1/6/2022 | BKHYIGPF | S&P ups CIT, pulls ratings
|
1/6/2022 | BKIGPF | Fitch rates First Citizens BBB
|
1/5/2022 | BKHYIG | Moody’s ups CIT, cuts First Citizens
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12/23/2020 | HYLM | CIT Group to fully redeem $500 million 4 1/8% notes due 2021 at par
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11/6/2020 | BKHYIGPF | Fitch revises CIT Watch to positive
|
10/20/2020 | BKHYIGPF | S&P puts CIT on positive watch
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10/19/2020 | BKHYIGPF | DBRS puts CIT on positive review
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10/19/2020 | BKHYIGPF | Moody’s eyes First Citizens for cut, CIT for upgrade
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10/19/2020 | BKHYIGPF | Fitch puts CIT on evolving watch
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10/16/2020 | IG | Market Commentary: BNY Mellon, RiverNorth price; CIT Group leaps higher; Truist preferreds lose
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10/16/2020 | PF | Market Commentary: BNY Mellon, RiverNorth price; CIT Group leaps higher; Truist preferreds lose
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10/16/2020 | PF | Market Commentary: Morning Commentary: CIT Group preferreds shoot higher; PennyMac, Public Storage improve
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6/19/2020 | BKHYIGPF | Fitch rates CIT Group notes BBB-
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6/17/2020 | HYIG | New Issue: CIT details $500 million 3.929% four-year fixed-to-floating notes
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6/16/2020 | IG | Market Commentary: Pacific Gas, Bank of America, Merck, Danske, BorgWarner, Perrigo, Welltower, Wabtec price
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6/16/2020 | HYIG | New Issue: CIT prices $500 million 3.929% four-year notes to yield Treasuries plus 370 bps
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6/16/2020 | IG | Market Commentary: Morning Commentary: High-grade supply climbs; Merck, Wabtec, BorgWarner, Perrigo on tap
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6/16/2020 | HYIG | CIT Group aims to price fixed-to-floating notes based on SOFR
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6/2/2020 | HYLM | CIT Group unit to accept tenders for $234.75 million of 2.969% notes
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5/26/2020 | IGLM | CIT begins tender for 2.969% fixed-to-floating notes due 2025
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5/4/2020 | IG | Moody's downgrades ADO
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5/4/2020 | IGPF | S&P revises outlooks for 13 U.S. banks
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4/29/2020 | IGPF | DBRS confirms, revises CIT trend to negative
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4/29/2020 | BKIGPF | Fitch puts CIT on watch
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11/21/2019 | PF | Market Commentary: Morning Commentary: Ready Capital preps add-on; AXA trades below par; Allstate declines
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11/20/2019 | PF | Market Commentary: Morning Commentary: Global Net Lease, AXA preferred shares on tap; Deutsche Bank lower
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11/19/2019 | IG | Market Commentary: QVC sells $25-par senior notes; Morgan Stanley finishes at par; American Equity rises
|
11/19/2019 | PF | Market Commentary: QVC sells $25-par senior notes; Morgan Stanley finishes at par; American Equity rises
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11/19/2019 | PF | Market Commentary: Morning Commentary: Morgan Stanley preferreds at par; Energy Transfer 7.6% units sink
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11/18/2019 | PF | Market Commentary: Morning Commentary: Morgan Stanley on tap; American Equity weaker; Qwest notes gain
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11/15/2019 | IG | Market Commentary: DZ Bank sells preferreds; American Equity above par; Bancorp South negative
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11/15/2019 | PF | Market Commentary: DZ Bank sells preferreds; American Equity above par; Bancorp South negative
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11/13/2019 | BKHYIGPF | Fitch ups CIT, shifts view to stable
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11/12/2019 | PF | Market Commentary: Post-holiday preferreds mixed; Fortress Biotech, Goldman Sachs, American Equity offer deals
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11/11/2019 | PF | Market Commentary: Morning Commentary: Monmouth positive; Duke Energy rises; CIT Group better
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11/8/2019 | IG | Market Commentary: JPMorgan preferreds vary; Allstate better; PS Business Parks decline
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11/8/2019 | PF | Market Commentary: JPMorgan preferreds vary; Allstate better; PS Business Parks decline
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11/8/2019 | PF | Market Commentary: Morning Commentary: CIT under par; NGL preferreds crater; Allstate active, unchanged
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11/8/2019 | HY | New Issue: CIT prices $100 million five-year 4 1/8% fixed-to-fixed notes at par
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11/7/2019 | PF | Market Commentary: Synchrony under par; Allstate preferreds weaker; Northern Trust negative
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11/7/2019 | IGPF | New Issue: CIT Group sells $200 million $25-par 5.625% non-cumulative preferreds
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11/7/2019 | HY | CIT Group plans to offer $100 million subordinated notes due 2029
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11/7/2019 | PF | Market Commentary: Morning Commentary: CIT to tap $25-par market; Synchrony at par; Northern Trust down
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11/7/2019 | IGPF | CIT Group plans to sell $25-par non-cumulative perpetual preferreds
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8/13/2019 | BKBWHYPF | CIT Group plans $850 million of notes, subordinated debt, preferreds
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1/29/2019 | BKBWHY | CIT redeems $430 million of debt and reports ‘strong’ capital levels
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11/20/2018 | BKHYPF | Fitch lifts CIT Group view to positive
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11/2/2018 | HYLM | CIT Group to redeem 5 3/8% senior notes due 2020 on Dec. 4 at par
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10/17/2018 | BKHYPF | Moody's upgrades CIT
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8/17/2018 | HYLM | CIT to redeem $500 million 3 7/8% notes due 2019 on Sept. 20
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8/16/2018 | BKCVDDEMIGPV | Market Commentary: Silence on Starwood; Denbury improves; CIT at par; J.C. Penney under pressure
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8/16/2018 | HY | Market Commentary: Silence on Starwood; Denbury improves; CIT at par; J.C. Penney under pressure; Diamondback mixed
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8/16/2018 | BKHYPF | DBRS rates CIT notes BB (high)
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8/15/2018 | BKCVDDEMIGPV | Market Commentary: Primary quiet; Denbury dominates, trades down; CIT Group lags; California Resources down
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8/15/2018 | HY | Market Commentary: Primary quiet; Denbury dominates, trades down; CIT Group lags; California Resources down
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8/15/2018 | HY | Correction: Keefe, Bruyette & Woods was a joint bookrunner for CIT’s 4¾% notes
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8/14/2018 | BKCVDDEMIGPV | Market Commentary: CIT Group, Frontdoor, Denbury, Qorvo, Cogent price; Starwood on tap; Curo lags
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8/14/2018 | HY | Market Commentary: CIT Group, Frontdoor, Denbury, Qorvo, Cogent price; Starwood on tap; Curo lags; Masonite stuck at par
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8/14/2018 | HY | New Issue: CIT Group sells $500 million long five-year notes at par to yield 4¾%
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8/14/2018 | HY | CIT Group to sell benchmark dollar long five-year notes on Tuesday
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6/13/2018 | BKBWHYLM | CIT aims to keep shaving $3.9 billion debt, refinancing and extending
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4/5/2018 | BKHYPF | DBRS changes CIT to positive
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3/9/2018 | HYLM | CIT to redeem $500 million 3 7/8% notes, $383 million 5½% notes
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3/9/2018 | BKHYPF | DBRS rates CIT notes BB (high), BB
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3/8/2018 | HY | Market Commentary: Frontier, Springleaf lead year’s busiest day; new issues busy; funds lose $525 million
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3/7/2018 | HY | Market Commentary: Upsized Teva megadeal prices; new Ball notes busiest; CIT trades up; Frontier mostly up ahead of deal
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3/7/2018 | BKCVDDEMIGPV | Market Commentary: Upsized Teva megadeal prices; new Ball notes busiest; CIT trades up; Frontier mostly up
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3/7/2018 | HY | Market Commentary: Morning Commentary: CIT subordinated paper soars into secondary; Teva launches upsized $4.5 billion
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3/6/2018 | HY | Market Commentary: Three-part CIT drive-by leads deal parade; Ball, William Lyons, Buena Vista also price; Teva on tap
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3/6/2018 | HY | Market Commentary: Three-part CIT drive-by leads deal parade; Ball, William Lyons, Buena Vista also price; Teva on tap
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3/6/2018 | BKCVDDEMIGPV | Market Commentary: Three-part CIT drive-by leads deal parade; Ball, William Lyons, Buena Vista also price
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3/6/2018 | HY | New Issue: CIT Group prices $1.4 billion notes in tranches due 2021, 2025, 2028
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3/6/2018 | HY | CIT Group launches $1.4 billion notes in three tranches
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3/6/2018 | BKHYPF | S&P rates CIT notes BB+, BB
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3/6/2018 | BKHYPF | Moody’s rates CIT notes Ba2, view positive
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3/6/2018 | BKHYPF | Fitch to rate CIT notes BB+
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3/6/2018 | HY | CIT Group’s benchmark three-part notes coming in Tuesday drive-by
