11/1/2023 | HY | Market Commentary: Morning Commentary: Raising Cane’s $500 million notes on deck; Navient’s 11½% paper up
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8/17/2023 | BKDDGNHY | S&P lowers Lumen ratings
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2/10/2023 | BKGNHY | S&P lowers Lumen Technologies
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10/5/2022 | GNHYIG | S&P lowers Lumen
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11/17/2017 | DD | Market Commentary: Energy surges despite crude decline; Murray rebounds; wireline, Sprint, hospitals, retail stronger
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11/16/2017 | HY | Market Commentary: MultiPlan leads $2 billion primary, market firms broadly; funds plunge $4.4 billion
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11/16/2017 | HY | Market Commentary: Energy surges despite crude decline; Murray rebounds; wireline, Sprint, hospitals, retail stronger
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11/10/2017 | DD | Market Commentary: Cenveo slides on poor earnings; energy names weak, Level 3 loses; other telecoms see a bounce
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11/10/2017 | HY | Market Commentary: Platform, Precision, Titan price, trade actively; market weak again; funds out $622 million
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11/9/2017 | HY | Market Commentary: Cenveo slides on poor earnings; energy names weak, Level 3 loses; other telecoms see a bounce
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11/1/2017 | BKHY | Fitch cuts CenturyLink, rates facilities
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11/1/2017 | BKHY | S&P cuts CenturyLink debt, ups Level 3 debt
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8/30/2017 | HYLM | Level 3 to redeem floating-rate senior notes due 2018 on Sept. 29
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5/15/2017 | BKHYIG | S&P puts Level 3 Financing on positive watch
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2/14/2017 | BKHY | Syndication underway for CenturyLink’s $2.15 billion bridge loan backing Level 3 acquisition
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2/9/2017 | BKHYIG | S&P rates Level 3 loan BBB-
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1/4/2017 | BKBWHY | CenturyLink levers up to acquire Level 3 but expects quick de-levering due to cash-flow generation
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12/30/2016 | LM | Market Commentary: Outlook 2017: Giant offers mark 2016 for liability management; financials prominent
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12/19/2016 | BKHYIG | S&P lifts Level 3, unit
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12/15/2016 | BKHY | CenturyLink reveals structure on $10.2 billion debt commitment
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11/22/2016 | HYLM | Level 3 receives noteholder consent to avoid change-of-control offers
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11/10/2016 | HYLM | Level 3 seeks to avoid change-of-control offers for eight note series
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11/1/2016 | HY | Market Commentary: Primary quiet, calendar builds as ServiceMaster, Precision Drilling, Kissner deals slate; Jack Ohio on tap
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10/31/2016 | CLHY | Market Commentary: Asurion, Sirius, AMC break; TeamHealth down on buyout; Level 3 lower with acquisition
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10/31/2016 | BK | Market Commentary: Asurion, Sirius, AMC break; TeamHealth down on buyout; Level 3 lower with acquisition
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10/31/2016 | BK | CenturyLink plans $10.2 billion of new debt for Level 3 purchase
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10/31/2016 | BKHYIG | Fitch reviews CenturyLink, affirms Level 3
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10/31/2016 | BKHY | Moody’s: Level 3 outlook to stable
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10/31/2016 | BKHY | S&P affirms Level 3, puts subsidiary debt on positive watch
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10/27/2016 | HY | Market Commentary: Advanced Disposal, Cooper-Standard price; Community Health dives; funds lose $48 million
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9/30/2016 | BKHY | Fitch upgrades Level 3
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5/12/2016 | BKHY | S&P upgrades Level 3
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3/11/2016 | HY | Market Commentary: Upsized Extended Stay prices to cap $3.22 billion week; recent deals trade firmly
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3/11/2016 | BKCVDDEMIGPV | Market Commentary: Upsized Extended Stay prices to cap $3.22 billion week; recent deals trade firmly
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3/10/2016 | HY | Market Commentary: Sinclair, First Data add-on drive by; new Sinclair notes active, higher; energy names seen off
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3/8/2016 | HY | Market Commentary: Upsized Level 3 drives by, trades busily, active GameStop retreats; energy, iron-ore credits lower
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3/8/2016 | BKCVDDEMIGPV | Market Commentary: Upsized Level 3 drives by, trades busily, GameStop retreats; energy, iron-ore credits down
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3/8/2016 | HYLM | Level 3 to redeem $775 million of 7% notes due 2020 via new issue
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3/8/2016 | BKHY | S&P applies B to Level 3 notes
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3/8/2016 | BKHY | Moody’s gives B1 to Level 3 notes
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3/8/2016 | HYLM | Level 3 to redeem $500 million of 7% notes due 2020 via new issue
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1/7/2016 | BKBWHY | Level 3 eyes reaching 3x leverage target later this year or early next
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12/14/2015 | HY | Market Commentary: Junk primary goes silent; market retreat continues, though some credits seen up from lows
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12/10/2015 | HY | Market Commentary: Morning Commentary: Junk funds see big Wednesday outflows; recent issues continue to outperform
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11/13/2015 | HYLM | Level 3 announces plan to redeem all 8 5/8% senior notes on Dec. 13
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11/13/2015 | BKHY | S&P revises Level 3 to positive
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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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11/2/2015 | BKCVDDEMIGPV | Market Commentary: Goodyear, T-Mobile lead $4.35 billion drive-by parade; Ally, 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 | BKCVDDEMIGPV | 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: Morning Commentary: New First Data, Lennar bonds firm; Valeant jumps on Philidor exit
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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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10/29/2015 | BKCVDDEMIGPV | Market Commentary: First Data, Level 3, Lennar price; Bombardier falls despite aid; funds gain $2.04 billion
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10/29/2015 | HYLM | Level 3 to redeem all $900 million 8 5/8% notes due 2020 via new issue
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10/29/2015 | HY | New Issue: Level 3 prices upsized $900 million eight-year notes at par to yield 5 3/8%
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10/29/2015 | BKCVHY | S&P rates Level 3 notes B
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10/29/2015 | HYLM | Level 3 to redeem $500 million of 8 5/8% notes due 2020 via new issue
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8/28/2015 | BKCVHY | Fitch upgrades Level 3 to BB-
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8/13/2015 | BKCVHY | Moody’s raises Level 3, debt
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5/11/2015 | BKCVHY | Moody’s reviews Level 3, rates loan Ba2
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4/28/2015 | HYLM | Level 3 calls 8 1/8% notes and 8 7/8% notes for May 28 redemption
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4/17/2015 | HY | Market Commentary: Air Medical, NewStar price to cap $12.7 billion week, move up; AMD slides after results
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4/17/2015 | BKCVDDEMIGPV | Market Commentary: Air Medical, NewStar price to cap $12.7 billion week, move up; AMD slides after results
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4/16/2015 | HY | Market Commentary: Communications Sales does downsized deal; Gulfport prices; bonds gain; funds up $791.6 million
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4/16/2015 | BKCVDDEMIGPV | Market Commentary: Communications Sales downsizes deal; Gulfport prices; bonds gain; funds up $791.6 million
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4/15/2015 | HY | Market Commentary: Charter pays a return visit; Carrols, Wave Division also price; Tuesday deals busy; Linn gains
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4/15/2015 | BKCVDDEMIGPV | Market Commentary: Charter pays a return visit; Carrols, Wave Division price; Tuesday deals busy; Linn gains
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4/14/2015 | HY | Market Commentary: Upsized Level 3, DaVita and Carrizo drive-bys dominate primary, trade actively in aftermarket
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4/14/2015 | BKCVDDEMIGPV | Market Commentary: Upsized Level 3, DaVita and Carrizo drive-bys dominate primary, trade actively in aftermarket
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4/14/2015 | BKCVHY | Moody's rates Level 3 notes B3
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4/14/2015 | BKHY | S&P assigns B to Level 3 notes
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4/14/2015 | HYLM | Level 3 to redeem 8 1/8% senior notes due 2019 with new deal proceeds
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3/2/2015 | HYLM | Level 3 calls $500 million 9 3/8% senior notes due 2019 at 104.688
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1/15/2015 | HY | Market Commentary: Valeant, Targa price megadeals; Bombardier drops on plane pause; funds gain $879.5 million
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1/15/2015 | BKCVDDEMIGPV | Market Commentary: Valeant, Targa price megadeals; Bombardier drops on plane pause; funds gain $879.5 million
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1/14/2015 | HY | Market Commentary: Level 3 drives by, Ziggo also prices; HCA megadeal stays busy; overall market lower
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1/14/2015 | BKCVDDEMIGPV | Market Commentary: Level 3 drives by, Ziggo also prices; HCA megadeal stays busy; overall market lower
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1/14/2015 | BKCVHY | S&P rates Level 3 notes B
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1/14/2015 | HYLM | Level 3 plans to redeem $500 million 9 3/8% senior notes due 2019
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1/6/2015 | HY | Market Commentary: Oil names off again as crude slides goes on, but drop slows; Cliffs climbs; NCI deal slates
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1/6/2015 | BKCVDDEMIGPV | Market Commentary: Oil names off again as crude slides goes on, but drop slows; Cliffs climbs; NCI deal slates
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12/1/2014 | HYLM | Level 3 plans to redeem all 11 7/8% senior notes due 2019 on Dec. 31
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11/18/2014 | HY | Market Commentary: Mercer, upsized Owens-Illinois deals lead $3.5 billion session; new issues dominate trading
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11/18/2014 | BKCVDDEMIGPV | Market Commentary: Mercer, upsized Owens-Illinois deals lead $3.5 billion session; new issues dominate trading
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11/17/2014 | HY | Market Commentary: Upsized Equinix two-parter, Level 3, Huntington Ingalls, Multi-Color price; Guitar Center falls
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11/17/2014 | BKCVDDEMIGPV | Market Commentary: Equinix two-parter, Level 3, Huntington Ingalls, Multi-Color price; Guitar Center falls
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11/17/2014 | BKCVHY | Moody’s rates Level 3 notes Caa1
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11/17/2014 | BKCVHY | Fitch rates Level 3 notes B, BB
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11/17/2014 | HY | New Issue: Level 3 prices $600 million eight-year notes at par to yield 5¾%
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11/17/2014 | BKHY | S&P gives B to Level 3 notes
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11/17/2014 | HYLM | Level 3 to redeem all 11 7/8% notes due 2019 via offering proceeds
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11/17/2014 | HY | Level 3 to sell $600 million eight-year notes in Monday drive-by
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11/5/2014 | BKCVHY | S&P upgrades Level 3
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10/31/2014 | HYLM | Level 3 to redeem all of tw telecom’s 5 3/8%, 6 3/8% senior notes
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10/29/2014 | BKCVHY | Moody’s ups Level 3 CFR to B2
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10/10/2014 | BK | Market Commentary: Level 3 allocates, softens in secondary; Metaldyne prices, firms; CLO issuance in record territory
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10/10/2014 | CLHY | Market Commentary: Level 3 allocates, softens in secondary; Metaldyne prices, firms; CLO issuance in record territory
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10/10/2014 | BK | Level Three upsized $2 billion Libor plus 350 bps loan prices at 99¼
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10/8/2014 | BKCVHY | S&P rates Level 3 loan BB
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10/7/2014 | BKCVHY | Moody's rates Level 3 loan Ba3
