Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Ensco plc > News item |
Digicel notes jump after exchange offer amended; Neiman Marcus issues drop in debt fight
By James McCandless
San Antonio, Dec. 4 – As equities tanked on Tuesday, the distressed space was mixed in direction.
Digicel Group Ltd.’s notes saw a boost after the company announced amended exchange offers for its 2020 and 2022 bonds.
Sector peer Intelsat SA’s issues were lower.
In retail, Neiman Marcus Group Inc.’s paper traded down amid an ongoing disagreement between the company and creditors about a potential restructuring.
Elsewhere in the space, J.C. Penney Co., Inc.’s notes also declined while PetSmart, Inc.’s issues were mixed.
A rise in oil futures led to improvement for California Resources Corp.’s paper and negative trends for Weatherford International plc and Ensco plc’s notes.
In the natural gas space, Ferrellgas Partners, LP’s issues were mixed.
© 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.