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2/21/2018 | BK | CIT Group extends revolver to 2020, cuts commitments to $500 million
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12/18/2017 | BKHYIGPF | S&P affirms CIT Group
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10/24/2017 | BWHYLMPF | CIT reduces debt by $800 million, further debt reduction is possible
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10/13/2017 | BKHYPF | DBRS upgrades CIT Bank
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9/29/2017 | HYLM | CIT Group wraps one-month tender for $800 million of three series
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9/15/2017 | HYLM | CIT Group begins one-month capped tender for three series of notes
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7/25/2017 | BWIGPF | CIT plans to continue paying down debt after $5.8 billion reduction
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6/5/2017 | BKHYPF | DBRS assigns B (high) to CIT preferreds
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6/2/2017 | IG | Market Commentary: First Republic Bank, DDR get temporary tickers; Public Storage, Colony NorthStar firm
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6/2/2017 | PF | Market Commentary: First Republic Bank, DDR get temporary tickers; Public Storage, Colony NorthStar firm
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6/2/2017 | PF | Market Commentary: Morning Commentary: First Republic, DDR receive temporary tickers; Public Storage paper firms
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6/1/2017 | IG | Market Commentary: Liquidity limited; First Republic Bank, CIT preferreds free to trade; B. Riley notes list
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6/1/2017 | PF | Market Commentary: Liquidity limited; First Republic Bank, CIT preferreds free to trade; B. Riley notes list
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6/1/2017 | PF | Market Commentary: Morning Commentary: Liquidity limited to start month; First Republic, CIT deals free to trade
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5/31/2017 | IG | Market Commentary: First Republic prices upsized offering of $25-par preferreds; CIT brings $1,000-par issue
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5/31/2017 | PF | Market Commentary: First Republic prices upsized offering of $25-par preferreds; CIT brings $1,000-par issue
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5/31/2017 | IGPF | New Issue: CIT sells $325 million 5.8% $1,000-par fixed-to-floating noncumulative preferreds
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5/31/2017 | BKHYPF | Fitch rates CIT preferreds B
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5/31/2017 | PF | Market Commentary: Morning Commentary: First Republic adds deal to calendar; CIT issue launched; DDR frees to trade
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5/30/2017 | IG | Market Commentary: Preferred primary calendar builds; DDR comes upsized, tight to talk; Public Storage firms
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5/30/2017 | PF | Market Commentary: Preferred primary calendar builds; DDR comes upsized, tight to talk; Public Storage firms
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5/30/2017 | BKHYPF | S&P rates CIT preferreds B+
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5/30/2017 | PF | Market Commentary: Morning Commentary: Preferred stock new issue calendar builds; DDR offering $25-par paper
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5/30/2017 | IGPF | CIT Group offers $325 million of $1,000-par fixed-to-floating noncumulative preferred stock
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4/18/2017 | HYLM | CIT Group purchases $969 million 5½% notes in oversubscribed tender
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4/7/2017 | BKHY | Moody’s upgrades CIT Group, CIT Bank
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4/4/2017 | HYLM | CIT to redeem four series of notes totaling $4.84 billion on May 4
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4/4/2017 | HYLM | CIT begins tender offer for up to $950 million of three note series
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4/4/2017 | HYLM | CIT Group to redeem $5.8 billion senior debt in April via asset sale
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4/4/2017 | PF | CIT Group may sell about $325 million of tier 1 qualifying preferreds
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2/27/2017 | BK | CIT Group extends revolver to 2019, lowers capacity to $1.4 billion
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12/22/2016 | BKHY | S&P rates CIT notes BB+
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12/22/2016 | HYLM | CIT Group holders exchange $955.9 million 5% notes due 2017 so far
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12/8/2016 | HYLM | CIT Group offers 5% notes due 2018 in exchange for 5% notes due 2017
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10/14/2016 | BKHY | DBRS: CIT Bank view to positive
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10/11/2016 | BKCVDDEMIGPV | Market Commentary: Peabody Energy sees renewed gains; CIT trades up; Rent-A-Center debt in retreat
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10/11/2016 | HY | Market Commentary: Peabody Energy sees renewed gains amid tumultuous oil news; CIT trades up; Rent-A-Center debt in retreat
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10/7/2016 | BKHYIG | Moody’s might lift CIT
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6/3/2016 | BKHYIG | Moody’s upgrades CIT Group, rates CIT Bank Baa3
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2/18/2016 | BK | CIT Group extends, amends margin of $1.5 billion revolving agreement
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12/4/2015 | BKHY | S&P lifts CIT Group ICR, debt to BB+
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10/23/2015 | BKHY | Moody’s revises CIT Group to positive
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9/1/2015 | BKHY | DBRS raises CIT Group, CIT Bank
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8/26/2015 | BKPV | CIT Group, TPG Special Situations launch secured financing venture
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3/6/2015 | BKHY | Moody’s lowers CIT debt to B1
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12/24/2014 | BKHY | Moody’s continues CIT review
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12/4/2014 | BKHY | Fitch gives BB+/B IDRs to CIT
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7/23/2014 | BKHY | Moody’s might drop CIT Group
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7/22/2014 | BKHY | CIT Group to issue up to $2 billion in new debt to fund OneWest merger
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2/18/2014 | HY | Market Commentary: Post-holiday primary silent; Modular Space deal slates; takeover news boosts Forest Labs
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2/14/2014 | HY | Market Commentary: Chuck E. Cheese, Playa price to cap $3.4 billion week, pre-holiday trading firm but quiet
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2/13/2014 | HY | Market Commentary: Diamond, Norshore deals price; Charter bonds busy on Time Warner news; funds jump $1.45 billion
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2/12/2014 | HY | New Issue: CIT prices $1 billion five-year bullet notes at par to yield 3 7/8%
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2/12/2014 | HY | Market Commentary: CIT Group, Griffon drive by; new CIT paper heavily traded; overall market seen firmer
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2/12/2014 | HY | CIT intends to price benchmark five-year bullet notes Wednesday
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1/28/2014 | BK | CIT Group restates revolver to lower total commitment to $1.5 billion
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1/28/2014 | BKHY | CIT building cash ahead of debt maturities, optimistic about ratings
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8/2/2013 | HY | Market Commentary: Midday Commentary: J.C. Penney bonds struggle despite company denial of vendor credit problems
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8/1/2013 | HY | Market Commentary: Midday Commentary: J.C. Penney bonds partly rebound as company denies vendor credit problem
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7/29/2013 | HY | Market Commentary: Sirius XM Radio, Icahn, Tesoro Logistics lead $2 billion session as market awaits Fed
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7/26/2013 | BKHY | DBRS gives CIT notes BB
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7/26/2013 | HY | Market Commentary: Brightstar, downsized Alliance One price to cap $6.2 billion week; new CIT issue busily traded
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7/25/2013 | HY | CIT shops benchmark 10-year notes at 51/4% area yield for Thursday
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7/25/2013 | HY | New Issue: CIT prices $750 million 5% 10-year notes at 99.031 to yield 5 1/8%
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7/25/2013 | HY | Market Commentary: CIT Group, Parker Drilling, Woodside Homes, Atlas Resource price; funds jump by $3.3 billion
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7/23/2013 | BKHY | CIT Group ends 'strong' Q2 with $5.7 billion cash; board authorizes $200 million stock buyback
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7/8/2013 | HY | Market Commentary: RKI, Continental deals slate but Technicolor pulled; Sprint Nextel off on Softbank downgrade
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4/23/2013 | BKHY | CIT Group ends Q1 with $5.5 billion cash, focuses on cutting expenses
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4/23/2013 | HYLM | CIT redeems $41 million notes in first quarter, plans $20 million more
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2/12/2013 | BKHY | S&P: CIT Group view positive
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1/29/2013 | BKHY | CIT Group revises financials, ends Q4 with $6.8 billion cash
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1/28/2013 | HY | Market Commentary: Atlas Pipeline, Weekley Homes price; Weekley gains; Chiquita slates; Beazer, Sabine deals await
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1/8/2013 | BKHY | Moody's upgrades CIT Group
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12/17/2012 | BKHY | DBRS upgrades CIT Group
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10/23/2012 | BKHY | CIT Group completes strategic milestones, refinances $4.6 billion of debt in third quarter
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9/24/2012 | HY | Market Commentary: Gray TV, Frontier, Ply Gem, BreitBurn price; calendar builds; Calpine terminates deal
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8/20/2012 | HYLM | CIT Group calls remaining $681 million of 7% series C notes