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10/6/2014 | BKHY | Fitch assigns BB+/RR1 to Level 3 loan
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8/12/2014 | HY | Market Commentary: Primary lull continues, although American Eagle seen on tap; recent QVC deal remains active
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8/4/2014 | HY | Market Commentary: Sunshine Oilsands deal opens week as market tries to rebound; American Eagle Energy on tap
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8/4/2014 | BKCVDDEMIGPV | Market Commentary: Sunshine Oilsands deal opens week as market tries to rebound; American Eagle Energy on tap
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8/1/2014 | HY | Market Commentary: Primary quiet as deals pushed off, closing $5.7 billion week; market struggle continues
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8/1/2014 | BKCVDDEMIGPV | Market Commentary: Primary quiet as deals pushed off, closing $5.7 billion week; market struggle continues
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7/31/2014 | HY | Market Commentary: CDW, Hudbay drive-bys and NRG Yield price as market loss ends July; funds down $1.48 billion
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7/31/2014 | HY | Market Commentary: CDW, Hudbay drive-bys and NRG Yield price as market loss ends July; funds down $1.48 billion
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7/30/2014 | HY | Market Commentary: Mallinckrodt, upsized Paper Works price; Level 3 stays busy; First Data off after numbers
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7/30/2014 | BKCVDDEMIGPV | Market Commentary: Mallinckrodt, upsized Paper Works price; Level 3 stays busy; First Data off after numbers
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7/29/2014 | HY | Market Commentary: Upsized Level 3, other drive-bys pace $2.5 billion session; Windstream busy on REIT plan
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7/29/2014 | BKCVDDEMIGPV | Market Commentary: Upsized Level 3, other drive-bys pace $2.5 billion session; Windstream busy on REIT plan
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7/29/2014 | BKCVHY | Fitch: Level 3 view positive
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7/29/2014 | BKCVDDHY | Moody’s rates Level 3 notes B3
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7/29/2014 | BKCVHY | S&P rates Level 3 notes B
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7/29/2014 | HY | Level 3 to sell $600 million eight-year notes in Tuesday drive-by
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6/18/2014 | CV | Moody’s ups Portugal Telecom
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6/18/2014 | CV | Moody’s ups Portugal Telecom
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6/18/2014 | BKCVHY | Moody’s may lift Level 3
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6/18/2014 | BKCVHY | Moody’s may cut tw telecom
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6/17/2014 | BKHY | Level 3 plans $2.4 billion term loan B, $600 million senior notes
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6/17/2014 | BKCVHY | S&P might lift Level 3
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6/16/2014 | BK | Market Commentary: Consolidated Container, ConvergeOne free to trade; ServiceMaster weakens with refinancing
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6/16/2014 | CLHY | Market Commentary: Consolidated Container, ConvergeOne free to trade; ServiceMaster weakens with refinancing
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6/16/2014 | BK | Level 3 plans $3 billion new financing for tw telecom acquisition
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6/12/2014 | BKBWHYLW | NYSSA Conference: Conditions seen as ‘optimal’ for junk issuance, but lower coupons new norm
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6/9/2014 | BKCVHY | S&P elevates Level 3
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6/2/2014 | BKCV | Fitch upgrades Level 3
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5/16/2014 | BKCVHY | S&P could lift Level 3
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12/31/2013 | CVLM | Level 3 converts some 6.5% convertibles, redeems remaining amount
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12/19/2013 | HYLM | Level 3 Financing to redeem $300 million floating-rate notes Dec. 26
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12/4/2013 | BKCVHY | Level 3 eyes lower leverage, refinanced $2.6 billion of debt, says CFO
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11/25/2013 | CVLM | Level 3 calls $201.25 million 6.5% convertible senior notes due 2016
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11/20/2013 | HY | Market Commentary: Avis drive-by, Tervita price; new BreitBurn jumps in heavy trading; busy Caesars on the slide
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11/18/2013 | HY | Market Commentary: T-Mobile, Sabine Pass megadeals drive by; calendar builds; ServiceMaster gyrates on spinoff plans
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11/13/2013 | HY | Market Commentary: Upsized Post Holdings, Stone Energy drive-bys lead $1.26 billion day; new Toll bonds busy
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11/12/2013 | HY | Market Commentary: Reynolds, Toll help post-holiday junk primary reopen with $2.37 billion bang; secondary quiet
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11/12/2013 | BKCVDDHY | Moody's rates Level 3 notes B3
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11/12/2013 | HYLM | Level 3 to repay all $300 million floaters via new notes offering
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11/12/2013 | BKCVDDHY | S&P rates Level 3 notes CCC+
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11/12/2013 | BKCVHY | Fitch rates Level 3 notes BB-/RR2
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11/12/2013 | HY | Level 3 pricing $300 million four-year floating-rate notes Tuesday
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11/12/2013 | HY | New Issue: Level 3 prices $300 million four-year notes at six-month Libor plus 350 bps
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11/4/2013 | HY | Market Commentary: Primary quiet, awaits downsized Golden Nugget; new United Continental busy; Alcatel-Lucent up
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10/31/2013 | HY | Market Commentary: Upsized Kinder Morgan megadeal, Capsugel lead $2 billion session; funds gain $753 million
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10/30/2013 | HY | New Issue: Level 3 prices $640 million notes due 2021 at par to yield 6 1/8%
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10/30/2013 | HY | Market Commentary: Level 3, First Data price drive-by deals, Garda on tap; new Pittsburgh Glass, Navios gain
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10/30/2013 | HYLM | Level 3 to redeem its $640 million 10% notes due 2018 via new offering
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10/30/2013 | BKCVDDHY | S&P rates Level 3 notes CCC+
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10/30/2013 | BKCVHY | Fitch rates Level 3 notes BB-
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10/30/2013 | BKHY | Moody's assigns Level 3 notes B3
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9/30/2013 | BK | Market Commentary: Archroma, Miller Heiman break; Penton Media, Mitchell International revisions surface
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9/25/2013 | BKCVHY | Level 3 Communications on track to reach leverage target, plans to continue debt repayment
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9/24/2013 | BK | Level 3 Financing launches $1.2 billion term loan B-2 to investors
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9/24/2013 | BK | Market Commentary: Dell, Spotless, CPG International, Nexstar break; Information Resources tweaks pricing
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9/24/2013 | BKCVDDHY | Moody's rates Level 3 loan Ba3
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9/24/2013 | BKCVHY | S&P rates Level 3 loan BB-
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9/24/2013 | BKCVHY | Fitch assigns Level 3 loan BB/RR1
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8/19/2013 | HY | Market Commentary: Primary falls quiet; secondary softer; AMR, Caesars, telecom paper trade around
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8/19/2013 | HY | Telecommunications bond issues active in early trading
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8/16/2013 | BK | Market Commentary: TPF, Crown Castle, Yonkers Racing, EXCO, Shingle Springs, Fogo de Chao, Sportsman's break
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8/14/2013 | BK | Market Commentary: Bronco Midstream, TriNet, Level 3, Generic Drug, ZEST Anchors, TIP Trailer free to trade
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8/13/2013 | BKCVHY | Fitch rates Level 3 loan BB/RR1
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8/13/2013 | BK | Level 3 launches $595.5 million term loan B at Libor plus 300 bps
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8/13/2013 | BK | Market Commentary: Spectrum, Booz, Misys, IES break; TIP, ZEST, Generic, Ceridian, Surgical, Huntsman revised
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8/13/2013 | BKCVHY | Moody's rates Level 3 loan Ba3
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8/13/2013 | BKCVHY | S&P rates Level 3 loan BB-
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8/12/2013 | BK | Level 3 completes refinancing of term B to cut rate to Libor plus 300 bps
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8/9/2013 | BK | Market Commentary: BMC, Level 3, WS Packaging break; Alcatel, Bowie, Generic Drug, IES revisions emerge
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8/8/2013 | BK | Level 3 cuts spread on $815 million term B-III to Libor plus 300 bps
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8/8/2013 | BK | Market Commentary: Boyd Gaming, Multi Packaging Solutions, U.S. Renal Care, Keystone, Endurance break
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8/6/2013 | BKCVHY | Fitch rates Level 3 loan BB
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8/5/2013 | BKCVHY | S&P assigns BB- to Level 3 term loan
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8/5/2013 | BKCVHY | Moody's rates Level 3 loan Ba3
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8/5/2013 | BK | Level 3 launches $815 million term loan B-III at Libor plus 325 bps
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8/5/2013 | BK | Market Commentary: Reynolds, Pinnacle, Willbros, Fresenius break; Multi Packaging, Tata tweak deadlines
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7/26/2013 | CV | Market Commentary: Level 3 strong after earnings; Tesla extends gains; Goodrich better; American Realty weak
|
7/1/2013 | HY | Market Commentary: High-yield primary quiets down as holiday run-up starts; secondary levels seen better
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6/10/2013 | BKDDHY | S&P corrects, ups Level 3 Financing senior notes to CCC+
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6/3/2013 | BKCVDDHY | S&P upgrades Level 3
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2/13/2013 | CV | Market Commentary: BlackRock Kelso flat; planned Cliffs wrestles borrow; Starwood up; WellPoint flat to lower
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10/24/2012 | BKCVHY | Level 3 reports capital markets transactions of $3.7 billion in Q3
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10/1/2012 | BK | Level 3 reprices $1.2 billion term loan due 2019 at Libor plus 325 bps
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10/1/2012 | BK | Market Commentary: Fortescue sets meeting for $4.5 billion loan; LCDX index trades 3/8 higher; repricings roll out
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9/28/2012 | BK | Market Commentary: Calpine, Level 3, GNC, Univar, Tank Holding break; iStar down with refi; Transtar to shut early
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9/26/2012 | BKCVHY | S&P rates Level 3 loan B+
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9/26/2012 | BKCVHY | Moody's: Level 3 loan Ba3
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9/25/2012 | BK | Level 3 launches $1.2 billion covenant-light term loan to investors
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9/25/2012 | BK | Market Commentary: Sheridan, ADS, Cannery, Allison break; Zayo down with repricing; TriZetto moves deadline
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8/15/2012 | BKCVHY | Level 3 Communications has 'transformed' balance sheet, CEO says
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8/6/2012 | HYLM | Level 3 to redeem 83/4% notes; offering proceeds to fund redemption
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8/3/2012 | BKCVHY | Fitch: Level 3 notes at BB-
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8/2/2012 | BK | Market Commentary: Pilot, Level 3 free up; First Data up with paydown; WaveDivision accelerates deadline
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8/2/2012 | HY | Market Commentary: First Data, Steel Dynamics, Host drive-bys lead $3.7 billion session; funds gain $401 million
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8/2/2012 | HY | Market Commentary: First Data, Steel Dynamics, Host drive-bys lead $3.7 billion session; funds gain $401 million
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8/1/2012 | HY | New Issue: Level 3 sells upsized $775 million eight-year notes at par to yield 7%
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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
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8/1/2012 | BK | Level 3 finalizes short- and long-term loan sizes, updates pricing
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8/1/2012 | BK | Market Commentary: Van Wagner frees up; Select Medical slides; Level 3, Dunkin', Patriot Coal update deals
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8/1/2012 | BKCVDDHY | S&P rates Level 3 notes CCC
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8/1/2012 | BKCVHY | Moody's rates Level 3 loan Ba3, notes B3
