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UPDATE: Goodyear announces offering of $1 billion of high-yield bonds, amends credit agreement

The Goodyear Tire & Rubber Co. said Wednesday it has commenced a $1 billion offering of high-yield 10-year and 12-year bonds. Proceeds will be used along with cash on hand to redeem in full all outstanding $1 billion 5.125% senior notes due 2023. .....»»

Category: topSource: marketwatchMar 31st, 2021

Alcoa to offer $500 million of bonds

Alcoa Corp. said Monday it is planning to offer $500 million of bonds through its Alcoa Nederland Holding V.V. subsidiary. The timing of pricing and terms of the notes will be determined based on market conditions and other factors, the aluminum compa.....»»

Category: topSource: marketwatchMar 8th, 2021

Arconic to offer an additional $300 million of its 6.125% bonds that mature in 2028

Aluminum panel maker Arconic Inc. said Wednesay it is offering an additional $300 million of its 6.125% senior secured second-lien notes t.....»»

Category: topSource: marketwatchFeb 24th, 2021

U.S. Steel to offer $500 million of bonds that mature in 2029

U.S. Steel Corp. said Monday it is planning to offer $500 million of senior notes that mature in 2029 .....»»

Category: topSource: marketwatchFeb 8th, 2021

Live Nation to issue $800 million of bonds that mature in 2027

Live Nation Entertainment Inc. is planning to issue $800 million in senior secured notes that mature in 2027 in a private deal. The ticketing company said it will use the proceeds for general corporate p.....»»

Category: topSource: marketwatchMay 13th, 2020

Forex firm Travelex to default on coupon payment

Currency service provider Travelex [TFPI.UL] said on Wednesday it would default on a 14.4 million euro ($15.6 million) coupon payment on some of its senior notes as it grapples with a hit to earnings amid the coronavirus crisis......»»

Category: topSource: reutersMay 13th, 2020

Match is offering $500 million in bonds that mature in 2028

Match Group Inc. said Tuesday it is offering $500 million in senior notes that mature in 2028 in a private offering. Proceeds will be used to redeem the company's 6.375% senior notes.....»»

Category: topSource: marketwatchMay 12th, 2020

Cloudflare to offer $500 million of convertible bonds

Cloudflare Inc. said Tuesday it is offering $500 million of convertible senior notes that mature in 2025 in a private offering. Proceeds wil.....»»

Category: topSource: marketwatchMay 12th, 2020

Federal Reserve Notes Are Now “Backed” by Junk Bonds

Wild price action and unprecedented interventions once again characterized this holiday-shortened trading week. Oil prices whipsawed low.....»»

Category: bullionSource: goldsilverworldsMay 8th, 2020

United Airlines to offer $2.25 billion of bonds in private deal

United Airlines Inc. said Wednesday it is offering $2.25 billion in senior secured notes in a private offering. The bonds will be offered in two tranches maturing in 2023 and 2025. Proceeds of the deal will be used to repay a .....»»

Category: topSource: marketwatchMay 6th, 2020

Avis Budget to offer $400 million in bonds

Avis Budget Group Inc. said Monday it is planning to offer $400 million of senior secured notes that mature in 2025 in a private offering. The car rental company said proceeds will be used for general corporate p.....»»

Category: topSource: marketwatchMay 4th, 2020

Your CRM Quarantine Clean-Up Guide

Having a good approach to client relationships can completely alter the way you do business—and utilizing a good CRM is key to this success. But, if your contacts and notes are disorganized or out of date, it can negatively affect the way .....»»

Category: realestateSource: rismediaMay 3rd, 2020

Neiman Marcus missed an interest payment, Marble Ridge says

Neiman Marcus Group Ltd. missed a payment on some of its bonds, according to a letter from Marble Ridge Capital LP, raising the possibility that the luxury retailer is spiraling into default. In a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 18th, 2020

Six Flags to offer up to $665 million of bonds to repay debt and fund operations

Theme park operator Six Flags Entertainment Corp. said Wednesday it is offering up to $665 million of senior secured notes. The Grand Prairie, Tx.-based compa.....»»

Category: topSource: marketwatchApr 15th, 2020

S&P expects U.S. high-yield default rate to surge to 10% by end of year

S&P Global Ratings expects the trailing 12-month default rate for U.S. sub investment-grade corporate bonds, also refe.....»»

Category: topSource: marketwatchMar 20th, 2020

The bond market is starting to worry about a recession again

The yield curve, or the spread between bonds of various maturities, is tightening again, with the gap between the three-month and 10-year Treasury notes less than 5 basis points Wednesday......»»

Category: topSource: moneycentralJan 29th, 2020

The bond market is starting to worry about a recession again

The yield curve, or the spread between bonds of various maturities, is tightening again, with the gap between the three-month and 10-year Treasury notes less than 5 basis points Wednesday......»»

Category: topSource: moneycentralJan 29th, 2020

Bond market is starting to worry about a recession again

The yield curve, or the spread between bonds of various maturities, is tightening again, with the gap between the three-month and 10-year Treasury notes less than 5 basis points Wednesday......»»

Category: topSource: moneycentralJan 29th, 2020

The Margin: You can now pair Samuel L. Jackson — clean or explicit — with Alexa on Amazon Echo

Amazon will now offer select celebrities to pipe in when Echo is summoned, although Alexa still reigns as the default helper. The company has kicked off its celebrity voice program with Samuel L. Jackson......»»

Category: topSource: marketwatchDec 12th, 2019

Your 401(k)"s default option could result in 3 big mistakes

Target-date mutual funds, the default investment option in millions of retirement savers' 401(k)s, offer an age-appropriate portfolio of stocks and bonds. But a lot can still go wrong......»»

Category: topSource: moneycentralNov 20th, 2019