3/10/2025 | HY | Market Commentary: Walgreens’ upward momentum continues; iHeart bonds under pressure
|
2/28/2025 | HY | Market Commentary: iHeartCommunications declines; Bausch CCC-rated notes mixed; distressed market active
|
2/6/2025 | HY | Market Commentary: Bausch Health declines after sale talks end; iHeartCommunications rebounds; Scripps up
|
2/5/2025 | HY | Market Commentary: WW International notes turn positive; Gray Media climbs; iHeartCommunications weakens
|
1/9/2025 | HY | Market Commentary: Hertz uptrend continues in distressed debt market; iHeart notes under pressure
|
1/8/2025 | HY | Market Commentary: Retail sector weakens in distressed debt market; Michaels takes a hit; iHeart lower
|
1/7/2025 | HY | Market Commentary: iHeart notes add to gains; Hughes Satellite paper weakens; Hertz improves
|
1/6/2025 | HY | Market Commentary: Distressed debt quiet to start week; iHeart strengthens; Carvana notes bounce back
|
1/3/2025 | HY | Market Commentary: Michaels secured paper improves; iHeart mostly higher; distressed space gains
|
1/2/2025 | HY | Market Commentary: Post-holiday distressed volume slow; iHeart gets boost; Carvana mostly unfazed
|
12/24/2024 | BKDDHY | Moody’s rates iHeartCommunications loan, notes
|
12/24/2024 | BKDDHY | S&P ups iHeartCommunications, rates debt
|
12/23/2024 | BKDDHYLM | iHeartMedia announces results of exchange offers, consent bids for notes, loans
|
12/23/2024 | BKDDHY | S&P cuts iHeartCommunications
|
12/16/2024 | HY | Market Commentary: Michaels paper steadies; iHeart declines ahead of exchange deadline
|
12/5/2024 | HY | Market Commentary: Michaels holds onto gains; iHeartCommunications’ exchange holdout soars; supply cools
|
12/4/2024 | BKDDHYLM | iHeartMedia announces early results, changes to exchange offers, consent bids for notes, loans
|
11/19/2024 | BKDDHY | Moody’s puts iHeartCommunications on review
|
11/18/2024 | HY | Market Commentary: Spirit Airlines climbs on bankruptcy; iHeartMedia mostly gains after exchange launch
|
11/18/2024 | BKDDHYLM | iHeartMedia formally begins exchange offers, consent bids for notes, loans
|
11/18/2024 | BKDDHY | S&P cuts iHeartCommunications
|
11/7/2024 | HY | Market Commentary: CommScope declines after debt talks collapse; iHeart mostly up on bond maturity plans
|
11/7/2024 | BKDDHYLM | iHeartMedia, subsidiaries reach comprehensive TSA for note, loan debt
|
9/3/2024 | HY | Market Commentary: Lumen down ahead of exchange offers; Qwest better; iHeart mostly slips; Hertz drops
|
8/14/2024 | HY | Market Commentary: iHeart mixed with secured paper mostly down; AMC drifts lower; Victoria’s Secret higher
|
8/8/2024 | HY | Market Commentary: Quarterly reports direct trading; iHeart pressured; CommScope rallies; Sinclair declines
|
8/5/2024 | HY | Market Commentary: Cumulus Media cracks appear; distressed bonds decline; iHeart lower ahead of report
|
7/23/2024 | HY | Market Commentary: AMC notes climb; iHeartCommunications securities improve; distressed index gains
|
7/15/2024 | HY | Market Commentary: Michaels’ senior notes move up; Hertz continues rally; iHeartCommunications stronger
|
6/27/2024 | HY | Market Commentary: Staples notes under pressure in secondary market; iHeart paper extends downtrend
|
6/24/2024 | HY | Market Commentary: Hertz bonds active; loanDepot gains on completion of exchange; iHeart paper falls
|
6/17/2024 | HY | Market Commentary: iHeart notes lower; AMC mostly softens; Hertz quiets; Hudson Pacific notes weaken
|
6/10/2024 | HY | Market Commentary: iHeartCommunications moves higher; Hertz senior paper pressured; AMC better on week
|
6/7/2024 | HY | Market Commentary: iHeartCommunications paper gains, CDS spreads come in; E.W. Scripps better on week
|
6/6/2024 | HY | Market Commentary: AMC notes climb as trading ramps up; iHeartCommunications bonds positive; Bausch mixed
|
6/4/2024 | HY | Market Commentary: Distressed trading lighter on deal focus, drop in default rate; DISH slips; iHeart up
|
5/30/2024 | HY | Market Commentary: Gray Television paper climbs; iHeartCommunications turns positive; Kohl’s bonds drop
|
5/29/2024 | HY | Market Commentary: Distressed names pressured; AMC notes soften; Altice drops; iHeartCommunications lower
|
5/28/2024 | HY | Market Commentary: AMC paper gains; iHeartCommunications mostly lower as May losses mount; Rite Aid drops
|
