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Volatility Strikes! Koppers Pulls $400M Bond Deal

Koppers, a chemical producer based in Pittsburgh, scrapped a $400 million bond sale due to unfavorable market conditions. It also cancelled a tender offer for its $300 million of outstanding 7.875% senior notes due 2019, which was to be funded by the new issuance.


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Latest News

Price Talk, Ratings Attached $8.5B Dollar Tree Debt

– Dollar Tree was assigned its first-ever, speculative grade ratings Monday as price talk terms emerged for part of the nearly $8.5 billion debt package that will be used to finance its long-sought Family Dollar acquisition.

4Q14: S&P Moved the Needle Towards Upgrades

– Fourth quarter 2014 ended with more upgrades for U.S. speculative grade companies than downgrades, S&P says.

Heinz Prices $2B Senior Notes

– H.J. Heinz has issued 10-year senior notes in the high yield bond market. The bonds priced at par.

Acadia Offering $500M Term Loan B

– The behavioral care facility operator most recently completed a $235 million term loan add-on to pay off revolver debt, according to regulatory filings from the Nashville, Tenn.-based firm.

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