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7/30/2012 | BK | Market Commentary: Corporate Executive, Liberty break; Level 3 up on refi; RedPrairie, SuperValu tweak deals
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7/30/2012 | BKHY | S&P rates Level 3 loans B+
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7/30/2012 | BK | Level 3 launches up to $1.4 billion in term loans to investors
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7/25/2012 | BKCVHY | Level 3 reports free cash flow for Q2, expects to cut leverage: CFO
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7/24/2012 | HY | Market Commentary: KB, Isle drive-bys lead $1.6 billion day; Crescent slates; Xtreme out; GenOn extends gains
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7/19/2012 | HY | Market Commentary: DISH, Hologic, Party City lead huge primary session; new deals jump; funds gain $821 million
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7/18/2012 | HY | Market Commentary: Level 3, upsized Smithfield price, firm, market awaits Hologic, Party City; Stork won't fly
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7/18/2012 | BKCVDDHY | Moody's rates Level 3 notes Caa2
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7/18/2012 | BKCVDDHY | Fitch rates Level 3 notes B-
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7/18/2012 | BKCVDDHY | S&P rates Level 3 notes CCC
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7/18/2012 | HY | New Issue: Level 3 prices $300 million seven-year notes at par to yield 8 7/8%
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7/18/2012 | HY | Market Commentary: Level 3, upsized Smithfield price, firm, market awaits Hologic, Party City; Stork won't fly
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3/14/2012 | CV | Market Commentary: New Medivation, Wintrust edge higher; secondary quiet; overseas new issue market heats up
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3/13/2012 | CVLM | Level 3 agrees to exchange $100.06 million of convertibles for stock
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1/13/2012 | HYLM | Level 3 calls 91/4% senior notes due 2014 using proceeds from new deal
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1/13/2012 | HY | Market Commentary: Upsized Physio-Control prices, AAR also, new Atwoods busy; market easier on day, up on week
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1/12/2012 | HY | Market Commentary: Atwood, Amerigroup, Block deals price; Atwood firms; Chesapeake chokes; funds post big gains
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1/11/2012 | BKCVHY | Moody's: Level 3 notes B3
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1/11/2012 | HY | Market Commentary: Datatel, Charter, upsized MGM price deals, new Datatels move up; Sears gains, SuperValu off
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1/10/2012 | HY | Market Commentary: Upsized Level 3 prices, rises; BreitBurn follows; AAR slates deal; Kodak climbs on revamp
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1/10/2012 | BK | Level 3 to use offering proceeds to redeem some 91/4% notes due 2014
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1/10/2012 | BKCVDDHY | S&P rates Level 3 notes
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1/10/2012 | BKCVHY | Fitch rates Level 3 notes BB-/RR2
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1/10/2012 | HY | New Issue: Level 3 sells upsized $900 million 8.5-year 8 5/8% notes at par
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12/7/2011 | BKCVHY | Level 3 to improve balance sheet to level of 'competitive strength'
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11/10/2011 | BKCVLM | Level 3 closes term loan, gives 3.5% convertibles redemption notice
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11/7/2011 | BKCVHY | Fitch rates Level 3 loan BB
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11/4/2011 | HY | Level 3 loans rise; Pharmaceutical Product sets launch, talk; Asset Acceptance tweaks
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11/4/2011 | BK | Market Commentary: Level 3 loans rise; Pharmaceutical Product sets launch, talk; Asset Acceptance tweaks deal
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11/4/2011 | BKCVHY | S&P assigns Level 3 loan B+
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11/4/2011 | BKHY | Moody's rates new Level 3 Financing term loan Ba3
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11/4/2011 | DD | S&P gives Level 3 loan B+
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11/3/2011 | BK | Market Commentary: Neustar, RegionalCare free up; Level 3 B II dips as add-on launches, breaks; Gentiva falls
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11/3/2011 | BK | Level 3 launches add-on term loan, quickly upsizes to $550 million
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11/2/2011 | BKCVHY | Level 3 CFO says acquisition 'significantly improved' credit profile
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10/12/2011 | BKCVHYLM | EarthLink touts 'particularly strong' balance sheet, will redeem convertibles next month
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10/4/2011 | BKCVHY | Fitch upgrades Level 3
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10/4/2011 | HYLM | Level 3 calls $1.35 billion of Global Crossing notes following merger
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10/4/2011 | BK | Market Commentary: Garden Ridge breaks; Microsemi ups deadline; Total Safety, BarrierSafe, NewWave set talk
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10/4/2011 | BKCVHY | Moody's ups Level 3 to B3
|
8/23/2011 | CV | Market Commentary: Omnicare down on acquisition plan; James River lower; Kodak improves with lower shares
|
8/3/2011 | BK | Level 3 finalizes Libor floor on $650 million term B II at 1.5%
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8/3/2011 | BK | Market Commentary: Level 3, Ipreo, Inmar break for trading; Hawker Beechcraft, Clear Channel dip with numbers
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8/3/2011 | BKCVDDHY | S&P rates Level 3 loan B+
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7/28/2011 | BK | Level 3 launches $650 million term loan B II at Libor plus 425 bps
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7/28/2011 | BK | Market Commentary: Autoparts, OM, MCCI, United States Infrastructure break; Masergy, Water Pik revise deals
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7/27/2011 | BK | Market Commentary: Reynolds, Academy Sports, Capsugel, Terex break for trading; Dynegy, OM Group revise deals
|
7/27/2011 | BK | Level 3 Financing to launch $650 million term loan B II on Thursday
|
7/22/2011 | BKCVHY | S&P affirms Level 3
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7/20/2011 | HY | Market Commentary: SunCoke Energy, Trader, Capsugel price, North Atlantic on tap; OPTI zooms on Cnooc sale plan
|
7/19/2011 | HY | Market Commentary: TitleMax prices add-on; Reynolds launches giant deal; secondary stronger; Nortel heads north
|
7/18/2011 | HY | Market Commentary: Primary quiet as recent new deals hold gains; Petrohawk Energy rise resumes; Kodak trades off
|
7/15/2011 | BKCVDDHY | S&P: Level 3 unchanged
|
7/15/2011 | DDHY | Moody's: Level 3 add-on Caa1
|
7/15/2011 | HY | Market Commentary: SRA International deal closes out week, jumps in aftermarket; Petrohawk pops on BHP buyout
|
7/14/2011 | HY | New Issue: Level 3 sells upsized $600 million tap of 8 1/8% notes due 2019 to yield 8 3/8%
|
7/14/2011 | HY | Market Commentary: Upsized Warner behemoth, Level 3 lead pricing parade; new ExamWorks gains; MTR gone; funds up
|
7/7/2011 | CVLM | Level 3 holders agree to convert $127.96 million of 15% convertibles
|
6/1/2011 | BKCVHY | Level 3 touts Global Crossing deal as key to lower borrowing costs
|
5/27/2011 | HY | Market Commentary: Market winds down before holiday; recent deals see demand; McClatchy firms on asset sale
|
5/27/2011 | HY | Market Commentary: Market winds down before holiday; recent deals see demand; McClatchy firms on asset sale
|
5/26/2011 | HY | Market Commentary: GM, WCA, Oil States, International Auto price, move up; Endo, W&T slate; funds up $94 million
|
5/25/2011 | HY | Market Commentary: Upsized Level 3, CGG drive by, bigger Exopack also prices; market awaits GM, Oil States, WCA
|
5/25/2011 | BKCVDDHY | S&P rates Level 3 notes CCC
|
5/25/2011 | BKCVDDHY | Moody's: Level 3 notes at Caa1
|
5/25/2011 | BKCVDDHY | Fitch: Level 3 unchanged
|
5/25/2011 | HY | New Issue: Level 3 sells upsized $600 million 8 1/8% eight-year notes at 99.264 to yield 81/4%
|
5/20/2011 | BK | Level 3 adds three more banks to $650 million term loan B II
|
4/14/2011 | BK | Level 3 $650 million term loan pricing expected at Libor plus 400 bps
|
4/13/2011 | HY | Market Commentary: Ally, Commercial Vehicle price; iGate, Chesapeake Midstream set talk; acquisition lifts Graham
|
4/12/2011 | HY | Market Commentary: Sugarhouse, Taseko price, move up; Nortek prices; Community Health rebounds from Monday slide
|
4/11/2011 | BKCVDDHY | S&P places Level 3 on positive watch
|
4/11/2011 | DD | Market Commentary: Catalyst Paper notes close unchanged; NewPage steady on thin trading; Nebraska Book bonds fall
|
4/11/2011 | BKCVDDHY | Moody's may lift Level 3
|
4/11/2011 | HY | Market Commentary: Vail, Spencer price; hospital bonds hit on Tenet suit; Level 3, Global Crossing up on deal
|
4/11/2011 | BKCVDDHY | Fitch puts Level 3 on positive watch
|
4/11/2011 | BKHY | Level 3 plans $650 million senior secured, $1.1 billion bridge debt
|
4/11/2011 | BK | Market Commentary: Ameristar breaks; Level 3 rises; Community Health drops on lawsuit; Lee gains with refi
|
4/11/2011 | CV | Market Commentary: American Medical mixed on hedge on takeout news; Endo lower; AMR off; PPL, Hercules on tap
|
4/11/2011 | BKCVHY | Level 3 projecting stronger credit profile, free cash flow after Global Crossing acquisition
|
4/11/2011 | CVDDHY | Moody's puts Global Crossing under uncertain review
|
3/25/2011 | HYLM | Level 3 to redeem $443 million of 91/4% senior notes due 2014 on April 4
|
3/4/2011 | BKCVHY | Fitch rates Level 3 notes B+
|
3/3/2011 | HY | Market Commentary: Valeant, MEMC, Jo-Ann Stores price; new Jo-Ann, Perry Ellis hot, Jones is not; funds gain
|
3/1/2011 | BKCVHY | Moody's rates Level 3 notes Caa1
|
3/1/2011 | BKCVHY | S&P rates Level 3 notes CCC
|
3/1/2011 | HY | New Issue: Level 3 prices upsized $500 million 9 3/8% eight-year notes at 98.001 to yield 9.735%
|
3/1/2011 | HY | Market Commentary: Level 3, J. Crew, Key Energy, American Renal price deals; Baker & Taylor postpones; ATP Oil up
|
3/1/2011 | HYLM | Level 3 to use notes offering proceeds for redemption of 91/4% notes
|
2/22/2011 | CVLM | Level 3 redeems its $195.67 million of 5.25% convertibles due 2011
|
2/4/2011 | CV | Outright convertible players add 1.9% for January, Citigroup says
|
1/24/2011 | CVHYLM | Level 3 to issue $300.22 million more 11 7/8% notes in exchange for remaining 9% convertibles
|
1/19/2011 | CVLM | Level 3 calls all $195.7 million of its 5.25% convertibles due 2011
|
1/14/2011 | HY | Market Commentary: Petrohawk prices upsized add-on, new CityCenter mega-deal up; activity wanes ahead of holiday
|
1/13/2011 | HY | Market Commentary: Upsized CityCenter leads $5 billion new-deal torrent; most issues rise in trading; funds gain
|
1/12/2011 | HY | Market Commentary: Grifols, Laredo price, Laredo gains; market awaits Exide, Polymer, Arden; Catalyst up on call
|
1/12/2011 | HY | Market Commentary: Grifols, Laredo price, Laredo gains; market awaits Exide, Polymer, Arden; Catalyst up on call
|
1/11/2011 | BKCVHY | Fitch affirms Level 3
|
1/11/2011 | HY | New Issue: Level 3 prices $305 million 11 7/8% eight-year notes to yield 121/4%
|
1/11/2011 | HY | Market Commentary: CommScope, NRG giants lead hectic $4 billion session; SuperValu busy but little changed on numbers
|
1/11/2011 | BKCVDDHY | Moody's rates Level 3 notes Caa3
|
1/11/2011 | BKCVDDHY | S&P rates Level 3 notes CCC
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10/28/2010 | CV | Level 3 greenshoe exercised, lifts convertibles by $26.25 million
|
10/7/2010 | BKCVHY | Level 3 targeting leverage ratio between 3 times and 5 times
|
9/15/2010 | CV | New Issue: Level 3 gives details of new $175 million 6.5% six-year convertibles
|
9/15/2010 | CV | Market Commentary: Level 3, Volcano, AngloGold rise in secondary; Tower up but quiet; NextEra comes discounted
|
9/14/2010 | CV | Market Commentary: Convertible primary revives; Level 3, Volcano up in gray market; AngloGold launches bonds
|
9/14/2010 | BKCVHY | S&P rates Level 3 convertibles CCC
|
9/14/2010 | BKCVHY | Fitch assigns Level 3 notes CCC
|
9/14/2010 | CV | New Issue: Level 3 prices $175 million of six-year 6.5% convertibles, up 30%
|
9/13/2010 | CV | Level 3 plans to sell $175 million six-year convertibles to yield 6.25%-6.75%, up 22.5%-27.5%
|
9/13/2010 | CV | Market Commentary: Hertz comes 'in' a little on swap with better Dollar Thrifty bid; Level 3, Volcano on tap
|
8/24/2010 | HY | Market Commentary: GM bonds slide on no news, secondary otherwise quiet, soggy as stocks fall; primary stilled
|
4/28/2010 | CVLM | Level 3 calls its $171.8 million 10% convertibles due 2011 at 101.67
|
3/3/2010 | BKBWCVHY | Level 3 comfortable with balance sheet, considers capital projects
|
2/10/2010 | BKBWCVHY | Level 3 closes 2009 with $836 million of cash, buys back $73 million of debt in fourth quarter
|
2/4/2010 | HY | Level 3 completes tender for $546.91 million in 121/4% notes due 2013
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1/25/2010 | HY | Market Commentary: Credit Acceptance prices, rises, Equinox lags; Coleman coming; Blockbuster beatdown continues
|
1/20/2010 | HY | Level 3 obtains necessary consents for 121/4% senior notes due 2013
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1/11/2010 | BKCVHY | Fitch affirms Level 3, gives notes B+
|
1/7/2010 | HY | Market Commentary: Upsized Qwest leads $2 billion primary session, new TXU bonds jump; funds gain $288 million
|
1/6/2010 | HY | Market Commentary: Upsized Ply Gem issue prices, firms smartly, new Level 3 up; Paetec, TXU, Videotron slate deals
|
1/5/2010 | BKCVHY | S&P affirms Level 3
|
1/5/2010 | HY | New Issue: Level 3 Financing prices $640 million 10% eight-year notes at 97.982 to yield 10 3/8%
|