5/21/2024 | HY | Market Commentary: Altice paper lower; iHeartCommunications remains pressured in secondary; AMC quiets
|
5/17/2024 | HY | Market Commentary: AMC trading slows to crawl, remains stronger on week; iHeart mixed; CommScope higher
|
5/16/2024 | HY | Market Commentary: AMC ‘party’ over; Hertz comes under pressure; iHeartCommunications softens; CSC drops
|
5/15/2024 | HY | Market Commentary: AMC paper moves higher; iHeartCommunications turns positive; DISH little changed
|
5/14/2024 | HY | Market Commentary: AMC securities soar in heavy secondary trading; iHeartCommunications declines
|
5/13/2024 | HY | Market Commentary: Canacol Energy improves as market weighs cash, debt; iHeartCommunications trades lower
|
5/10/2024 | HY | Market Commentary: Staples climbs; bond market a ‘little wobbly’; iHeartCommunications extends losses
|
5/9/2024 | HY | Market Commentary: Fortress/Presidio, LifePoint drive by; Cloud, OneMain at a premium; funds add $2.35 billion
|
5/9/2024 | HY | Market Commentary: iHeart paper, stock dive; CommScope notes gain after heavy earnings losses; AMC quiet
|
5/6/2024 | HY | Market Commentary: WW distressed paper up after weak quarter; iHeart gains ahead of financial report
|
5/2/2024 | HY | Market Commentary: Sunnova Energy bonds jump; Altice slides; Lumen, iHeart, Ardagh soft; DISH declines
|
5/1/2024 | HY | Market Commentary: iHeart improves; DISH mostly up; Lumen, Level 3 drop; corporates likely to ‘chug along’
|
4/25/2024 | HY | Market Commentary: Ardagh mixed as earnings report digested; E.W. Scripps securities bounce around
|
4/10/2024 | HY | Market Commentary: Bausch bonds lead distressed gains; iHeart steady to weaker; Cumulus Media mostly quiet
|
3/15/2024 | HY | Market Commentary: DISH paper, CDS spreads weaken; iHeartCommunications softens; Lumen, Level 3 mixed
|
3/5/2024 | HY | Market Commentary: iHeartCommunications bonds give back gains from post-earnings rally; CSC Holdings mixed
|
3/1/2024 | HY | Market Commentary: DISH mixed as EchoStar cash runs short ahead of November debt payment; iHeartMedia up
|
2/29/2024 | HY | Market Commentary: Level 3 bonds erratic; AMC shakes off midweek pressure; iHeartCommunications climbs
|
2/26/2024 | HY | Market Commentary: Radio names take focus on earnings watch; Cumulus softens; iHeart steady; Audacy lower
|
2/15/2024 | HY | Market Commentary: DISH soft on week as 5G deadlines loom; Hughes notes higher; iHeartCommunications mixed
|
2/14/2024 | HY | Market Commentary: CSC mostly higher; DISH, Hughes improve; iHeart Communications notes end lower
|
1/3/2024 | HY | Market Commentary: iHeartCommunications, CSC Holdings under pressure; CommScope notes trades down
|
12/29/2023 | BKCVDDEMHY | Outlook 2024: Higher corporate defaults likely as volatility mounts, default candidates grow
|
12/14/2023 | HY | Market Commentary: DISH higher; iHeartCommunications moves up; Lumen bonds, CDS spreads improve
|
12/13/2023 | HY | Market Commentary: DISH bonds stronger; iHeartCommunications’ secured notes rally; Enviva paper unchanged
|
12/12/2023 | HY | Market Commentary: AMC notes improve; Michaels attracts secondary support; iHeartCommunications higher
|
12/11/2023 | HY | Market Commentary: First Republic Bank active, pulls back following Friday’s gains; iHeart notes lower
|
12/8/2023 | HY | Market Commentary: CVR, CQP cap active week of junk issuance; J.B. Poindexter extends gains; iHeart falls
|
12/8/2023 | HY | Market Commentary: iHeart paper slides after downgrade; CommScope mixed; Community Health mostly quiet
|
12/8/2023 | BKDDHY | Moody’s slices iHeartCommunications
|
11/15/2023 | HY | Market Commentary: iHeart, Radiology Partners notes rocket higher; Rite Aid paper adds to recent gains
|
11/14/2023 | HY | Market Commentary: Enviva bonds continue revival; DISH notes rack up gains; iHeartCommunications improves
|
10/27/2023 | HY | Market Commentary: Lumen, Level 3 mostly higher; Hawaiian Airlines, Ardagh notes slide; iHeart drops
|
10/26/2023 | HY | Market Commentary: Rite Aid steadies; iHeartMedia notes lower, CDS spreads ease; Level 3, Lumen mixed
|
10/25/2023 | HY | Market Commentary: Rite Aid bonds pick up steam in heavy trading; iHeartMedia softens; Level 3, Lumen up
|
10/3/2023 | HY | Market Commentary: DISH notes slide in wide sell-off; Bausch Health declines; iHeartCommmunications drops
|
