What Prospect News does

Prospect News is a privately held, New York-based financial information services company founded in 2001 that publishes subscription-based daily and weekly newsletters and a live news web service covering U.S. and international fixed income and debt capital markets. The company serves a single persona segment: fixed income market professionals including traders, portfolio managers, underwriters, and counsel, with the entire product suite organized by market vertical (High Yield, Bank Loans, Convertibles, Distressed Debt, Emerging Markets, Green Finance, Investment Grade, Liability Management, Preferred Stock, Private Placements, and Structured Products, among others).

The product portfolio comprises eleven sector-specific daily newsletters delivered as PDF email attachments, two weekly overview newsletters (Bond Market Weekly, Structured Products Weekly), a Live News web platform with watchlists, saved stories, email alerts, and a searchable archive, and a Data Spreadsheets line that monetizes the company's proprietary historical deal database (covering 130,000+ structured products, 18,000+ bank loan tranches, 10,000+ junk bonds, and other debt instruments with records dating back to 2001) as annual subscriptions with optional quarterly weekly updates. The underlying technology is a standard web content delivery platform with email distribution, a searchable news and deal index, and a login-gated live news site; no mobile app, public API, or third-party integrations are disclosed.

The business model is predominantly recurring subscription revenue, supplemented by transactional fees for individual news items ($1-$4 each) and database searches ($2). Pricing is tiered and per-user: Live News at $100 per sector per month or $295 for all-sector access; data spreadsheets ranging from $1,890 to $13,905 per market per year; weekly update subscriptions from $1,215 to $5,150 per quarter. Customer acquisition is self-service, with free trials (one week for Live News, two weeks for newsletters) and standardized pricing rather than a dedicated sales motion. The company is independently owned, with no disclosed funding rounds, M&A, or institutional investors.

Name

Prospect News

Legal name

Prospect News

Website

https://prospectnews.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Prospect News is a privately held New York financial information services company founded in 2001 that publishes subscription-based daily and weekly newsletters and a live news service covering fixed income and debt capital markets for traders, portfolio managers, underwriters, and counsel.

Ownership category

akta.pro rank

Product category

Financial News and Data Services

NAICS

Periodical Publishers (513120), Newspaper, Periodical, Book, and Directory Publishers (5131)

SIC

Periodicals: Publishing Or Publishing & Printing (2721)

akta.pro primary industry

Business, Financial & Trade News Publishers (MPAJADAC)

akta.pro secondary industries

Newsletters & Email-Based News Publishers (B2B/B2C) (MPAJADAJ), Data Journalism & News Intelligence Publishers (Indexes, Election/Market Data) (MPAJADAK)

Keywords

• Fixed income news
• Debt market data
• Bond market newsletters
• Credit research services
• Financial market reporting

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Daily Newsletter Subscriptions: Subscription-based email delivery of daily newsletters covering specific fixed income market sectors. Each newsletter is delivered daily to the subscriber's inbox as a PDF attachment or via email, with some sectors including an early update newsletter.
2. Live News Service: Continuously updated website with access to all of Prospect News reporting, including alerts, watchlists, saved stories, and news archive. Priced at $100 per market sector per month or $295 per month for all sectors.
3. Weekly Newsletter Subscriptions: Weekly overview newsletters providing comprehensive reporting across fixed income sectors in a convenient summary format.
4. Data Spreadsheets: Annual spreadsheets with full year of deal information by market sector, with weekly updates available. Pricing varies by market: Bank loans, Emerging Markets, High Yield, Investment Grade, Tender offers: $3,045 per market per year; Convertibles, Distressed Debt, DIP facilities, Green Finance, European High Yield, Preferreds, Debt Private Placements: $1,890 per market per year; Structured Products: $13,905 per year.
5. Individual News Items: Individual news items available for purchase at $1.00 each, except for recent items at $4.00. Database searches cost $2.00.
6. Deal Data Access: Deal details available for $1.00 each, except recent items at $4.00. Popular reports include year-to-date issuance totals and league tables at various price points.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Prospect News publishes subscription-based daily and weekly newsletters covering fixed income and debt capital markets across thirteen sectors including high yield, bank loans, convertibles, distressed debt, emerging markets, investment grade, structured products, and green finance. The company also operates a continuously updated Live News web service with alerts, watchlists, saved stories, and a searchable archive, alongside annual and quarterly data spreadsheet products that consolidate deal-level information across asset classes.

