Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for Intelsat Jackson Holdings SA > News item |
Transocean, Nabors, Diamond Sports, AMC higher; Washington Prime dips; Intelsat flat
By Cristal Cody
Tupelo, Miss., April 14 – Distressed energy bonds headed higher in the secondary market as oil prices soared on Wednesday.
Offshore driller Transocean Inc.’s 7½% senior notes due 2025 (Ca/CCC) added more than 2¼ points to 70 bid.
Oil and gas drilling contractor Nabors Industries Inc.’s 7¼% senior notes due 2026 (Caa1/CCC-) traded up 1 3/8 points to 86¾ bid.
Meanwhile, Diamond Sports Group LLC’s 6 5/8% senior notes due 2027 (B3/CCC-) recovered 1½ points to 47 bid on $10 million of issues traded.
AMC Entertainment Holdings, Inc.’s 12% second-lien senior secured notes due 2026 (Ca/C) traded nearly 2 points higher at the 89 bid area on $9 million of volume.
Washington Prime Group, LP’s 6.45% notes due 2024 (C/D/C) fell just under 1 point to 61 bid.
Separately, Intelsat Jackson Holdings SA’s 5½% senior notes due 2023 were unchanged at 61½ bid.
© 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.