Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Envision Healthcare Corp. > News item |
Envision, Team Health, ASP AMC decline; NGL, Transocean, Talen up; Diamond Sports lower
By Cristal Cody
Tupelo, Miss., Oct. 15 – Distressed bonds in the health care space remained under pressure on Friday after trending lower over much of the week’s post-holiday secondary trading.
Envision Healthcare Corp.’s 8¾% senior notes due 2026 (Ca/CC) fell over 1 point to the 71 bid area on over $3 million of volume, a source said.
Team Health Holdings, Inc.’s 6 3/8% senior notes due 2025 (Caa3/CCC) traded 1 3/8 points weaker at 87 bid.
ASP AMC Intermediate Holdings Inc.’s paper ended 1¼ points lower on the day and 4¼ points down on the week.
Subsidiary ASP AMC Merger Sub Inc.’s 8% senior notes due 2025 (Caa3/CCC) softened to 86¼ bid.
The session stayed fairly active, according to market sources.
Energy issues were mostly higher with NGL Energy Partners LP’s 7½% senior notes due 2026 (Caa1/CCC+) quoted up more than 3 points and trading better than 91 bid.
Transocean Inc.’s 8% debentures due 2027 (Ca/CCC+) picked up 2¼ points on over $5 million of volume to head out at 81 bid.
Talen Energy Supply LLC’s 6% senior notes due 2036 (B3/CCC/B-) jumped 4 points to 44½ bid.
Meanwhile, Diamond Sports Group LLC’s 6 5/8% senior notes due 2027 (Ca/CC) shed 1¾ points to finish at 35 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.