1/5/2010 | HY | Market Commentary: Level 3 prices year's first deal; Sorenson, Marquette slate bonds; NewPage up, sales lift Ford
|
1/5/2010 | HY | Level 3 launches tender for $550 million in 121/4% senior notes due 2013
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10/28/2009 | BK | Market Commentary: GenTek, Language Line break; Level 3, Ashland dip; Busch launches; Universal Orlando overfills
|
10/28/2009 | CVHY | Level 3 repaid 6% convertibles, bought $39 million notes in quarter
|
10/26/2009 | SS | Level 3 Communications allows Southeastern Asset larger stake
|
10/2/2009 | BK | Market Commentary: West up with IPO; Level 3 steady; Warner Chilcott sees strong reception; Skype nets orders
|
10/2/2009 | CVPP | New Issue: Level 3 Communications gives details on $275 million convertibles deal
|
10/1/2009 | CVPP | New Issue: Level 3 Communications $275 million convertibles due 2015 yield 7%
|
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
|
7/30/2009 | CVHY | Level 3 buys back $314 million of debt at discount in second quarter
|
7/30/2009 | DD | Market Commentary: American Axle debt falls; Park Ohio gets momentum; NRG numbers help notes; Level 3 disappoints
|
7/16/2009 | HY | Level 3 subsidiary closes unsuccessful solicitation for 121/4% notes
|
7/1/2009 | HY | Level 3 subsidiary begins consent solicitation for 121/4% notes due 2013
|
6/26/2009 | CV | Fitch lowers Level 3 convertibles
|
6/23/2009 | BKCVHY | Fitch gives Level 3 convertibles CCC
|
6/22/2009 | CV | Level 3 to swap new convertibles, cash for 6%, 2.875% convertibles
|
6/22/2009 | HY | Market Commentary: XM Satellite, Oxford, Alliance One slate new deals; new Quicksilver holds gains, E*Trade also
|
6/22/2009 | HY | Level 3 buys back $248 million of debt at discount in second quarter
|
6/19/2009 | HY | Market Commentary: Ardagh prices as primary winds down; new Quicksilver shines; E*Trade up despite downgrade
|
6/11/2009 | HY | Market Commentary: Connacher prices five-years, Univision, Sealed Air slate deals; new issues firm; funds up 13th time, gain $567 million
|
5/15/2009 | BK | Market Commentary: GM rally progresses; Ford, Chrysler follow suit; Unvision, First Data move on earnings
|
5/11/2009 | CV | Level 3's longer convertibles offer play on improving fundamentals, credit, Barclays says
|
5/4/2009 | BK | Level 3 Financing drives by with $60 million term loan add-on
|
5/4/2009 | BK | Market Commentary: Level 3 does add-on, debt trades up; Graham rises; LCDX gains ground; Nalco deal emerges
|
5/4/2009 | BKCVHY | Fitch affirms Level 3
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4/28/2009 | BK | Market Commentary: Celanese dips on numbers; Harrah's rises; Level 3 holds firm; General Motors climb continues
|
4/28/2009 | BKBWCVHY | Level 3 improves free cash flow through higher EBITDA, lower capex
|
4/8/2009 | BKCVHY | Fitch rates Level 3 loan BB-
|
4/7/2009 | BKCVDDHY | Moody's rates Level 3 loan B1
|
4/6/2009 | BKCVHY | S&P cuts Level 3 notes to CCC, rates loans B+
|
4/6/2009 | BK | Market Commentary: Level 3 incremental starts trading; Ford inches up as debt restructuring wraps; LCDX dips
|
4/3/2009 | BK | Level 3 Financing upsizes term loan to $220 million
|
4/3/2009 | BK | Market Commentary: Level 3 tweaks deal; TNS overfills; Tribune readies allocations; LCDX, cash stay strong
|
3/6/2009 | BKCVDDHY | Moody's downgrades some Level 3 bonds
|
2/11/2009 | BKBWCVHY | Level 3 ends 2008 with adequate cash on hand to cover 2009-2010 debt maturities
|
2/2/2009 | DD | Market Commentary: NOVA bonds continue to retreat; R.H. Donnelley earns day's top spot; Ford loan gyrates; Level 3 firm
|
1/8/2009 | BKDDHY | Moody's keeps Level 3 on review
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1/5/2009 | BKDDHY | S&P ups Level 3
|
1/5/2009 | HY | Market Commentary: Market moves up on 'buying frenzy'; GMAC steady, phone bonds strong; Tyson seen firmer even as CEO quits
|
12/31/2008 | CV | Level 3 accepts tenders for $123.85 million of 6% convertibles due 2009
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12/31/2008 | PP | New Issue: Level 3 settles $400 million private placement of convertibles with $26.2 million tranche
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12/31/2008 | BKDDHY | S&P cuts Level 3 to SD
|
12/31/2008 | CV | S&P cuts Level 3 Communications to SD
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12/24/2008 | PP | New Issue: Level 3 settles $373.8 million private placement of convertibles
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12/24/2008 | PP | Market Commentary: Level 3 downsizes; Katanga eyes $265.3 million bridge; ECO2 settles deal; Music Copyright plans offering
|
12/23/2008 | CV | Level 3 completes tender for two series of convertibles, waives minimum, extends offer for third
|
12/16/2008 | CV | Level 3 extends tender offers for 2.875%, 6% convertibles, reduces minimum tender condition
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12/8/2008 | CV | Level 3 waives financing condition for tender offers for 2.875%, 6% convertibles
|
11/24/2008 | BKCVHY | Moody's lowers Level 3
|
11/24/2008 | DD | Market Commentary: WaMu slips on hearing postponement; GM, GMAC mostly lower; Level 3 downgraded on convertibles tender
|
11/18/2008 | CVPP | New Issue: Level 3 adds investor to $400 million direct placement of convertibles
|
11/18/2008 | BKCVHY | S&P cuts Level 3
|
11/17/2008 | DDHY | Exchange deals taking the place of primary market, high-yield watchers say
|
11/17/2008 | CVPP | New Issue: Level 3 plans $400 million direct placement of convertibles
|
11/17/2008 | DD | Market Commentary: Neff tender boosts bonds; Harrah's structure mixed on exchange news; Realogy weaker on debt swap
|
11/17/2008 | HY | Market Commentary: Neff, some Harrah's bonds up on exchange offers; swaps emerge as 'new primary'; converts deal aids Level 3
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11/17/2008 | CV | Market Commentary: Citigroup trades little changed on job cut news, GM mixed; Level 3 longer-dated paper strengthens
|
11/17/2008 | PP | Market Commentary: United Therapeutics lands $150 million partnership; Level 3 funds buybacks; Cleanfield, Ontex offer stock
|
11/17/2008 | CV | Level 3 begins tender offers for 2.875%, 6% convertibles
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11/12/2008 | HY | Market Commentary: Las Vegas Sands jumps on financing plan, despite ratings cut; Nortel, Sprint fall again; autos continue skid
|
11/12/2008 | SS | Steelhead Navigator reports 5.2% passive stake in Level 3 Communications
|
11/4/2008 | CVHY | Level 3 files automatic shelf registration
|
10/23/2008 | BKCVHY | Level 3 reduces debt by $179 million since end of second quarter
|
10/23/2008 | CV | Market Commentary: Level 3, ProLogis lower after earnings; NII weaker; LifePoint Hospitals down ahead of earnings
|
10/23/2008 | DD | Market Commentary: WaMu hurt by credit default swap settlement; Donnelley gains, Idearc slips; US Airways pressured
|
10/23/2008 | HY | Market Commentary: WaMu whacked on CDS auction; Level 3 outlook hurts; Q4 hope aids Smurfit Stone; funds up $72 million
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10/16/2008 | CV | Market Commentary: Medtronic falls on report; Level 3 exchanges boost notes; AMR gains as oil slips; more buybacks possible
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10/15/2008 | CV | Level 3 issues stock in exchange for $108.21 million of convertibles
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10/9/2008 | DD | Market Commentary: General Motors, Ford pressured by lower sales forecast; Avis, Hertz 'got hurt'; broad market easier
|
10/9/2008 | HY | Market Commentary: Health care sector turns downward; GM, Ford securities remain under pressure; Avis, Hertz get hurt
|
10/1/2008 | DD | Market Commentary: Ford, GM sales slip, bonds drop; Charter paper lower on tender; Level 3 weaker on debt concerns
|
10/1/2008 | HY | Market Commentary: Auto sales numbers weigh on Ford, GM; Charter, Level 3 paper weaker; Casino bonds drift downward
|
9/24/2008 | CV | Level 3 shares being offered by Merrill to unwind bond hedge and warrant transactions
|
9/9/2008 | BKCVHY | Level 3 still planning to refinance 2010 maturities as credit profile improves
|
8/29/2008 | BKCVHY | Fitch: Level 3 outlook positive
|
8/29/2008 | HY | Market Commentary: Market in pre-holiday lull; Quiksilver off, Tousa bonds gyrate; Ashland seen as September business
|
7/24/2008 | DD | Market Commentary: Ford numbers weigh on auto sector debt; Portola plan pressures bonds; SemGroup debt pares losses
|
7/24/2008 | HY | Market Commentary: XM prices upsized deal, new bonds firm; Ford off after biggest-ever loss; funds see $26 million gain
|
7/24/2008 | BK | Market Commentary: TriZetto breaks; Penn National, Level 3, Ford move with numbers; Manitowoc timing, talk emerge
|
7/24/2008 | BKCVHY | Level 3 posts positive second-quarter free cash flow, expects to sustain cash generation
|
7/24/2008 | CV | Market Commentary: National City off slightly; WaMu slides; Cadence falls; Alliance Data trades in line in debut
|
7/23/2008 | DD | Market Commentary: Freescale up on earnings numbers; GM, GMAC rally despite lower sales; VeraSun plucks a good crop
|
7/9/2008 | DD | Market Commentary: Sealy paper up despite lower Q2; Spectrum bonds better; WCI unchanged; Masonite loan gains
|
6/26/2008 | DD | Market Commentary: Rite Aid debt structure pressured by Q1 results; Idearc, R.H. Donnelley continue to lose weight
|
6/5/2008 | DD | Market Commentary: Swift Transportation paper gains ground; Level 3 boosted; Tribune loan higher after lender call
|
6/5/2008 | HY | Market Commentary: Cenveo, Airgas price deals, trade up; Alltel up further as Verizon deal is official; funds add $264 million
|
5/29/2008 | DD | Market Commentary: Trump not wasting away in Margaritaville; Charter up on debt exchange; Quebecor gains; Linens firms
|
5/28/2008 | DD | Market Commentary: Six Flags inches upward; Blockbuster better; Primus gains after debt exchange; Gaming mixed
|
5/28/2008 | HY | Market Commentary: Moog upsizes deal, Cablevision prices also; existing Cablevision paper off; Standard Pacific keeps rising
|
5/21/2008 | DD | Market Commentary: Spectrum Brands lifted on asset sale; Swift dips; Primus Telecom attracts attention
|
5/19/2008 | DD | Market Commentary: Distressed bonds firmer in slow trading; ResCap debt improves; Delphi bonds edge higher
|
5/12/2008 | DD | Market Commentary: Charter boosted by narrower loss; Delphi steady despite 10-Q; Trump quiets down; Retail weaker
|
4/28/2008 | HY | Market Commentary: Ford Credit sells giant deal, parent up on Tracinda news; MarkWest adds on; Cott off as results disappoint
|
4/24/2008 | DD | Market Commentary: ResCap, GMAC slip on a series of downgrades; McClatchy, Tribune dip, Harrah's inches up
|
4/23/2008 | BK | Market Commentary: Level 3 rises, Delta slips on earnings; Northwest rises with amendment; Newport oversubscribed
|
4/23/2008 | BKCVHY | Level 3 reports 24% EBITDA growth, uses cash to repay first-quarter debt maturities
|
4/23/2008 | CV | Market Commentary: Level 3 takes off on earnings, cash flow outlook; Ambac tumbles on loss; AirTran fails to spark interest
|
4/23/2008 | DD | Market Commentary: Traders: Swift likely to trip covenant; Investors bet on Trump; Level 3 debt 'pops' on numbers
|
4/23/2008 | HY | Market Commentary: Level 3 jumps on results, outlook; McClatchy tender boosts bonds; Pep Boys get hit as CEO splits
|
3/31/2008 | DD | Market Commentary: Weak earnings hurt Hawaiian Telcom notes, loan; Thornburg slips; Delphi loan begins trading
|
3/27/2008 | DD | Market Commentary: Thornburg bonds mellow out; Level 3 paper creeps up; Delphi revises credit facility for third time
|
3/14/2008 | BKCVDDHY | Level 3 planning to use cash to repay 2009 maturities, refinance in 2010 and beyond
|
3/10/2008 | CV | Market Commentary: Convertible bonds weaken; Countrywide down 3 points; Level 3, Merrill active
|
3/10/2008 | DD | Market Commentary: Thornburg bonds regain some losses; AbitibiBowater continues to slide; Level 3 paper slips
|
3/10/2008 | HY | Market Commentary: Thornburg better but Countrywide falls on probe news; GM spins wheels; Abitibi debt plans taking shape
|
3/10/2008 | BK | Market Commentary: Level 3 falls on management changes; Cash softens; Delphi floats talk; Hudson readies allocations
|
2/27/2008 | DD | Market Commentary: Idearc slips on potential downgrade; Charter bonds firmer on numbers; Retailers largely better
|
2/26/2008 | BKCVDDHY | Level 3 says cash flow losses will be substantially lower this year, expects to be cash flow positive in '09
|
2/25/2008 | CV | Market Commentary: Level 3 mixed ahead of presentation; GM, Ford in line on reports; Archer Daniels, Beckman Coulter active
|
2/22/2008 | CV | Market Commentary: Silver Standard muted on debut; EMC slips with stock; Amgen, Level 3 lower as markets end mixed
|
2/21/2008 | DD | Market Commentary: AbitibiBowater bonds boosted; Quebecor debt rallies; Graphic Packaging notes better
|
2/20/2008 | CV | Market Commentary: Convertibles thinly traded amid weaker tone; Suntech, Level 3 lower; Encysive surges
|
2/15/2008 | DD | Market Commentary: Quality Distribution notes dive; Level 3 hurt by numbers, downgrade; Retailers holding steady
|
2/1/2008 | HY | Market Commentary: Petroleum Development deal prices; Freescale continues rebound; junk market generally firmer
|
1/7/2008 | HY | Market Commentary: Rite Aid retreat continues; techs keep tumbling; Level 3 lower; Atlas Energy hitting the road with deal
|
12/14/2007 | CV | Market Commentary: Evergreen convertibles up on analyst upgrade; United Rentals up; Level 3 lower; Euronet gains
|
12/4/2007 | CV | Market Commentary: Nabors down on Transocean deal; Ford falls; Microchip deal prices aggressive, opens flat
|
11/16/2007 | BKCVDDHY | Level 3 expects to realize leverage ratio goal in 2009, says cash losses will decline in coming quarters
|
11/7/2007 | BKCVHY | Moody's cuts Level 3 to SGL-2, bonds to Caa1
|
10/24/2007 | DD | Market Commentary: Tousa bonds weaker, loans better; Settlement talk helps Iridium; Dura dips, Delphi up
|
10/24/2007 | CV | Market Commentary: Amazon swings to big loss; YRC active ahead of earnings; Level 3 fall continues; sector woes hurt Intel
|
10/23/2007 | BKCVHY | Level 3 cuts 2007, 2008 guidance due to inability to meet expected revenue growth
|
10/23/2007 | CV | Market Commentary: Level 3 hammered on earnings; Countrywide down on borrower bailout; Medtronic coming back?
