J P M O R G A N North America Securitized Products Research 02 August 2024 Views Nick Maciunas AC (1-212) 834-5671 nicholas.m.maciunas@jpmorgan.com J.P. Morgan Securities LLC Alex Kraus (1-212) 834-5954 alexander.d.kraus@jpmorgan.com J.P. Morgan Securities LLC Sanjana Prasad (1-212) 834-5720 sanjana.t.prasad@jpmchase.com J.P. Morgan Securities LLC David Kaminsky (1-212) 834-5116 david.kaminsky@jpmchase.com J.P. Morgan Securities LLC Agency MBS Don't change the channel, we'll be right back • II voting closes ...

Europe Credit Research 02 August 2024 J P M O R G A N Call it a week European IG and HY TMT update This week, we had Q2 updates from Bouygues, Cellnex, Inwit, Nexi, Pearson, Proximus, SES, Swisscom, Telecom Italia, Telefonica and Wolters Kluwer. In the news, Altice International announced the sale of Teads to Outbrain potentially drawing the strategic portfolio review process to an end; Spanish operators are exploring two further FibreCos, MasOrange and Vodafone Spain and Telefonica and Vodafone Spain have ...

North America Equity Research 02 August 2024 J P M O R G A N AER / AL Earnings Takeaways (+DUBAEE/AVOL/GALCLD) Downgrading AER Credit to N From OW (Equity Remains OW) More of the same for lessors reporting yesterday and today – OEM delays (both airframes and engines) amid strong global demand (at least for replacement aircraft) are creating covetable positions for the leasing community who are reextending leases (in the case of AER, it remains >80%) at attractive rates. But it appears equity investor patien ...