• Corporate Finance Reporter

    Bloomberg (New York, NY)


    Corporate Finance Reporter

     

    Location

     

    New York

     

    Business Area

     

    News and Media

     

    Ref #

     

    10047253

     

    Description & Requirements

     

    Bloomberg News is looking for a New York-based reporter to break news on the $7.5 trillion corporate bond market. Companies are piling into the market now to fund acquisitions and their growing investments in artificial intelligence and are increasingly looking at selling riskier securities like hybrid bonds.

     

    These huge debt needs are coinciding with strong demand from investors that's helped drive borrowing costs to the lowest levels in about three decades. We're looking for an ambitious reporter to chronicle how and why the world's largest companies are borrowing while explaining the impact it has on the economy and the risks that emerge in the process.

     

    Your coverage will include the bond graders: S&P Global, Moody’s and Fitch. As gatekeepers for bond sales, heavy issuance has boosted their profits, but they're also facing risks from the rise of private credit that is often unrated. The use of more creative financing structures to obtain investment-grade ratings is also becoming more prevalent, in part to meet demand from insurance firms that are among the biggest buyers of such debt.

     

    The successful candidate will have experience covering capital markets, have a solid track record of delivering scoops on their beat and a good understanding of corporate capital structures. Applicants with a broad base of contacts across the financial services industry -- particularly in bond markets -- would be preferred.

     

    You’ll find opportunities to tell the market’s most important stories across Bloomberg’s growing number of platforms, including Bloomberg TV and Radio, and podcasts.

    We'll expect you to:

    + Break news on high-grade bond sales by tracking deals and building market sources to monitor key market indicators such as performance, supply and demand.

    + Use your contacts to help Bloomberg chronicle the debt deals that are helping to fund the boom in AI, while delivering scoops on the bond packages backing large corporate acquisitions

    + Be innovative and think creatively about ways to make our content accessible to a broader audience of business-savvy readers

    You'll need to have:

    + Previous experience in financial journalism or credit markets

    + Ability to write quickly and clearly under deadline pressure

    + Ability to spot trends, find holes in stories and work with reporters to deliver impactful news to our readers

    If this sounds like you:

    Apply and we'll be in touch to discuss next steps

     

    Salary Range = 90000 - 120000 USD Annually + Benefits + Bonus

     

    The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.

     

    We offer one of the most comprehensive and generous benefits plans available and offer a range of total rewards that may include merit increases, incentive compensation (exempt roles only), paid holidays, paid time off, medical, dental, vision, short and long term disability benefits, 401(k) +match, life insurance, and various wellness programs, among others. The Company does not provide benefits directly to contingent workers/contractors and interns.

     

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    Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.

     

    Bloomberg is a disability inclusive employer. Please let us know if you require any reasonable adjustments to be made for the recruitment process. If you would prefer to discuss this confidentially, please email [email protected]