7%+ Club — High-Coupon Income
Coupon ≥ 7% and YTW ≥ 7%, price ≥ 80, excluding distressed names.
The 7%+ Club screens for bonds where both the coupon and yieldtoworst clear 7%, prices sit at or above 80, and distressed names are excluded. It gives professional investors a focused view of where highyield income is available right now. Headline yields are striking, led by BRIEAS 11% 2030 at a 58.69% YTW and BRASKM 8.5% 2031 at 34.16%. These levels reflect stressed valuations and unrated or Drated credit, so they call for rigorous credit work rather than simple carry capture. Relative value is more compelling in the midtier. DTEKUA 7% 2027 at 21.51% and BINHLD 9.625% 2027 at 21.32% pair high yields with nearterm maturities and prices between 85 and 97. OHIFLY 13% 2029 (Brated, 18.58% YTW) and CSCHLD 11.75% 2029 (CCC, 20.01% YTW) add substantial coupon income across energy and communications.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BLH Escrow 1 LLC | …AA82 | 11 | 58.692 | 83.55 | 2030-01-31 | 2027-05-09 | NR | USD | 1.12BN |
| 2 | Braskem Netherlands Finance B V | …AH53 | 8.5 | 34.161 | 94.48 | 2031-01-12 | 2030-11-12 | D | USD | 850MM |
| 3 | Braskem Netherlands Finance B V | …AG70 | 7.25 | 23.52 | 93.8 | 2033-02-13 | 2032-11-13 | D | USD | 1BN |
| 4 | Pm General Purchaser Llc | …AA28 | 9.5 | 22.686 | 80.65 | 2028-10-01 | 2026-11-22 | CCC | USD | 650MM |
| 5 | Metinvest B.V. | …7516 | 7.65 | 21.863 | 89.18188 | 2027-10-01 | 2027-07-01 | CCC+ | USD | 333MM |
| 6 | DTEK Energy B.V. | …0521 | 7 | 21.511 | 85.73 | 2027-12-31 | High Yield 4 | USD | 1.46BN | |
| 7 | Binghatti Sukuk SPC Ltd. | …4349 | 9.625 | 21.324 | 96.642 | 2027-02-28 | High Yield 1 | USD | 500MM | |
| 8 | CSC Holdings, LLC | …BA38 | 11.75 | 20.006 | 85.71 | 2029-01-31 | 2026-11-21 | CCC | USD | 2.05BN |
| 9 | CSN Resources S.A. | …AL44 | 8.875 | 18.606 | 93.68 | 2030-12-05 | 2026-12-05 | High Yield 1 | USD | 700MM |
| 10 | Ohi Group SA | …AB59 | 13 | 18.583 | 88.5 | 2029-07-22 | 2026-12-11 | B | USD | 380MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.