Milestone Aviation plans to sell $350 million in senior notes due 2017. William Lyon Homes is offering $250 million in senior notes due 2022 and $50 million in add-on 5.75% senior notes due 2019.
EQT Midstream Partners, Compressco Partners, Ladder Capital and Consol Energy issued a combined $1.4 billion in new junk bonds Tuesday.
Universal Health Systems priced a two-part bond offering that totals $600 million. The hospital operator sold $300 million in 3.75% senior secured notes due 2019 and $300 million in 4.75% senior secured notes due 2022.
Albertsons Holdings LLC is on the market with a $1.625 billion bond offering to help finance its $9.2 billion merger deal with Safeway. The supermarket operator plans to issue senior secured notes due 2022.
According to sources, the loans pricing is Libor plus 325 bps, with a 99.5 cents on the dollar original issue discount and a 1% Libor floor. Original price talk was between 300 and 325 bps above Libor
Formula One is expected to allocate its more than $4 billion in loans today after setting final terms for a facility that will fund a shareholder distribution and refinance existing debt for the promotional and management arm of the FIA Formula One World Championship auto racing circuit.
Level 3 Communications drove by the market today to sell $1 billion in a deal upsized from $600 million. It will use the proceeds to help finance its $7.5 billion acquisition of tw telecom.
Universal Health Systems is on the market with a two-part bond offering that totals $600 million. The bonds could price as early as today.
Harland Clarke issued $175 million in 9.25% senior notes due 2021. Unifrax sold $45 million in an add-on 7.5% senior notes due 2019.
Level 3 Communications is on the market with an offering of $600 million in senior notes due 2022. The company plans to use the proceeds to help finance its $7.5 billion acquisition of tw telecom.