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8/6/2012 | HYLM | CIT Group to redeem additional $3.29 billion of its 7% notes Sept. 5
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8/3/2012 | BKCACVHY | DBRS gives CIT notes BB
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8/1/2012 | BKCVHY | DBRS: CIT Group unchanged
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8/1/2012 | HY | Market Commentary: Level 3, Crescent price to open August; Jabil up but other new deals little moved; Boyd next
|
7/31/2012 | HY | New Issue: CIT prices $3 billion of five-, 10-year bullet notes
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7/31/2012 | HY | Market Commentary: Giant CIT drive-by deal closes out July, trades firmer; Jabil prices; West slates bond issue
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7/30/2012 | BKHY | CIT Group reports 'solid' second quarter, cuts debt by $4.2 billion
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7/20/2012 | HYLM | CIT Group calls additional $600 million of 7% series C notes due 2016
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6/28/2012 | CA | Market Commentary: Canadian markets quiet ahead of holiday; high-yield deals forecast; bank paper mixed
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6/27/2012 | CA | CIT holds Canadian roadshow for offering of asset-backed notes
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6/27/2012 | CA | Market Commentary: OPB Finance sells long bonds; John Deere Canada prices; CIT plans ABS deal; AltaLink firms
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6/19/2012 | HY | Market Commentary: Split-rated Newfield, DDR deals make up only pricing action; Newfield firms; Choice slates
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5/23/2012 | BK | CIT Group adds Wessan as managing director, head of Capital Markets
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5/7/2012 | HYLM | CIT Group to redeem $2 billion of 7% series C senior notes due 2017
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5/3/2012 | HY | Market Commentary: Rite Aid, iStar drive-by deals lead primary; CNG, Affinity ahead; funds jump by $1.19 billion
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5/2/2012 | HY | Market Commentary: Sabre bonds price, soar, new CIT tranches up; Chesapeake chokes on results, new CEO woes
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5/1/2012 | HYLM | CIT Group plans to refinance 7% series C notes with offering proceeds
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5/1/2012 | HY | New Issue: CIT Group prices $2 billion of five-, eight-year bullet notes
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5/1/2012 | HY | Market Commentary: CIT Group brings $2 billion deal; new Telesat bonds firm; Chesapeake, Sears gain on news
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4/26/2012 | BKCVHY | DBRS: CIT Group unchanged
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4/24/2012 | BKHYLM | CIT Group continued paying down debt in Q1, hopes to speed up process
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4/2/2012 | HYLM | CIT Group announces $500 million redemption of 7% series C notes
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3/26/2012 | HY | Market Commentary: Lyondell megadeal, Avis add-on price; Hercules coming next; Poindexter pop continues
|
3/16/2012 | HY | Market Commentary: Monitronics caps $8.4 billion primary week, trades up; Lawson, Alliance, Rexel slate deals
|
3/15/2012 | BKCVHY | DBRS rates CIT Group notes BB
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3/15/2012 | HY | Market Commentary: Upsized MGM mega-deal, Spectrum price; some new deals struggle; funds see $487 million inflow
|
3/15/2012 | HYLM | CIT Group announces $1.6 billion redemption of 7% series C notes
|
3/14/2012 | HY | Market Commentary: Fortescue, split-rated ILFC mega-deals price, Host, Motor City also; market turns lackluster
|
3/13/2012 | HY | Market Commentary: Air Lease megadeal, DJO drive by; new U.S. Steel, CIT very busy; junk stronger overall
|
3/12/2012 | BKCVHY | DBRS gives provisional BB (low) rating to CIT notes
|
3/12/2012 | HY | New Issue CIT Group prices $1.5 billion six-year notes at par to yield 51/4%
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3/12/2012 | HY | Market Commentary: CIT megadeal, U.S. Steel drive by, firm in trading; Neuberger prices; Bon-Ton bonds rise
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3/12/2012 | HYLM | CIT Group to use note proceeds to refinance 7% series C notes
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3/9/2012 | BK | S&P lifts CIT Group, debt to BB-, cuts loan
|
3/9/2012 | CVHY | CIT Group files automatic shelf registration covering debt securities
|
3/9/2012 | CVHY | S&P lifts CIT Group, debt to BB-; cuts loan
|
2/16/2012 | BKCVHY | Moody's upgrades CIT
|
2/13/2012 | BKCVHY | DBRS upgrades CIT Group
|
2/7/2012 | HYLM | CIT Group calls $4 billion of 7% second-priority notes due 2016, 2017
|
2/3/2012 | BKCVHY | DBRS: CIT notes at B (high)
|
2/3/2012 | HY | Market Commentary: Restructured Samson, upsized Ineos mega-deals close out $15 billion week, busiest in months
|
2/2/2012 | HY | Market Commentary: CIT, Limited mega-deals lead $6 billion day; new Schaefflers surge; funds post more big gains
|
2/2/2012 | SP | New Issue: Bank of America sells $10 million 1.15% mandatory exchangeables on CIT
|
2/2/2012 | HY | New Issue: CIT prices $3.25 billion secured notes in three-, seven-year tranches
|
1/31/2012 | BKCVHYLM | CIT repays $860 million of debt, aims to take out $2.5 billion more
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1/23/2012 | SP | Bank of America to price 5.7% mandatory exchangeables linked to CIT
|
12/30/2011 | LM | Outlook 2012: Cargill, AIG, CIT, LyondellBasell big deals in 2011; lower volume eyed in 2012
|
12/22/2011 | HYLM | CIT Group calls $2 billion of 7% second lien notes due 2015 and 2016
|
10/25/2011 | BKHYLM | CIT redeemed $4.5 billion of debt in third quarter, aims to eliminate last of series A bonds
|
10/25/2011 | HY | Market Commentary: Upsized Kinetic, FMG, MarkWest, Chesapeake deals pace busiest junk primary session in months
|
9/23/2011 | HY | Market Commentary: Mannkind, Platinum deals slate as primary ends $1 billion week; secondary stays under pressure
|
9/14/2011 | BKHY | CIT to use 'all angles' to reduce high-cost debt, CFO tells conference
|
9/14/2011 | HYLM | CIT Group to redeem remaining $460 million of 7% second-lien notes
|
8/31/2011 | HYLM | CIT Group to redeem additional $1 billion of 7% second-lien notes
|
8/29/2011 | HY | Market Commentary: Junk market mood sunnier with hurricane gone; issues firm while volume levels light; primary still
|
8/26/2011 | BKCVHY | DBRS rates CIT loan BB
|
8/26/2011 | BKCVHY | Moody's gives CIT loan Ba3
|
8/25/2011 | BK | CIT Group establishes $2 billion four-year revolver, repays term loan
|
8/15/2011 | HY | Market Commentary: NewPage, Sino-Forest report earnings, bonds slow to react; retailers up; Lyondell hangs in
|
7/28/2011 | BKCVHY | DBRS: CIT Group unchanged
|
7/26/2011 | BKCVHYLM | CIT Group's $2.5 billion debt repayment negatively impacts quarter
|
7/14/2011 | BK | CIT Group to prepay $500 million of senior first-lien term loan
|
6/20/2011 | HY | Market Commentary: Ducommun deal hits the road; secondary seen spotty, even new issues quiet; NewPage quiets down
|
6/16/2011 | BKCVHY | DBRS rates CIT notes B (high)
|
6/14/2011 | HYLM | CIT gets tenders for $8.77 billion 7% series A notes in exchange offer
|
6/8/2011 | BKCVHY | CIT looks to keep cutting debt costs in 2011, seeks high-grade ratings
|
5/31/2011 | HYLM | CIT collects required consents for three series of second-lien notes
|
5/17/2011 | HYLM | CIT launches exchange offer, solicitation for three notes series
|
5/3/2011 | BKCVDDHY | Moody's ups CIT Group
|
4/28/2011 | BKCVHY | DBRS: CIT Group unchanged
|
4/20/2011 | HY | Market Commentary: Community Choice, Superior, CDW price; Anadarko unchanged as lawsuit filed; CIT gets a boost
|
4/6/2011 | HY | Market Commentary: Oppenheimer, Navios deals price, trade up; International Wire pulled; market awaits AEP notes
|
3/30/2011 | HYLM | CIT Group to redeem additional $2.5 billion of 7% second lien notes
|
3/28/2011 | HY | Market Commentary: Visteon, Claiborne shop deals; secondary steady; deals hold gains; market debates data
|
3/25/2011 | HY | Market Commentary: Aperam, Crestwood price to cap off $10 billion week; new NII bonds jump in busy trading
|
3/24/2011 | HY | Market Commentary: NII, Plains Exploration drive-bys, James River pace primary; deals move up; funds drop big
|
3/23/2011 | HYLM | CIT Group to use proceeds from 2014 note offering to retire 2013 notes
|
3/23/2011 | BKCVHY | Moody's rates CIT notes B3
|
3/23/2011 | BKCVHY | DBRS rates CIT notes B (high)
|
3/23/2011 | HY | New Issue: CIT Group prices $2 billion of three-, five-year secured notes
|
3/23/2011 | HY | Market Commentary: CIT, Kabel BW price big deals, new Kabels climb, existing CITs active; Copano, Limited up
|
3/17/2011 | HY | Market Commentary: EV Energy, Pretium, Hyva price deals; General Maritime gyrates; funds see first 2011 decline
|
3/1/2011 | HYLM | CIT Group to redeem $500 million of 7% second-lien notes due 2013
|
2/17/2011 | BKCVHY | DBRS: CIT Group unchanged
|
2/15/2011 | BKHYLM | CIT Group makes debt-cutting progress, repays over $7 billion in 2010
|
2/15/2011 | HY | Market Commentary: Upsized Clear Channel mega-deal prices, firms in quiet market; Key Energy up on tender news
|
1/5/2011 | DD | Market Commentary: Ahern Rentals climb; GM steady after Tuesday gains; AIG bonds busy on asset-sale buzz
|
1/5/2011 | DD | Market Commentary: Ahern Rentals climb; GM steady after Tuesday gains; AIG bonds busy on asset-sale buzz
|
1/4/2011 | HY | Market Commentary: High-yield primary sees first 2011 pricings from Charter, Regal; Rite Aid, Ally bonds better
|
1/3/2011 | DD | Market Commentary: Distressed debt market sizzles in first session of 2011; Dynegy moves up, board OKs Icahn bid
|
1/3/2011 | HY | Market Commentary: Junk market roars back to life as 'January Effect' kicks in; CommScope plans secured deal
|
12/31/2010 | HYLM | CIT Group to redeem $500 million 7% series A second-lien notes
|
11/10/2010 | HYLM | CIT Group to redeem all $752 million of 101/4% series B notes due 2017
|
10/27/2010 | BKCVHY | DBRS: CIT Group unchanged
|
10/26/2010 | HY | Market Commentary: Oversubscribed Fortescue mega-deal prices, gains; new MGM struggles; market awaits Momentive
|
10/25/2010 | HY | Market Commentary: MGM sells $500 million eight-years, bonds rise; Dunkin' slates; Fortescue $2 billion awaits
|
10/20/2010 | BK | Moody's may lift BRSP
|
10/5/2010 | HYLM | CIT calls all outstanding $860 million 10.25% notes due 2015 and 2016
|
9/22/2010 | HY | Market Commentary: New deals still flood in; CHC, Windstream, Freescale priced; Rite Aid dips before earnings
|
9/21/2010 | HYLM | CIT Group to redeem $537 million 101/4% series B second-lien notes
