Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for SiriusXM > News item |
Primary prices $2.5 billion Bombardier gains; U.S. Concrete skyrockets on buyout
By Paul A. Harris and Abigail W. Adams
Portland, Me., June 7 – The domestic high-yield primary market saw an active start to the week with three drive-by issuers pricing a cumulative $2.5 billion.
Booz Allen, Marriott Vacations and SiriusXM cleared the primary market on Monday, which also saw a buildup in the forward calendar.
Meanwhile, it was another sideways day in the secondary space with volume outside of new and recent issues thin.
Bombardier Inc.’s recently priced 7 1/8% senior notes due 2026 (Caa2/CCC) continued to gain momentum in active trading with the notes rising to a 102-handle.
Outside of recent issues, U.S. Concrete Inc.’s 5 1/8% senior notes due 2029 skyrocketed in active trading on news it would be acquired by Vulcan Materials Co.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.