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Virgin Media, the UK cable TV, mobile and fixed line telephone and internet group, has announced its first bond issue since the financing for its takeover by US cable investment group Liberty Global in February 2013. The deal is set to be the largest sterling high yield issue of 2014 so far.
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CNH Industrial has sold its first bond since the merger of Fiat Industrial and CNH Global, raising €1bn and attracting a €3.5bn book from over 280 accounts before reconciliation.
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Ceva Logistics, the Dutch freight business owned by Apollo Management, wants to refinance its debt with new bonds and loans.
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Global Ship Lease returned to the high yield market for its debut bond issue on Tuesday, after pulling the deal in December. The London-based container ship lessor sold $420m of bonds.
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The high yield bond flurry by Spanish issuers carried on this week, with strong issues from two debut borrowers. Solid demand allowed Grupo Isolux Corsan to increase its bond by €200m, while Grupo Antolin-Irausa accelerated its deal by a day.
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Virgin Media, the UK cable TV, mobile and fixed line telephone and internet group, has announced its first bond issue since the financing for its takeover by US cable investment group Liberty Global in February 2013.