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...
Investors in loans and bonds made to junk-rated U.S. companies should expect less back on their investments than in past years if borrowers start defaulting, according to a report from Moody's Investors Service...
As a result of its acquisition of PNA Group on June 17, Reliance Steel & Aluminum will issue as much as $750 million in debt come the end of the summer...
In its first move into high yield bonds, Pali Capital, the U.S. broker-dealer subsidiary of Pali Holdings, has launched a high yield trading desk in New York...
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...