|
10/23/2007 | DD | Market Commentary: Delphi, Dura paper weaker; Level 3 dips on numbers; Technical Olympic active, better
|
10/23/2007 | HY | Market Commentary: Alliant revives postponed 7.5-year deal; Level 3 off on lowered guidance; Abitibi gains on merger OK
|
10/23/2007 | SP | New Issue: Deutsche Bank sells $2 million 16.4% reverse convertibles linked to Level 3
|
10/23/2007 | BK | Market Commentary: Texas Competitive may tighten OID; Level 3 bounces around; Freescale trades up; LCDX stronger
|
10/19/2007 | DD | Market Commentary: Trump bonds active, lower; Retailers weaker; Standard Pacific declines; MAAX dips
|
10/15/2007 | CV | Market Commentary: Medtronic down on recall; resignation drives down Level 3; Tektronix surges with takeover
|
10/15/2007 | HY | Market Commentary: Bausch & Lomb downsizes, restructures deal; Level 3 off on CFO departure; GM gyrates
|
10/10/2007 | CV | Market Commentary: Molson Coors continues hot streak; Countrywide edges up; ISIS, Level 3 fall; Rayonier, iStar set to play
|
10/5/2007 | CV | Market Commentary: Molina opens strong; Eastman Kodak, Symantec, Amgen, Level 3, Best Buy all up; EMC mixed
|
9/11/2007 | BKCVHY | Level 3 targets leverage ratio of 3 times to 5 times as 'suitable' level
|
8/24/2007 | BKCVHY | Fitch lifts Level 3
|
7/24/2007 | SP | New Issue: JPMorgan prices $750,000 16% reverse exchangeables linked to Level 3
|
6/28/2007 | SP | New Issue: JPMorgan prices $462,000 16% reverse exchangeables linked to Level 3 Communications
|
6/5/2007 | SP | JPMorgan to price 16% reverse exchangeables linked to Level 3
|
5/30/2007 | SP | New Issue: RBC sells $1.625 million 11.85% reverse convertibles linked to Level 3
|
5/29/2007 | SP | New Issue: JPMorgan Chase prices $3.685 million 14.25% reverse exchangeables linked to Level 3
|
5/25/2007 | SP | New Issue: HSBC sells $0.1 million of 12.85% reverse convertibles linked to Level 3
|
5/10/2007 | SP | RBC to price 11.85% reverse convertibles linked to Level 3
|
5/8/2007 | SP | JPMorgan to price 14.25% three-month reverse exchangeables linked to Level 3
|
5/8/2007 | SP | HSBC to issue 12.85% reverse convertibles linked to Level 3
|
5/8/2007 | SP | New Issue: HSBC sells $2.701 million 15% reverse convertibles linked to four stocks
|
5/2/2007 | SS | Level 3 allows investor to raise stake to up to 24.97%
|
4/26/2007 | CV | Market Commentary: Level 3 falls outright, better hedged on loss; Xilinx gains on guidance; Freeport-McMoran slips further
|
4/19/2007 | SP | New Issue: ABN sells $0.75 million 18% knock-in notes linked to Level 3
|
4/3/2007 | SP | Market Commentary: ABN Amro, Rabo to price slate of reverse convertibles with big coupons
|
4/3/2007 | SP | ABN Amro to price 18% reverse convertibles linked to Level 3 via LaSalle
|
3/26/2007 | SP | New Issue: Lehman sells $5.4 million 13.5% reverse exchangeables linked to Level 3 Communications
|
3/13/2007 | BK | Market Commentary: Sun Healthcare, Berry Plastics set talk; Oshkosh, Aramark slide on repricing pressure, market weakness
|
3/7/2007 | HY | Level 3 receives consents to amend 111/2%, 103/4% notes
|
3/5/2007 | BKCVHY | S&P assigns Level 3 Financing loan B
|
3/2/2007 | HY | Level 3 has consents for 73% of 11% notes, 96% of floating notes
|
3/1/2007 | BK | Market Commentary: Mitchell, MGM set talk; Univision adds step; Seminole upsizes; Level 3, Domtar break; Ford trades lower
|
2/27/2007 | BK | Market Commentary: Valassis, Charter, Level 3 tweak deals, Freeport sets talk; Arizona Chemical, Town Sports break
|
2/27/2007 | SP | New Issue: JPMorgan prices $288,000 18% notes linked to Level 3
|
2/27/2007 | SP | New Issue: RBC sells $1.206 million 16.5% reverse convertibles linked to Level 3 Communications
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2/26/2007 | HY | Level 3 receives consents to amend 121/4% notes
|
2/21/2007 | CV | Market Commentary: Medtronic holds firm after lowered outlook; Level 3 climbs on ratings upgrade; XM remains active
|
2/20/2007 | BKCVDDHY | S&P lifts Level 3, gives notes CCC+
|
2/20/2007 | HY | Level 3 begins tender offers for 111/2% notes, 103/4% notes
|
2/16/2007 | HY | Level 3 seeks consents for 121/4% notes
|
2/15/2007 | HY | Level 3 calls 12 7/8% notes, 111/4% notes, tenders for floaters, 11% notes
|
2/15/2007 | HY | Market Commentary: Rite Air prices upsized $1 billion deal; InSight bounces back; funds see $65 million inflow
|
2/14/2007 | BKCVDDHY | Fitch rates Level 3, notes B
|
2/13/2007 | BK | Market Commentary: Univision, Seminole, Level 3, Valassis, Audio set talk; DeCrane, IFM tweak deals; CineMedia, NEP break
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2/12/2007 | BKCVDDHY | Moody's rates Level 3 loan B1, notes B3
|
2/12/2007 | HY | Market Commentary: Novelis up on acquisition news; Windstream, Jarden bring quickie deals
|
2/9/2007 | BKCVDDHY | S&P: Level 3 on positive watch
|
2/9/2007 | DD | Market Commentary: Delta weaker; Federal-Mogul higher; Calpine surges; Doral 'whipped'
|
2/9/2007 | HY | New Issue: Level 3 doubles deal size to $1 billion, prices two tranches of senior notes
|
2/9/2007 | HY | Market Commentary: Upsized Level 3 deal prices, Seitel also; Primedia jumps as asset sale eyed
|
2/9/2007 | SP | RBC plans 16.5% reverse convertibles linked to Level 3
|
2/8/2007 | CV | Market Commentary: Suntech takes off on early debut; EMC climbs on spinoff plans; Level 3 lower on results, debt sale
|
2/8/2007 | DD | Market Commentary: MagnaChip gains on sector rise; Tembec up: Salton higher; earnings boost Exide
|
2/8/2007 | HY | Level 3 to price $500 million two-part note offering on Friday
|
2/8/2007 | HY | Market Commentary: TerreStar deal prices, firms; Level 3 up on refinancing; tech names firm; funds see $101 million inflow
|
2/8/2007 | HY | Level 3 plans to call 12 7/8% notes due 2010
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2/8/2007 | BK | Level 3 to launch $1 billion term loan Tuesday
|
2/8/2007 | SS | Market Commentary: HSBC, New Century plunge; First Horizon steady; Lear said to be quoted higher; Level 3 falls
|
2/7/2007 | SP | JPMorgan to price 18% reverse exchangeables linked to Level 3 Communications
|
1/31/2007 | SP | New Issue: Credit Suisse prices $1 million 22.6% reverse convertibles linked to Level 3
|
1/31/2007 | SP | New Issue: Credit Suisse prices $2 million 14.7% reverse convertibles linked to Level 3
|
1/31/2007 | SP | Market Commentary: Credit Suisse prices three reverse convertibles linked to Level 3; RBC, JPMorgan price bearish notes
|
1/30/2007 | SP | New Issue: Credit Suisse sells $1 million 22.5% reverse convertibles linked to Level 3
|
1/23/2007 | HY | Market Commentary: Snoqualmie bonds price; Salton jumps on Applica news; airlines nosedive
|
1/23/2007 | CVSS | Level 3 issues 36.7 million shares for $115 million 10% notes
|
1/17/2007 | SS | Market Commentary: Gains in Mills, Caremark, EOP, Cablevision highlight M&A rush; HMA seesaws; Commerce lower
|
1/12/2007 | CV | Market Commentary: Level 3 climbs on exchange of 10% convertible; Six Flags improves on parks sale despite skepticism
|
1/12/2007 | CV | Level 3 begins change-of-control offer for Broadwing's 3.125% convertibles
|
1/12/2007 | SS | Market Commentary: Cablevision slides due to tight spreads; Time Warner Cable climbs; Charter better; EOP up; Delphi off
|
1/11/2007 | SS | Market Commentary: Level 3 makes debt/equity swap; EOP pushed up; Six Flags higher; Doral talks sour; Midwest Air up
|
1/11/2007 | CVSS | Level 3 to issue shares for $490 million 10% notes
|
1/11/2007 | DD | Market Commentary: Delphi mixed; Tower savaged; Delta, Northwest chased higher; Doral bonds gain; Six Flags flies
|
12/29/2006 | HY | Level 3 gets consents, tenders from holders of 99.34% of 103/4% notes
|
12/22/2006 | DD | Market Commentary: Delta bids ease a point; Tower Auto edges up; Level 3 bid down; Calpine issues bid up 2-3 points
|
12/15/2006 | BKCVDDHY | S&P gives Level 3 notes CCC-
|
12/15/2006 | HY | Market Commentary: UCI, Dollarama, Neenah deals price; Goodyear better on talks news
|
12/13/2006 | BKCVDDHY | Fitch rates Level 3 note B
|
12/13/2006 | DD | Market Commentary: Level 3 bonds firm on tender for 103/4s; Sea Containers weakens; Anvil off on hedge fund liquidation
|
12/13/2006 | HY | New Issue: Level 3 upsized $650 million add-on to 91/4% notes due November 2014 prices at 101.75 to yield 8 7/8%
|
12/13/2006 | HY | Market Commentary: Aleris, Georgia-Pacific lead busy pricing parade; airlines head back up
|
12/13/2006 | HY | Level 3 solicits tenders, consents for 103/4% notes due 2011
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12/7/2006 | DD | Market Commentary: Remy issues may face huge short squeeze; Rotech higher amid rising chatter; Delphi bonds climb big
|
12/7/2006 | SS | DirecTV hits new high on News, Liberty Media stake exchange; Level 3 climbs; Movie Gallery up
|
12/4/2006 | BKCVDDHY | Level 3 says it will refinance debt maturities at lower coupon rates
|
11/30/2006 | CV | Market Commentary: Sirius gains on new product; Level 3 higher on rumors; Goodrich plans deal; Acquicor seen as outright deal
|
11/30/2006 | SP | New Issue: Barclays sells $2 million 15.5% reverse convertibles linked to Level 3
|
11/28/2006 | SP | Barclays to price 15.5% reverse convertibles linked to Level 3 Communications
|
11/1/2006 | SP | Barclays to price 15.5% reverse convertibles linked to Level 3
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10/30/2006 | CV | Market Commentary: Level 3 gains on takeout rumors; Medis quiet amid borrow concerns; Invitrogen, Red Hat gain slightly
|
10/27/2006 | HY | Market Commentary: Host Hotels, Hexion price deals; Charter moves up
|
10/26/2006 | BKCVDDHY | Moody's rates Level 3 notes B2
|
10/26/2006 | BKCVDDHY | Fitch rates Level 3 notes B
|
10/26/2006 | BKCVDDHY | S&P rates Level 3 note CCC-
|
10/25/2006 | HY | New Issue: Level 3 upsized $600 million eight-year notes yield 91/4%
|
10/25/2006 | HY | Market Commentary: Michaels Stores, Level 3 price upsized deals; Trump continues climb
|
10/24/2006 | HY | Level 3 talks quick-to-market $400 million eight-year notes at 91/4%-91/2%
|
10/24/2006 | HY | Market Commentary: HCA plans $5.7 billion deal; Level 3 slates offering; AMR flies on tender news
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10/18/2006 | BKHY | S&P affirms Level 3
|
10/18/2006 | BKHY | Moody's affirms Level 3
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10/17/2006 | BKCVHY | Fitch: acquisition of Broadwing positive for Level 3
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10/17/2006 | CV | Market Commentary: Level 3 jumps, Broadwing trips on buyout; ICOS gains on Eli Lilly offer; Home Properties launches deal
|
10/12/2006 | HY | Level 3 gains subsidiary guarantee for floating-rate 121/4% notes
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9/25/2006 | BKHY | Moody's introduces new ratings
|
9/12/2006 | HY | Market Commentary: Market up; Ventas sells $225 million drive-by; Bally down on liquidity news; Seagate plans $1.25 billion
|
7/25/2006 | HY | Market Commentary: Travelport, Buffets planning big deals; hospital bonds' condition worsens
|
7/21/2006 | HY | Market Commentary: Level 3 gains on asset sale; Jean Coutu get Eckerd offers; Amkor off
|
7/7/2006 | CV | Market Commentary: PMC-Sierra trips on outlook, CFO's resignation; General Motors up on meeting; Par Pharmaceutical eases
|
6/20/2006 | BK | Market Commentary: Level 3 ups term loan spread; Datatel boosts spreads; General Motors softens on amendment
|
6/16/2006 | BK | S&P gives Level 3 Financing loan B-
|
6/14/2006 | CV | Market Commentary: Intel gains on stock upgrade; Alleghany seen slightly cheap; Freeport-McMoran rises with copper prices
|
6/13/2006 | HY | Level 3 to redeem 9 1/8% notes due 2008, 101/2% notes due 2008
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6/13/2006 | CV | Level 3 greenshoe partially exercised, upping convertibles offer to $335 million
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6/8/2006 | CV | New Issue: Level 3 sells upsized $300 million six-year convertibles within talk, at 3.5%, up 20%
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6/8/2006 | CV | Market Commentary: Level 3, Advanced Medical climb on arrival; International Rectifier scraps deal; Interpublic stays aloft
|
6/7/2006 | CV | Market Commentary: Interpublic, Spansion, Charles River climb, Millipore struggles on debuts; Level 3 up in gray; L-3 gains
|
6/6/2006 | CV | Level 3's $150 million 6-year convertibles to price Wednesday, talked at 3.25%-3.75%, up 17.5%-22.5%
|
6/6/2006 | CV | Market Commentary: New deals seen as unexciting; Spansion structure seen as too long; Charles River, Millipore views mixed
|
6/6/2006 | BK | Market Commentary: Quality Home Brands, PaeTec tweak deals; Level 3, Datatel float spread talk ahead of launch
|
6/6/2006 | BKCVDDHY | S&P gives Level 3 Communications notes CCC-
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6/5/2006 | BK | Level 3 $730 million amended and restated term loan to launch Wednesday
|
6/5/2006 | CV | Market Commentary: SanDisk gains outright on stock upgrade; Sepracor falls on probe; Interpublic plans unique deal
|
6/5/2006 | HY | Market Commentary: Hovnanian deal prices, Chesapeake Energy slates; GNC gains on IPO news
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6/2/2006 | BK | Market Commentary: Cumulus Media flexes down pricing; Revlon loan trades up as bonds fall; market has better tone Friday
|
6/2/2006 | BKCVDDHY | Moody's ups Level 3, rates convertibles Caa3
|
5/31/2006 | BKCVDDHY | Fitch rates Level 3 convertibles CCC-
|
5/30/2006 | HY | Market Commentary: Level 3 gains on financing plans; Calpine climbs; Jacobs hits the road
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5/30/2006 | HY | Level 3 Communications to redeem, repurchase 9 1/8% notes, 101/2% notes
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5/30/2006 | BK | Level 3 plans loan amendment and restatement to lower rates
|
5/30/2006 | CV | Level 3 $150 million six-year convertibles talked at 3.25%-3.75%, up 17.5%-22.5%
|
5/30/2006 | CV | Market Commentary: CA up dollar-neutral amid delayed earnings; Level 3 deal seen as attractive; Cubist plans deal as expected
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5/5/2006 | BKCVDDHY | Moody's affirms Level 3 ratings
|
5/3/2006 | BKCVDDHY | Fitch ups Level 3 outlook to positive
|
5/1/2006 | HY | Market Commentary: Cumulus deal prices; Toys "R" Us jumps on favorable numbers
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5/1/2006 | CV | Market Commentary: Level 3 gains on $1.2 billion acquisition; Teva gets court boost; Human Genome tightens on drug trials
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4/25/2006 | CV | Market Commentary: Serologicals weakens on hedged basis; JetBlue, Level 3 gain on results; Dov falls on drug trial woes
|
4/25/2006 | HY | Market Commentary: Glatfelter, NPC deals price; Fedders bonds zoom as shares boom, Tembec also strong
|
4/17/2006 | CV | Market Commentary: Delta, JetBlue dive on oil, downgrades; Red Hat falls, Novell gains on Oracle CEO's comments
|
4/4/2006 | HY | Market Commentary: Owens & Minor prices split-rated issue; Sensata leads growing calendar; Tenet gains on hung jury
|
4/3/2006 | BKCVDDHY | S&P rates Level 3 notes CCC-
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4/3/2006 | BKCVDDHY | Fitch rates Level 3 notes B
|
4/3/2006 | HY | New Issue: Level 3 $300 million add-on to 121/4% notes due 2013 yields 11.768%
|
4/3/2006 | HY | Market Commentary: Level 3 sells add-on deal; Alderwoods jumps on coming buyout by Service Corp.
