Latest News

JPM Shops $800M TL for Quad/Graphics

March 11, 2010 – JPMorgan on Wednesday hit the market with an $800 million term loan to help facilitate the merger between Quad/Graphics and Worldcolor Press...

Banks Set OID on N.E.W. Facility

March 11, 2010 – A bank consortium shopping a $1.1 billion credit facility for N.E.W. Customer Service has set an OID of 99 on a $700 million first-lien term loan and a $400 million second lien...

Huntsman HY Offering Hits Market

March 11, 2010 – Chemical provider Huntsman plans to issue $250 million in junk bonds to take out existing debt, the Woodlands, Texas-based company said...

• BofA Ups Coupon, Widens OID on Provo TL
• Weather Channel's $1.3B TL Hits Market
• GMAC Drives By with $1B Junk Deal

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Blogs

Featured Articles

Investors Have Good Chemistry with Chemical Co. Solutia

March 4, 2010 – Investors this week seemed fond of the formula a bank group was concocting to market more than $1.3 billion in debt for chemical maker Solutia...

Health Care Gives Markets a Shot in the Arm

March 4, 2010 – Are health care deals just what the credit doctor ordered? Some market participants think so, seeing as a few recent health care issues have garnered a lot of attention...

Drop in HY Credit Quality Raises Worries

March 4, 2010 – Lower quality credits are finding a welcome reception on the junk bond market, and that worries some high yield players. But while some investors and analysts fear the market is too welcoming, others point out that most high yield deals are still being used to refinance more expensive debt...

Macquarie Expansion Starts in High Yield

March 4, 2010 – Macquarie Group, one of Australia’s largest commercial banks, is the latest foreign institution building an investment banking presence on Wall Street—and in this case, much of the focus will be on leveraged finance...

Investors Chat up Fresenius, Give Intergraph the Stink Eye

February 25, 2010 – Some investors are embracing a $1.2 billion term loan for Fresenius SE, while some are pushing back on a $300 million term loan for Intergraph...

CLO Consolidation Activity Surges

February 25, 2010 – At the onset of the credit crisis, market participants expected a wave of consolidation in the CLO market. The wave turned out to be little more than a ripple...

Companies Consider Junk Bonds to Exit Ch. 11

February 25, 2010 – The way out of the deep hole of bankruptcy could be a ladder of junk. As increasing numbers of companies climb out of Chapter 11 protection, more have begun to consider junk bonds to finance their exits...

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