3/28/2025 | DD | Market Commentary: Xerox, Hertz, Gray Media distressed notes lower; secondary ‘sloppy’ in heavy volatility
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3/27/2025 | DD | Market Commentary: Xerox bonds remain at distressed levels after rally; auto tariffs weigh on markets
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3/25/2025 | DD | Market Commentary: Michaels moves higher; Hertz mixed; Bausch distressed bonds drop; stress cracks appear
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3/24/2025 | DD | Market Commentary: Michaels distressed bonds rally; markets buzz on tariff cuffs; Hertz positive
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3/21/2025 | DD | Market Commentary: Hertz notes lower; markets limp back; Herbalife better on week as product interest slows
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3/20/2025 | DD | Market Commentary: Hertz bonds slammed; Sunnova Energy declines; Bausch distressed bonds jump; Scripps up
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3/19/2025 | DD | Market Commentary: Distressed secondary active; Hertz notes extend declines; Nine Energy secureds lower
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3/18/2025 | DD | Market Commentary: Hertz notes stumble after accountant resignation; Sunnova Energy gains; QVC slips
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3/14/2025 | DD | Market Commentary: New Fortress Energy, Hertz bonds bounce higher; Sunnova Energy up on week; demand slows
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3/13/2025 | DD | Market Commentary: Hertz slides; Fortress drops; Sunnova up; pharma pressured on Mallinckrodt, Endo deal
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2/13/2025 | DD | Market Commentary: Hertz bonds drop post earnings results; Allen Media quiets; Sinclair Television steadies
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2/11/2025 | DDHYLM | Hertz releases proposals from litigation negotiations with noteholders
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2/10/2025 | DDHY | Hertz in talks with holders of notes from four series over litigation
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12/5/2024 | BKCVDDEMIGPV | Market Commentary: Junk primary prices $2.38 billion; Hertz jumps on capital raise; funds add $429 million
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12/5/2024 | BKCVDDHY | S&P cuts Hertz senior secured debt
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12/2/2024 | BKCVDDEMIGPV | Market Commentary: Ryan Specialty prices add-on; Gray Television active; Staples under pressure; Nissan lower
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11/19/2024 | BKCVDDHY | S&P downgrades Hertz; outlook negative
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11/15/2024 | DD | Market Commentary: Hertz senior notes gain, stronger on week; Newfold distressed bonds rise; Michaels down
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11/12/2024 | DD | Market Commentary: Hertz bonds active; Gray TV inches back to recovery; DISH quiet before tender deadline
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7/19/2024 | DD | Market Commentary: Walgreens weakens on junk status; Hertz securities mixed; Spirit Airlines moves lower
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7/11/2024 | DD | Market Commentary: Hertz on rebound, paper adds to gains; Michaels’ notes edge higher; Level 3 climbs
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6/20/2024 | BKCVDDHY | S&P cuts Hertz Global, rates notes BB-
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6/10/2024 | DD | Market Commentary: iHeartCommunications notes move higher; Hertz senior paper pressured; AMC up on week
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5/7/2024 | BKDDHY | S&P snips Hertz Global Holdings
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11/17/2021 | BKDDHY | Moody's ups Hertz, assigns notes Caa1
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11/17/2021 | BKDDHY | S&P hikes Hertz Global, rates notes B
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6/30/2021 | DD | Hertz emerges from bankruptcy, slashes over $5 billion in debt
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6/10/2021 | DD | Market Commentary: Hertz mixed; Washington Prime declines; Moss Creek gains; Peabody higher; AMC better
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6/10/2021 | DD | Hertz Chapter 11 plan confirmed, eyes emergence by June 30
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6/9/2021 | DD | Hertz, second-lien noteholders resolve objections to Chapter 11 plan
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6/8/2021 | DD | Hertz’s existing equity holders vote to accept Chapter 11 plan
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6/7/2021 | DD | Market Commentary: Hertz mixed; CWT, AMC, GEO, Peabody, Consol, Nine, Transocean up; Mallinckrodt lower
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6/4/2021 | DD | Market Commentary: Hertz mixed; AMC continues climb; Transocean flat; GEO up; Endo stable; Mallinckrodt off
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6/2/2021 | DD | Market Commentary: Hertz mostly softens; CBL notes higher; Peabody rallies; Consol dips; AMC trades higher