|
9/13/2010 | HY | Market Commentary: B/E Aero, Inergy, Continental drive-bys lead $2.3 billion primary; new deals up in trading
|
9/10/2010 | HY | Market Commentary: EXCO prices $750 million; issuance at record high, much more to come; market firm; CIT higher
|
9/7/2010 | HY | Market Commentary: Upsized MetroPCS prices as junk returns from break; OI, EXCO, Celanese slate; secondary quiet
|
8/13/2010 | BKHY | Moody's rates CIT's loan B1
|
8/12/2010 | BKHY | S&P rates CIT loan BB
|
8/11/2010 | BK | Market Commentary: Pinnacle Foods firms pricing, breaks; Toys 'R' Us rises; Medical Card, AMN, Chemtura set talk
|
8/6/2010 | BK | Market Commentary: CIT Group, Blount break; Gentiva tweaks deal; AMN banks surface; MultiPlan nets orders
|
8/2/2010 | BK | CIT Group lowers spread on $3 billion term loan to Libor plus 450 bps
|
8/2/2010 | BK | Market Commentary: NRG up; Strategic Partners sets talk; CIT tweaks; Ferro, Evertec, Pet Supplies firm launches
|
7/29/2010 | BK | CIT tightens spread talk, cuts discount on $3 billion refinancing loan
|
7/29/2010 | BK | Market Commentary: CIT tightens spread talk, cuts OID; Cedar Fair, Altegrity break; loan funds add $99 million
|
7/28/2010 | HY | Market Commentary: Ford Credit drives by, inVentiv prices, Energy Solutions slates; Atlas Pipeline up on sale
|
7/27/2010 | BK | CIT Group readies launch of $3 billion term loan for Thursday
|
7/27/2010 | BK | Market Commentary: CIT moves on refi news; PSC breaks; Insight, HMA, Supervalu inch up; MultiPlan firms timing
|
7/27/2010 | BKBWCVHY | CIT touts debt-cutting progress, to pay down another $1 billion, opens first-lien refinance effort
|
7/27/2010 | DD | Market Commentary: A&P debt 'off the bottom'; BP better despite loss; CIT up on numbers; broad market still strong
|
7/27/2010 | HY | Market Commentary: Aircastle, upsized Air Canada, Texas Industries price; CIT firms on Q2 results, debt plans
|
7/21/2010 | HY | Market Commentary: Wynn brings $1.32 billion drive-by, Crown unit also prices, await Entravision; SLM off on numbers
|
7/16/2010 | DD | Market Commentary: Harrah's dips post Paulson IPO news; TXU slips on exchange offer; CIT debt lower on technicals
|
7/13/2010 | HY | Market Commentary: NXP prices upsized megadeal; existing bonds rise; Energy Solutions plans deal; market firmer
|
7/8/2010 | DD | Market Commentary: Skilled Healthcare bonds slide on verdict news; Tronox falls, Anadarko gains; financials firm
|
7/7/2010 | DD | Market Commentary: Skilled Healthcare crashes; GM dips despite sale, market; WaMu holds steady; broad market firm
|
7/6/2010 | HY | Market Commentary: CKE prices, Fidelity slates mega-deal, GenOn to also sell notes; CIT up amid quiet secondary
|
7/6/2010 | DD | Market Commentary: First Data debt firms; Anadarko still improving; Blockbuster steady; Clear Channel gains
|
7/2/2010 | DD | Market Commentary: Blockbuster bonds trade flat after missed payment; CIT debt up on news; NewPage, Anadarko firm
|
6/24/2010 | BK | CIT Group repaying $1.25 billion of credit facility borrowings
|
6/24/2010 | HY | Market Commentary: Clear Channel off on CEO exit, Rite Aid easier; market off amid $1.4 billion funds gain
|
6/16/2010 | HY | Market Commentary: Upsized TitleMax prices, Michael Foods shops deal; Gulf energy names mixed; NewPage rebounds
|
5/28/2010 | HY | Market Commentary: Toys 'R' Us firms on IPO plan, ATP off again, junk mostly quiet in holiday-shortened session
|
5/26/2010 | HY | Market Commentary: Junk jumps, but then surrenders most gains; First Data on rebound; Triumph Group slates deal
|
5/24/2010 | DD | Market Commentary: First Data recoups some losses; WaMu mixed on new settlement; Smurfit up on shareholder pact
|
5/21/2010 | BKDDHY | Moody's rates CIT loans B1, notes B3, Caa1
|
5/21/2010 | HY | Market Commentary: SkillSoft prices eight-years; First Data finally firms as junk rebounds from Thursday slide
|
5/19/2010 | HY | Market Commentary: American Tire, Dave & Buster's price; NewPage, Verso lead paper sector lower in 'ugly' market
|
5/18/2010 | BK | DBRS rates CIT B, loan BB, notes BB, B
|
5/17/2010 | DD | Market Commentary: GM gyrates higher, busily on Q1 profit, Ford firm too; First Data struggles again post-numbers
|
5/12/2010 | DD | Market Commentary: Blockbuster 'pops' ahead of earnings; CIT active, unchanged; Visteon gains; broad market firms
|
5/12/2010 | HY | Market Commentary: Upsized Mylan, Kratos price, rise in aftermarket; most issues better; Towergate drops out
|
5/10/2010 | HY | Market Commentary: Citgo, MDC slate deals, MCE talks; secondary rebounds with stocks, many issues up points
|
5/7/2010 | DD | Market Commentary: NewPage debt off post-numbers; Smurfit loses ground; GM unchanged, 'volatile'; Harrah's lower
|
5/6/2010 | DD | Market Commentary: Smurfit notes hit by weak market; casino drops in market sympathy; broad market under pressure
|
5/6/2010 | HY | Market Commentary: Junk stumbles as equity tumbles; three price, two shelved; funds in first fall since February
|
5/5/2010 | HY | Market Commentary: Junk off with sagging stocks; Ineos prices two-parter, Regal, OnCure to come; Essar bows out
|
5/4/2010 | DD | Market Commentary: Sorenson notes take ride; Bon-Ton rating lifted, bonds steady; General Growth holds its ground
|
4/30/2010 | BK | CIT Group pays down $1.5 billion of first-lien bank borrowings
|
4/30/2010 | BKHY | S&P rates CIT loans BB, notes B+
|
4/28/2010 | HY | Market Commentary: Reynolds mega-deal, Levi, five others price, DWS, Cooper next; Ineos, American Petroleum slate
|
4/27/2010 | BKBWCVHY | CIT Group prepays $750 million of first-lien debt, preparing to repay another $1.5 billion
|
4/16/2010 | HY | Market Commentary: C&S closes busy week; Americold, Allbritton, Penn Virginia slate; Goldman mesmerizes market
|
4/14/2010 | HY | Market Commentary: Charter brings $1.6 billion drive-by, trades up, GMAC prices; International Wire slates deal
|
4/13/2010 | HY | Market Commentary: Harrah's prices upsized drive-by deal; ATP, Cleave-Brooks slate; new Cablevision, Rosetta up
|
3/18/2010 | DD | Market Commentary: New issues, crossovers hurt distressed; Blockbuster takes a breather; ILFC new issue pops
|
3/18/2010 | HY | Market Commentary: Junk primary pauses after big session; secondary slows; funds add $597 million; Smithfield up
|
3/17/2010 | BKBWHY | CIT Group planning to pay down maximum amount of high-cost debt
|
3/12/2010 | HY | Markit shuffles companies making up CDX.NA High Yield index
|
3/10/2010 | HYIG | Markit reveals removals from CDX investment-grade, high-yield indexes
|
2/8/2010 | BK | CIT Group to repay $750 million of first-lien bank debt on Tuesday
|
2/8/2010 | BKDD | CIT Group: CVR holders won't receive common stock distribution
|
2/1/2010 | DD | Market Commentary: Synovus debt posts gains; CIT notes steady; Blockbuster goes back down; Spansion enters market
|
1/20/2010 | HY | Market Commentary: Newfield, Accellent, Vanguard offerings price; market awaits Energy Transfer's mega-deal
|
1/14/2010 | DD | Market Commentary: MGM notes up and down; Smurfit holds its ground; Ford mixed on new add-on; broad market mixed
|
1/14/2010 | HY | Market Commentary: Upsized Hexion, Ford Credit, Jarden deals price; new Brocade better; funds gain $734 million
|
1/13/2010 | HY | Market Commentary: Upsized Virgin Media leads primary, Brocade prices, market awaits Sorenson, Jarden deals
|
1/12/2010 | DD | Market Commentary: R.H. Donnelley jumps on exit news; GM dips on profit taking; AIG steady to slightly stronger
|
1/11/2010 | HY | Market Commentary: United, CMS, B&G, Scotts price, others slate as market awaits Icahn deal; new bonds move up
|
1/7/2010 | DD | Market Commentary: Lehman bonds active; GM unfazed by CEO comments; Neiman, Bon-Ton end higher; broad market firm
|
1/7/2010 | HY | Market Commentary: Upsized Qwest leads $2 billion primary session, new TXU bonds jump; funds gain $288 million
|
1/4/2010 | HY | Market Commentary: Icahn mega-deal hits the road, Brocade slates; ResCap up; funds add $347 million to end '09
|
12/23/2009 | DD | Market Commentary: Nortel improves on sale plans; Hawker higher on upgrade; ILFC better, American General worse
|
12/23/2009 | HY | Market Commentary: Nortel jumps on tax settlement, asset sale; Ford firm on Volvo news; funds add $388 million
|
12/22/2009 | HY | Market Commentary: GM gains more, Ford Credit backtracks; trading in new, old Clear Channel drops; primary on hold
|
12/21/2009 | HY | Market Commentary: New Clear Channel bonds up as old ease; CIT, AIG active; primary stilled as Formation delayed
|
12/17/2009 | HY | Market Commentary: GXS, two more price; hugely upsized Clear Channel to come; Rite Aid up; funds add $415 million
|
12/17/2009 | HY | Market Commentary: GXS, two more price; hugely upsized Clear Channel to come; Rite Aid up; funds add $415 million
|
12/16/2009 | DD | Market Commentary: Hawker recoups losses; YRC debt unchanged on deadline extension; Clear Channel remains active
|
12/16/2009 | DDHY | New Issue: CIT gives details on $23.19 billion of new notes issued in plan of reorganization
|
12/16/2009 | HY | Market Commentary: McJunkin, Novasep, Aquilex, Edgen Murray price deals; TriMas on tap; Hawker Beechcraft rebounds
|
12/15/2009 | HY | Market Commentary: Windstream prices upsized quickie; McJunkin, others ahead; existing Clear Channels up again
|
12/14/2009 | HY | Market Commentary: Expro, Viskase price, more on tap; Clear Channel bonds rise ahead of deal; XTO boosts energy
|
12/11/2009 | DD | Market Commentary: Clear Channel gains on bond issue plans; Smurfit bonds rally; Trump shakes off Icahn-Beal news
|
12/11/2009 | HY | Market Commentary: Georgia Gulf, Goodman, DuPont Fabros deals price; Clear Channel offering, current bonds rise
|
12/10/2009 | HY | Market Commentary: Bumble Bee, upsized American Axle, Wind deals price, new debt trades up; funds gain $324 million
|
12/10/2009 | DD | Market Commentary: CIT Group's new issue dominates; American Axle's old debt steady; Aventine paper loses steam
|
12/10/2009 | DDSS | CIT Group emerges from bankruptcy and shares start trading on NYSE
|
12/8/2009 | DD | Market Commentary: CIT up, plan confirmed; Aventine 'huge mover'; Sprint steady; McClatchy firm on positive buzz
|
12/8/2009 | DDSS | CIT Group prepares to emerge from bankruptcy following plan approval
|
12/8/2009 | HY | Market Commentary: Invitel prices as calendar continues to fatten; Wind, SandRidge, Pinnacle expected Wednesday
|
12/7/2009 | HY | Market Commentary: JDA, Ford Credit price, new Fords fizzle while JDA sizzles; American Axle, others slate deals
|
12/7/2009 | DD | Market Commentary: American Axle debt heads higher; Clear Channel talks new issue, bonds gain; broad market firms
|
12/4/2009 | DD | Market Commentary: Sprint steady on iPCS purchase; General Growth bonds grow; CIT bonds better; Hayes loan closes
|
12/2/2009 | DD | CIT Group pre-packaged plan accepted by most voting creditors
|
11/25/2009 | HY | Market Commentary: Primary surge subsides in pre-holiday calm; AMD holds gains; Clear Channel up on deal rumor
|