|
3/30/2006 | CV | Market Commentary: BioMarin, Best Buy, Lamar Advertising gain; but Casual Male, Level 3, Interpublic are lower
|
3/29/2006 | CV | Market Commentary: Lear gains on financing news, Amdocs strengthens; new issue from AMG fails to enthuse
|
3/28/2006 | CV | Market Commentary: Level 3, Time Warner Telecom, Transocean gain on stronger outlooks; Affiliated Managers plans new deal
|
3/28/2006 | HY | Market Commentary: Level 3 higher on improved guidance; little movement on GM news; Unity Media plans €1.35 billion deal
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3/27/2006 | HY | Market Commentary: KB Home, Hanover Compressor deals price; Level 3 continues rise
|
3/24/2006 | HY | Market Commentary: Lucent leaps on Alcatel merger talks; Sea Containers down on ferry exit; Compton sells add-on
|
3/23/2006 | HY | Market Commentary: Hard Rock, Mobile Satellite deals price; Level 3 bullish on Bear comments; funds see $49 million inflow
|
3/14/2006 | HY | Market Commentary: Junk tracks stocks higher; secondary shrugs off mad cow scare; Charter generates chatter; primary quiet
|
3/13/2006 | HY | Market Commentary: Quicksilver prices upsized deal; Aztar bonds up on merger news
|
3/10/2006 | HY | Market Commentary: Levi Strauss two-part deal prices; Dana keeps heading north
|
3/9/2006 | HY | New Issue: Level 3 raises $386.7 million with two-part bond sale
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3/9/2006 | HY | Market Commentary: Level 3 prices two-part deal; GM jumps on Delphi deal report; funds see $185 million outflow
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3/8/2006 | HY | Level 3 talks $400 million notes: five years at Libor plus 700-725 bps, seven years at 123/4%-13%
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3/8/2006 | HY | Market Commentary: Levi plans deal, Longview offering spiked; Elan up on Tysabri news
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3/7/2006 | BKCVDDHY | S&P rates Level 3 notes CCC-
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3/7/2006 | BKCVDDHY | Moody's rates Level 3 notes Caa1
|
3/3/2006 | HY | Market Commentary: Dave & Buster's prices eight-year deal; AK up on takeover buzz; bankrupt Dana climbs
|
3/3/2006 | HY | Level 3 selling $400 million notes in two-part offering
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2/22/2006 | HY | Market Commentary: Secondary stronger in formless trading; Movie Gallery moves up; Hovnanian brings drive-by deal
|
2/10/2006 | CV | Market Commentary: Freeport-McMoran, Inco sink in metals meltdown; Level 3 gains while investors still sweet on Nektar
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1/26/2006 | BKCVDDHY | Fitch: Level 3 acquisition positive
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1/19/2006 | BKCVDDHY | S&P reassigns CCC+ to Level 3
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1/11/2006 | HY | Level 3 gets tenders from holders of $692 million 9 1/8%, 101/2%, 11% notes
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1/10/2006 | BKCVDDHY | S&P rates Level 3 notes CCC-
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12/30/2005 | BKCVDDHY | Moody's: Level 3 outlook stable
|
12/23/2005 | HY | Level 3 gets tenders from holders of $690 million 9 1/8%, 101/2%, 11% notes at early deadline
|
12/23/2005 | HY | Market Commentary: Market quiet heading into holiday break; Albertson's up as deal is dead
|
12/12/2005 | BKCVDDHY | S&P puts Level 3's 2008 debt on negative watch
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12/12/2005 | BKCVDDHY | Fitch affirms Level 3
|
12/12/2005 | HY | Market Commentary: Level 3 bonds up on exchange offer news; Omnicare prices, talk emerges on Hertz deal
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12/12/2005 | DDHY | Level 3 starts exchange offer for 9 1/8%, 101/2%, 11% notes
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12/12/2005 | BKCVDDHY | Moody's rates Level 3 notes Ca
|
11/23/2005 | HY | Market Commentary: Calpine continues retreat on court ruling, Six Flags off on Red Zone victory claims; Gibraltar prices
|
11/8/2005 | BKCVDDHY | Fitch affirms Level 3
|
11/2/2005 | HY | Market Commentary: Agilent semiconductor buyers slate $1 billion deal; Chesapeake prices; Qwest climbs on tender news
|
11/1/2005 | BKCVDDHY | Moody's ups Level 3 to developing
|
11/1/2005 | HY | Market Commentary: GM lower on Moody's downgrade; Level 3 continues climb; Rural Cellular deal prices, Chesapeake ahead
|
11/1/2005 | BKCVDDHY | Fitch: Level 3 acquisition of WilTel positive for credit
|
10/31/2005 | BKCVDDHY | S&P: Level 3 unaffected
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10/31/2005 | CV | Market Commentary: Merger news spurs trades in Placer Dome, Chiron, Leucadia and Level 3
|
10/31/2005 | HY | Market Commentary: Refco bonds retreat, Level 3 gains; Chukchansi deal prices, Rural Cellular slates deal
|
10/25/2005 | HY | Market Commentary: Roundy's restructures; Calpine trades off; Cablevision, Level 3 firm
|
10/25/2005 | DD | Market Commentary: Calpine slips on convertible suit; Delphi gains; Refco ends steady; Level 3, Charter up on sale news
|
7/21/2005 | CV | Market Commentary: Cheniere Energy to price $300 million deal; selling hits convertibles as Treasuries slump
|
7/21/2005 | HY | Market Commentary: Kodak falls on further junk downgrades; Ashtead, Digicel, Interpublic price; funds see $53 million outflow
|
7/21/2005 | CVDDHY | Level 3 posts wider second-quarter loss on lower revenue, but results better than expected
|
5/16/2005 | CV | Market Commentary: Level 3 bonds indifferent to unit IPO; Fannie Mae bounces then retreats; TOP Tankers afloat anew
|
5/2/2005 | HY | Market Commentary: Calpine gains after denying rumors; MCI, Qwest higher as Verizon wins; primary quiet
|
4/29/2005 | HY | Market Commentary: Calpine in big bounce; Gardner Denver, Central European Media deals price
|
4/26/2005 | CV | Market Commentary: Curagen plunges amid big sellout; Level 3 founders; XM rises, Sirius dips; Wynn bid up; airlines plunge
|
4/26/2005 | HY | Market Commentary: Chiquita off on Fresh Express delay; Calpine stabilizes; Hawaiian Telcom downsizes
|
4/26/2005 | BKCVDDHYPP | Level 3 posts smaller Q1 loss, says new convertible deal boosts liquidity
|
4/6/2005 | DD | Market Commentary: Owens Corning bonds higher; Mirant bank debt gains
|
2/28/2005 | CVPP | Level 3 says Legg Mason will participate in $880 million note offering
|
2/25/2005 | BKCVDDHYPP | S&P rates Level 3 convertibles CC
|
2/24/2005 | PP | Market Commentary: U.S. private placements fall flat; Tusk Energy plans C$31.5 million offering
|
2/23/2005 | CVPP | New Issue: Level 3 releases additional details on $880 million direct placement
|
2/23/2005 | HY | Market Commentary: Level 3 continues climb; Navistar prices upsized 7-year deal
|
2/23/2005 | PP | Market Commentary: Canadians lead private placement volume; Bankers Petroleum plans C$35.65 million deal
|
2/22/2005 | HY | Market Commentary: Level 3 bonds jump on financing news; primary quiet
|
2/22/2005 | PP | Market Commentary: Private placement activity remains mostly light; Level 3 Communications raises $880 million
|
2/22/2005 | CVPP | New Issue: Level 3 secures $880 million in direct placement of convertible notes
|
2/22/2005 | CV | Market Commentary: Level 3 converts rise on private deal; UniSource, Allied Waste deals emerge; Par, Ivax, Teva up
|
2/17/2005 | CV | Market Commentary: BlackRock lifted; Lions Gate rolls out; Sepracor arbs hurt; REITs hit; Royal Caribbean call risk allayed
|
2/15/2005 | CV | Market Commentary: Sybase slightly over par in gray market; Saks up on Circuit City buyout news; Amkor, Primus up
|
2/14/2005 | CV | Market Commentary: Verizon issue quiet on MCI deal; Juniper, Powerwave, Corning off while Lucent gains amid merger noise
|
2/11/2005 | CV | Market Commentary: Huntsman climbs out of the chute; Level 3, Charter higher on buying; Primus Tel drops, Saks cheapens
|
2/10/2005 | CV | Market Commentary: Guitar holders like acquisition; Coltec up; Protein Design seen re-priced, trades light at 98
|
2/9/2005 | HY | Market Commentary: HydroChem, Mercer price deals; Star Gas, Muzak fall sharply
|
2/8/2005 | CV | Market Commentary: Southern Union advances, prices tight; Protein Design Labs seen rich; Level 3, EDS dive on results
|
2/8/2005 | HY | Market Commentary: Valor, Builders FirstSource price upsized deals; Level 3 lower on "uncertain" 2005 outlook
|
2/8/2005 | BKCVHY | Level 3 warns of uncertain '05 outlook but says liquidity "healthy," company welcomes industry consolidation
|
1/25/2005 | CV | Market Commentary: Rite Aid trades up 0.25 point in gray market; Beverly Enterprises takeover chatter squeezes hedgies
|
1/19/2005 | HY | Market Commentary: Leslie's Pool Mart, Del Labs deals price; airlines little changed despite AMR, Northwest losses
|
1/13/2005 | HY | Market Commentary: Warner Chilcott prices smaller deal; auto names lower on GM warning; funds see $265 million outflow
|
1/12/2005 | CV | Market Commentary: Level 3 higher on job cuts; CenturyTel off; Kodak up; Advanced Micro rebounds
|
1/12/2005 | HY | Market Commentary: Hollywood bonds up on tender offer prospects; Rayovac, Mercer, Edgen line up roadshows
|
1/12/2005 | BKCVHY | Level 3 cuts jobs, reaffirms guidance; touts impact of fourth-quarter debt transactions
|
1/10/2005 | DD | Market Commentary: Delta bonds lead airlines lower; Adelphia eases; Mirant debt lower
|
1/3/2005 | CV | Market Commentary: Fannie Mae convertible steady; Sallie Mae's floater rises; techs open New Year lower
|
12/3/2004 | BKCVDDHY | S&P cuts Level 3 Communications to default
|
12/3/2004 | HY | Market Commentary: Huntsman, Fairfax lead new-deal parade; Amkor up on favorable court ruling
|
12/2/2004 | HY | Market Commentary: Universal City sells two-parter; Pathmark firms on chance of sale; funds see $186 million outflow
|
12/2/2004 | HY | Level 3 completes tender offers for 2008 notes, accepts $1.105 billion for purchase
|
12/2/2004 | BK | Market Commentary: NTL dips on asset sale news as investors fear paydown; Charter active at firmer levels
|
12/2/2004 | CV | Level 3 greenshoe exercised, raising convertibles to $345 million
|
11/22/2004 | CV | Market Commentary: Kodak snapped up; Novell easier; Overstock issue gains on holiday outlook; GenCorp off
|
11/19/2004 | BKCVHY | S&P cuts Level 3 notes to CC, rates loan CCC, converts CC
|
11/19/2004 | CV | Market Commentary: Fresh paper flutters in lower session; Sirius rebounds; Continental, airlines easier
|
11/18/2004 | HY | Level 3 tender ups tender for 2008 notes to $1.105 billion, extends deadline
|
11/18/2004 | BK | Market Commentary: Level 3, USA Mobility break; Charter up; Northwest Airlines, Aircast rework sizes and pricing
|
11/18/2004 | BKCVHY | Fitch affirms Level 3
|
11/18/2004 | CV | New Issue: Level 3 sells upsized $320 million convertible at 5.25%, up 20%
|
11/18/2004 | CV | Market Commentary: XM Satellite deal seen at 98.75 but most new issues zoom; Sirius pounded; Williams hit
|
11/18/2004 | HY | Market Commentary: Qwest add-on leads a slew of new deals; Star Gas jumps on unit sale; funds see $73.5 million inflow
|
11/17/2004 | CV | Market Commentary: Charter rises past 105, then eases to 102 bid; Level 3, GenCorp, Overstock at bat
|
11/16/2004 | BK | Market Commentary: Thomson, Affinia cut B loan pricing; General Growth breaks amid flurry of trading
|
11/16/2004 | BKCVDDHY | Moody's rates Level 3 loan B3, convert Ca, ups notes to Caa1
|
11/16/2004 | BKCVDDHY | Fitch rates Level 3 loan B-
|
11/16/2004 | CV | Market Commentary: Six Flags zooms out of chute; Charter bid at issue, Level 3 quiet; GenCorp talk emerges
|
11/15/2004 | BK | Market Commentary: El Paso reworks deal to add institutional letter-of-credit facility, change sizes, cut pricing
|
11/15/2004 | CV | Market Commentary: Charter deal priced to sell, 5.75s climb to 99.5; Six Flags, Overstock.com deals emerge
|
11/15/2004 | HY | Market Commentary: Barrage of drive-by deals pushes day's issuance to $1.29 billion; Delta moves up
|
11/15/2004 | HY | Level 3 tenders for 2008 notes oversubscribed with more than $1.1 billion tendered
|
11/12/2004 | CV | Level 3 Communications $200 million convertibles talked at 5.0%-5.5%, up 17.5%-22.5%
|
11/12/2004 | CV | Market Commentary: Level 3 emerges; FuelCell hovers at par; Nortel dumped for Lucent; Delta gains ground
|
11/12/2004 | BK | Level 3 $450 million term loan to launch Monday
|
11/3/2004 | BKCVHY | S&P cuts Level 3 Communications notes to C
|
11/3/2004 | HY | Market Commentary: Auto sector bonds seen better; Level 3 retreats; talk out on Rockwood deal
|
11/2/2004 | BK | Level 3 contemplates $400 million credit facility in connection with tender offers
|
11/1/2004 | HY | Market Commentary: Level 3 bonds rise on buyback scheme; L-3 sells upsized quickie deal
|
10/29/2004 | HY | Level 3 tenders for $450 million of notes
|
10/27/2004 | HY | Market Commentary: Level 3 bonds fall on weak quarterly numbers; National Mentor prices 8-year deal
|
10/26/2004 | HY | Market Commentary: AK Steel up on strong earnings, bond-call plans; Dobson prices upsized $825 million
|
10/13/2004 | HY | Market Commentary: Amkor bonds bounce despite downgrade news; Boise Cascade revamps deal; Corus sells euro add-on
|
10/12/2004 | CV | Market Commentary: Apex Silver hovers around par; Amkor firms as bids hit; NPS Pharma, biotechs suffer
|
9/30/2004 | BKCVDDHY | Fitch rates Level 3 senior debt CCC
|
8/24/2004 | CV | Market Commentary: Reliant gains on switching out of Calpine; CenterPoint easier; Delta better; ViroPharma gains
|
8/12/2004 | HY | Market Commentary: C&A, Qwest, three others price; Hanger bounces off lows; funds see $91 million outflow
|
7/8/2004 | HY | Market Commentary: Horizon PCS, Star Gas price deals; Collins & Aikman continues climb; funds see $440 million inflow
|
7/7/2004 | HY | Market Commentary: Forest Oil prices; Chrysler contract drives Collins & Aikman upward
|
7/6/2004 | HY | Market Commentary: AK Steel gains jumps on optimistic forecast; Jean Coutu plans mega-deal to fund purchase of Eckerd
|
6/9/2004 | HY | Market Commentary: Beverly bonds gain on tender offer; Stater, Swift Energy and Cadmus price
|
6/8/2004 | HY | Market Commentary: Bally firmer as reforms proposed; Abitibi-Consolidated shops two-part deal
|
6/7/2004 | HY | Market Commentary: Mandalay bonds off on MGM Mirage offer; Huntsman sets deal
|
6/2/2004 | HY | Market Commentary: Pegasus bonds gyrate wildly; E*Trade deal prices, Celanese mega-deal drops dollar-tranche
|
5/21/2004 | HY | Market Commentary: Muted market response to near-$1 billion outflow; LIN TV firms on sale buzz
|
5/10/2004 | HY | Market Commentary: "Ugly day," as market follows stocks down; Charter, Cablevision, Bally Fitness lower
|
5/7/2004 | HY | Market Commentary: Rhodia, LBC, ONO price deals; Collins & Aikman falls as company scrubs offering; lower on rate fears
