Energy issuers flock to busy US levfin markets
A raft of issuers from the US energy sector swarmed the leveraged loan and high yield market on Monday, overcoming a brief hiccup in the market that caused three energy issuers to pull deals earlier in the month.
A number of power sector borrowers have been busy in both the term loan ‘B’ and high yield bond markets in recent weeks, with Talen Energy Supply, TerraForm Power, Calpine Corp and NRG Energy either refinancing or repricing debt.A dip in investor sentiment in mid-November that led NRG to delay its ...
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