9/18/2023 | HY | Market Commentary: AMC notes decline; iHeart slips in thin supply; Lumen, Level 3 improve; defaults up
|
9/15/2023 | HY | Market Commentary: Staples active, mixed post-earnings call; iHeart jumps; Altice France secureds gain
|
9/8/2023 | HY | Market Commentary: Lumen, Level 3 higher; AMC flat to better; iHeart paper, CDS spreads improve
|
8/31/2023 | HY | Market Commentary: Rite Aid notes mixed, CDS spreads gap out; AMC improves; iHeart trades higher
|
8/22/2023 | HY | Market Commentary: AMC declines; DISH dips; iHeart higher; Lumen, Level 3 down; Wolverine little changed
|
7/6/2023 | HY | Market Commentary: DISH rallies; AMC declines; Coinbase drops; Rite Aid improves; iHeart paper lower
|
6/26/2023 | HY | Market Commentary: Lumen, Level 3 little changed; iHeartMedia improves; AMC flat; distressed returns down
|
6/8/2023 | HY | Market Commentary: Carvana bonds jump; Rite Aid paper higher, CDS spreads widen; iHeartMedia better
|
6/1/2023 | HY | Market Commentary: DISH shows gains; Virgin Media stronger; iHeartMedia, QVC mixed; Diebold declines
|
3/28/2023 | BKDDHY | Moody’s moves iHeart outlook to negative
|
11/29/2022 | HY | Market Commentary: Junk secondary softer; iHeart weaker; Glatfelter under pressure; TransDigm active
|
8/19/2022 | HY | Market Commentary: Bed Bath & Beyond slides over 10 points, stock plunges; Rite Aid softens; Endo moves up
|
2/28/2022 | BKDDHY | Moody's alters iHeart outlook to stable
|
6/25/2021 | CLHY | Market Commentary: Kantar, ArchKey, iHeartCommunications, Traeger, Charter Next free to trade; BBB tightens
|
6/22/2021 | CLHY | Market Commentary: Aspen Dental breaks; Artera Services, WCG Purchaser, HCA, Dynata deal updates surface
|
6/21/2021 | CLHY | Market Commentary: J.D. Power breaks; Artera tweaks talk; Aspen Dental, WCG, Gibson accelerate deadlines
|
7/15/2020 | CLHY | Market Commentary: iHeartCommunications sets discount; Huntsworth reveals talk; First Brand deadline emerges
|
7/8/2020 | CLHY | Market Commentary: iHeartCommunications launches $450 million loan at Libor plus 400 bps
|
7/8/2020 | BKDDHY | Moody’s assigns iHeart loan B1
|
7/8/2020 | BKDDHY | S&P rates iHeartCommunications loan B+
|
4/27/2020 | BKDDHY | Moody’s changes iHeart view to negative
|
1/29/2020 | CLHY | Market Commentary: Atlantic Power breaks; Reynolds, iHeart tweak deals; EyeCare accelerates deadline
|
11/19/2019 | HY | Market Commentary: Teva, Houghton Mifflin, Sinclair, Kaiser Aluminum, Allegheny price; iHeart, Boyd weaken
|
11/18/2019 | HY | Market Commentary: iHeart, Boyd, Mattel, MSCI add-on price; Prestige Brands, Univar, Maxar trade up; Intelsat sinks
|
11/18/2019 | HY | New Issue: iHeartCommunications prices $500 million eight-year notes at par to yield 4¾%
|
11/18/2019 | BKDDHY | Moody’s assigns B1 rating to iHeartCommunications’ notes
|
11/18/2019 | BKDDHY | S&P rates iHeartCommunications notes BB-
|
11/18/2019 | HY | iHeartCommunications to sell $500 million eight-year notes on Monday; whisper is 5% area
|
8/2/2019 | HY | Market Commentary: Forgital prices; iHeart, Albertsons, Mattel at a premium; Freeport-McMoRan lags
|
8/1/2019 | HY | Market Commentary: Freeport-McMoRan, Albertsons, Mattel, iHeart price; Advisor Group skyrockets; funds lose $115 million
|
8/1/2019 | HY | New Issue: iHeartCommunications prices upsized $750 million 5¼% notes due 2027
|
8/1/2019 | BKDDHY | S&P rates iHeart notes BB-
|
8/1/2019 | HY | iHeartCommunications to price $500 million eight-year secured notes on Friday
|
4/26/2019 | BKDDHY | Moody’s rates iHeart debt B1, Caa1
|
1/18/2019 | BKCVDDHY | Fitch Ratings reports U.S. high-yield default rate ended 2018 at 2.4%
|
3/16/2018 | BKDDHY | Fitch downgrades iHeartCommunications to D
|
3/16/2018 | BKDDHY | S&P downgrades iHeart
|
3/15/2018 | BKDDHY | Moody’s downgrades iHeart
|
3/15/2018 | BKDDHY | iHeartMedia reaches agreement on restructuring, files for Chapter 11
|
3/15/2018 | BKDDHY | iHeartMedia reaches agreement on restructuring, files for Chapter 11
|
3/14/2018 | BKDDHY | iHeart extends loan forbearance for default on 14% notes by one day
|
3/13/2018 | BKDDHY | iHeart extends loan forbearance by a day for default on 14% notes
|
3/12/2018 | BKDDHY | iHeart trims restructuring terms to shareholders, senior creditors in revised plan
|
3/9/2018 | BKDDHY | Fitch downgrades iHeart to RD
|
