Latest News

Lyondell Seeks $3.25B for Exit Financing

March 12, 2010 – LyondellBasell is looking to raise $3.25 billion in exit financing, the Houston-based company said late Thursday. The package will include both junk bonds and a senior term loan facility. The chemical company plans to issue $2.25 billion...

HY Fund Inflows Set Record

March 12, 2010 – High yield bond funds took in more than $1 billion for the week ending March 10, research firm EPFR Global said today. The total marks the highest weekly inflow since the firm began tracking fund flows...

Banks Prep $150M TLB, Notes for Prestige Brands

March 12, 2010 – Bank of America Merrill Lynch and Deutsche Bank have arranged a $150 million term loan B and $150 million in senior notes for Irvington, N.Y.-based Prestige Brands...

• Banks Tighten Solutia’s OID at Last Minute
• KKR Revamps Asset Management Debt Team
• JPM Shops $800M TL for Quad/Graphics

More

Blogs

Featured Articles

Tribune Is Credit Market’s Next Battlefront

March 11, 2010 – There is brawl underway in the Windy City, but not between fans of the Cubs and the Sox. Bondholders of media giant Tribune are rumbling with the banks that arranged the company’s...

Broadpoint’s Malas: A Chance for Small Firms

March 11, 2010 – Bulge-bracket banks may be back, but Lex Malas, head of the debt capital markets origination group with Broadpoint Gleacher, still sees opportunities for smaller players. Malas joined Broadpoint Capital after serving with Deutsche Bank...

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...

More