Recently added articles from High Yield Report:
Windstream, TriMas Add $850M to HY Queue.(News)
Dec 21, 2009 ... Byline: Matthew Sheahan Two companies added another $850 million to the high yield pipeline, bringing the total in potential junk deals to $4.275 billion. Another issuer priced $175 million in bonds Monday. Windstream plans to offer $600 million in senior notes due ...
BofA Arranges Warner Chilcott Add-On.(News)
Dec 21, 2009 ... Byline: Carol J. Clouse Bank of America Merrill Lynch has arranged a $350 million add-on term loan B-1 for Warner Chilcott. Price talk on the loan is at Libor plus 350, with an OID of 99.625 and a 2.25% Libor floor, according to sources. Proceeds from the ...
Big Banks Eye CLO Comeback.(News)
Dec 21, 2009 ... Byline: Carol J.Clouse It appears that the three largest U.S. banks have begun to prepare for the much-awaited (and doubted) comeback of the CLO market. Following the debt markets' record rally this year, JPMorgan, Bank of America and Citigroup have been approaching ...
Court Confirms General Growth Restructuring.(News)
Dec 21, 2009 ... Byline: Matthew Sheahan Bankrupt shopping mall owner General Growth Properties won approval from a bankruptcy court for its reorganization plan, which will affect more than $10 billion in mortgage loans, the Chicago-based company said Tuesday. The U.S. Bankruptcy ...
Dynegy Strikes Bond Buyback Deal.(News)
Dec 21, 2009 ... Byline: Matthew Sheahan Dynegy has reached a deal with an unnamed fixed income investor to buy back more than $800 million in outstanding junk bonds, the Houston-based power supplier said today. The company said it will buy back approximately $420 million of 6.875% ...