7/19/2021 | BKBWHY | L Brands’ Bath & Body Works unit intends to cut leverage to mid-2x
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7/14/2021 | BKHY | S&P puts L Brands on positive watch
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7/1/2021 | HY | Market Commentary: Vivint prices in junkland; Everi outperforms; Victoria’s Secret at a premium; Elastic flat
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6/22/2021 | HY | Market Commentary: Three junk issuers in primary; Callon weakens; L Brands gains; Diamond Sports stressed
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6/21/2021 | BKDDHY | Moody's eyes L Brands for upgrade
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4/12/2021 | BKDDHY | Moody's upgrades L Brands
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3/19/2021 | BKDDHY | S&P upgrades L Brands
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2/4/2021 | HY | Market Commentary: Four issuers price $1.72 billion; Citgo in focus; Turning Point soars; funds add $1.34 billion
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2/1/2021 | BKDDHY | S&P revises L Brands view to positive
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12/22/2020 | HY | Market Commentary: Antero notes in focus after ratings shift; Ferrellgas better as votes solicited
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12/21/2020 | HY | Market Commentary: Occidental notes slip after early tender results; American Airlines lower in travel space
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12/4/2020 | HY | Market Commentary: AMC notes decline amid shift in theater landscape; L Brands eyed after ratings action
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12/3/2020 | BKDDHY | Moody's revises L Brands view to positive
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11/19/2020 | HY | Market Commentary: L Brands notes move up on earnings beat; United Airlines rises despite forecast
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10/15/2020 | HYLM | L Brands gives final results for tender offers, consent solicitation
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9/30/2020 | HYLM | L Brands gives interim results of tender, extends early premium period
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9/22/2020 | HY | Market Commentary: AmWINS adds on; AM General trades above 103; L Brands pares losses; Tenet moves lower
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9/17/2020 | HY | Market Commentary: L Brands notes higher as new issue trades; GTT heads lower after ratings downgrade
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9/17/2020 | HY | Market Commentary: Primary prices more than $3.5 billion; Delta flies high; Energizer flat; L Brands trades up
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9/16/2020 | HYLM | L Brands lifts cap of tender for four series of notes to $1 billion
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9/16/2020 | HY | New Issue: L Brands sells upsized $1 billion 10-year notes at par to yield 6 5/8%
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9/16/2020 | BKDDHY | S&P rates L Brands notes B+
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9/16/2020 | HYLM | L Brands tenders for up to $750 million of four series of notes
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9/16/2020 | HY | L Brands to price $750 million 10-year senior notes on Wednesday; initial talk in 7% area
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9/15/2020 | HY | Market Commentary: L Brands notes in focus amid joint venture news; LSC higher after purchase agreement
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9/2/2020 | BKDDHY | S&P revises L Brands views to stable
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8/20/2020 | HY | Market Commentary: L Brands notes improve following earnings release; Antero declines amid ratings cut
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7/29/2020 | HY | Market Commentary: Denbury Resources notes active as bankruptcy expected; L Brands better in retail space
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6/8/2020 | HY | Market Commentary: SiriusXM, International Came, Griffon price; Realogy, Hillenbrand on deck; Royal Caribbean higher; Univision slips
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6/5/2020 | HY | Market Commentary: NMI prices; PG&E on tap; L Brands above 105 and 107; Royal Caribbean, Univision gain
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6/4/2020 | HY | Market Commentary: Royal Caribbean, L Brands, Univision bring megadeals; WPX flat; Service Properties soars
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6/4/2020 | HY | Market Commentary: L Brands notes eyed as new issue prices; American Airlines gains as demand strengthens
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6/4/2020 | HY | New Issue: L Brands prices $1.25 billion five-year notes in secured and unsecured tranches
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6/4/2020 | BKDDHY | S&P rates L Brands notes BB, B+
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6/4/2020 | BKDDHY | Moody’s assigns L Brands notes Ba2, B2
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6/4/2020 | HY | L Brands driving by with $1.25 billion five-year notes in secured and unsecured tranches