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6/2/2021 | DD | Hertz plan draws objection from second-lien trustee, noteholders
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5/24/2021 | DD | Market Commentary: CBL notes improve; Hertz, Diamond Sports mixed; Mallinckrodt up; Endo declines
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5/20/2021 | DD | Market Commentary: Talen, Gran Tierra bonds decline; Peabody, TPC, Hertz higher; Mallinckrodt softens
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5/18/2021 | DD | Market Commentary: Washington Prime falters; Hertz dips; AMC rallies; Gran Tierra up; Frontera Energy down
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5/17/2021 | DD | Market Commentary: Hertz notes rebound; Nabors unchanged; Transocean, NGL quiet; Mallinckrodt, Endo higher
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5/17/2021 | DD | Hertz gets court OK of Knighthead, Certares, Apollo as plan sponsors
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5/14/2021 | DD | Market Commentary: Hertz heads higher; AMC, PBF notes improve; Transocean flat; Peabody stronger on week
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5/14/2021 | DD | Hertz files new plan of reorganization; confirmation hearing June 10
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5/13/2021 | DD | Market Commentary: PBF higher; Transocean, NGL, Talen, Nabors decline; Peabody rallies; Hertz softens
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5/12/2021 | DD | Market Commentary: Hertz mixed as Chapter 11 exit nears; Consol, Peabody stronger; Nabors flat; Talen up
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5/12/2021 | DD | Hertz picks $6 billion plan proposal from Knighthead, Certares, Apollo
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5/10/2021 | DD | Market Commentary: Revlon notes move lower; Transocean paper rallies; Hertz, Washington Prime improve
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5/7/2021 | DD | Market Commentary: Hertz mixed; Tullow Oil active; Shelf Drilling up; Mallinckrodt slips; Endo gains
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5/5/2021 | DD | Hertz: Knighthead, Certares and Apollo take lead in plan bidding war
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5/4/2021 | DD | Hertz gets enhanced proposal from Knighthead, Certares and Apollo
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4/29/2021 | DD | Hertz secures approval of bid, auction procedures for plan proposals
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4/26/2021 | DD | Hertz seeks court approval to sell some assets to GSP Transportation
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4/26/2021 | DD | Hertz seeks approval of bid, auction procedures for plan proposals
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4/22/2021 | DD | Hertz disclosure statement approved; confirmation hearing June 10
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4/21/2021 | DD | Hertz files fourth amended plan after receiving enhanced proposals
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4/19/2021 | DD | Hertz files amended Chapter 11 plan; statement hearing April 21
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4/14/2021 | DD | Hertz secures exclusivity extension to ‘maintain stability’ of cases
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4/13/2021 | DD | Hertz Global disclosure statement draws objection from U.S. trustee
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4/6/2021 | DD | Market Commentary: AMC bonds continue upswing; CBL modestly softer; Hertz mixed; Nabors, PBF trade higher
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4/5/2021 | DD | Hertz selects Centerbridge, Warburg and Dundon as plan sponsors
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4/1/2021 | DDHYLM | Hertz UK Receivables will no longer implement scheme of arrangement
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3/30/2021 | DD | Hertz Global receives competing plan proposal; negotiations continue
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3/30/2021 | DD | Hertz completes $891 million sale of Donlen unit to Athene affiliate
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3/29/2021 | DD | Hertz seeks court approval to sell Nebraska assets to franchisee
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3/22/2021 | DD | Hertz seeks exclusivity extension to ‘maintain stability’ of cases
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3/2/2021 | DD | Hertz Global files plan of reorganization; statement hearing April 16
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2/23/2021 | DD | Hertz names Athene affiliate as winning bidder for Donlen unit
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2/16/2021 | DDHYLM | Hertz UK Receivables scheme sanction hearing rescheduled for March 9
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2/2/2021 | DDHYLM | Hertz UK Receivables scheme sanction hearing rescheduled for Feb. 18
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1/13/2021 | DD | Hertz gets approval of up to C$400 million fleet financing facility
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12/18/2020 | DD | Hertz gets court approval of bid procedures for sale of Donlen unit
