| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for Rithm Capital Corp. > News item |
Aston Martin starts junk roadshow; Xerox returns gains; Rithm struggles continue
By Paul A. Harris and Abigail W. Adams
Portland, Me., March 11 – The dollar-denominated primary market failed to generate any new issuance as the March 11 week got underway, but there was news.
Aston Martin Lagonda Global Holdings plc began officially marketing a £1.14 billion equivalent two-part offering of five-year senior secured notes (B3/B-/B) with pricing expected Wednesday.
Meanwhile, it was a quiet and flat day in the secondary space with all eyes on the Consumer Price Index report set for release early Tuesday.
With the pipeline calming and few making moves ahead of the CPI report, activity in the space was muted with few notable price movements.
Recent deals remained the driver of trading activity with several softer during Monday’s session.
Xerox Holdings Corp.’s recently priced 8 7/8% senior guaranteed notes due 2029 (B1/BB) continued to fade in aftermarket activity with the notes giving back much of their gains after a strong break.
Rithm Capital Corp.’s 8% senior notes due 2029 (B3/B-) continued to struggle with the notes falling further below their discounted issue price.
© 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.