Latest high yield corporate bond news

• Jumbo deals back in lev loan market with BMC buyout

  

  BMC Software, the US IT firm, has revealed the loan leg of the funding for its leveraged buyout by KKR, a $4.4bn facility in dollars and euros. It is the first multi-billion leveraged loan deal for four weeks, after a battery of large offerings early in May.

  • 04:45 PM

• IGT bets on new HY bond as trade war worries heat up

  

  International Game Technology is reading its comeback to bond issuance, seeking funding for a partial tender offer for two 2020 euro notes. Europe’s primary high yield market is back in action, too, but investors warn renewed talk of trade war between the US and China could disrupt the market.

  • 01:15 PM

• Greenland pushes out maturity with first HY property FRN

  

  Greenland Holding Group Co priced the first floating rate note (FRN) transaction from a Chinese high yield real estate company last Friday, finding sufficient demand to extend its maturity profile to September 2021.

  • 09:00 AM

• High yield sparks into life with €4.5bn in 'attractive mix' of deals

  

  Five borrowers displayed a heavy deal pipeline for acquisitions and refinancings on Monday, as secondary spreads tightened after a quiet week.

  • 18 Jun 2018

• Updated: Wuzhou lifts trading halt on shares and bonds, admits default

  

  Wuzhou International Holdings’ Hong Kong-listed shares and dollar bonds resumed trading on Friday after slumping heavily in late May. The reopening followed a filing from the company on Thursday evening admitting it has defaulted on some of its payment obligations.

  • 15 Jun 2018

• ECB cheers corp bond market by revealing expectations were right

  

  The European Central Bank surprised some corporate bond market participants on Thursday by setting out how it expects monetary policy to evolve over the next year and a half.

  • 14 Jun 2018

• Bankers, analysts weigh up bond outlook for next half

  

  Asia’s bond market suffered prolonged bouts of volatility in the first half of the year. Bankers, credit analysts and asset managers are trying to shake off the disappointments in both the primary and secondary markets, but the signs are not good. Addison Gong reports.

  • 14 Jun 2018

• Future Land rakes in $200m from fifth offshore bond of 2018

  

  Future Land Holdings Co raised $200m from a slightly unusual 3.75 year bond on Tuesday, but found investors distracted by the landmark Trump-Kim summit in Singapore.

  • 13 Jun 2018

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