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12/8/2020 | DDHYLM | Hertz UK to hold consent solicitation hearing Dec. 11 to approve scheme
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12/2/2020 | DD | Market Commentary: Bombardier notes better after sale conditions met; Endo up on BioSpecifics acquisition
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12/1/2020 | DD | Market Commentary: Transocean notes in focus after amendment news; Hertz trades higher in secondary market
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11/30/2020 | DD | Market Commentary: Hertz notes drop as Donlen purchase agreement reached; AMC eyed in theater space
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11/30/2020 | DD | Hertz enters lock-up agreement to restructure European operations
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11/30/2020 | DD | Hertz enters asset purchase agreement with Athene to sell Donlen unit
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11/6/2020 | DD | Market Commentary: Hertz notes decline after financing news; PetSmart lower following ratings actions
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11/5/2020 | DD | Market Commentary: Laredo Petroleum notes improve on earnings; Cinemark better in entertainment space
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10/22/2020 | DD | Market Commentary: American Airlines notes rise despite posting loss; Hertz paper eyed in travel space
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10/19/2020 | DD | Market Commentary: Gulfport Energy notes sink after interest payment skipped; AMC trades actively, flat
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10/16/2020 | DD | Market Commentary: Hertz notes gain on DIP financing news; GTT Communications improves on sale agreement
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10/6/2020 | DD | Market Commentary: American Airlines notes eyed as stimulus talks halt; Hertz trades mixed in travel space
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10/5/2020 | DD | Market Commentary: AMC notes decline as industry sees closures; American Airlines eyed amid aid talks
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9/30/2020 | DD | Market Commentary: Oasis Petroleum notes boosted after bankruptcy news; Bombardier eyed in manufacturing
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9/30/2020 | DDHYLM | Hertz Holdings Netherlands updates on consents from noteholders
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9/29/2020 | DD | Market Commentary: American Airlines notes head lower on travel worries; Hertz drops as CFO resigns
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9/25/2020 | DD | Market Commentary: United Airlines notes eyed amid deal with pilots; Hertz driven lower in travel space
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9/23/2020 | DDHYLM | Hertz Holdings Netherlands seeks consents from 6%, 6 1/8% noteholders
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9/22/2020 | DD | Market Commentary: Bombardier notes lower amid deal news; Hertz better as bankruptcy financing sought
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8/28/2020 | DD | Market Commentary: Hertz notes decline as bankruptcy loan sought; American Airlines eyed in travel space
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8/18/2020 | DD | Market Commentary: Revlon notes gain amid lender dispute; Antero Resources eyed as new issues price
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8/17/2020 | DD | Market Commentary: Hertz notes eyed after CFO change; Whiting rises as restructuring approved by court
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8/14/2020 | DD | Market Commentary: Whiting eyed as CEO change announced; Revlon notes decline amid dual lender disputes
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8/13/2020 | DD | Market Commentary: Revlon notes decline as lenders sue; Antero Resources trades down on ratings action
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8/12/2020 | DD | Market Commentary: Transocean eyed as exchange offers get underway; Hertz notes trade lower in secondary
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8/11/2020 | DD | Market Commentary: Hertz notes off on Q2 results, financing news; Occidental declines after earnings
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7/27/2020 | DD | Market Commentary: Bombardier notes gain on regulatory news; American Airlines lower in travel space
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7/24/2020 | DD | Market Commentary: Hertz notes eyed as lease settlement approved; Scientific Games rises after Q2 results
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7/22/2020 | DD | Market Commentary: Bombardier notes gain as term loan arranged; AMC drifts as lenders claim default
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7/21/2020 | DD | Market Commentary: Hertz notes in focus as lender deal struck; Extraction Oil paper gains in energy space
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7/6/2020 | DD | Market Commentary: GTT Communications notes improve as interim CEO named; PG&E eyed post-bankruptcy
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7/2/2020 | DD | Market Commentary: PG&E notes gain after company exits bankruptcy; Hertz trades up on analyst upgrade