3/9/2018 | BKCVDDEMHY | Prospect News reports four new defaults for March 1-March 7, S&P one
|
3/8/2018 | BKDDHY | iHeart extends loan forbearance to March 12 for default on 14% notes
|
3/5/2018 | BKDDHY | Moody’s downgrades iHeart
|
3/5/2018 | BKDDHY | iHeart gets loan forbearance until Wednesday for default on 14% notes
|
3/2/2018 | BKDDHY | iHeart trims restructuring terms to shareholders, junior creditors in revised plan
|
3/1/2018 | DDHY | iHeartCommunications to forgo interest due on 11¼% notes, 9% notes
|
2/15/2018 | BKDDHY | iHeartCommunications extends restructuring exchange by another month
|
2/9/2018 | BKDDHY | iHeartCommunications and lenders exchange recapitalization proposals
|
2/9/2018 | BKCVDDEMHY | Prospect News reports five new defaults for week of Feb. 1 to Feb. 7
|
2/9/2018 | DDHY | iHeartCommunications ups guarantor release for 14% notes to $1 billion
|
2/7/2018 | BKDDHY | Fitch cuts Clear Channel to B-
|
2/1/2018 | BKDDHY | S&P lowers iHeart, notes
|
2/1/2018 | DDHY | iHeartCommunications forgoes $106 million interest due on 14% notes
|
1/18/2018 | BKDDHYLM | iHeartCommunications extends restructuring exchange by one month
|
1/12/2018 | HY | Market Commentary: Community Health gains continue; energy issues easier despite crude rise; iHeart paper lower
|
1/12/2018 | DDHY | iHeartCommunications14% noteholders release guarantors from guarantees
|
1/4/2018 | BKDDHYLM | iHeartCommunications extends restructuring exchange by two weeks
|
12/29/2017 | BKDDEMHY | Outlook 2018: Fitch, Moody’s and S&P expect default rates to decrease
|
12/21/2017 | BKDDHYLM | iHeartCommunications’ restructuring exchange extended to January
|
12/7/2017 | DDHYLM | iHeartCommunications again extends exchange related to restructuring
|
11/30/2017 | DDHYLM | iHeartCommunications still lacks consensus on restructuring terms
|
11/22/2017 | BKDDHYLM | iHeartCommunications extends exchange related to restructuring again
|
11/9/2017 | BKDDHYLM | iHeartCommunications again extends exchange related to restructuring
|
10/26/2017 | DDHYLM | iHeartCommunications gives new terms to restructure debt out of court
|
10/19/2017 | BKDDHYLM | iHeartCommunications again extends exchange related to restructuring
|
10/2/2017 | HY | Market Commentary: Murray Energy bonds remain firm, active; Windstream debt improves more; iHeart edges up
|
9/28/2017 | BKDDHYLM | iHeartCommunications again extends exchange related to restructuring
|
9/26/2017 | HY | Market Commentary: Windstream up in wake of default notice; California Resources comes in; iHeart mixed
|
9/19/2017 | HY | Market Commentary: Restaurant Brands, NextEra megadeals drive by; Restaurant rises; Toys ‘R’ Us off again on Chapter 11 talk
|
9/18/2017 | HY | Market Commentary: Toy’s ‘R’ Us tumbles on renewed bankruptcy talk; Rite Aid gains; iHeart improves
|
9/15/2017 | HY | Market Commentary: Toys ‘R’ Us debt continues fall as shipments cut; iHeart ‘languishing’; oil names mixed
|
9/13/2017 | HY | Market Commentary: Distressed oil and gas bonds up with crude prices; iHeart pressured; Guitar Center firms
|
9/7/2017 | BKDDHYLM | iHeartCommunications again extends exchange related to restructuring
|
8/17/2017 | BKDDHYLM | iHeartCommunications again extends exchange related to restructuring
|
8/11/2017 | BKCVDDHY | Fitch U.S. high-yield default rate marks drop below 2% to 1.9% in July
|
8/3/2017 | HY | Market Commentary: Earnings, recent high yield issues in focus; Frontier, Community Health remain in play
|
8/3/2017 | BKBWHY | iHeart ends Q2 with $20.4 billion of debt; confident of extending receivables facility before year-end maturity
|
8/3/2017 | BKDDHYLM | iHeartCommunications extends exchange offer related to restructuring
|
7/26/2017 | HY | Market Commentary: Energy bonds continue rise as crude prices firm again; healthcare hurting; Toys trades up
|
7/24/2017 | HY | Market Commentary: iHeart bonds trade mixed; distressed oil and gas space also mixed; Fannie, Freddie better
|
7/21/2017 | HY | Market Commentary: Crude oil prices drag distressed oil and gas down; iHeart trades up; Fannie, Freddie mixed
|
7/20/2017 | HY | Market Commentary: Brent crude’s ‘head fake’ puts oil and gas arena in the spotlight; iHeart mixed
|
7/20/2017 | BKDDHYLM | iHeartCommunications again prolongs exchange related to restructuring
|
7/17/2017 | HY | Market Commentary: iHeart up on restructuring news; Valeant perks on asset sale; Endo, Frontier busy, better
