Apr 17, 2014 Rice Energy sold $900 million in a junk bond offering Thursday that was upsized from $750 million. It plans to use the proceeds to repay and retire its second-lien term loan debt.
Apr 17, 2014 Oil and natural gas provider Denbury Resources sold $1.25 billion in a bond offering upsized from $1.1 billion. The company plans to use the proceeds to repurchase existing bonds. The Plano, Texas-based company will use the proceeds to repurchase all of its $996.3 million in 8.25% senior subordinated notes due 2020 via a tender offer.
Apr 17, 2014 Language Line LLC, a firm offering over-the-phone interpretation services, is in the market with a $735 million loan offer, according to KDP Investment Advisors.
Apr 17, 2014 Fort Worth, Texas-based Athlon Energy issued $650 million in 6% senior notes due 2022. Endeavor Energy sold $250 million in add-on 7% senior notes due 2021.
Apr 17, 2014 While the outlook for credit spreads have improved worldwide, particularly in Europe, defaults are expected to take a turn for the worse, according to a quarterly credit outlook survey by the International Association of Credit Portfolio Managers released today.
Apr 17, 2014 Rocket Software, a niche provider in the infrastructure software industry, has launched a $725 million loan proposal through Jefferies.
Apr 16, 2014 Jacksonville, Fla.-based freight railroad operator Florida East Coast Holdings priced a two-part, $1.15 billion high yield bond offering Tuesday.
Apr 16, 2014 Printpack Holdings, parent firm of an Atlanta-based specialty packaging company, has launched a $350 million term loan B offer, according to KDP Investment Advisors.
Apr 16, 2014 Sterling Infosystems is shopping a $315 million loan package, including a $290 million, seven-year term loan to fund a dividend and pay off an existing term loan, according to agency ratings reports.
Apr 16, 2014 Oil and natural gas provider Denbury Resources is selling $1.1 billion in senior subordinated notes due 2022. The company plans to use the proceeds to repurchase existing bonds.
Apr 16, 2014 OSI Restaurant Partners, the operating subsidiary of the Bloomin Brands chain of casual dining restaurants, is proposing $600 million in new incremental loans to refinance existing debt, according to ratings agency reports.
Apr 16, 2014 Martin Fridson, Richard Lehmann and Michael Livian, have launched Lehmann, Livian, Fridson Advisors LLC (LLFA), a new investment advisory firm.
Apr 16, 2014 Athlon Energy is on the market with an offering of $500 million in senior notes due 2022. The company will use the proceeds to help fund acquisitions.