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7/1/2020 | DD | Market Commentary: Exela notes drop on first-quarter earnings; CBL eyed after entering forbearance deal
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6/26/2020 | DD | Market Commentary: Existing Occidental notes trail as new tranches price; PG&E lower after equity offering
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6/26/2020 | BKDDHY | S&P stops rating Hertz Global
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6/25/2020 | DD | Market Commentary: Occidental Petroleum active as new notes offered; Rite Aid better as exchange starts
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6/24/2020 | DD | Market Commentary: Hertz notes eyed after analyst comments; American Airlines declines in travel space
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6/22/2020 | DD | Market Commentary: PG&E notes rise after restructure approval; American Airlines up in travel space
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6/19/2020 | DD | Market Commentary: Chesapeake notes in focus as interest payment skipped; PG&E up after new notes price
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6/18/2020 | DD | Market Commentary: Hertz notes drop after company nixes share offering; U.S. Steel better on stock sale
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6/17/2020 | DD | Market Commentary: Hertz notes drop as company halts share offering; Intelsat up after DIP loan approved
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6/16/2020 | DD | Market Commentary: PG&E notes rise after judge signals exit support; Chesapeake better in energy space
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6/15/2020 | DD | Market Commentary: Hertz notes eyed as company preps stock sale; Pyxus rises after bankruptcy filing
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6/15/2020 | DD | Hertz gets court approval to sell up to $1 billion in common shares
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6/12/2020 | DD | Market Commentary: Hertz notes jump as stock offering floated; American Airlines rises in travel space
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6/11/2020 | DD | Market Commentary: PG&E notes trade lower as new board elected; Bombardier declines amid layoff news
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6/10/2020 | DD | Market Commentary: Hertz notes eyed after delisting warning; PetSmart heads lower on subsidiary earnings
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6/9/2020 | DD | Market Commentary: Hertz notes lower after analyst input; Chesapeake trades lower amid bankruptcy talk
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6/8/2020 | DD | Market Commentary: PG&E notes gain as financing plans released; Hertz paper spikes on recovery hopes
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6/5/2020 | DD | Market Commentary: Hertz notes jump on positive economic outlook; PG&E trades lower in utilities space
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5/29/2020 | BKCVDDEMHY | Prospect News reports seven new defaults for week of May 21-May 27
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5/28/2020 | DD | Market Commentary: Hertz notes improve as large equity investor exits; Occidental jumps as investors sue
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5/27/2020 | DD | Market Commentary: Intelsat rises as company joins FCC plan; Hertz notes trade higher on economic hopes
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5/27/2020 | BKDDHY | S&P sinks Hertz Global
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5/26/2020 | DD | Market Commentary: Hertz eyed after bankruptcy news; United Airlines notes higher on positive sentiment
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5/26/2020 | DD | Hertz seeks court OK of first-day motions to continue operations
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5/26/2020 | DDHYLM | Hertz unit seeks waivers to postpone acceleration of €725 million of notes in two series
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5/22/2020 | BKDDHY | Hertz files for Chapter 11 with $1 billion in cash on hand
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5/22/2020 | DD | Market Commentary: Hertz trades up on deadline day; Superior Energy jumps as merger abandoned
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5/20/2020 | DD | Market Commentary: Airlines continue to get lifted; Avis on the rise; Hertz forbearance deadline looms
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5/13/2020 | DD | Market Commentary: Uniti notes eyed after earnings report; SM Energy diverges amid early tender results
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5/12/2020 | DD | Market Commentary: Hertz eyed on going-concern news; Cleveland-Cliffs notes trade up after earnings beat
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5/8/2020 | DD | Market Commentary: Washington Prime trades higher despite earnings; PG&E notes better after fine waived
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5/7/2020 | DD | Market Commentary: Hertz notes in focus as ratings downgraded; Bombardier paper active on earnings miss
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5/7/2020 | BKDDHY | S&P cuts Hertz Global to SD
