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...
A bank consortium shopping a $750 million term loan for Solutia on Thursday tightened the loan's OID to 99.5 from 99 in the hours approaching the 5 p.m. commitment deadline...
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...
Financial services giant GMAC launched a successful drive-by on the high yield market Wednesday, taking in $1.5 billion in an upsized offering...
Fort Wayne, Ind.-based steel producer Steel Dynamics is striking while the high yield bond iron is hot, in hopes of raising $300 million to repay debt, it announced today...