| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers V > Headlines for VMED O2 UK Financing I plc > News item |
Four companies tap junk market; Ford gains; Freedom Mortgage, VMED at a premium; Callon up
By Paul A. Harris and Abigail W. Adams
Portland, Me., June 23 – Underwriters representing four issuers shepherded new dollar-denominated paper through a busy Wednesday session in the junk bond market with generally solid executions.
Meanwhile, it was another sideways day in the secondary space with new and recent issues continuing to dominate the tape.
Ford Motor Credit Co. LLC’s 3 5/8% senior notes due 2031 (Ba2/BB+/BB+) were on the rise in active trading on Wednesday.
Freedom Mortgage Corp.’s 6 5/8% senior notes due 2027 (B2/B/B+) and VMED O2 UK Financing I plc’s 4¾% senior notes due 2031 (Ba3/BB-/BB+) were also putting in strong performances in the aftermarket.
Callon Petroleum Co.’s 8% senior notes due 2028 (Caa2/CCC+) remained active with the notes improving alongside crude oil futures.
© 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.