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5/6/2004 | HY | Market Commentary: American Real Estate, Polypore, Cognis price; Calpine leads utilities lower; funds see $206 million outflow
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4/29/2004 | HY | Market Commentary: Bally's bonds swoon on SEC probe, CFO exit; Triad prices; funds see $246 million outflow
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4/29/2004 | CVHY | Level 3 loss widens; sees debt reduction in wake of Allegiance termination
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4/28/2004 | HY | Market Commentary: Nortel notes fall as company axes CEO, CFO; Giant prices 10-year deal
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4/27/2004 | DD | Market Commentary: Trico Marine bonds trade flat as restructuring looms; Leap loans continue rise
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4/26/2004 | HY | Market Commentary: Waste Services sells notes; Regal scrubs deal; Cincinnati Bell lower
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4/22/2004 | HY | Rhodia to start roadshow Friday in Europe for €625 million equivalent offering
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4/21/2004 | HY | Market Commentary: CHC Helicopter prices deal; Level 3 Continues to ease
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4/20/2004 | HY | Market Commentary: Charter brings $1.5 billion mega-deal, Premcor also prices; Lucent gains on results
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4/20/2004 | CV | Market Commentary: Sellers emerge; Charter weaker on junk deal; Lucent leads telecom paper sharply lower
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4/6/2004 | HY | Market Commentary: Williams, Vicorp price; calendar keeps building as Allied Waste plans $650 million deal
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3/10/2004 | CV | Market Commentary: Level 3 falls on Global Crossing meltdown; Marriott offered at par in gray market; biotechs plummet
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2/25/2004 | CV | Market Commentary: Level 3 gains 2 points on massive credit spread blowout; Adelphia whipsaws, ends in 40s
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2/25/2004 | HY | Market Commentary: Nortek floaters, iStar preferreds price; Adelphia gyrates as plan filed
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2/23/2004 | HY | Market Commentary: Calpine confusion roils primary, sends bonds lower in secondary
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2/6/2004 | CV | Market Commentary: EDS slides on Navy contract write-off; Pegasus plunges 25 points as DirecTV talks end
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2/5/2004 | CV | Market Commentary: AGCO plowed under on SEC inquiry; Level 3 leveled on dim outlook; three deals at bat
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2/5/2004 | DD | Market Commentary: Calpine bank debt lower; Winn-Dixie firmer again
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2/5/2004 | HY | Market Commentary: Argosy, upsized Ply Gem price; Level 3 dives on outlook; funds break streak, lose $1.57 billion
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2/3/2004 | HY | Market Commentary: Forest City prices deal, Time-Warner Telecom hitting road; Playtex off again
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1/12/2004 | HY | Market Commentary: Telemig prices upsized deal; Goodyear, Exide seen better
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1/9/2004 | HY | Market Commentary: CSK Auto, CVRD price upsized deals; A&P jumps on smaller-than-expected loss
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1/6/2004 | HY | Market Commentary: D.R. Horton prices drive-by offering; Level 3, El Paso bonds up
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1/5/2004 | HY | Market Commentary: Ready cash pushes market higher in 2004's first full session; Paxson prices $365 million floaters
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12/17/2003 | HY | Market Commentary: NRG Energy, Telenet price upsized mega-deals; Solutia bonds slide on Chapter 11
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11/13/2003 | HY | Market Commentary: Levi tumbles after forecast cut; Mandalay sells eight-year notes; funds see $258 million inflow
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11/11/2003 | CV | Lehman sees Level 3's 2.875% convertible for stock exposure, 6% convertible for credit
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10/27/2003 | HY | Market Commentary: Host Marriott prices upsized quickie deal; Lucent firmer on Verizon contract news
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10/23/2003 | HY | Market Commentary: Lucent gains more on earnings; Tower leads automotive lower; junk funds see $212.3 million inflow
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10/23/2003 | BKCVDDHY | Level 3 to exchange $352 million debt for stock, $208 million 9% convertibles
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10/20/2003 | HY | B of A High Yield Broad Market Index up 0.75%, year-to-date gain increases to 23.22%
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10/7/2003 | HY | Market Commentary: Collins & Aikman, Charter, Adelphia better; Von Hoffman prices add-on
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9/29/2003 | HY | B of A High Yield Broad Market Index up 0.26%, year-to-date gain increases to 20.95%
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9/29/2003 | HY | Market Commentary: Intrawest, B/E Aerospace, Houghton-Mifflin slate deals; Collins & Aikman up on bank loan buzz
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9/26/2003 | HY | Market Commentary: Rayovac, Level 3, O'Sullivan deals price; Rayovac glows, but Level 3 lags
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9/26/2003 | HY | New Issue: Level 3 $500 million eight-year notes yield 103/4%
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9/25/2003 | BKCVDDHY | Moody's upgrades Level 3 senior unsecured, raises outlook, rates notes Caa2
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9/25/2003 | HY | Level 3 $500 million eight-year notes talked at 103/4% area, pricing Friday
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9/25/2003 | HY | Market Commentary: FLEX flexes muscle, bounces back; funds see $153 million inflow
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9/24/2003 | BKCVDDHY | S&P changes Level 3 outlook to developing, notes rated CCC-
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9/24/2003 | HY | Market Commentary: Junk market ignores OPEC output cut; WCI, MetroPCS price deals
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9/23/2003 | CV | Market Commentary: Northrop, L-3 pounded lower as Citi cuts defense stocks; CKE soars 4.5 points in gray market
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9/23/2003 | HY | Market Commentary: Ahold firms on rights issue buzz; Standard Pacific upsizes quickie deal
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9/22/2003 | BK | Level 3 to repay and terminate credit facility with note sale proceeds, cash on hand
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9/22/2003 | HY | Level 3 starts three-day roadshow Tuesday for $500 million eight-year notes
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9/22/2003 | HY | Market Commentary: Level 3 plans deal, bonds higher; Levi lower after Moody's downgrade
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9/10/2003 | CV | Market Commentary: Energy bucks downward trend; overall sentiment positive; telecoms, tech down but Level 3 up
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9/2/2003 | DD | Market Commentary: HealthSouth and WorldCom activity lessens; Level 3 Communications gets boost
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8/28/2003 | HY | Market Commentary: Humongous $3.26 billion inflow set to wow market; HealthSouth up as banks OK coupon payment
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8/25/2003 | HY | Market Commentary: Lucent notes off on news of government probe; Pegasus lower on credit withdrawal
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8/8/2003 | HY | Market Commentary: Three deals price, fourth scrubbed; outflow throws damper over market
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7/30/2003 | HY | Market Commentary: Euramax, Indiana Power price deals; Metris falls on ABS downgrade amid heavy secondary
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7/24/2003 | HY | Market Commentary: Market takes pricing pause, though Ball, Corrections Corp. slate deals; funds see $91.5 million outflow
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7/21/2003 | HY | Market Commentary: Westlake Chemical prices downsized deal; Rural Cellular offering ahead
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7/14/2003 | CV | Market Commentary: Six new deals totaling $690 million on tap for this week; Charter levels off, Tyco up
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7/8/2003 | CV | Level 3 says greenshoe exercised, raising convertibles to $373.75 million
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7/7/2003 | CV | Market Commentary: HealthSouth converts bid up some 20 points on financials; trading sees post-holiday lull
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7/3/2003 | BKCVDDHY | Moody's rates new Level 3 convert Caa3
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7/3/2003 | CV | Market Commentary: Players focus on stocks as volatility spikes on snafu at CBOT; most new paper lower
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7/2/2003 | CV | New Issue: Level 3 sells upsized $325 million convertibles at 2.875%, up 19.07%
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7/2/2003 | CV | Market Commentary: Volatility players emerge with a vengence, picking up mostly new deals with lower premiums
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7/1/2003 | CV | Market Commentary: Broader market softer but new paper from Sina, Fisher higher; Level 3 seen getting upsized
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7/1/2003 | BKCVHY | S&P rates new Level 3 convert CC
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6/30/2003 | CV | Level 3 $250 million convert talked to yield 2.875-3.375%, up 18-22%
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6/30/2003 | CV | Market Commentary: Rush of deals launched ahead of holiday; 4 at bat, another 4 set for Tuesday; Mirant finds support
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6/20/2003 | HY | Market Commentary: Xerox bonds firm after big deal; Levi lower; primary deals hitting road
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6/9/2003 | HY | Market Commentary: CBD Media prices; wireless gains as secondary holds firm tone
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4/29/2003 | HY | Market Commentary: Dynegy gains on better earnings; Owens-Brockway prices upsized two-tranche deal
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4/24/2003 | CV | Market Commentary: Converts mixed as stock rally falters while spreads tighten; new issues mixed as well
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4/24/2003 | DD | Market Commentary: Telecoms gain on AT&T earnings; energy companies still popular; AMR tentatively stable
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4/24/2003 | HY | Market Commentary: Another $951.9 million of cash joins already red-hot market; AES announces launch of $1 billion
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3/28/2003 | HY | Market Commentary: Telecom names gain, other bonds also bid for in wake strong inflows
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3/26/2003 | HY | Market Commentary: Power names gain despite FERC slam; Barney's sells 5-year unit deal
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3/11/2003 | HY | Market Commentary: Airlines retreat on Delta cash flow warning; iStar, Moore price deals; Trump launches offering
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3/10/2003 | HY | Market Commentary: Activity pace ratchets down, with secondary rangebound; Universal City unveils $500 million deal
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2/25/2003 | HY | B of A High Yield Large-Cap Index up 0.64%; year-to-date gain rises to 3.23%
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2/19/2003 | HY | Market Commentary: Fleming firmer again, Lucent gains; Old Evangeline Downs prices upsized 7-year deal
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2/18/2003 | HY | Market Commentary: Fleming firms on store sales, Conoco contract; lodging sector better
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2/10/2003 | HY | Market Commentary: Mandalay Bay scraps new deal; Fleming resumes slide; Mail-Well up on numbers
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2/7/2003 | HY | Market Commentary: Nash Finch languishes on SEC probe; Goodyear stabilizes after slide; Mandalay deal unseen
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2/5/2003 | CV | Wachovia analyst: do not be charmed by Level 3's results
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2/5/2003 | HY | Rite Aid sells bonds; proceeds to redeem '06 notes
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2/4/2003 | HY | Market Commentary: Fleming flounders as Kmart kills contract; TRW mega-deal price talk emerges
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1/27/2003 | HY | Market Commentary: WestPoint Stevens gains on improved guidance; Premcor, Allbritton price talk emerges
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1/16/2003 | HY | Market Commentary: Fleming continues descent; American Media prices, firms in secondary; another big inflow
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1/6/2003 | HY | Market Commentary: Strong session as high-yield market gets back to business, American Media joins calendar
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1/3/2003 | HY | Market Commentary: Junk market closes out dull week, looks to "back to work" scenario; Level 3 to cut debt
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12/23/2002 | HY | B of A High Yield Large-Cap Index up 0.92%; year's loss narrows to 3.41%
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12/10/2002 | HY | B of A High Yield Large-Cap Index posts 8th straight gain, up 0.18%; YTD loss cut to 3.97%
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12/6/2002 | HY | Market Commentary: Lucent, Nortel bonds pull back; Allbritton prices 10-year notes
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12/2/2002 | CV | Level 3 makes opportunistic acquisition with Genuity purchase, but converts lag in market
