3/27/2023 | DD | Market Commentary: SVB, Deutsche Bank paper declines; First Republic up; distressed retail soft, QVC down
|
6/28/2022 | BKCVDDEMIGPV | Market Commentary: Fortress on deck; selling resumes in HY secondary; Michaels volatile; Carnival hits new low
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6/28/2022 | HY | Market Commentary: Fortress on deck; selling resumes in HY secondary; Michaels volatile; Carnival hits new low
|
6/28/2022 | HY | Market Commentary: Morning Commentary: Michaels Stores up post-earnings; junk higher in spotty trading
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4/1/2021 | HYLM | Michaels to redeem $875 million 8%, 4¾% notes due 2027
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3/5/2021 | BKDDHY | Moody’s eyes Michaels for downgrade
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9/18/2020 | BKCVDDEMIGPV | Market Commentary: Consolidated Communications prices; secondary heavy; Michaels, First Quantum, Methanex flat
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9/18/2020 | HY | Market Commentary: Consolidated Communications prices; secondary heavy; Michaels, First Quantum, Methanex flat
|
9/17/2020 | HY | New Issue: Michaels prices downsized $375 million seven-year notes at par to yield 4¾%
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9/17/2020 | BKDDHY | Moody’s gives Michaels notes Ba3
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5/13/2020 | BKDDHY | Moody’s nicks Michaels
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3/23/2020 | BK | Michaels Stores draws $600 million under credit facility
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12/11/2019 | HY | Market Commentary: Cox Media on deck; Calpine in focus; Wynn Macau improves; Wyndham Destinations flat
|
12/5/2019 | BKCVDDEMIGPV | Market Commentary: Twitter in focus; Select Medical and Carriage Services add-ons price; Michaels sinks
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12/5/2019 | HY | Market Commentary: Twitter in focus; Select Medical and Carriage Services add-ons price; Clearway up; Michaels sinks
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9/4/2019 | BK | Michaels Stores extends $850 million ABL revolver to 2024
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7/9/2019 | HY | Market Commentary: Morning Commentary: Sinclair/Diamond Sports starts roadshow for $4.875 billion; junk opens unchanged
|
6/24/2019 | HY | Market Commentary: Primary market prices $4.01 billion in seven deals; calendar grows; Michaels, Talen Energy weaken
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6/21/2019 | BKCVDDEMIGPV | Market Commentary: Michaels Stores, Talen Energy price; LSC Communications tanks; Sprint trades down
|
6/21/2019 | HY | Market Commentary: Michaels Stores, Talen Energy price; LSC Communications tanks; Sprint trades down
|
6/21/2019 | HY | New Issue: Michaels Stores sells $500 million eight-year notes at par to yield 8%
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6/21/2019 | HY | Market Commentary: Morning Commentary Talen Energy on tap; pricing, covenant tweaks revive Michaels Stores
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6/20/2019 | BKCVDDEMIGPV | Market Commentary: OWICs abound; Nexstar skyrockets; Avis, Norbord go up; PG&E gains; funds add $602 million
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6/20/2019 | HY | Market Commentary: OWICs abound; Nexstar skyrockets; Avis, Norbord go up; PG&E gains; funds add $602 million
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6/20/2019 | HY | Market Commentary: Morning Commentary: Market advances on easy Fed; Allied Universal brings $1.55 billion
|
6/19/2019 | BKCVDDEMIGPV | Market Commentary: Nexstar, Avis, Norbord price; Hexion, Michaels, Alpha Auto, Avon add-on on tap
|
6/19/2019 | HY | Market Commentary: Nexstar, Avis, Norbord price; Hexion, Michaels, Alpha Auto, Avon add-on on tap; new paper in focus, gains
|
6/17/2019 | BKCVDDEMIGPV | Market Commentary: Multi-Color delayed; DriveTime, Michaels Stores, Sirius Computer on tap; Sprint in focus
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6/17/2019 | HY | Market Commentary: Multi-Color delayed; DriveTime, Michaels Stores, Sirius Computer on tap; Sprint in focus; Dish gains
|