11/24/2009 | HY | Market Commentary: Clearwire prices upsized add-on, CEDC, San Pasquale price also; Catalyst climbs on exchange
|
11/23/2009 | DD | CIT Group's $500 million DIP financing approved by bankruptcy court
|
11/23/2009 | DD | Market Commentary: LyondellBasell jumps on reliance bid; Clear Channel bonds improve; CIT notes steady to softer
|
11/20/2009 | BKCVDDHY | CIT Group credit default swap auction sets final price of 68.125
|
11/20/2009 | DD | Market Commentary: Holiday, new issues drive focus from distressed; CIT loses some gains; Bon-Ton bonds give back
|
11/19/2009 | HY | Market Commentary: JohnsonDiversey, Alliance Healthcare price, market awaits Cloud Peak, Easton-Bell; funds add $360 million
|
11/19/2009 | DD | CIT Group announces creditor support for reorganization plan
|
11/19/2009 | DD | Market Commentary: General Growth trends upward; CIT gets boost from tender results; Bon-Ton improves on numbers
|
11/17/2009 | BKCVDDHY | CIT Group credit default swap settlement auction to be held Friday
|
11/17/2009 | DD | Market Commentary: GM bonds gain ground; ResCap dips, future foggy; CIT unfazed by quarterly loss; Ply Gem steady
|
11/16/2009 | CV | Market Commentary: Kilroy Realty, TRW price deals after the close; CIT, Dollar Financial bid higher; Ford gains
|
11/16/2009 | DD | CIT posts $1.03 billion third-quarter loss from continuing operations
|
11/13/2009 | DDHY | Icahn increases payment to $650 in tender offer for CIT notes
|
11/6/2009 | DD | Market Commentary: General Growth gains on numbers; Clear Channel moves higher; Leap Wireless debt remains active
|
11/6/2009 | HY | Market Commentary: General Maritime, William Hill deals price; Cricket active; Yankee parade quiets market
|
11/4/2009 | HY | Market Commentary: Virgin Media, Norwegian Cruise Lines price deals; Triumph, Landry's Restaurants slate offerings
|
11/3/2009 | HY | Market Commentary: Cott, Netflix, Colt price deals, Netflix jumps in trading; Belo slates offering; Navistar eases
|
11/3/2009 | BKCVDDHY | CIT auction terms to be set by ISDA after bankruptcy filing on Sunday
|
11/3/2009 | DD | CIT plan confirmation hearing Dec. 8; interim DIP financing approved
|
11/3/2009 | DD | Market Commentary: CIT holding on; MGM mixed ahead of earnings; Nortel notes unchanged; Royal steady post-numbers
|
11/2/2009 | BKCVDDHY | S&P lowers CIT
|
11/2/2009 | HY | Market Commentary: RSC prices, market awaits Colt, Cott, Netflix; Virgin slates; CIT up on filing, Ford post-numbers
|
11/2/2009 | BKCVDDHY | Fitch drops CIT
|
11/2/2009 | IG | Market Commentary: Primary quiet ahead of Fed meeting; secondary stalls; markets unscathed by CIT bankruptcy
|
11/2/2009 | BKCVDDHY | DBRS drops CIT
|
11/2/2009 | BKCVDDHYSS | CIT Group files bankruptcy with 'overwhelming' creditor support
|
11/2/2009 | CV | Market Commentary: YRC jumps on exchange; Vornado up on tender; Human Genome surges on lupus drug; Ford to price
|
11/2/2009 | DD | Market Commentary: CIT Group files Chapter 11, bonds active and better; YRC Worldwide notes jump on exchange news
|
10/30/2009 | BKDDHY | CIT Group gains Icahn's support for restructuring, gets $1 billion line of credit
|
10/30/2009 | DD | Market Commentary: CIT Canada gains as expiry nears; AmAxle sees profit, bond unfazed; Blockbuster under pressure
|
10/30/2009 | HY | Market Commentary: Upsized Cequel deal prices, Viasystems coming; new deals hold own; secondary mostly softer
|
10/29/2009 | DDHY | Icahn tender offer for CIT notes open to holders 'large and small'
|
10/29/2009 | HY | Market Commentary: Reynolds leads $2 billion-plus pricing binge, new bonds move up; Cott deal on road; funds gain $207 million
|
10/29/2009 | DD | Market Commentary: Rite Aid, Michael's hold own; Chemtura steady post-numbers; CIT investors await tender results
|
10/28/2009 | DD | CIT reveals accelerated plan for appointing directors in potential prepackaged reorganization plan
|
10/28/2009 | DD | Market Commentary: Visteon stays active, unmoved post-earnings; Nortel notes lose ground; CIT Group action thins
|
10/28/2009 | HY | Market Commentary: Restructured Berry Plastics deal prices, Netflix slates, Viasystems expected; secondary sinks
|
10/28/2009 | SS | Market Commentary: Attention grows as Cadbury bid deadline nears; iPCS deal gains favor; CIT not out of woods yet
|
10/28/2009 | BKDD | CIT Group gets new $4.5 billion senior secured credit facility
|
10/27/2009 | DD | Market Commentary: CIT-Icahn battle rages on, some notes take a hit; Bon-Ton Stores improves on guidance revision
|
10/27/2009 | DDHY | Icahn offers to buy CIT notes from holders who vote against plan
|
10/27/2009 | HY | Market Commentary: Universal, Freedom Group price; Colt, Berry Plastics slate deals; CIT gyrates on Icahn move
|
10/26/2009 | DDHY | CIT Group amends exchange offers, extends deadline of some to Nov. 5
|
10/26/2009 | HY | Market Commentary: Associated, Potlatch, Norwegian slate deals, Universal seen Tuesday; new Navistar again busy
|
10/26/2009 | BKDD | CIT Group tries to reinstate $1.3 billion terminated conduit facility
|
10/26/2009 | DD | CIT Group director Susan Lyne resigns, citing increased time demands
|
10/26/2009 | DD | Market Commentary: CIT amends tender offer again; Capmark all over the place; FairPoint stronger despite filing
|
10/23/2009 | DD | Market Commentary: CIT bonds end softer; Freescale numbers help lift debt; Hawker Beechcraft notes get some air
|
10/23/2009 | HY | Market Commentary: Primary pauses but for Campofrio pricing; new Navistars trade actively; NXP up on debt cut
|
10/23/2009 | BKCVDDHY | CIT Group bondholders urged by Icahn to reject recapitalization plan
|
10/23/2009 | BKCVDDHY | CIT seeks support for restructuring plan, warns of costs of failure
|
10/23/2009 | BKDDHY | CIT Group asks bondholders for $4.5 billion expansion term loan
|
10/22/2009 | HY | Market Commentary: Navistar, Navios, Murray deals price, new bonds firm; Universal Orlando pushed up; funds gain $329 million
|
10/21/2009 | DD | Market Commentary: CIT follows market trend, ends sideways; Michael's shrugs off loan extension; Rite Aid loan up
|
10/20/2009 | DD | Market Commentary: Energy Future gains on exchange offer extension; Spansion ends higher; MGM unchanged to better
|
10/20/2009 | HY | Market Commentary: Upsized MDC, Headwaters price, Crown Castle too; Universal, Navistar slate deals; Freescale up
|
10/19/2009 | BKCVDDHY | Icahn rails against CIT reorganization plan, offers $6 billion loan
|
10/19/2009 | DD | Market Commentary: CIT amends plan, bonds gain strength; Rite Aid issue brings mixed results; Sprint ends higher
|
10/19/2009 | HY | Market Commentary: Rite Aid, Terra, ViaSat price deals, new bonds firmer; CIT up after Icahn news; Tronox down
|
10/19/2009 | HY | Market Commentary: Rite Aid, Terra, ViaSat price deals, new bonds firmer; CIT up after Icahn news; Tronox down
|
10/19/2009 | BKCVDDHY | CIT Group amends restructuring plan following talks with bondholders
|
10/16/2009 | DD | Market Commentary: Tronox notes' gains halted; Smurfit-Stone paper still heading higher; broad market mixed
|
10/15/2009 | DD | Market Commentary: CIT notes unchanged; MGM bonds hold their ground; McClatchy loan stronger; broad market mixed
|
10/15/2009 | HY | Market Commentary: Calpine, Sinclair, Drummond deals price, Reynolds slates; Tronox remains busy; funds gain $237 million
|
10/14/2009 | HY | Market Commentary: Intelsat sells notes, Mohegan slates deal; market awaits Sinclair; Tronox up more, CIT rebounds
|
10/14/2009 | DD | Market Commentary: Tousa notes rally on fraudulent transfer ruling; Tronox, Smurfit-Stone climb; CIT bonds firm
|
10/13/2009 | DD | CIT chief executive Jeffrey Peek to resign at year-end
|
10/13/2009 | DD | Market Commentary: CIT Group steady on CEO exit; YRC notes improve after amendment; Claire's bonds strengthen
|
10/13/2009 | HY | Market Commentary: Alon prices, Calpine, Sinclair, others slate; new NOVA, Solutia up, also Tronox; CIT slides
|
10/13/2009 | SS | Market Commentary: Analyst says Starent may attract rival bids; CIT fears grow; Chaparral Energy to go public
|
10/9/2009 | DD | Market Commentary: TXU paper slips as group opposes debt swap; Lear up on better exit terms; broad market mixed
|
10/9/2009 | HY | Market Commentary: NOVA, Wynn and Solutia deals price, Solutia trades up; Tronox adds to gains as holiday looms
|
10/8/2009 | HY | Market Commentary: Hercules finds strong demand, new GEO bonds firm smartly; Tronox jumps; funds add $484 million
|
10/7/2009 | DD | Market Commentary: Nortel firms on Ciena asset sale; GM softens as exec readies to leave; CIT under pressure
|
10/7/2009 | HY | Market Commentary: GEO Group, MTR price deals; talk heard on Solutia, Hercules offerings; CIT slide continues
|
10/6/2009 | HY | Market Commentary: Upsized Comstock Resources prices; new Hovnanian easier; CIT remains active; Blockbuster adds
|
10/6/2009 | DD | Market Commentary: Spansion gains ground; Blockbuster bonds firm; Nortel notes end sideways; broad market better
|
10/5/2009 | DD | Market Commentary: CIT remains the focus, bonds softer; TXU debt exchange spurs gyrations; Nortel notes unchanged
|
10/5/2009 | HY | Market Commentary: Hovnanian sells secured notes, NOVA, Hercules, Solutia, others slate deals; CIT, TXU active
|
10/2/2009 | HY | Market Commentary: CIT announces plan to cut debt, bankruptcy still possible; Morris notes gain momentum
|
10/2/2009 | SS | Market Commentary: CIT still at high risk, analyst says; Perot held firm in Dell deal; Radvision worries go on
|
10/2/2009 | BKCVDDHY | CIT Group launches exchange offers, pre-packaged plan solicitation
|
10/2/2009 | BKCVDDHY | DBRS cuts CIT debt to C
|
10/2/2009 | DD | Market Commentary: CIT offers plan to cut debt; Spansion aided by reorganization news; Lyondell Chemical dips
|
10/1/2009 | DD | Market Commentary: CIT unchanged to lower; Ford, GM softer on sales; Six Flags bucks the trend; FairPoint weaker
|
10/1/2009 | HY | Market Commentary: Junk pressured by stocks; Tops prices; CIT level to down; Ford, GM off on sales; funds add $22.6 million
|
10/1/2009 | BKCVDDHY | CIT plans out-of-court restructuring, but bankruptcy still possible
|
9/30/2009 | SS | Market Commentary: Kraft likely to keep mum until deadline; CIT shares sink; Analyst: MSC bids nearing ceiling
|
9/30/2009 | CV | Market Commentary: Convertibles steady at quarter-end; CIT, D.R. Horton lower; Saks, Six Flags up: UAL on tap
|
9/30/2009 | DD | Market Commentary: CIT lower on bankruptcy buzz; Smurfit Stone paper trades actively, better; broad market mixed
|
9/30/2009 | HY | Market Commentary: Cincinnati Bell, TransDigm, CEVA price; Alon, Venoco hit the road; CIT down on bankruptcy buzz
|
9/29/2009 | DD | Market Commentary: CIT bonds gain on merger buzz; Realogy mixed following rating action; Smurfit Stone notes pop
|
9/29/2009 | SS | Market Commentary: CIT gets low odds; more deals likely after Xerox; Time Warner predicted to keep print segment
|
9/28/2009 | HY | Market Commentary: Weyerhaeuser sells split-rated deal; Realogy shrugs off new loan; FairPoint dips on debt talks
|