|
7/17/2017 | BKDDHYLM | iHeartCommunications discloses restructuring proposals, talks go on
|
7/6/2017 | BKDDHYLM | iHeartCommunications extends exchange offers for notes until July 21
|
6/22/2017 | BKDDHYLM | iHeartCommunications now extends exchange for notes until July 7
|
6/20/2017 | HY | Market Commentary: Existing Intelsat issues down; E&P falls as oil enters bear market; Valeant changes course
|
6/15/2017 | HY | Market Commentary: California Resources again most active in faltering E&P space; Valeant down across board
|
6/15/2017 | BKCVDDHY | Fitch U.S. junk bond default rate ends May at 2.3%; June drop expected
|
6/8/2017 | BKDDHYLM | iHeartCommunications extends exchange offers for notes until June 23
|
6/7/2017 | HY | Market Commentary: E&P sector down with oil prices; Claire’s up after Q1 numbers; little movement for iHeart
|
5/25/2017 | HY | Market Commentary: iHeart trades higher after exchange extended; E&P lower after OPEC deal; Dynegy sideways
|
5/25/2017 | BKDDHYLM | iHeartCommunications extends exchange until June 9 as talks continue
|
5/18/2017 | HY | Market Commentary: Intelsat amends exchange offer, bonds rise; Valeant up; E&P mixed on low-volume session
|
5/17/2017 | BKCVDDHY | Fitch: U.S. high-yield default rate heads below 2.5%; ‘temporary dip’
|
5/11/2017 | BKDDHYLM | iHeartCommunications extends exchange to May 26; response still low
|
5/4/2017 | HY | Market Commentary: GenOn mixed after offering news; E&P drops; Community Health reacts to health care bill
|
5/2/2017 | HY | Market Commentary: Community Health jumps on quarterly results; Valeant follows; California Resources drops
|
4/27/2017 | HY | Market Commentary: Intelsat, Ensco mostly undisturbed by earnings releases; iHeart down as exchange extended
|
4/27/2017 | BKDDHYLM | iHeartCommunications extends exchange till May 12; turnout remains low
|
4/26/2017 | HY | Market Commentary: California Resources higher with oil; Intelsat up ahead of earnings; iHeart ticks lower
|
4/25/2017 | HY | Market Commentary: Freeport McMoRan, Avaya tick higher on news; Ocwen ‘volatile’; Community Health gains
|
4/21/2017 | HY | Market Commentary: Ocwen rebounds after plunge; California Resources continues to tick down; Valeant falls
|
4/20/2017 | HY | Market Commentary: Ocwen Financial down big after lawsuit comes forward; Petsmart down; pharma mixed
|
4/19/2017 | HY | Market Commentary: Oil drops sharply, as do California Resources, Pacific Drilling; Petsmart also down
|
4/17/2017 | HY | Market Commentary: Week ahead looks active; recent Ultra Petroleum, Air Methods mixed; NOVA down after asset purchase
|
4/13/2017 | HY | Market Commentary: Claire’s, Quorum Health trade higher after Q4 earnings; iHeart ‘better,’ but volume low
|
4/13/2017 | BKDDHYLM | iHeartCommunications amends, extends exchange offers after low turnout
|
4/10/2017 | HY | Market Commentary: New Cedar Fair, recent Ultra Petroleum, Alliance take attention on session; oil, health care, retail trade tight
|
4/6/2017 | HY | Market Commentary: Oil companies rule market as crude advances; Accudyne higher; iHeart eyed on tender news
|
4/6/2017 | BKDDHYLM | iHeartCommunications extends exchange for six note series, term loans
|
3/31/2017 | HY | Market Commentary: Energy Future ‘volatile’ after acquisition falls through; California Resources nearly flat
|
3/30/2017 | HY | Market Commentary: Talen trades up as tender, term loan announced; E&P’s up on oil; Valeant, Concordia gain
|
3/23/2017 | HY | Market Commentary: Community Health up marginally as health bill stalls; Concordia, Avaya dip; iHeart quiet
|
3/22/2017 | HY | Market Commentary: Retail, including Bon-Ton, J.C. Penney, mixed after J. Crew results; Valeant up; oil down
|
3/20/2017 | HY | Market Commentary: iHeart up after several downtrodden sessions; Valeant, Concordia slip again; Neiman flat
|
3/17/2017 | HY | Market Commentary: iHeart continues slide, Valeant, Concordia continue struggles; Walter rebounds, Exco up
|
3/16/2017 | HY | Market Commentary: Guitar Center, Walter down following results; Concordia, iHeart fall; Neiman stagnant
|
3/16/2017 | DDHY | Fitch lowers iHeartCommunications
|
3/15/2017 | DDHY | S&P lowers iHeartCommunications
|
3/15/2017 | BKDDHYLM | iHeartCommunications holds exchange for six note series, term loans