Product overview

Prospect News is a financial news service provider offering a comprehensive suite of market newsletters covering fixed income and debt capital markets. The portfolio consists of eleven daily newsletters (High Yield, Bank Loan, Convertibles, Distressed Debt, Emerging Markets, Green Finance, Investment Grade, Liability Management, Preferred Stock, Private Placement, and Structured Products), two weekly newsletters (Bond Market Weekly and Structured Products Weekly), a live news web service, and data spreadsheet products. The core offering combines subscription-based email newsletters delivered daily with a continuously updated live news website that includes alerts, watch lists, searchable archives, and deal databases across 13 market sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Prospect News High Yield Daily: Daily newsletter covering comprehensive junk bond market coverage including market color, new deal details, tenders and redemptions, underwriter and counsel league tables and monthly high-yield issuance data.
• Prospect News Bank Loan Daily
• Prospect News Convertibles Daily
• Prospect News Distressed Debt Daily
• Prospect News Emerging Markets Daily
• Prospect News Green Finance Daily
• Prospect News Investment Grade Daily
• Prospect News Liability Management Daily
• Prospect News Preferred Stock Daily
• Prospect News Private Placement Daily
• Prospect News Structured Products Daily
• Bond Market Weekly
• Structured Products Weekly
• Prospect News Live News

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Creditflux: Creditflux provides news, data, and analysis on CLOs, leveraged loans, and structured credit markets — directly overlapping with Prospect News's Structured Products and Bank Loan Daily coverage areas.
• Reorg Research: Reorg is a subscription-based financial intelligence provider focused on distressed debt, bankruptcy, leveraged finance, and high-yield markets. It overlaps directly with Prospect News's Distressed Debt Daily and broader leveraged finance coverage.
• DebtWire: DebtWire (now part of Acuris) provides subscription news and data on leveraged finance, distressed debt, and loan markets — overlapping with Prospect News's Bank Loan, Distressed Debt, and High Yield newsletters.
• Xtract Research: Xtract Research provides covenant and credit agreement analysis for leveraged loan and high-yield bond investors, competing most directly with Prospect News's Bank Loan Daily and High Yield Daily offerings.
• LevFin Insights: LevFin Insights covers leveraged finance, private credit, and high-yield markets with subscription news and data products. Its focus on leveraged loans and high yield directly overlaps with several Prospect News daily newsletters.

Broad incumbents

• Covenant Review (S&P Global): Covenant Review, now part of S&P Global, provides covenant analysis and leveraged loan intelligence that overlaps with Prospect News's Bank Loan and High Yield coverage, but as part of S&P's broader credit data ecosystem.
• Bloomberg News / Bloomberg Terminal: Bloomberg provides fixed-income news, deal data, and analytics across global debt markets as part of the broader Bloomberg Terminal. While not a specialized newsletter publisher, it competes for the same fixed-income professional attention and budget via bundled credit market coverage.
• Refinitiv (LSEG) — IFR / DCM News: Refinitiv's International Financing Review (IFR) and Debt Capital Markets coverage directly compete with Prospect News's high-yield, investment-grade, and structured products reporting, while being bundled into the broader LSEG Workspace data platform.
• Informa — Bond Buyer / Leveraged Commentary & Data: Informa's Bond Buyer (municipal debt) and Leveraged Commentary & Data (LCD) products serve overlapping fixed-income segments including leveraged loans and high yield, with broader scale and additional municipal coverage.

Emerging players

• 9fin: 9fin is an emerging data and analytics platform for leveraged finance, providing news, intelligence, and data on high-yield bonds, leveraged loans, and private credit — competing with multiple Prospect News daily newsletters through a more modern, technology-led platform.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/prospect-news

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prospect News