Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Colfax Corp. > News item |
Transdigm, CommScope, Colfax, Greif on tap; Lions Gate, Altice, Transocean weaken
By Paul A. Harris and Abigail W. Adams
Portland, Me., Jan. 28 – The high-yield primary market’s active forward calendar rocketed to $10 billion on Monday, as dealers announced new business, some of which had been anticipated.
TransDigm, Inc. set an investor conference for Tuesday to launch $3.7 billion of high-yield notes.
CommScope Inc. began a roadshow on Monday for a $3 billion offering of high-yield notes that are coming in three $1 billion tranches.
Colfax Corp. started a roadshow on Monday for a $1 billion two-part offering of senior notes.
Greif Inc. started a roadshow on Monday for a $500 million offering of eight-year senior notes.
They join Dun & Bradstreet Corp. and Studio City Co. Ltd. who are expected to price their offerings in the coming week.
The European primary market’s active forward calendar also grew when Stonegate Pub Co. Financing plc began a roadshow on Monday for a £150 million offering of floating-rate notes.
Meanwhile, it was a soft day for the secondary space with the market in general down about 1/8 point.
The new paper to price over the past week was slightly weaker on Monday, sources said.
Altice USA Inc.’s 6½% senior notes due 2029 (Ba2/BB-), Lions Gate Capital Holdings LLC’s 6 3/8% senior notes due 2024 (B2/B) and Transocean Poseidon Ltd.’s 6 7/8% senior notes due 2027 (B1/B+) were down slightly on Monday.
© 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.