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5/6/2020 | DD | Market Commentary: Occidental notes decline after earnings report; Adient rises on first-quarter results
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5/5/2020 | DD | Market Commentary: Hertz notes active on forbearance news; L Brands paper drops after asset sale nixed
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5/4/2020 | DD | Market Commentary: Hertz notes eyed amid report adviser hired; L Brands active as sale of unit cancelled
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5/1/2020 | DD | Market Commentary: Chesapeake Energy notes lower on ratings downgrade; PG&E notes drop on earnings miss
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4/30/2020 | DD | Market Commentary: Chesapeake Energy eyed as company mulls bankruptcy; Hertz notes mixed in rental space
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4/29/2020 | DD | Market Commentary: Hertz notes trade lower as lease payment skipped; SM Energy rises despite earnings loss
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4/28/2020 | DD | Market Commentary: Hertz notes trader higher despite ratings downgrade; L Brands gains on market optimism
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4/28/2020 | BKDDHY | S&P slashes Hertz Global, Hertz
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4/27/2020 | DD | Market Commentary: Diamond Offshore drops after bankruptcy news; Hertz notes rise despite ratings cut
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4/24/2020 | DD | Market Commentary: Hertz notes decline as company hires advisers; Whiting eyed amid restructuring plan
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4/23/2020 | DD | Market Commentary: Chesapeake Energy notes eyed amid stock maneuver; L Brands active in retail space
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4/22/2020 | DD | Market Commentary: L Brands notes decline on asset sale uncertainty; PG&E active as CEO eyes departure
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4/21/2020 | DD | Market Commentary: Hertz notes decline after layoff announcement; Valaris bonds drop on bankruptcy talk
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4/20/2020 | DD | Market Commentary: Chesapeake Energy lower as oil futures crash; Bombardier rises as production ramps up
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4/17/2020 | DD | Market Commentary: AMC Entertainment improves as new notes eyed; Frontier up despite ratings downgrade
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4/16/2020 | DD | Market Commentary: Hertz spirals lower as company seeks financial rescue; Rite Aid drops on earnings
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4/2/2020 | DD | Market Commentary: WeWork notes up despite scrapped tender offer; Whiting Petroleum higher in energy space
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6/13/2019 | DD | Market Commentary: Hertz spikes on rights offering; Frontier mixed in telecom space
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6/13/2019 | BKCVDDEMIGPV | Market Commentary: Radian, Renal Care price; MCC for Friday; Nexstar on tap; Harsco, Cumulus, Outfront in focus
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5/7/2019 | DD | Market Commentary: Dean Foods better despite negative earnings; Mallinckrodt mixed on earnings beat
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2/26/2019 | DD | Market Commentary: Alta Mesa notes crash after financial reporting news; Windstream issues gain as bankruptcy process starts
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6/29/2017 | DD | Market Commentary: Rite Aid gains after Walgreens opts for assets; energy ticks higher as oil rises; Valeant lower
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6/28/2017 | DD | Market Commentary: California Resources, EP Energy gain as oil goes higher; Valeant ticks up; Hertz quiets
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6/27/2017 | DD | Market Commentary: Energy higher following surge in oil prices; hospitals mixed following health care slowdown; Hertz puts on brakes
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6/26/2017 | DD | Market Commentary: Hertz higher after rumors brew around potential Apple partnership; Rite Aid rises on FTC speculation; E&P up
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5/17/2017 | DD | Market Commentary: Intelsat ‘bucking trend’ on lower day; Avaya down following objection; Noble gets back
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5/16/2017 | BKCVDDEMIGPV | Market Commentary: Primary quiet, but SunCoke, First Cash, Delek hit road; new Cheniere notes continue climb
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5/16/2017 | DD | Market Commentary: Noble Group continues to leak after downfall; Intelsat extends offer, off ‘a little bit’; GenOn Energy mixed
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5/15/2017 | DD | Market Commentary: Firmer oil prices boost energy names; car-rental bonds in a skid; Penney paper mostly stable after Friday fall
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5/15/2017 | BKCVDDEMIGPV | Market Commentary: Cheniere unit drives by with $1 billion deal; oil issues up with crude, car rentals skid
