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Rice Energy Prices $900M in HY

– 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.

Denbury Sells $1.25B in Bonds

– 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.

Language Line Proposed $735M Loan

– 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.

Athlon Taps Bond Market for $650M

– 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.

IACPM: Mixed Outlook on Spreads, Defaults

– 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.

Rocket Software Seeks $725M Loan Facility

– Rocket Software, a niche provider in the infrastructure software industry, has launched a $725 million loan proposal through Jefferies.

Florida East Coast Sells $1.15B in HY

– Jacksonville, Fla.-based freight railroad operator Florida East Coast Holdings priced a two-part, $1.15 billion high yield bond offering Tuesday.

Printpack Offers $350M Loan

– 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.

Sterling Infosystems Launches $315M Loan Offer

– 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.

Denbury Selling $1.1B in Bonds

– 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.

Bloomin’ Brands Shops $600M in New Loans

– 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.

Three HY Veterans Launch Advisory Firm

– Martin Fridson, Richard Lehmann and Michael Livian, have launched Lehmann, Livian, Fridson Advisors LLC (LLFA), a new investment advisory firm.

Athlon to Tap HY Market for $500M

– 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.

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