| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers M > Headlines for Match Group, Inc. > News item |
Trading volume light; Avolon trades up; XPO drops; Match active; CommScope improves
By Paul A. Harris and Abigail W. Adams
Portland, Me., Feb. 15 – The high-yield primary market was dormant on Friday. However, the week ahead is expected to be an active one, sources said.
Meanwhile, the secondary space closed the week on firm footing. However, trading volume was light in the run-up to the long weekend, sources said.
Avolon Holdings Ltd.’s 5¼% senior notes due 2024 and its add-on to Park Aerospace Holdings Ltd.’s 5¼% senior notes due Aug. 15, 2022 (Ba2/BB+/BB+) were both trading at a premium to their issue price in active trading.
XPO Logistics, Inc.’s 6 1/8% senior notes due 2023 were in focus with the notes losing ground following its earnings report and the announcement it is facing a reduction in revenue due to a pullback from one of its largest customers.
Match Group, Inc.’s recently priced 5 5/8% senior notes due 2029 were again active in the secondary space although the notes were largely unchanged and continued to lag their issue price.
CommScope Inc.’s 8¼% senior notes due 2027 also came back into focus with the tranche improving in active trading.
© 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.