|
3/2/2017 | HY | Market Commentary: Intelsat mixed and most active; Valeant continues rebound; iHeart up across the board
|
2/24/2017 | HY | Market Commentary: Community Health ‘lackluster;’ retailers mixed after J.C. Penney announces store closings
|
2/23/2017 | HY | Market Commentary: Viacom sub notes price, CDW drives by; iHeart up on results, debt plan; funds gain $726 million
|
2/23/2017 | HY | Market Commentary: iHeartCommunications firm in two issues post-results; Community Health rises; Denbury down
|
2/23/2017 | BKDDHY | iHeartCommunications considering restructuring of all its debt
|
2/22/2017 | HY | Market Commentary: Community Health trades higher for third session; Intelsat up; Ultra Petroleum down
|
2/21/2017 | HY | Market Commentary: Community Health explodes; Quorum Health follows; pharma mixed, Valeant, Intelsat up
|
2/17/2017 | HY | Market Commentary: Community Health up on asset sale; California Resources drops; Neiman Marcus lower
|
2/16/2017 | HY | Market Commentary: Hornbeck Offshore down big post-Q4 results; Murray rises more; Valeant, Avaya, Hertz down
|
2/15/2017 | HY | Market Commentary: Murray Energy gains for second straight session; Intelsat, iHeart up; MDC Partners rises
|
2/14/2017 | HY | Market Commentary: Murray Energy tops gainers on ‘heavy volume’; Rent-A-Center mixed; Hexion up
|
2/13/2017 | HY | Market Commentary: Intelsat Jackson rallies; iHeartCommunications rises on upgrade; Freeport up, Murray down
|
2/13/2017 | DDHY | S&P lifts iHeartMedia to CCC
|
2/8/2017 | DDHY | Moody’s: iHeart debt exchange is distressed
|
2/8/2017 | DDHY | S&P cuts iHeartMedia, iHeartCommunications
|
2/8/2017 | DDHY | Fitch lowers, raises iHeart IDR
|
2/7/2017 | HY | Market Commentary: Murray Energy up on overall slow day; Neiman Marcus, Avaya down; Intelsat, iHeart mixed
|
2/6/2017 | HY | Market Commentary: Community Health active; Vanguard Natural continues losses after Chapter 11; Neiman down
|
2/6/2017 | HYLM | iHeartCommunications wraps offer to issue 11¼% notes due 2021 in swap for 10% notes
|
2/3/2017 | HY | Market Commentary: Bankruptcy news sets in for Vanguard Natural; Algeco up on exchange; Neiman trades tightly
|
2/2/2017 | BKDDHY | iHeartCommunications auction brings CDS price at 35.5, LCDS at 83.25
|
2/1/2017 | HY | Market Commentary: Under Armour drops into distressed territory; Community Health gains; pharma goes up
|
1/27/2017 | HY | Market Commentary: Intelsat ticks up on another quiet day; Peabody retreats wildly; Valeant, Neiman down
|
1/26/2017 | HY | Market Commentary: Quiet day capped by Avaya activity; Intelsat rises; Bonanza down post-settlement; E&P up
|
1/23/2017 | HY | Market Commentary: Bleeding goes on for Neiman Marcus, declines steep; Avaya up; healthcare, pharma mixed
|
1/23/2017 | HYLM | iHeartCommunications extends exchange for 10% notes, early premium
|
1/20/2017 | HYLM | iHeartCommunications extends exchange for 10% notes, gives update
|
1/17/2017 | HY | Market Commentary: iHeart active ahead of CDS auction; Peabody up on Chapter 11 exit; GenOn movement mixed
|
1/17/2017 | DDHY | iHeartCommunications CDS settlement auction to be held Feb. 2
|
1/11/2017 | HY | Market Commentary: Novalex prices; Team Health ahead; Valeant down on post-asset sale, Trump comments; E&P mixed
|
1/11/2017 | HY | Market Commentary: Valeant down on post-asset sale, Trump; Murray Energy up; iHeart stays active pre-auction
|
1/6/2017 | HY | Market Commentary: Community Health closes week on high note; Neiman Marcus unchanged; E&P nearly flat
|
1/5/2017 | HYLM | iHeartCommunications holders exchange $597.5 million of notes so far
|
1/3/2017 | HY | Market Commentary: E&P names rally off early morning trend in oil prices; Community Health wraps asset sale
|
12/23/2016 | HY | Market Commentary: Shortened day caps quiet week heading into holiday; Peabody moves on restructuring plan
|
12/23/2016 | BKCVDDEMHY | Prospect News, S&P each report seven new defaults for Dec. 14-Dec. 21
|
12/22/2016 | HY | Market Commentary: Navios up after contract in ‘full force’; iHeart, Peabody keep moving; retailers trade
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12/21/2016 | HY | Market Commentary: Primary quiet, though Baffinland deal sees adjustments; Noble retreat continues; iHeart gains
