Top Section/Ad
Top Section/Ad
Most recent
Disruptive US economic policy has not yet dented credit appetite
High yield investors nibble at IG names, as credit investors brace for ‘trillions’ unlocked from money market funds
Embattled utility makes final plea for court to sanction £3bn in emergency funding
Thames Water refinancing battle is an unedifying mess
More articles/Ad
More articles/Ad
More articles
-
Norwegian offshore drilling company Seadrill is looking to sell $1bn of senior unsecured notes to investors on both sides of the Atlantic.
-
Cabot Financial, an acquirer and manager of defaulted consumer debt in the UK, plans to enter the European high yield market with a debut bond.
-
Ocean Rig, the Norwegian offshore drilling contractor, has announced investor meetings and plans to raise $750m in the international high yield market.
-
Europe’s high yield market made a very strong start to the September issuance season, with four deals in a week, totalling €1.34bn equivalent. Several were impressive successes, including Unitymedia, the German cable operator, which sold €650m of 10 year bonds on Wednesday — €250m more than planned — and at its tightest ever coupon.
-
Unitymedia took advantage of favourable market conditions on Wednesday, when the iTraxx came in by 12bp intraday, to launch a €400m 10 year bond, rated Ba3/BB-.
-
Wells Fargo-owned ECM Asset Management is attempting to overcome the inconsistency of deal flow in leveraged loans and high yield bonds by combining both products into one fund.