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12/2/2002 | HY | Market Commentary: UAL bonds gyrate as mechanics throw plans into turmoil; Allegiance Telecom up on debt plans
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11/27/2002 | HY | Market Commentary: UAL bonds firm on cost-cutting progress as market makes early exit
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11/19/2002 | HY | Market Commentary: Charter, Qwest bonds firmer; coveted Rexnord deal prices, trades up smartly
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11/12/2002 | HY | B of A High Yield Large-Cap Index up 3.34% in fourth straight gain
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10/30/2002 | HY | Tenders
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10/29/2002 | HY | B of A High Yield Large-Cap Index up 0.58%, 2nd straight gain; 2002 loss cut to 13.55%
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10/22/2002 | HY | B of A High Yield Large-Cap Index breaks skid, bounces 1.93%; 2002 loss cut to 14.05%
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10/18/2002 | HY | Moody's lowers Panavision's loan, confirms notes
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10/18/2002 | BK | Moody's lowers Panavision's loan, confirms notes
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10/18/2002 | CV | S&P rates AES' new loan, notes at BB
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10/1/2002 | HY | Market Commentary: Stock surge fails to move junk market much
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9/24/2002 | HY | B of A High Yield Large-Cap Index off 1.11%; 2002 loss widens to 9.21%
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8/27/2002 | CV | Market Commentary: Busted market holds firm amid thin trading while stocks slide
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8/27/2002 | HY | S&P cuts Qwest
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8/27/2002 | BK | S&P cuts Qwest
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8/27/2002 | CV | Fitch cuts Interpublic Group
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8/26/2002 | CV | Wachovia analysts: Level 3 may not have enough liquidity through 2003
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8/26/2002 | HY | Market Commentary: QwestDex plans $1 billion bond sale to fund buyout; secondary mostly stilled
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8/23/2002 | BKCVHY | Level 3 amends credit facility, easing covenants, cutting availability, raising rates
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8/6/2002 | BK | S&P cuts Level 3
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8/6/2002 | CV | S&P puts Manpower on negative watch
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8/6/2002 | CV | Market Commentary: Prices, trading volumes gain on short covering, stock bounce
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8/6/2002 | HY | B of A High Yield Large-Cap Index up 0.26% on Sprint, Williams financing
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8/6/2002 | HY | S&P cuts Level 3
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7/31/2002 | HY | Market Commentary: Qwest bonds gyrate on Buffett buzz; Mothers Work sells 8-year bonds
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7/29/2002 | HY | Market Commentary: Charter bonds up on Paul Allen investment speculation; Williams bounces
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7/25/2002 | HY | Level 3 makes its pitch - but will Williams want to play catch?
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7/23/2002 | HY | B of A High Yield Large-Cap Index up 0.40% on Nextel-linked telecom rebound
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7/22/2002 | HY | Market Commentary: Market yawns at WorldCom bankruptcy; Williams Cos. seen headed for junk
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7/18/2002 | HY | Market Commentary: WorldCom said close to bankruptcy filing; NCI Building slates add-on deal
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7/16/2002 | HY | B of A High Yield Large-Cap Index up 0.65% on Level 3-linked telecom rebound
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7/16/2002 | HY | Market Commentary: Nextel bonds rock as earnings roll; Bank Mandiri hitting road with new deal
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7/11/2002 | HY | Market Commentary: Qwest continues to fall in response to probe news; several issuers hitting the road
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7/9/2002 | HY | Market Commentary: Telecoms, cable firmer on cash infusion stories; Mail-Well bonds fall on earnings warning
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7/8/2002 | HY | Market Commentary: Level 3 zooms on Buffett investment news; Swift slates $400 million deal
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7/8/2002 | BK | Market Commentary: Level 3 bank loan bid and offer improve on convertible notes sale announcement
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7/8/2002 | CV | Level 3 gets $500 million cash infusion for acquisitions
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7/8/2002 | CV | Market Commentary: Market idled by stock slump, summer, lack of new issues
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7/3/2002 | HY | Market Commentary: WorldCom stock sizzles but bonds fizzle on IDT offer as market breaks for Fourth
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6/27/2002 | HY | Market Commentary: WorldCom bounces, especially in MCI, Intermedia issues; third straight fund outflow
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6/26/2002 | HY | Market Commentary: WorldCom in freefall on accounting woes, Qwest also off; Lyondell sells 10-year notes
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5/21/2002 | HY | Market Commentary: WorldCom firms, Adelphia steady, as Vegas conference stills market
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5/14/2002 | HY | B of A High Yield Large-Cap Index down 0.35% in week; YTD gain cut to 0.87%
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5/1/2002 | HY | Market Commentary: UCAR, ON Semiconductor price deals; WorldCom slide dominates secondary
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4/26/2002 | BK | Market Commentary: Cable sector dropping while telecommunications are heading up in secondary trading
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4/19/2002 | HY | Market Commentary: Premcor bonds up as IPO finally nears; Service Corp. buried on cemetery problems
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4/15/2002 | HY | B of A High Yield Large-Cap Index up 0.72% in week; YTD swings to 0.53% gain
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4/15/2002 | HY | Market Commentary: Cables rebound, Calpine retreats; Stoneridge to hit road with $200 million issue
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4/9/2002 | HY | B of A High Yield Large-Cap Index up 0.16% in week; YTD loss 0.18%
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4/9/2002 | HY | Market Commentary: Teleglobe falls on chance parent may walk away; Standard Pacific lines up $150 million drive-by
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3/21/2002 | HY | Tenders
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3/19/2002 | HY | Level 3 retires further $195 million of bonds through exchanges for stock and cash
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3/14/2002 | HY | Market Commentary: Kmart hangs in even as takeover talk fizzles; Steel Dynamics sells $200 million issue
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3/6/2002 | HY | Market Commentary: Conseco falls on Moody's warning, CFO exit; Sinclair, Dana price new deals
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2/28/2002 | HY | Market Commentary: Xerox firmer; new Corus, Entercom issues move up in secondary dealings
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2/26/2002 | HY | Market Commentary: Calpine bounces back; Xerox still weak; talk emerges on Entercom, Corus deals
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2/25/2002 | HY | Market Commentary: Williams drops on bankruptcy talk; Level 3 firm; Computer Associates lower again
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2/20/2002 | HY | B of A High Yield Large-Cap Index down 0.18% in week; YTD loss widens to 1.36
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2/11/2002 | HY | B of A High Yield Large-Cap Index down 1.62% in week; YTD gain turns into 1.18% loss; analysts downplay mediocre January
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2/8/2002 | HY | Market Commentary: Calpine, AES firm in quiet trade; market ignores PacGas ruling; UCAR upsizes
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2/7/2002 | HY | Market Commentary: Calpine firms, but AES lower again; near-junkers WorldCom, Tyco better
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2/4/2002 | HY | Williams falls on default fears; Tyco seems to edge toward junk status
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2/1/2002 | CV | Market Commentary: Convertibles flat as stocks stall, new deals wind down
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2/1/2002 | HY | Market Commentary: Eurocablers up on restructuring; Kaiser off on missed coupon; Solectron sells $500 million
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1/31/2002 | HY | Market Commentary: McLeod up on Chapter 11, but Williams keeps sliding; Six Flags, MeriStar sell drive-bys
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1/30/2002 | HY | S&P downgrades Level 3 bonds two notches, still on watch
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1/30/2002 | HY | Market Commentary: Level 3, Williams lead telecom sector lower; Beazer bonds steady on Crossman buy
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1/30/2002 | CV | S&P downgrades Level 3 bonds two notches, still on watch
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1/29/2002 | HY | Market Commentary: Wrong number for telecom investors; Coventry Healthcare brings new deal to market
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1/28/2002 | CV | Market Commentary: Convertibles market preps for new deals, telecoms sink on Global Crossing bankruptcy
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1/10/2002 | HY | Market Commentary: Kmart bonds retreat as retailer warns of softer earnings, notes talks with lenders
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1/3/2002 | CV | Market Commentary: Convertibles gain on tech, telecom buying rush but volume still thin
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12/24/2001 | HY | Market Commentary: Weekend airline bomber incident fails to jolt holiday-bound market
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12/21/2001 | CV | Fitch affirms Williams senior notes at BBB
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12/21/2001 | HY | Moody's downgrades Level 3
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12/10/2001 | HY | Market Commentary: Calpine bonds tumble on worries about Enron similarities; Hollywood up on funding plans
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12/4/2001 | HY | Market Commentary: McLeod bonds up on restructuring plan; Enron continues post-Chapter 11 rebound
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11/27/2001 | HY | Market Commentary: Toll, Nextel Partners deals price; Conseco slides as Enron hangs in
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11/26/2001 | HY | Market Commentary: Enron continues to falter on fears deal may die; Radiologix slates new offering
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11/19/2001 | HY | B of A High Yield Large-Cap Index up 2.26% in week; YTD loss cut to 1.89%
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11/15/2001 | HY | Market Commentary: Upsized deals from Compass Minerals, Allied Waste price; FelCor next; Conseco, Host Marriott firm
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11/14/2001 | CV | Level 3 exchanges $169 million convertibles for equity
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11/14/2001 | HY | Market Commentary: Level 3 gains on BT rumors; Nextel keeps firming; new Vail Resorts deal on slate
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11/6/2001 | HY | Market Commentary: Amer Tower, Global Xing off but others rise after Fed; market awaits Triton PCS deal
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10/31/2001 | CV | Market Commentary: Convertible market bounces with stocks, new deal pricing
|
10/26/2001 | HY | Market Commentary: Loral unit's notes jump on debt-swap plan; Chesapeake sells 7-year bonds
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10/25/2001 | HY | Market Commentary: 2 deals price; Kmart down on report suppliers pressured; Conseco bounce
|
10/24/2001 | HY | Tenders
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10/24/2001 | CV | Tenders
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10/23/2001 | CVHY | Level 3 to pay $720.6 mln in dutch auction tender for $1.713 bln notes
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10/23/2001 | HY | Market Commentary: Level 3 up on completed tender; Xerox easier; 2B rated Petco prices tight
|
10/11/2001 | HY | Market Commentary: Mostly up with stocks; Telemundo firms on NBC buy news; Alaris upsized
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10/10/2001 | HY | Market Commentary: Telecoms up but Level 3 still at low end of tender range; Polaroid off
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10/9/2001 | HY | Market Commentary: Ackerley, Telecorp soar on acquisition news; Alaris $150 mln joins calendar
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10/9/2001 | CVHY | Level 3 raises debt tender to $2.86 bln face amount from $1.5 bln
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10/5/2001 | HY | Market Commentary: Luscar makes it 3 new deals in 3 days; Global Crossing continues slide
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10/4/2001 | HY | Market Commentary: Global Crossing projections a wrong number for market; Fleming prices
|
10/3/2001 | CV | Moody's warns on wireline telecom sector
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10/3/2001 | HY | Moody's warns on wireline telecom sector
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9/25/2001 | CVHY | Level 3 cuts tender offer for debt to $1.5 billion from $1.8 billion
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9/25/2001 | HY | Tenders
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9/21/2001 | HY | Market Commentary: Bounces partly off lows, but airlines, hotels, Finova struggle; Fleming firm
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