5/26/2021 | BKCVDDEMIGPV | Market Commentary: Park River sells high-yield bonds; Boyd gains; Oasis stabilizes; Penske flat; DT notes weaken
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8/5/2020 | BKCVDDEMIGPV | Market Commentary: Howard Hughes, Harvest Midstream, DSLD price; new deals trade up; index turns positive
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8/4/2020 | BKCVDDEMIGPV | Market Commentary: Leviathan, Penske, Emergent, Element, Xerox price; Melco adds on; Service, Apache gain
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8/2/2017 | BKCVDDEMIGPV | Market Commentary: Primary pace quickens as Ashtead, Sirius add-ons, AK price; new U.S. Steel, Diamond active
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8/1/2017 | BKCVDDEMIGPV | Market Commentary: U.S. Steel, Diamond Offshore, Penske price; new Penske bonds jump; Hertz rebounds
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5/11/2016 | BKCVDDEMIGPV | Market Commentary: AES, Penske, Teleflex drive by; new Goodyear gains in busy dealings; new NRG trades off
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11/19/2014 | BKCVDDEMIGPV | Market Commentary: HD Supply, Asbury price in calmer junk primary; recent deals steady; Cliffs paper gyrates
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11/18/2014 | BKCVDDEMIGPV | Market Commentary: Mercer, upsized Owens-Illinois deals lead $3.5 billion session; new issues dominate trading
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7/16/2012 | CVLM | Penske redeems all $63.3 million 3.5% convertibles due 2026 with cash
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6/21/2012 | BKCVHY | S&P lifts Penske Automotive
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5/25/2012 | CVLM | Penske to redeem all $63.32 million of its 3.5% convertibles due 2026
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7/7/2011 | BKCVHY | Moody's upgrades Penske
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4/1/2011 | CVLM | Penske buys back $87.28 million 3.5% convertibles on put exercise
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7/29/2010 | CVLM | Penske buys back additional 3.5% convertibles in second, third quarter
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5/7/2010 | CVLM | Penske cancels tender for all $235.2 million of 3.5% convertibles
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5/6/2010 | BKCVHY | S&P rates Penske notes B-
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5/6/2010 | CV | S&P rates Penske Automotive notes B-
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5/6/2010 | CVLM | Penske tenders for any and all of $235.2 million 3.5% convertibles
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5/6/2010 | BKCVHY | Moody's rates Penske notes Caa1
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4/30/2010 | CVLM | Penske buys back $27 million more 3.5% convertibles in first quarter
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3/31/2010 | BKCVHY | S&P: Penske outlook stable
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2/19/2010 | CV | Penske repurchased $44.1 million 3.5% convertibles in first quarter
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2/17/2010 | CV | Market Commentary: Omnicare weaker on hedged basis; YRC better on hedge; Avis convertibles indicated higher
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10/7/2009 | BKCVHY | S&P affirms Penske Automotive
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10/1/2009 | BKCVHY | Moody's confirms Penske Automotive
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7/29/2009 | BKBWCVHY | Penske reduces total debt by $368 million in first half of 2009
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6/5/2009 | BKCVHY | Moody's puts Penske on review uncertain
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6/5/2009 | BKCVHY | S&P puts Penske on review
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4/17/2009 | CV | Market Commentary: Citigroup improves; Omnicare adds on buyout rumor; GM recoups for the week; Kemet gets a look
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3/25/2009 | BKCV | Moody's downgrades Penske
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3/20/2009 | CV | Penske repurchases $69 million in 3.5% convertible debt
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3/20/2009 | CV | Market Commentary: Lamar, Penske convertibles strengthen; financials slip outright; Alcoa's new issue extends strength
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12/24/2008 | BKCV | S&P downgrades Penske
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12/22/2008 | BKCVHY | Moody's cuts Penske outlook to negative
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7/2/2008 | CVHY | S&P cuts Penske outlook to negative
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3/13/2008 | CV | Market Commentary: Newmont Mining, Amgen gain; Coeur d'Alene adds on debut; Aspect Medical slumps
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2/21/2008 | CV | Go long on Penske's 3.5% convertible due 2026 in volatility trades, Lehman recommends
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2/19/2008 | CV | Market Commentary: Convertibles mixed in quiet trade; Penske, Freeport-McMoRan higher; GM, Hologic lower; Medtronic flat
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10/8/2007 | CV | Market Commentary: Penske Auto Group moves up, but convertibles enjoy leisurely Columbus Day
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10/3/2007 | CV | Despite car sales fall, dealership convertibles still have worthwhile plays, Lehman Brothers report says
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