9/28/2009 | DD | Market Commentary: Realogy little fazed by new loan; FairPoint dips on restructuring buzz; Hawker notes unchanged
|
9/25/2009 | DD | Market Commentary: Financials lead with Sallie Mae firm, Aiful trading wide; Realogy slips as swap plans unravel
|
9/22/2009 | DD | Market Commentary: Harrah's bonds improve, loans weaken; Sprint holds steady; Nortel gets boost; financials firm
|
9/22/2009 | HY | Market Commentary: New bonds help tone; Sprint holds; Harrah's heads higher; QVC doubles deal to $1 billion
|
9/21/2009 | DD | Market Commentary: Blockbuster, MGM paper soften; Nortek notes hold their ground; financials finish mostly better
|
9/18/2009 | DD | Market Commentary: Visteon bond quoted wide; Pilgrim's Pride steady as company files plan; MGM flat to down a tad
|
9/18/2009 | HY | Market Commentary: FelCor, Dole, Continental price, FelCor, Continental quoted up; secondary dull as volume drops
|
9/18/2009 | SS | Market Commentary: AerCap bid likely to pass reviews; Live Nation awaits antitrust OKs; Blockbuster concerns ease
|
9/4/2009 | DD | Market Commentary: Capmark Financial debt holding ground; Nortek notes moves up; Blockbuster bonds ratchet higher
|
9/1/2009 | DDHY | CIT Group defers Sept. 15 interest on 6.1% junior subordinated notes
|
9/1/2009 | DD | Market Commentary: CIT bonds little fazed by deferred coupon; AIG takes a hit; Ford sales result in mixed debt
|
8/28/2009 | HY | Market Commentary: AIG, Michaels, Kodak continue climbing; refiners, metals better; nothing seen in new issues
|
8/25/2009 | DD | Market Commentary: Michaels Stores return to profit helps bonds, but loans weaker; Sallie Mae uncertainty looms
|
8/25/2009 | HY | Market Commentary: Michaels up on numbers, CIT active as broad market quiet; Warner Chilcott details bond plans
|
8/21/2009 | DD | Market Commentary: Sinclair dodges bankruptcy bullet with debt pact; AIG rides momentum up; TXU unit loan better
|
8/20/2009 | HY | Market Commentary: Bon-Ton bounces on better EBITDA, outlook; AIG up on CEO pledge; funds lose $90 million, end seven-week run
|
8/20/2009 | DD | Market Commentary: Bon-Ton bonds up on improved results; Reader's Digest gets lender OK on restructuring plan
|
8/19/2009 | HY | Market Commentary: CIT Canada, American Axle calm down after Tuesday jump; Smithfield suffers; new deals nowhere
|
8/18/2009 | DD | Market Commentary: American Axle gains on GM news; CIT Canada bonds improve; Reader's loan reacts to bankruptcy
|
8/18/2009 | HY | Market Commentary: CIT Canada is busiest junk name; American Axle jumps on GM aid; split-rated Watson only deal
|
8/18/2009 | SS | Market Commentary: Reviews may delay Sun buy; Goldman likely to thin deal backlog; CIT bankruptcy fears persist
|
8/17/2009 | BKCVDDHY | Fitch lowers CIT
|
8/17/2009 | BKDDHY | CIT to develop out-of-court restructuring plan, including debt-for-equity swap, maturity extensions
|
8/17/2009 | DD | Market Commentary: Reader's Digest plans to file bankruptcy, debt mixed; CIT completes tender, bonds unfazed
|
8/17/2009 | DDHY | CIT Group holders tender 59.81% of $1 billion floating-rate notes
|
8/17/2009 | HY | Market Commentary: Dole deal drops out; new Olin bonds active in otherwise quiet session; secondary in retreat
|
8/17/2009 | BKCVDDHY | S&P drops CIT notes
|
8/14/2009 | HY | Market Commentary: Olin prices 10-years to cap busy week, Dole slates deal; PlyGem jumps on favorable quarter
|
8/13/2009 | DD | Market Commentary: CIT lower on Fed news; Blockbuster bonds better; Yankee Candle sinks; Ford bank debt dips
|
8/13/2009 | DDSS | CIT Group enters into agreement with Fed, adopts plan to protect NOLs
|
8/13/2009 | HY | Market Commentary: Sirius, Graphic Packaging, NII price deals, DISH terms emerge; funds gain $713 million, seventh inflow
|
8/7/2009 | HY | Market Commentary: Smithfield, Reliance Intermediate sell add-ons, Penn National, NII slate deals; secondary firm
|
8/7/2009 | BK | CIT gets final $1 billion under facility received from bondholders
|
8/7/2009 | DD | Market Commentary: AIG bonds active, better post-numbers; Nuveen notes slip; CIT barely a blip; Ford boosted
|
8/7/2009 | DDHY | CIT Group satisfies minimum tender condition in offer for floaters
|
8/6/2009 | HY | Market Commentary: Affinia, Global Aviation deals price, Affinia trades up, other newbies also firm; funds see $689 million inflow
|
8/5/2009 | HY | Market Commentary: Upsized Iron Mountain deal prices, also Novelis, Inverness; earnings lift names in trading
|
8/4/2009 | DD | Market Commentary: Eastman Kodak notes active, unchanged; CIT Group notes still strong; broad market remains firm
|
8/3/2009 | DD | Market Commentary: CIT amends tender, helps floaters; Ford sales improve, debt gets boost; MGM loan heads higher
|
8/3/2009 | DDHY | CIT increases payment in tender offer for floaters, lowers threshold
|
8/3/2009 | HY | Market Commentary: CIT soars on revised tender; Ford firmer as sales jumped in July; three secured deals slate
|
7/31/2009 | HY | Market Commentary: Duane Reade, Jabil deals price, jump in secondary; new Ford Credit bonds busy, little changed
|
7/30/2009 | HY | Market Commentary: Ford Credit mega-deal leads primary, USG, A&P also price; junk jumps overall; funds gain $613 million on week
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7/29/2009 | DD | Market Commentary: Station Casinos enters bankruptcy; Sprint posts lower results, bonds improve; Spansion better
|
7/29/2009 | HY | Market Commentary: Upsized HCA deal prices; Duane Reade downsizes, revamps deal; new Arch Coal issue red hot
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7/28/2009 | DD | Market Commentary: CIT concerns remain; Rite Aid paper active, better; Sprint Nextel notes unfazed by Virgin buy
|
7/28/2009 | HY | Market Commentary: Upsized Peninsula Gaming, Arch deals price, USG slates; buyers buoy secondary; CIT busier
|
7/27/2009 | HY | Market Commentary: Pinnacle prices upsized deal, Arch slates offering; Nortel up on auction, CIT activity fades
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7/27/2009 | BK | Market Commentary: LCDX trades higher as players cover junk index shorts; Select Medical seeks extension
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7/24/2009 | DD | Market Commentary: CIT heads for higher ground; Freescale trades actively on numbers; Seitel shakes off downgrade
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7/24/2009 | HY | Market Commentary: Sappi, MTR deals price; CIT gyrates again after change to tender; NXP up solidly on results
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7/24/2009 | HY | CIT amends tender offer for floaters, upping early delivery payment
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7/23/2009 | HY | Market Commentary: Surprise KB Home deal leads busy primary session; CIT drops below tender price; funds gain $722 million
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7/23/2009 | BK | Market Commentary: Ford loans gain 2 points on results; LCDX up 1 point-plus; loan funds see $79 million inflows
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7/23/2009 | DD | Market Commentary: Ford Motor posts gain, bonds improve; CIT Group debt stays active, weaker; broad market firms
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7/22/2009 | CVHY | Fitch to downgrade CIT
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7/22/2009 | DD | Market Commentary: CIT Group fate remains in question; Rite Aid, Neiman notes trade better; Spansion bonds spike
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7/22/2009 | HY | Market Commentary: Prospect Medical prices, Basic Energy rejigs, Greif slates; CIT mostly lower, again active
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7/22/2009 | BK | Market Commentary: Ntelos sets price talk; Nuveen trades strongly in secondary; LCDX finishes up; CIT loan gains
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7/21/2009 | BK | Market Commentary: Nuveen loan breaks, trades higher; HCA term loans active; CIT up; LCDX posts 1/2 point gain
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7/21/2009 | CV | Market Commentary: New Intel flattish in gray; existing Intel contracts; AMD gains ahead of earnings; CIT mixed
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7/21/2009 | DD | Market Commentary: CIT Group paper gyrates as bankruptcy fears persist; Harrah's, Wynn notes firm; NRG bonds dip
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7/21/2009 | HY | Market Commentary: CIT gyrates on new bankruptcy warning, Wynn up on IPO news; SBA upsizes, CapitalSource prices
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7/21/2009 | SS | Market Commentary: NRG still up for deal; Alpha forecast to close coal buy; CIT unable to rule out bankruptcy
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7/21/2009 | BK | CIT Group details $3 billion credit facility received from bondholders
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7/20/2009 | CV | Market Commentary: Human Genome surges on lupus trial; Lincare trades before earnings; CIT busy; Intel to price
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7/20/2009 | DD | Market Commentary: CIT Group bonds, loan bounce on bondholder bailout buzz; Sinclair stronger, but on no news
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7/20/2009 | HY | Market Commentary: CIT soars as bondholders ride to the rescue; SBA, Sappi slate deals; Prospect Medical sets talk
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7/20/2009 | IG | Market Commentary: Citi, TJX, Wal-Mart, Bemis, Plains sell bonds; spreads improved in trading, new Citi gains
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7/20/2009 | BKDDHY | CIT obtains $3 billion credit facility from bondholders, tenders for floaters, to work on recapitalization
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7/17/2009 | DD | Market Commentary: CIT troubles mount but its bonds rally; retailers shrug off CIT woes, with some trading higher
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7/17/2009 | HY | Market Commentary: CIT volatility continues amid funding talks; new Virgin Media bonds firm up
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7/17/2009 | IG | Market Commentary: Citi, B of A results lift financials, EM names plan deals; primary to pick up after earnings
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7/17/2009 | BK | S&P downgrades BRSP loan
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7/17/2009 | SS | Market Commentary: China extends review of Pfizer deal; British life insurer in combo talks; CIT shares soar
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7/17/2009 | BK | Market Commentary: CIT revolver due 2010 trades sharply higher; Ford loan up ahead of earnings; LCDX 12 eases
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7/17/2009 | CV | Market Commentary: LifePoint advances; tech names, AMD, Micron strong on Intel earnings; CIT converts diverge
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7/16/2009 | HY | Market Commentary: CIT slides badly after bailout talks terminated; Virgin Media, ISS price deals; funds gain $98 million