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12/21/2016 | DDHY | ISDA: iHeart failure to pay credit event occurred; CDS auction ahead
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12/21/2016 | HY | Market Commentary: iHeart steals action with ruling, moving notes both ways; Peabody down; Valeant mixed
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12/21/2016 | BKDDHY | S&P upgrades iHeartMedia
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12/21/2016 | BKDDHY | Fitch downgrades iHeart
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12/20/2016 | HYLM | iHeartCommunications offers 11¼% notes in exchange for 10% notes
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12/15/2016 | BKDDHY | S&P downgrades iHeartMedia
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12/12/2016 | HY | Market Commentary: Energy up on supply cut deal; Peabody rallies on benchmark coal contract; J. Crew down
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12/12/2016 | DDHYLM | iHeartCommunications gets consents to amend notes due 2021, none for priority guarantee issues
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12/2/2016 | DDHYLM | iHeartCommunications changes language, extends consent solicitation
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11/28/2016 | HY | Market Commentary: Possible bankruptcy marks uptick for Avaya; Peabody up on coal, possible bankruptcy exit
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11/28/2016 | HYLM | iHeartCommunications seeks to exclude some holders from future offers
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10/25/2016 | HY | Market Commentary: Sprint, T-Mobile see some movement; new Netflix, URI trade; communications ride AT&T takeover talks
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10/4/2016 | BKHYLM | iHeartCommunications gets noteholder consent to add more facility debt
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9/27/2016 | HY | Market Commentary: Bankrupt Caesars unit reaches deal; Concordia bonds mixed; iHeart upping debt facilities
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9/27/2016 | BKHYLM | iHeartCommunications seeks consents for more credit facility debt
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8/4/2016 | HYLM | iHeartMedia buys $383 million of 10% notes, starts litigation
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7/26/2016 | HY | Market Commentary: iHeart, Intelsat bonds trade active; crude’s weakness continues to pressure energy debt
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6/28/2016 | BKDDHY | iHeartCommunications: No deal reached; debtholder talks in jeopardy
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5/16/2016 | BKDDHY | iHeartCommunications, senior secured debtholders exchange proposals
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3/9/2016 | BKDDHY | S&P puts iHeartMedia on watch
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1/7/2016 | BKDDHY | S&P lowers iHeartMedia, Clear Channel
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12/11/2015 | HY | Market Commentary: Distressed bonds falter as crude drops; oil and gas, retail sectors dip; iHeart takes hit
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12/10/2015 | BKDDHY | Fitch: Clear Channel notes BB-
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6/24/2015 | HY | Market Commentary: New issues push distressed bonds off radar; oil price drops, pressures industry; Verso up
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6/23/2015 | HY | Market Commentary: iHeart, Verso bonds come in; Alpha Natural declines; DynCorp steady as S&P reviews rating
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3/10/2015 | HY | Moody’s: North American high-yield bond covenant quality declines to record low in February
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2/24/2015 | HY | Market Commentary: Digicel drives by, moves up; recent bonds busy; Sitel bonds gain as Onex eyes possible sale
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2/20/2015 | HY | Market Commentary: Dean Foods, Nielsen drive-by price to cap nearly $6.5 billion week; new bonds trade busily
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2/20/2015 | BKDDHY | Moody’s: iHeartCommunications unaffected
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2/19/2015 | HY | Market Commentary: Upsized Sprint, iHeart drive-bys price; new PetSmart heavily traded; funds gain $1.64 billion