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6/4/2020 | HYLM | L Brands to redeem 2021 notes via new notes due 2025
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5/21/2020 | HY | Market Commentary: Energy gains in distressed debt market; L Brands up on store closures; U.S. Steel drops
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5/7/2020 | BKDDHY | Moody’s downgrades L Brands
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5/5/2020 | HY | Market Commentary: Hertz notes active on forbearance news; L Brands paper drops after asset sale nixed
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5/4/2020 | HY | Market Commentary: Hertz notes eyed amid report adviser hired; L Brands active as sale of unit cancelled
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4/28/2020 | HY | Market Commentary: Hertz notes trader higher despite ratings downgrade; L Brands gains on market optimism
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4/28/2020 | BKHY | Moody's downgrades L Brands
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4/23/2020 | HY | Market Commentary: Chesapeake Energy notes eyed amid stock maneuver; L Brands active in retail space
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4/22/2020 | HY | Market Commentary: L Brands notes decline on asset sale uncertainty; PG&E active as CEO eyes departure
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4/13/2020 | HY | Market Commentary: Chesapeake Energy notes down as reverse stock split planned; L Brands lower with outlook
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4/13/2020 | BKHY | Moody’s changes L Brands’ view to negative
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4/6/2020 | HY | Market Commentary: Occidental rises after new CFO named; PG&E lower in utilities space
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3/27/2020 | BKHY | S&P lowers L Brands
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3/13/2020 | HY | Market Commentary: L Brands bonds sink as ratings downgraded; Uniti notes rebound after earnings report
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3/13/2020 | HY | S&P cuts Auris Luxembourg II
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3/13/2020 | BKHY | Moody's lowers L Brands
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2/20/2020 | HY | Market Commentary: Intelsat notes rise after Q4 earnings report; L Brands eyed amid asset sale, CEO exit
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2/20/2020 | HY | Market Commentary: Zayo, AA price; Advantage Solutions on deck; Freeport-McMoRan lags; MSCI trades up
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2/20/2020 | BKBWHY | L Brands to sell 55% stake in Victoria’s Secret; funds to reduce debt
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2/19/2020 | HY | Market Commentary: Freeport-McMoRan, MSCI, Silgan price; Zayo megadeal on deck; Tallgrass, Forestar active
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2/10/2020 | HY | Market Commentary: Intelsat notes eyed as market weighs FCC deal; L Brands better amid asset sale talk
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2/10/2020 | HY | Market Commentary: United Rentals, Valvoline, Block Communications price; L Brands jumps; Southwestern Energy sinks
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1/30/2020 | HY | Market Commentary: Intelsat sinks on continued revenue concerns; L Brands paper tracks higher in trading
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1/29/2020 | HY | Market Commentary: Dealer Tire, QVC, Allied Universal add-on price; Sprint, PTC on deck; Intelsat crumbles; L Brands gains
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1/29/2020 | HY | Market Commentary: Intelsat notes lower amid revenue worries; L Brands improves on talk of asset sale
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1/21/2020 | HY | Market Commentary: McDermott eyed after bankruptcy filing; L Brands notes lower despite analyst upgrade
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1/9/2020 | HY | Market Commentary: L Brands notes dip on holiday sales weakness; Tenneco better amid activist pressure
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1/3/2020 | HY | Market Commentary: Valaris higher after contract, arbitration news; L Brands loses despite upgrade
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1/2/2020 | HY | Market Commentary: PG&E better as creditors challenge restructure; McDermott active, level on bankruptcy talk
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12/24/2019 | HY | Market Commentary: PG&E notes under pressure as creditor fight continues; L Brands eyed in retail sector
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12/17/2019 | BKHY | Moody’s downgrades L Brands
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11/25/2019 | BKHY | S&P lowers L Brands
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11/21/2019 | HY | Market Commentary: L Brands notes gain after earnings release; WeWork securities lower on layoff news
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10/18/2019 | HY | Market Commentary: L Brands bonds active after analyst comments; Teva Pharmaceutical notes edge higher
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10/9/2019 | HY | Market Commentary: Nexi joins large forward calendar; new notes active; PG&E lower; Aramark, L Brands gain
