Edition:
United States

Ciara Linnane

Heinz prices $3.1bn high-yield bonds at 4.25%

Mar 22 2013

NEW YORK, March 22 (IFR) - H.J. Heinz on Friday priced its $3.1 billion of high-yield bonds at 4.25%, according to a regulatory filing, in line with earlier guidance.

Investor protection on HY bonds hits low in January: Moody's

Feb 12 2013

Feb 12 (IFR) - Covenant quality on North American high-yield bonds declined to its lowest-ever level in January, mostly due to a spike in issuance of high-yield-lite bonds, Moody's Investors Service said on Tuesday.

Clear Channel may struggle with $10b maturity wall in 2016

Dec 03 2012

NEW YORK, Dec 3 (IFR) - Clear Channel Communications (CCU) is facing a stiff challenge in managing the more than USD10 billion of debt that will come due in 2016 without being forced into a restructuring of its balance sheet, Moody's Investors Service said on Monday.

High-yield covenant quality worsens in October: Moody's

Nov 09 2012

Nov 9 (IFR) - Covenant quality for high-yield bonds deteriorated in October, as especially lower-rated credits came to market with more aggressive structures, Moody's Investors Service said on Friday.

US corporate bond issuers rush to market ahead of election

Nov 02 2012

NEW YORK, Nov 2 (IFR) - The US corporate bond market came back with a bang this week after being shut down by the devastating storm Sandy in the US northeast.

US corporate defaults rise but outlook favorable: Moody's

Apr 25 2012

NEW YORK, April 25 (IFR) - US corporate defaults have been unusually high for two consecutive quarters but the uptick is unlikely to signal a worsening trend, Moody's Investors Service said on Wednesday.

World News

Hong Kong protesters throng streets under heavy rain

At least 100,000 anti-government protesters joined a mass rally in Hong Kong on Sunday, filling major thoroughfares in heavy rain in the eleventh week of what have been often violent demonstrations in the Asian financial hub.