The first quarter of 2009 has been marked by companies seeking to cope with debt burdens and tumbling through the familiar cycle of amended credit agreements and debt exchanges...
Spectrum Brands, the Atlanta-based manufacturer of Rayovac batteries and Remington shavers, has secured a $235 million debtor-in-possession loan from Wachovia...
Whatever optimism American citizens shared in welcoming a new president into office did not take root on the high yield secondary market last week, which saw no kinetic energy from equity gains and quickly lost what few gains it made...
More investors dipped their toes into the high yield market last week, but market observers say that a full economic recovery is still at least months away...
As the holidays approach, the credit crisis Grinch has left his mark on the high yield market. While high yield investors know that low prices on bonds mean opportunities, they are holding on until volatility dissipates...