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8/26/2019 | HY | Market Commentary: Endo, Mallinckrodt notes better on settlement news; DISH rises after analyst upgrade
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8/23/2019 | HY | Market Commentary: Oil names negative; Sinclair, L Brands mixed; $10.4 billion of inflows; indexes better
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8/23/2019 | HY | Market Commentary: L Brands bonds lower after analyst downgrade; Endo paper declines in pharma space
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8/22/2019 | HY | Market Commentary: L Brands bonds active, mixed after earnings report; CBL eyed after delisting notice
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8/21/2019 | HY | Market Commentary: L Brands lower on earnings anticipation; Endo International notes continue to rise
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7/16/2019 | HY | Market Commentary: Frontier under pressure; energy names trade down; retail rebounds
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7/3/2019 | HY | Market Commentary: Ensco Rowan mixed as name change announced; L Brands higher in retail space
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7/2/2019 | HY | Market Commentary: Frontier down as rights plan implemented; Weatherford lower on ratings downgrade
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6/21/2019 | HY | Market Commentary: Frontier mixed as holder urges debt exchange; L Brands mixed in retail space
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6/20/2019 | HY | Market Commentary: L Brands up after tender offer ends; PG&E gains as safety inspection finishes
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6/20/2019 | HYLM | L Brands gets tenders for $944.23 million notes in four series so far
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6/18/2019 | HY | Market Commentary: Windstream higher as Uniti lease in question; PetSmart declines in retail
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6/14/2019 | HY | Market Commentary: PetSmart better on Chewy IPO; Frontier lower amid restructure talk
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6/10/2019 | HY | Market Commentary: Ensco Rowan gains after gaining consents; Hexion drops as debt approved
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6/7/2019 | HY | Market Commentary: Frontier lower on board appointments; Teva mixed as ratings downgraded
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6/6/2019 | HY | Market Commentary: Vistra, Grubhub price; Intelsat adds; Siri up; L Brands flat; funds out $3.22 billion
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6/6/2019 | HY | Market Commentary: Intelsat rises as new issue prices; Mallinckrodt slumps in settlement reaction
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6/5/2019 | HY | Market Commentary: Sirius XM prices, trades up; L Brands at a discount; Mallinckrodt jumps; energy names under pressure
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6/5/2019 | HY | Market Commentary: Mallinckrodt better after settling suit; L Brands down as tender offer starts
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6/5/2019 | HY | New Issue: L Brands prices $500 million 7½% 10-year notes at 98.286 to yield 7¾%
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6/5/2019 | HYLM | L Brands launches tender offers for 2020, 2021, 2022 and 2023 notes
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6/5/2019 | HY | L Brands to price $500 million 10-year notes in Wednesday drive-by; whisper is mid-to-high 7% area
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5/28/2019 | HY | Market Commentary: CNO Financial, GoDaddy on tap; Fiat up on merger; Teva drops post settlement
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5/28/2019 | HY | Market Commentary: Teva lower as company settles suit; Navios mixed amid debt swap
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5/24/2019 | HY | Market Commentary: Exela continues on downward track; Ensco Rowan sees upward push
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5/23/2019 | HY | Market Commentary: Exela pushed into distressed territory; L Brands rises after earnings report
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5/6/2019 | HY | Market Commentary: PetSmart mixed as company preps IPO; DISH higher after posting earnings
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4/24/2019 | HY | Market Commentary: Rite Aid gains amid tightening sector; PG&E rises as bonuses approved
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4/9/2019 | HY | Market Commentary: PetSmart mixed at top of retail space; Alta Mesa gains as financial alternatives sought
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4/9/2019 | BKHY | Moody's lifts L Brands view to stable
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4/5/2019 | HY | Market Commentary: PetSmart mixed amid friction with creditor; FirstEnergy Solutions mixed after deal rejected
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4/1/2019 | HY | Market Commentary: Hexion notes up after bankruptcy filing; PetSmart notes mixed as legal dispute continues
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3/21/2019 | HY | Market Commentary: Intelsat notes fall on FCC chairman comments; Uniti gains after potential default waived
