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.
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.
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.
Martin Fridson, Richard Lehmann and Michael Livian, have launched Lehmann, Livian, Fridson Advisors LLC (LLFA), a new investment advisory firm.
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.
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.
Jacksonville, Fla.-based freight railroad operator Florida East Coast Holdings priced a two-part, $1.15 billion high yield bond offering Tuesday.
Media company Time Inc. sold $700 million in 5.75% senior notes due 2022 in an offering upsized from $500 million. Parsley Energy, added on $150 million in 7.5% senior notes due 2022.
Caesars Entertainment priced $675 million in 9.375% senior secured, second-lien notes due 2022. Proceeds from the bonds will help finance a $2.2 billion asset sale.
Andrew Wilmont has joined Neuberger Berman Group as lead European high yield portfolio manager. Wilmont was most recently the head of high yield investments at Alcentra.