Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Freedom Mortgage Corp. > News item |
Forward calendar grows; Royal Caribbean gains; Peninsula Pacific rises; Gray Television comes in
By Paul A. Harris and Abigail W. Adams
Portland, Me., Oct. 13 – At the conclusion of the extended holiday weekend, dealers wasted no time in building a robust $3.2 billion forward calendar.
Rolls-Royce plc upsized its three-part multicurrency megadeal, which will include a $1 billion tranche of seven-year notes, with pricing expected Wednesday.
Freedom Mortgage Corp. is also on deck with a $500 million offering of 5.5-year senior notes (existing ratings B2/B-).
Meanwhile, the secondary space was largely unchanged on Tuesday as third-quarter earnings season begins.
While volume was relatively light, NorthRiver Midstream Finance LP’s 5 5/8% senior secured notes due 2026 (Ba3/BB) were trading with a slight premium to their discounted issue price.
Peninsula Pacific Entertainment LLC’s 8½% senior notes due 2027 (Caa1/CCC+) continued their upward momentum in active trading.
Gray Television, Inc.’s 4¾% senior notes due October 2030 (B3/B+/BB-) were trading off their highs in high-volume activity.
Outside of recent deals, Royal Caribbean Cruises Ltd.’s 5¼% senior notes due 2022 were making gains as the company worked to secure financing to take out its 2020 notes.
© 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.