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3/19/2019 | HY | Market Commentary: PHI notes gain despite negative earnings report; Neiman Marcus issues gain as lawsuit dismissed
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3/14/2019 | HY | Market Commentary: Endo notes positive as company begins debt refinancing; PHI issues down on maturity fears
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3/12/2019 | HY | Market Commentary: Frontier improves as company offers secured notes; Neiman falls amid revenue report
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3/5/2019 | HY | Market Commentary: Intelsat notes lower after C-band news; Navios issues rise as exchange offer extended
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3/4/2019 | HY | Market Commentary: Digicel slightly recovers after bad earnings; Retail and oil in focus; Dean Foods drops
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3/1/2019 | HY | Market Commentary: Neiman Marcus notes rise on news of creditor agreement; PG&E issues up
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2/28/2019 | HY | Market Commentary: PG&E notes decline as company incurs $10.5 billion charge; Digicel issues fall
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2/25/2019 | HY | Market Commentary: Windstream falls on bankruptcy filing; PG&E slips on proposed trading restrictions
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2/12/2019 | HY | Market Commentary: Bristow mixed on Monday’s after-hours news; Pyxus gains on third-quarter results
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2/11/2019 | HY | Market Commentary: Hexion drops after board member resigns; Bristow crashes on earnings, nixed deal
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2/8/2019 | HY | Market Commentary: Mattel higher after beating earnings estimates; Tata Motors lower as Jaguar disappoints
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1/29/2019 | HY | Market Commentary: PG&E rises on bankruptcy filing; Ensco improves as merger agreement amended
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1/23/2019 | HY | Market Commentary: PDVSA higher amid Venezuela turmoil; FirstEnergy lower as subsidiary restructures
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1/17/2019 | HY | Market Commentary: MEG Energy crashes on canceled takeover; PG&E issues rise as bankruptcy saga presses on
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1/16/2019 | HY | Market Commentary: PG&E notes recover some recent losses; Adient issues fall on preliminary Q1 results
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1/11/2019 | HY | Market Commentary: Ferrellgas notes rise despite delisting warning; Bristow issues rise as merger delayed
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1/10/2019 | HY | Market Commentary: L Brands declines after lagging holiday sales; PG&E mixed on third day of high volume
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1/9/2019 | HY | Market Commentary: PG&E notes recover with broad market; PHI issues improve despite ratings downgrade
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1/8/2019 | HY | Market Commentary: PG&E drops on bankruptcy speculation; Hornbeck mixed on exchange offer
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1/7/2019 | HY | Market Commentary: Rowan positive despite shareholder opposition to sale; QEP pops on buyout news
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1/3/2019 | HY | Market Commentary: Neiman Marcus notes lower as creditor dispute continues; Ultra Petroleum issues fall
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1/2/2019 | HY | Market Commentary: Primary silent; trading thin; California Resources gains; Tesla active; L Brands drops
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12/24/2018 | HY | Market Commentary: Weatherford notes mixed on ratings downgrade; L Brands issues lower
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12/21/2018 | HY | Market Commentary: Denbury notes lose as company justifies merger; Mattel issues weaken at top of retail space
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12/14/2018 | HY | Market Commentary: California Resources leads energy space lower; L Brands drops after Thursday asset sale
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12/13/2018 | HY | Market Commentary: L Brands notes higher after asset sale; Ferrellgas issues gain on acquisition news
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12/13/2018 | HY | Market Commentary: Morning Commentary: Junk ETFs see Wednesday inflows; liquidity in high yield thin
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12/6/2018 | HY | Market Commentary: Sanchez Energy notes tank as strategic alternatives explored; Mallinckrodt issues crash
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12/3/2018 | HY | Market Commentary: Neiman Marcus notes rise amid continuing creditor spat; Weatherford issues rise after rig sale
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11/30/2018 | HY | Market Commentary: Altice notes rise after company sells stake in fiber unit; Ferrellgas issues improve
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11/21/2018 | HY | Market Commentary: Ensco, Rowan notes gain after clearing regulatory hurdle; Ultra Petroleum up