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2/19/2015 | BKBWDDHYLMLW | iHeartMedia touts refinancing moves, will stay opportunistic
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2/19/2015 | HY | New Issue: iHeartCommunications sells upsized $950 million 10 5/8% eight-year notes at par
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2/19/2015 | DDHY | Fitch rates iHeart notes CCC
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2/19/2015 | BKDDHY | Moody’s gives iHeart notes Caa1
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2/19/2015 | DDHY | S&P rates iHeart notes CCC+
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2/19/2015 | HYLM | iHeartCommunications buys back $177.1 million of notes at discount
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2/19/2015 | HY | iHeartCommunications to sell $550 million eight-year notes Thursday
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1/8/2015 | HY | Market Commentary: Morning Commentary: Junk bonds rally; ETFs reversing early week outflows; ArcelorMittal on tap
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1/5/2015 | HY | Market Commentary: CDX opens ½ point lower; California Resources bonds ‘mimic’ crude, hover above all-time lows
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11/26/2014 | HY | Market Commentary: Distressed debt gains amid limited liquidity; Colt Defense says going concern in question
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11/24/2014 | HY | Market Commentary: NII Holdings releases restructuring plan; Cliffs ends weaker; iHeart debt declines with market
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11/21/2014 | HY | Market Commentary: Distressed market gains ground, rallying with stocks; energy boosted by rising oil prices
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11/20/2014 | HY | Market Commentary: Cliffs Natural Resources announces tender, bonds pop; CGG remains firm on Technip offer
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10/22/2014 | HY | Market Commentary: Stock sell-off weighs on distressed debt; oil, coal mixed; Caesars, NII continue to climb
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10/21/2014 | HY | Market Commentary: Distressed market gains for second day; iHeart busy, better; mining, coal continue rally
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10/16/2014 | HY | Market Commentary: BPZ Resources pulls offering; Chesapeake rises on asset sale; funds see $549 million outflow
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10/16/2014 | HY | Market Commentary: Distressed bonds head into higher territory; energy, coal names follow trend; iHeart firms
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10/1/2014 | HY | Market Commentary: Sabra Health REIT brings add-on deal; new Zebra bonds jump in heavy trading; McClatchy better
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9/30/2014 | HY | Market Commentary: Downsized Zebra megadeal prices, market rebounds from rough patch, though in quiet activity
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9/26/2014 | HY | Market Commentary: High yield ends week in negative territory; GM Financial gains on S&P upgrade
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9/24/2014 | HY | Market Commentary: Burger King, Ally lead $5.62 billion session; bonds softer despite equity gain; Toys firms
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9/23/2014 | HY | Market Commentary: RSP Permian, Virgin Media, CBRE Group price deals in $1.3 billion session; Samson slides
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9/22/2014 | HY | Market Commentary: GM unit leads nearly $2.6 billion drive-by parade; overall market easier; Quicksilver quashed
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9/22/2014 | HY | New Issue: iHeartCommunications sells $250 million tap of 9% notes due 2022 at 101 to yield 8.778%
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9/22/2014 | BKHY | S&P assigns CCC+ to iHeartCommunications notes
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9/22/2014 | HY | iHeartCommunications to price $250 million tap of 9% notes due 2022 in Monday drive-by
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