6/17/2019 | BKHY | Moody's rates Michaels notes B1
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6/17/2019 | HYLM | Michaels Stores eyes calling 5 7/8% subordinated notes due 2020
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6/17/2019 | HY | Michaels Stores starts roadshow for $500 million eight-year notes
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5/22/2018 | BK | Michaels Stores wraps $2.23 billion term B at Libor plus 250 bps
|
5/15/2018 | BK | Michaels Stores shops $2.23 billion term B at Libor plus 225-250 bps
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7/18/2017 | BKHY | Moody’s rates Michaels Stores Ba2
|
3/7/2017 | BK | Market Commentary: XPO frees to trade; Community Health reacts to paydown plans; Michaels up with numbers
|
3/7/2017 | CLHY | Market Commentary: XPO frees to trade; Community Health reacts to paydown plans; Michaels up with numbers
|
9/23/2016 | CLHY | Market Commentary: American Builders, ON Semiconductor, Michaels Stores, Air Canada, Orion, DTI Holdco break
|
9/23/2016 | BK | Market Commentary: American Builders, ON Semiconductor, Michaels Stores, Air Canada, Orion, DTI Holdco break
|
9/15/2016 | CLHY | Market Commentary: Ineos Styrolution, Golden Nugget break; IP&S, Smart & Final, HD Supply revisions emerge
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9/15/2016 | BK | Market Commentary: Ineos Styrolution, Golden Nugget break; IP&S, Smart & Final, HD Supply revisions emerge
|
9/15/2016 | BK | Michaels Stores to launch $2.27 billion term loan B-1 on Friday
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7/15/2016 | BKHY | Moody’s upgrades Michaels
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5/27/2016 | BK | Michaels Stores gets $850 million amended, restated secured revolver
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7/21/2015 | BKHY | Moody's upgrades Michaels
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8/29/2014 | BKHY | Moody’s upgrades Michaels, notes
|
6/9/2014 | HY | Market Commentary: Gibson Energy add-on prices; iStar, Gates Global, Chesapeake oilfield services unit slate deals
|
6/6/2014 | HY | Market Commentary: Upsized, restructured DFC prices to cap $3.9 billion week, new bonds gain; Cascades treads water
|
6/6/2014 | BK | Michaels Stores prices $850 million term loan at Libor plus 300 bps
|
6/6/2014 | BK | Market Commentary: Extended Stay, Ameriforge trade up; Peak 10 tightens pricing; big bid remains despite outflow
|
6/5/2014 | BKCVDDEMIGPV | Market Commentary: Ardagh, Cascades price dual-currency deals; Sprint Nextel better; funds gain $302 million
|
6/5/2014 | HY | Market Commentary: Ardagh, Cascades price dual-currency deals; Sprint up on merger talk; funds gain $302 million
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6/5/2014 | BK | Market Commentary: ION, Polymer, Ryman price; Seadrill brings $1 billion; loan funds see $1.1 billion outflows
|
6/5/2014 | HY | New Issue: Michaels Stores prices $250 million tap of 5 7/8% notes at 102 to yield 5.505%
|
6/5/2014 | BKDDHY | S&P: Michaels unchanged
|
6/5/2014 | BKHY | Moody’s rates Michaels loan Ba3
|
6/5/2014 | BK | Michaels Stores moves up deadline for $850 million term loan to Friday
|
6/4/2014 | BKHY | S&P lowers Michaels debt, rates new loan B+
|
6/3/2014 | BK | Michaels Stores launches $850 million term loan at Libor plus 300 bps
|
6/3/2014 | BK | Market Commentary: Encompass Digital breaks; Long Term Care finalizes spread; Peak 10 accelerates deadline
|
6/2/2014 | BK | Michaels Stores to launch $850 million term loan on Tuesday
|
6/2/2014 | BK | Market Commentary: Michaels Stores slides on incremental loan news; ION, Compass Diversified, Curo revise deals
|
1/15/2014 | HY | High-yield bond covenant quality improves in December, Moody's says
|
12/18/2013 | HY | Market Commentary: Midday Commentary: Two high-yield bond deals on deck for Wednesday as primary winds down
|
12/18/2013 | HY | Market Commentary: Darling prices, delayed Global Ship Lease next; market firms on Fed; Toys tumbles on numbers
|
12/17/2013 | BKDDHY | Moody's rates Michaels notes Caa1
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12/17/2013 | HY | Market Commentary: Junk primary falls silent, though Darling on tap; new MGM trades actively; Frontier falls
|
