Of 278 issues being monitored by Standard & Poor's for their distressed standing, 95 are in the oil and gas sector and 45 are in metals/mining.
Recent bankruptcy filings out of the sector have pushed up default rates for metals/mining, according to Fitch.
Web data security firm DigiCert has lined up financing from Jefferies and Fifth Street Asset Management to finance its buyout announced Friday by private equity firm Thoma Bravo.
Investors removed more than $1.6 billion from junk bond mutual funds and ETFS. Their bank loan counterparts saw net withdrawals totaling $796 million.
Citizens Bank served as the sole lead arranger, bookrunner and administrative agent for the transaction.
The $510 million ACAS CLO 2015-2 complies with European risk retention requirements; CIFC Funding 2015-IV has split its senior notes into two tranches, one floating-rate and the other fixed-rate.
Innovative XCessoris & Services (IXS), a manufacturer of aftermarket automobile parts and accessories, allocated a downsized $95 million loan in line with price talk Wednesday.
Jet Support Services, an independent operator of aircraft maintenance support and financial services programs to the business aviation industry, has priced a $175 million term loan B wide of price talk.
SRS Distribution, a Texas-based roofing repair industry supplier, has set final terms on its $325 million first-lien term loan at the price talk levels proposed before last weeks allocation.
An ample reserve of $1.8 billion in cash and short-term investment liquidity is expected to be the source of funding of DaVita's $415 million acquisition of Renal Ventures.
Firm: Guggenheim Securities
In the news: Guggenheim Securities Brings On Restructuring Expert