The bank meeting to launch the $325 billion Applica Pet Products credit facility went on Tuesday, despite setbacks with the M&A deal. Credit Suisse and GE Capital Markets are marketing a $300 million first-lien term loan B and a $25 million revolver...
The high yield market wasted no time in slipping into its slower summer mode in secondary trading, as losses were larger than gains and volumes were down...
Barclays in two weeks will issue $325 million in senior secured notes due 2016 for North American Energy Alliance, a source close to the deal said...
In the leveraged buyout world, the jury is still out on whether private equity companies and big corporations make for brilliant duos when they team up for corporate acquisitions...
More bad economic news hit the markets last week, as high yield investors tried to keep playing it safe. The coming summer promises a further slowdown...