| 3 | Binghatti Sukuk SPC Ltd. | …4349 | 9.625 | 25.849 | 95.4592413 | 2027-02-28 | High Yield 1 | USD | 500MM | |
| 4 | Braskem Netherlands Finance B V | …AG70 | 7.25 | 23.52 | 93.8 | 2033-02-13 | 2032-11-13 | D | USD | 1BN |
| 5 | Pm General Purchaser Llc | …AA28 | 9.5 | 22.686 | 80.6 | 2028-10-01 | 2026-11-20 | CCC | USD | 650MM |
| 6 | Metinvest B.V. | …7516 | 7.65 | 21.85 | 89.0977802 | 2027-10-01 | 2027-07-01 | CCC+ | USD | 333MM |
| 7 | DTEK Energy B.V. | …0521 | 7 | 21.638 | 85.6166667 | 2027-12-31 | High Yield 4 | USD | 1.46BN | |
| 8 | CSC Holdings, LLC | …BA38 | 11.75 | 20.006 | 85.68 | 2029-01-31 | 2026-11-20 | CCC | USD | 2.05BN |
| 9 | Ohi Group SA | …AB59 | 13 | 18.92 | 87.86466 | 2029-07-22 | 2026-12-11 | B | USD | 380MM |
| 10 | CSN Resources S.A. | …AL44 | 8.875 | 18.606 | 93.67 | 2030-12-05 | 2026-12-05 | High Yield 1 | USD | 700MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.