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11/20/2018 | HY | Market Commentary: L Brands notes fall on cut dividend; Sable Permian issues dive on earnings report
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11/20/2018 | HY | Market Commentary: Atlantica Yield withdraws; California Resources in focus as crude oil plummets; L Brands drops
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11/20/2018 | HY | Market Commentary: Morning Commentary: L Brands lower after dividend cut; Atlantica Yield postpones deal
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10/18/2018 | HY | Market Commentary: Hexion notes remain in focus; Nine West rises on amended bankruptcy plan
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10/17/2018 | HY | Market Commentary: Ultra Petroleum notes mixed on exchange agreements; Hexion issues mixed
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10/16/2018 | HY | Market Commentary: Uber upsizes; Albertsons in focus; Intelsat gains; Hexion slump continues; L Brands active
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9/20/2018 | HY | Market Commentary: AkzoNobel prices €1 billion; Refinitiv mixed again; CalRes declines; L Brands, Neiman Marcus rise
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8/29/2018 | BKHY | Fitch cuts, withdraws L Brands
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8/28/2018 | BKHY | S&P lowers L Brands, view negative
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8/23/2018 | HY | Market Commentary: L Brands, Hertz trade down; HCA, BMC Software trade above par; funds add $344 million
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7/12/2018 | HY | Market Commentary: Enterprise Development, goeasy price; Intelsat jumps; L-Brands drops; funds add $1.852 billion
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6/14/2018 | HYLM | L Brands sees $325 million of three notes tendered by early exchange deadline, sets pricing
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6/6/2018 | BWHY | L Brands ‘comfortable’ re liquidity, cash position, capital structure
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6/5/2018 | BKHY | Moody's rates L Brands notes Ba1
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6/1/2018 | HY | Market Commentary: Cimpress prices; Callon stuck at par; L Brands active on exchange offer; Talen gains
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6/1/2018 | BKHY | Fitch rates L Brands notes BB+/RR4
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6/1/2018 | BKHY | S&P gives L Brands notes BB+
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5/31/2018 | HYLM | L Brands offers $700 million of new notes for three existing notes
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5/30/2018 | BKHY | Fitch revises L Brands to negative
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1/10/2018 | HY | Market Commentary: Aramark megadeal drives by; new Sunoco busy and better; Ensco active amid tender, upcoming new deal
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1/9/2018 | HY | Market Commentary: Upsized Sunoco megadeal, plus Ingevity price; new Sunoco, L Brands busy; Cablevision off ahead of deal
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1/8/2018 | HY | Market Commentary: L Brands prints year's first deal; Sunoco $1.75 billion set for Tuesday; traders see modest profit taking
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1/8/2018 | HY | New Issue: L Brands prices $500 million 10-year bullet at par to yield 5¼%
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1/8/2018 | BKHY | Fitch gives L Brands notes BB+/RR4
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1/8/2018 | BKHY | S&P gives L Brands notes BB+
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1/8/2018 | BKHY | Moody’s rates L Brands notes Ba1
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1/8/2018 | HY | L Brands to price $500 million 10-year bullet in Monday drive-by; whisper is low-to-mid 5% area
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1/8/2018 | HYLM | L Brands to redeem 8½% notes due 2019 with new deal proceeds
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4/18/2017 | HY | Market Commentary: Cumberland prices; Petsmart surges on Chewy acquisition; Post up a bit after buying Weetabix; pharma down
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4/10/2017 | HY | Market Commentary: New Cedar Fair, recent Ultra Petroleum, Alliance take attention on session; oil, health care, retail trade tight
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4/10/2017 | HY | Market Commentary: E&P’s trade tight after oil gains; Endo up after offering announced; Petsmart volume heavy
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2/8/2017 | HY | Market Commentary: Parsley, Symantec gain as new issues hit market; Cengage mover of the day after results; retailers mixed
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2/8/2017 | HY | Market Commentary: Cengage Learning, McGraw movers of the day after results; Neiman loses more; Murray drops
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2/2/2017 | HY | Market Commentary: Avaya very active, but unchanged; retail movement mixed; Weatherford up on debt outlook
