Actavis' Botox Binge Puts Investment Grade Ratings at Risk

By Glen Fest

Moody’s Investors Service, for one, is skeptical of how much free cash flow earnings the combined companies will have through 2016. It thinks that plans for reducing leverage within a year of closing are in need of a makeover.

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RSI Slated for Junk Bond Sale

– The proceeds will be used to finance a tender offer for its $525 million 6.875% second lien senior secured notes due 2018.

Peabody Energy Looks to Tap HY Mart for $1B

– Proceeds from the seven-year senior secured second lien notes will be used to repurchase the company's 7.375% bonds due 2016.

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E*TRADE Driving By with $460M 8-Year Bonds

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