12/16/2013 | HYLM | Michaels Stores to redeem $255 million 11 3/8% notes via new issue
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12/16/2013 | BKDDHY | S&P rates Michaels Stores notes CCC+
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12/16/2013 | HY | Michaels Stores pricing $260 million senior subordinated notes Monday
|
12/16/2013 | HY | New Issue: Michaels Stores sells $260 million 5 7/8% senior subordinated notes due 2020 at par
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12/16/2013 | HY | Market Commentary: Upsized First Data deal, MGM lead busy drive-by parade; new Halcon, CTP issues post gains
|
8/13/2013 | DDHY | Moody's: Covenant quality falls slightly in July for high-yield bonds
|
7/29/2013 | HY | Market Commentary: Sirius XM Radio, Icahn, Tesoro Logistics lead $2 billion session as market awaits Fed
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7/25/2013 | BKDDHY | S&P: Michaels Stores unchanged after add-on
|
7/25/2013 | HY | Market Commentary: CIT Group, Parker Drilling, Woodside Homes, Atlas Resource price; funds jump by $3.3 billion
|
7/24/2013 | BKHY | S&P rates Michaels notes CCC+, view cut to stable
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7/24/2013 | HY | Michaels Stores plans $700 million five-year PIK toggle notes in Wednesday drive-by
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7/24/2013 | HY | Michaels Stores' toggle notes price with weakest covenant protection in retail sector: Moody's
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7/24/2013 | HY | New Issue: Michaels prices upsized $800 million five-year PIK toggle notes at par to yield 71/2%
|
7/24/2013 | HY | Market Commentary: Upsized Michaels, Gannett, Gibson price; busy Thursday on tap; Chemtura, Schaeffler slip
|
7/24/2013 | BKDDHY | Moody's rates Michaels notes Caa1
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1/29/2013 | HYLM | Michaels calls $137 million 11 3/8% subordinated notes due 2016
|
1/24/2013 | BK | Market Commentary: Walter, Michaels break; Del Monte dips on refi; VWR slides; DigitalgGlobe, Ocwen reworked
|
1/23/2013 | BK | Michaels Stores' $1.64 billion loan spread cut to Libor plus 275 bps
|
1/23/2013 | BK | Market Commentary: Bombardier frees up; Nine, Tesoro, Apex, Bright Horizons, Michaels, Cole, Nuveen tweak deals
|
1/18/2013 | BKHY | Moody's rates Michaels loan B1
|
1/17/2013 | BKDDHY | S&P rates Michaels loan BB-, upgrades notes
|
1/17/2013 | BK | Michaels Stores launches $1.64 billion loan at Libor plus 300-325 bps
|
1/17/2013 | BK | Market Commentary: Dupont, Laureate break; Cole Haan moves deadline; Ameriforge, Capital Safety, Renfro revised
|
1/15/2013 | BK | Michaels Stores to launch $1.64 billion term loan on Thursday
|
1/15/2013 | BK | Market Commentary: BWAY breaks; Dex, SuperMedia bank debt higher; Dupont, Laureate, NFR Energy revise deals
|
11/2/2012 | HYLM | Michaels announces full $180 million redemption of 13% discount notes
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10/5/2012 | BKDDHY | Moody's ups Michaels notes
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9/21/2012 | BKHY | Moody's: Michaels notes B3
|
9/20/2012 | HY | Market Commentary: Valeant, Rockwood mega-deals pace nearly $6 billion session; funds post $1.36 billion gain
|
9/20/2012 | HY | Michaels Stores plans $200 million add-on to 73/4% notes due 2018
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9/20/2012 | HY | New Issue: Michaels Stores prices $200 million tap of 73/4% notes due 2018 at 106.5 to yield 6.005%
|
8/23/2012 | BKHY | Michaels cuts debt by $163 million, has $627 million of availability
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4/12/2012 | BKDDHY | S&P upgrades Michaels
|
4/3/2012 | BKDDHY | Moody's ups Michaels' CFR
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3/30/2012 | HYLM | Michaels Stores to redeem 13%, 11 3/8% notes using proceeds from IPO
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12/9/2011 | BK | Michaels Stores upsizes extended term loan B-3 to $575 million
|
12/9/2011 | BK | Market Commentary: Fidelity, Michaels Stores, NPC, Ocwen break; Valeant tweaks deal; 99 Cents shutting early
|
12/8/2011 | BK | Michaels Stores narrows down pricing on term loan extension offer
|