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1/5/2017 | HY | Market Commentary: Lennar drives by with upsized deal; retail issues rocked by Macy’s move; funds up $734 million
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12/14/2016 | BKHY | S&P lowers L Brands revolver
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8/18/2016 | BKBWHY | L Brands says Q2 liquidity ‘very strong,’ cites cash flow and revolver availability
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6/22/2016 | HY | Market Commentary: Morning Commentary: Freeport-McMoRan bonds jump 2¾ points in quiet market; new deals on tap
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6/20/2016 | HY | Market Commentary: AmeriGas drives by with $1.35 billion two-parter; overall market posts solid gains
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6/20/2016 | HY | Market Commentary: Morning Commentary: Junk surges in Monday trading; AmeriGas on deck with $1.35 billion deal
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6/17/2016 | HY | Market Commentary: High yield rebounds with oil prices, Acelity to price $190 million tap
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6/16/2016 | HY | Market Commentary: Junk tracks equities lower; New Weatherford notes slide with crude; Cott prices €450 million
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6/14/2016 | HY | Market Commentary: Nuance drives by, PVH taps euro market; new Reynolds bonds continue rise; Toys up on re-fi news
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6/13/2016 | HY | Market Commentary: High-yield secondary trades off; new issues in fashion; AK Steel pushes higher on tender, new deal
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6/13/2016 | HY | Market Commentary: High-yield secondary trades off; new issues in fashion; AK Steel pushes higher on tender, new deal
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6/13/2016 | HY | New Issue: L Brands prices $700 million 20-year bullet at par to yield 6¾% in Monday drive-by
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6/13/2016 | BKHY | Moody’s rates L Brands notes Ba1
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6/13/2016 | BKHY | S&P rates L Brands notes BB+
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6/13/2016 | BKHY | Fitch gives BB+/RR4 to L Brands notes
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6/13/2016 | HY | L Brands to price $700 million 20-year notes in Monday drive-by
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6/13/2016 | HYLM | L Brands to redeem 6.9% notes due 2017 with proceeds of new bonds
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1/13/2016 | BKBWHYLW | L Brands debt has steadily grown – but leverage remains in low-to-mid 3-times area
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11/2/2015 | HY | Market Commentary: Goodyear, T-Mobile lead $4.35 billion drive-by parade; Ally and Huntington Ingalls also price
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10/31/2015 | HY | Market Commentary: Primary quiet to close out $6 billion week, $9.4 billion month; Thursday deals rise in heavy trading
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10/30/2015 | HY | Market Commentary: First Data megadeal, Level 3 price; Bombardier falls despite aid; funds gain $2.04 billion
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10/28/2015 | HY | Market Commentary: Junk primary quiet, but new L Brands bonds jump; Bombardier flies on government aid report
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10/28/2015 | HY | Market Commentary: American Energy sends out new red, tweaks covenants; L Brands rises to 103¼ bid
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10/27/2015 | HY | Market Commentary: L Brands, Toll drive by, new bonds rise; Rite Aid jumps on Walgreens news; Valeant turns mixed
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10/27/2015 | HY | New Issue: L Brands upsizes to $1 billion, prices 20-year notes at par to yield 6 7/8%
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10/27/2015 | BKHY | S&P gives L Brands notes BB+
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10/27/2015 | BKHY | Fitch rates L Brands notes BB+/RR4
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10/27/2015 | BKHY | Moody’s applies Ba1 to L Brands notes
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10/27/2015 | HY | Market Commentary: Junk opens flat on Tuesday; Toll Brothers, L Brands on deck; funds see big inflows Monday
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10/27/2015 | HY | L Brands guides $400 million 20-year notes in high 6% to low 7% range
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7/23/2014 | BKHY | S&P rates L Brands loan BBB
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10/15/2013 | HY | Market Commentary: KB Home, Gray Television bring upsized deals, Neiman Marcus up next; overall market quiet
|
10/10/2013 | HY | Market Commentary: Wynn, L Brands, Aviv bring drive-by deals; D.C. progress boosts market; funds up $489 million
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10/10/2013 | HY | L Brands sets late morning call for $500 million 10-year notes offer
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10/10/2013 | HY | New Issue: L Brands prices $500 million 10-year bullet notes at par to yield 5 5/8%
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