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7/16/2009 | CVDDHY | Moody's cuts CIT to Ca
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7/16/2009 | HY | Market Commentary: CIT slides badly after bailout talks terminated; Virgin Media, ISS price deals; funds gain $98 million
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7/16/2009 | CVDDHY | Fitch cuts CIT to C
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7/16/2009 | BK | Moody's reviews BRSP
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7/16/2009 | IG | Market Commentary: RasGas sells three tranches, Treasury fluctuations slow primary; Rowan adds, financials gain
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7/16/2009 | CVHY | DBRS downgrades CIT
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7/16/2009 | BKCVDDHY | CIT pursuing financing alternatives, in talks with potential lenders
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7/16/2009 | DD | DBRS lowers CIT
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7/16/2009 | CV | Market Commentary: CIT preferred gets crushed, mandatory steady; Janus jumps on debut; Human Genome mostly quiet
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7/16/2009 | DD | Market Commentary: CIT paper dominates trading, takes dive as bailout talks unravel; Spansion catches better bids
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7/16/2009 | CVDDHY | S&P downgrades CIT
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7/15/2009 | SS | Market Commentary: Analyst: CIT shows takeover potential; Exelon gives ultimatum; regulatory OKs hang over Sun
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7/15/2009 | CV | Market Commentary: CIT up for second session; Janus tightens terms amid takeover rumor, demand; Merix jumps
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7/15/2009 | CVDD | CIT 8.75% convertible preferreds would see favorable recovery in potential exchange, BofA says
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7/15/2009 | DD | Market Commentary: CIT regains ground, news pending; Neiman notes better, company chooses to PIK; Ford bonds firm
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7/15/2009 | HY | Market Commentary: CIT gyrates before talks fail; Gannett up on earnings, Rite Aid gains; Freedom Group prices
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7/14/2009 | HY | Market Commentary: Another busy day for CIT; Sinclair eases on bankruptcy warning; Freedom Group talk emerges
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7/14/2009 | IG | Market Commentary: CareFusion sells $1.4 billion, USAA offers bonds, tightens; Goldman results boost market
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7/14/2009 | BK | Market Commentary: LCDX trades up; procedural delays slow trading of CIT loan; Venetian Macao starts amendment
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7/14/2009 | CV | Market Commentary: Convertibles strong: Kodak up; Amylin gains dollar neutral; miners active; Janus to price
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7/14/2009 | CVHY | DBRS lowers CIT
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7/14/2009 | DD | Market Commentary: CIT Group's debt attempts to rally; retailers unfazed by June sales data; broad market mixed
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7/13/2009 | SS | Market Commentary: Analysts say CIT Group needs relief but has time; Children's Place proxy fight heats up
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7/13/2009 | CVDDHY | S&P lowers CIT
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7/13/2009 | CVDDHY | Moody's drops CIT
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7/13/2009 | DD | Market Commentary: CIT Group paper racks up more losses; Seitel remains under pressure; broad market holds steady
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7/13/2009 | HY | Market Commentary: Yonkers Racing, Atlas Energy price deals; CIT bonds mostly slide in 'avalanche' of trading
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7/13/2009 | IG | Market Commentary: Analyst's reversal on Goldman helps bank names, in quiet market; Meccanica bonds hold gains
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7/13/2009 | CV | Market Commentary: CIT loses more as liquidity worries go on; BofA, other financials improve; Vale, SBA trade
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7/10/2009 | DD | Market Commentary: CIT mostly lower in busy trading as worries grow; GM little moved on exit; Seitel down again
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7/10/2009 | HY | Market Commentary: Regal reigns in secondary, other expected deals unseen; CIT active again; Seitel slides more
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7/10/2009 | HY | Market Commentary: Regal reigns in secondary, other expected deals unseen; CIT active again; Seitel slides more
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7/9/2009 | DD | Market Commentary: CIT worries abound, bonds get hit; Neiman notes lower on June sales; Seitel continues to quake
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7/9/2009 | HY | Market Commentary: Regal Cinemas prices upsized deal, Duane Reade slates; CIT 'dominates' trading; funds gain $329 million
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7/8/2009 | CVHY | Fitch downgrades CIT
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7/8/2009 | DD | Market Commentary: CIT better despite downgrade; Las Vegas Sands up on chairman comments; Dynegy dips on NRG news
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7/8/2009 | HY | Market Commentary: NRG off on takeover rejection, CIT lower; Vought up again; Freedom, Prospect slate deals
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6/23/2009 | DD | Market Commentary: Ply Gem bonds move around; CIT Group seen lower; Capmark busy; Cumulus term loan firmer again
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6/22/2009 | DD | Market Commentary: Quiet market range-bound with easier bias; Freescale fumbles; auto parts skidding, Ford slips
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6/15/2009 | HY | Market Commentary: Upsized CB Ellis deal prices; Cinemark, Limited Brands slate, Brands' existing notes mixed
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6/12/2009 | CVHYIG | S&P cuts CIT to junk
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6/12/2009 | DD | Market Commentary: Claire's Stores' debt turns positive on narrowed loss; GM bonds end higher after CDS auction
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6/9/2009 | CV | Market Commentary: Equinix adds on debut; Callaway gets par bid in gray, CMS quiet; financials extend gains
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5/27/2009 | HY | Market Commentary: American Tower, Harrah's, AMC price, deal lifts existing Harrah's; Verso, Virgin, Terex slate
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5/22/2009 | DD | Market Commentary: ResCap, GMAC notes firm on investment news; GM debt drives higher; Bon-Ton bonds holding steady
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5/22/2009 | HY | Market Commentary: GMAC gains, ResCap rolls on bailout bucks; primary placid after torrid week, lull in trading
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5/13/2009 | CV | Market Commentary: Great Plains debuts higher; Wyndham up in gray; Citi eases, but Fifth Third, Webster see gains
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5/6/2009 | DD | Market Commentary: AIG, GM debt gyrates pre-earnings; ResCap notes gain, GMAC ends mixed; broad market remains strong
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5/1/2009 | DD | Market Commentary: CIT, MGM earn top trading spots; GMAC paper continues to rise; TXU notes power up on earnings
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4/30/2009 | HY | Market Commentary: Supervalu, Starwood, Ingles, Ryland price deals; GMAC jumps, junk mostly up; funds gain $435 million
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4/29/2009 | DD | Market Commentary: Hertz notes improve despite weak numbers; GM structure mixed; MGM Mirage bonds moving higher
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4/29/2009 | HY | Market Commentary: Market 'strong like a bull'; Hertz up despite weak numbers; MGM higher; waiting on new deals
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4/28/2009 | DD | Market Commentary: CIT Group paper dips; Harrah's debt structure gains post-numbers; GM loan higher, bonds softer
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4/28/2009 | HY | Market Commentary: Ingles to bring deal; new Jarden issue treads water; Ford rises again, but GM falls by wayside
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4/24/2009 | HY | Market Commentary: Nielsen deal finally prices; new Lennar, Encore bonds firm; Ford jumps despite sizable loss
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4/24/2009 | CVHYIG | Moody's cuts CIT to junk
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4/24/2009 | CVHYIG | Fitch cuts CIT to junk
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4/24/2009 | CVIG | DBRS downgrades CIT
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4/24/2009 | CVIG | S&P lowers CIT
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3/24/2009 | IG | Market Commentary: Bacardi, Verizon, Staples sells bonds as tone remains up; Time Warner Cable, Con Ed, Illinois Tool firm
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3/24/2009 | CVIG | S&P cuts CIT
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2/24/2009 | CV | Market Commentary: Convertibles activity improves: financials gain, but AIG weak; JA Solar adds; Mylan stronger
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1/23/2009 | CVIG | Fitch downgrades CIT
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1/22/2009 | CVIG | Moody's lowers CIT
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1/2/2009 | CV | Market Commentary: Financials dominate thinly-traded convert session: CIT, BofA, Wachovia add; NatCity, Merrill firmer
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12/31/2008 | IG | Outlook 2009: New year brings hope investment-grade secondary will revert to traditional levels
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12/31/2008 | SP | New Issue: Lehman sells $1.07 million 20% reverse exchangeables linked to CIT
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12/31/2008 | SP | Lehman to issue 17.25% reverse exchangeables linked to CIT
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12/24/2008 | IG | CIT announces wrap of exchange offers, generating $1.15 billion in regulatory capital
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12/23/2008 | IG | CIT further extends exchange offers for notes, gets initial OK to participate in TARP