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5/10/2017 | DD | Market Commentary: Frontier leads with slight gain; Valeant ‘wildly active’; Intelsat pares losses; Concordia up on earnings
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5/9/2017 | DD | Market Commentary: Valeant sees big gains after debt reduction; Hertz down on earnings miss; Intelsat lower ahead of exchange deadline
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5/8/2017 | DD | Market Commentary: California Resources leads most-active for second-straight session; GenOn, Talen higher; Neiman unchanged
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5/3/2017 | DD | Market Commentary: Earnings-related activity moves Community Health, Fresh Market, CF Industries; California Resources goes low
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5/2/2017 | DD | Market Commentary: Community Health jumps on results; Valeant follows after annual meeting; California Resources drops
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5/1/2017 | DD | Market Commentary: Petsmart higher after Friday drop; Community Health, Valeant unresponsive to earnings, debt reduction
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4/21/2017 | DD | Market Commentary: Ocwen rebounds after Thursday plunge; California Resources continues to tick down; Valeant falls
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4/17/2017 | DD | Market Commentary: Avaya higher on reorganization plan filing; health care largely unchanged following HCA’s forecast; Hertz up
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4/12/2017 | DD | Market Commentary: Toys ‘R’ Us up several points after posting fourth quarter results; Endo International rebounds; Valeant down
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4/10/2017 | DD | Market Commentary: E&P’s trade tight after oil gains for fifth day; Endo higher after offering announcement; Petsmart volume heavy
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4/6/2017 | DD | Market Commentary: Energy names firm as oil prices continue gains; Hertz brakes slide seen on Tuesday
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4/4/2017 | BKCVDDEMIGPV | Market Commentary: Purely junk market quiet, but split-rated Cenovus, emerging Borets price; Park-Ohio on tap
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4/4/2017 | DD | Market Commentary: Intelsat trades higher as day’s volume-heavy issue; Hertz down on auto industry woes; oil, E&P on the up
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4/3/2017 | DD | Market Commentary: Energy Future pares losses from Friday’s session; Community Health sees small loss; Hertz down with auto industry
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2/16/2017 | DD | Market Commentary: Hornbeck Offshore down big after Q4 results; Murray continues upsurge; Valeant, Avaya, Hertz down
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2/6/2017 | DD | Market Commentary: Community Health active; Vanguard Natural continues losses after Chapter 11; Neiman down
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1/31/2017 | DD | Market Commentary: Intelsat sees softer gains; Community Health up on fellow hospital operator results; pharma down; Peabody up
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1/26/2017 | DD | Market Commentary: Quiet day capped by more Avaya activity; Intelsat rises; Bonanza down slightly post-settlement; E&P up
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11/8/2016 | BKCVDDEMIGPV | Market Commentary: Primary stays quiet, Telesat Canada downsizes, CF deal seen high-grade; Valeant, Hertz dip
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5/25/2016 | BKCVDDHYIGPV | Market Commentary: Albertsons, Hertz, MultiPlan megadeals lead considerably busier day; new deals trade up
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12/22/2011 | BKDDHY | S&P upgrades Dollar Thrifty
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4/29/2009 | DD | Market Commentary: Hertz notes improve despite weak numbers; GM structure mixed; MGM Mirage bonds moving higher
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4/7/2009 | DD | Market Commentary: MGM doing better on investment news; GM notes active, Ford moving higher; Hertz bonds rack up gains
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4/3/2009 | DD | Market Commentary: Sprint Nextel bonds gain despite downgrade; Hertz paper continues to climb on acquisition news
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4/1/2009 | DD | Market Commentary: GM, Ford decline on sales report; Hertz bonds fall on downgrade; Idearc mostly steady; Station firm
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3/25/2009 | DD | Market Commentary: WaMu loses ground on JPMorgan lawsuit; First Data debt better; Las Vegas Sands loan continues climb
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3/23/2009 | DD | Market Commentary: Ford gains ground on tender offer update; MGM slips on Dubai World lawsuit; Hertz loan, bonds improve
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2/24/2009 | DD | Market Commentary: Hertz hurt by fourth-quarter results; Station mixed, Boyd continues retreat; Energy Future, TXU drop
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