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12/23/2008 | CV | Market Commentary: ProLogis gains on asset sale; CIT rises on TARP nod; Ford, GM slip outright, steady hedged on rating cuts
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12/23/2008 | CV | CIT issues 14 million shares in exchange for 19.6 million equity units
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12/23/2008 | IG | Market Commentary: FPL Group Capital releases reopening terms, primary deserted prior to holiday; spreads mostly steady
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12/22/2008 | CVIG | S&P lowers CIT Group
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12/22/2008 | IG | CIT extends offers to exchange up to $1.7 billion of notes for cash, new 12% notes
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12/17/2008 | IG | CIT announces end of withdrawal period for exchange offers
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12/16/2008 | CV | CIT to retire $477.6 million equity units in exchange offer
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12/16/2008 | IG | CIT holders tender $2.37 billion notes in exchange offer for 12% notes; deadline extended
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12/2/2008 | IG | CIT lifts exchange offer for 12% notes to $1.7 billion amid brisk demand
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11/17/2008 | CVIG | Fitch maintains CIT
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11/17/2008 | IG | CIT begins exchange offers for 11 series of notes
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11/17/2008 | CV | CIT begins exchange offer for equity units
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11/13/2008 | SS | Market Commentary: CIT Group calls for TARP; N.C. treasurer Moore lashes Wells Fargo; Citigroup in deal rumors
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10/29/2008 | SS | Market Commentary: GMAC, CIT look for TARP funds; Hexion sues banks; Adrenalina ups offer; Northwest, Delta deal OK'd
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10/27/2008 | DD | Market Commentary: Pilgrim's Pride turns flat; Hovnanian drops on offer news; GM structure mixed; Nortel bonds weaker
|
10/22/2008 | IG | Market Commentary: Primary quiet on economic fears; PepsiCo notes focus of secondary, seen heavily traded, tightening
|
10/21/2008 | SS | Market Commentary: Adrenalina burned by PacSun; Kerkorian sells Ford holdings; banks ready to deal
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10/16/2008 | CVIG | Moody's reviews CIT
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10/16/2008 | IG | Market Commentary: Occidental Petroleum, Diageo, PG&E issue, pricing shifts toward coupons
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10/10/2008 | IG | Market Commentary: Week of woes sees $5.65 billion of new deals, ends on uncertain note; CIT widens, Wachovia tightens
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10/2/2008 | CV | Market Commentary: CIT, Countrywide convertibles edge downward; CapitalSource drops harder, but National City gains
|
9/18/2008 | CV | Market Commentary: Convertibles remain volatile; Wachovia attracts possible buyers; EMC, Qwest Communications decline
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8/13/2008 | CVIG | Moody's confirms CIT
|
7/17/2008 | IG | CIT Group looking to further bolster liquidity before returning to unsecured debt markets
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7/3/2008 | IG | Market Commentary: Market tone seen positive heading into holiday; moderate week of industrial, energy issuers expected
|
7/2/2008 | IG | Market Commentary: Toyota Motor Credit issues, adds on; market virtually shuts down ahead of holiday
|
7/1/2008 | HY | Market Commentary: Ford falls, GM mixed as sales slide; new Rite Aid bonds hold; Countrywide climbs as sale wraps
|
7/1/2008 | IG | Market Commentary: Toyota prices floaters; mixed headlines have little impact; CIT better on home lending unit sale
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7/1/2008 | CV | Market Commentary: Ford, GM end mixed after wild ride; CIT higher on asset sales; Pier 1 under pressure; Smithfield to price
|
7/1/2008 | CVIG | S&P affirms CIT
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6/25/2008 | IG | Market Commentary: GS Caltex prices; Zions Bancorp, ANZ plan upcoming issues
|
6/9/2008 | DD | Market Commentary: R.H. Donnelley quiet, Idearc better; Charter slips on profit taking; CIT boosted by new credit line
|
6/9/2008 | HY | Market Commentary: CIT bonds boosted by new credit line; R.H. Donnelley quiet, Idearc gaining ground; Charter slips
|
6/9/2008 | CV | Market Commentary: Lehman trades mixed; CIT edges higher; Amylin quiet despite Byetta concerns, Bristow deal seen cheap
|
6/9/2008 | CVIG | S&P: CIT unaffected
|
5/30/2008 | CVIG | Moody's downgrades CIT
|
5/30/2008 | IG | Market Commentary: National Bank of Greece issues, caps week of $16 billion, record May; supply, issuance dip as yields rise
|
5/29/2008 | SP | New Issue: Lehman prices $0.525 million 27% reverse convertibles linked to CIT Group
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5/8/2008 | CVIG | Fitch downgrades CIT
|
5/2/2008 | CV | Market Commentary: Financials in focus, Lehman, Wachovia up, Countrywide loses; Chesapeake adds; ProLogis quiet on debut
|
5/1/2008 | CV | Market Commentary: Hologic, Symantec, National Retail trade mixed on earnings; CIT gains; ProLogis prices
|
4/25/2008 | CV | CIT greenshoe exercised, lifts 8.75% convertible preferreds to $575 million
|
4/23/2008 | CVIG | S&P rates CIT Group preferreds BBB
|
4/23/2008 | CVIG | Fitch rates CIT preferreds A-
|
4/22/2008 | CV | New Issue: CIT Group prices $500 million of perpetual convertible preferreds to yield 8.75%, up 15%
|
4/22/2008 | CV | Market Commentary: UAL leads airlines lower; JetBlue held firm by put; AirTran deal in rough weather; CIT takes off on debut
|
4/22/2008 | IG | Market Commentary: Merrill Lynch, UBS, Wachovia, Goldman price as financials continue new issue monopoly
|
4/21/2008 | CV | CIT sells $1 billion of convertibles, common stock; sets perpetual convertible preferreds at 8.75%, up 15%
|
4/21/2008 | CV | Market Commentary: National City soars on financing; financials active, mixed as Bank of America reports; CIT raises $1 billion
|
4/2/2008 | SS | Market Commentary: Clear Channel court fight gets heated; ING looking for big buy; banks size up National City
|
3/31/2008 | DD | Market Commentary: Weak earnings hurt Hawaiian Telcom notes, loan; Thornburg slips; Delphi loan begins trading
|
3/28/2008 | SP | New Issue: HSBC prices $0.348 million 30% reverse convertibles linked to CIT Group
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3/24/2008 | DD | Market Commentary: Thornburg up on short squeeze; AbitibiBowater boosted by investment deal; Delphi revises credit facility
|
3/20/2008 | HY | Market Commentary: Thornburg slides on financing skepticism; CIT plunge continues on drawdown; funds shed $141 million
|
3/20/2008 | IG | Market Commentary: Market mops up after heavy day of issues; coming week to see moderate calendar barring bad headlines
|
3/20/2008 | BKSS | CIT to draw on $7.3 billion credit facility
|
3/20/2008 | CVIG | S&P: CIT unaffected
|
3/20/2008 | DD | Market Commentary: Doubts about Thornburg financing; More shorts for AbitibiBowater; Wider 4Q hurts Linens n'Things
|
3/19/2008 | HY | Market Commentary: Thornburg gyrates on deal details; CIT bonds plunge; Abitibi short bonds up, new deal coming next week
|
3/19/2008 | IG | Market Commentary: Weatherford, British Telecom, Kroger, ComEd, MidAmerican among glut of issuers as window opens
|
3/19/2008 | CVIG | Moody's lowers CIT
|
3/19/2008 | CVIG | Fitch puts CIT on watch
|
3/17/2008 | CVIG | S&P cuts CIT
|
3/14/2008 | SP | Market Commentary: Morgan Stanley commodities offering unusual; HSBC's CIT note generous; terms change as markets swing
|
3/10/2008 | SP | New Issue: Lehman sells $568,000 of 36.4% reverse exchangeables linked to CIT
|
3/7/2008 | SP | HSBC to issue 30% reverse convertibles linked to CIT Group
|
3/6/2008 | SS | Market Commentary: Clear Channel up 6.5% on week but a lawsuit looms; 3Com down 5.25% as shareholder vote delayed again
|
2/29/2008 | SP | Lehman to issue 22% reverse exchangeables linked to CIT Group
|
2/28/2008 | SP | New Issue: Lehman sells $2.68 million of 25% reverse exchangeables linked to CIT Group
|
2/25/2008 | SP | New Issue: Natixis sells $1.23 million 26.1% reverse convertibles linked to CIT for Eksportfinans
|
2/11/2008 | SP | Lehman to issue 25% reverse exchangeables linked to CIT Group
|
2/5/2008 | BK | CIT names Koslo managing director and group head of capital markets
|
2/4/2008 | CV | Market Commentary: Washington Mutual leads downward march; Hutchinson up on buyback; Tragedy could hurt Charming Shoppes
|
1/30/2008 | BK | CIT Group launches subordinated debt fund
|
1/30/2008 | SP | New Issue: Lehman prices $367,000 15.3% reverse exchangeables linked to CIT Group
|
1/14/2008 | IG | Moody's affirms CIT, cuts outlook to negative
|
1/8/2008 | SP | New Issue: Lehman sells $317,000 of 17.25% reverse exchangeables linked to CIT
|
1/7/2008 | SP | Lehman to issue 15.3% reverse exchangeables linked to CIT Group
|
12/6/2007 | SP | Lehman to issue 20% reverse exchangeables linked to CIT
|
11/29/2007 | SP | New Issue: JPMorgan prices $680,000 24.6% reverse exchangeables linked to CIT
|
11/27/2007 | IG | New Issue: CIT prices $2 billion 7.625% five-year notes at Treasuries plus 449.2 bps
|
11/27/2007 | IG | Market Commentary: CIT Group, Dominion, Vepco, Anheuser-Busch, Barclays enter market, pay high premiums to do so
|
11/6/2007 | SP | JPMorgan to price 19% reverse exchangeables linked to CIT Group
|
11/5/2007 | SP | New Issue: SG Structured Products sells $2 million 18% Tempo ReConvs linked to CIT Group
|
10/18/2007 | CV | New Issue: CIT prices $600 million 7.75% mandatory convertibles due 2015, up 20.7%
|
10/18/2007 | CV | Market Commentary: CIT active but stays still; Medtronic continues slide; St. Jude down; Nektar tumbles as Pfizer pulls drug
|
10/18/2007 | CVIG | Moody's gives CIT convertibles A2
|
10/17/2007 | IG | Moody's affirms CIT
|
10/17/2007 | IG | Fitch affirms CIT
|
10/17/2007 | CV | CIT prices $600 million mandatory convertibles due 2015 at 7.75%, up 20.07%
|
10/17/2007 | CVIG | S&P affirms CIT, gives convertibles BBB+
|
10/10/2007 | SP | Societe Generale to price 18% Tempo ReConvs linked to CIT
|
10/9/2007 | SP | New Issue: Societe Generale sells $1.5 million 16% ReConvs linked to CIT
|
9/10/2007 | SP | SG Structured Products to price 16% ReConvs linked to CIT
|
8/24/2007 | SP | Market Commentary: Barclays to price FTSE 100-linked notes; Lehman sells $10 million pyramid notes linked to gold, silver
|
8/23/2007 | SP | New Issue: ABN Amro prices $1 million 31% reverse convertibles linked to CIT Group
|
3/29/2007 | BKCDHY | Newly formed Care Investment Trust to fund loans through CDO investments
|
1/20/2006 | CV | CIT Group files debt, stock shelf
|
3/18/2003 | CV | New Issue: Lehman sells $15 million 10% Yeelds linked to CIT
|