12/8/2011 | BK | Market Commentary: Barrington breaks; SuperMedia dips; Fidelity National ups deadline; Michaels updates talk
|
12/8/2011 | BKHY | Moody's: Michaels unchanged
|
12/5/2011 | BK | Michaels Stores looks to amend and extend $400 million of loans
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12/5/2011 | BK | Market Commentary: Roundy's rises with IPO news; NPC shutting early; Alere reworks deal; High Liner sets talk
|
11/18/2011 | HYLM | Michaels Stores repurchases $25 million of notes in third quarter
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8/31/2011 | BK | Market Commentary: Federal-Mogul, Michaels Stores better in positive secondary; Flexera Software plans surface
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8/25/2011 | HYLM | Michael Stores buys back $31 million 13% discount notes in quarter
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5/26/2011 | HYLM | Michaels Stores repurchases $115 million of 13% discount notes
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5/19/2011 | BKHY | Moody's: Michaels unchanged
|
4/6/2011 | BKHY | S&P ups Michaels to positive
|
3/25/2011 | BKDDHY | Moody's ups Michaels liquidity rating to SGL-1
|
2/17/2011 | BK | Michaels Stores pays down $50 million of senior term loan borrowings
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2/17/2011 | BK | Market Commentary: Dunkin', BWAY break; Michaels Stores softens; Cumulus, CMP, Citadel move on merger buzz
|
10/21/2010 | HYLM | Michaels gets consents to amend 10% notes, plans to call the remainder
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10/12/2010 | HY | Market Commentary: Primary slate builds with Omnova, Sino-Forest deals; Fortescue hops while J.C. Penney flops
|
10/8/2010 | HY | Market Commentary: Pricing parade pauses, but Clearwater, European deals slate; pre-holiday market firm, quiet
|
10/8/2010 | BKDDHY | S&P upgrades Michaels loans, rates notes CCC
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10/7/2010 | DD | Market Commentary: Distressed debt holds its ground; Michaels steady, launches new issue; WaMu files amended plan
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10/7/2010 | HY | New Issue: Michaels Stores sells upsized $800 million 73/4% eight-year notes to yield 7 7/8%
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10/7/2010 | HY | Market Commentary: Avis, Cincinnati Bell, Michaels lead $2.5 billion day, Europe active, funds up $366 million
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10/6/2010 | BKHY | Moody's rates Michaels bonds Caa1
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10/6/2010 | HYLM | Michaels begins tender offer, consent solicitation for 10% notes
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10/6/2010 | DD | Market Commentary: Distressed market ends firm; Michaels tender news drives active trading; Lehman paper steady
|
10/6/2010 | HY | Michaels Stores to sell $750 million seven-year notes to fund tender
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10/6/2010 | HY | Market Commentary: Reynolds behemoth, DineEquity, Navios price, new debt up solidly; Alta Mesa next; market firm
|
10/6/2010 | BK | Michaels Stores cancels $202 million non-extended revolver commitments
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10/6/2010 | HY | Market Commentary: Reynolds behemoth, DineEquity, Navios price, new debt up solidly; Alta Mesa next; market firm
|
6/7/2010 | BK | Market Commentary: Michaels Stores rises with upgrade; Citgo may upsize loan; IMG, Styron, Canwest tweak deals
|
6/7/2010 | BKDDHY | Moody's lifts Michaels
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5/28/2010 | DD | Market Commentary: Michaels firms post-earnings; Blockbuster up; International Lease debt heads higher; ATP slips
|
5/28/2010 | HY | Market Commentary: Toys 'R' Us firms on IPO plan, ATP off again, junk mostly quiet in holiday-shortened session
|
5/26/2010 | DD | Market Commentary: AIG firms on CEO comments; First Data debt recoups losses; Rite Aid notes end up with market
|
4/12/2010 | DD | Market Commentary: Ambac Financial bonds boosted by higher income; Harrah's notes hit new high; Dynegy debt falls
|
4/7/2010 | DD | Market Commentary: GM dips post-numbers; Clear Channel trades active; retail, gaming mixed; Lyondell notes slip
|
2/19/2010 | BK | Michaels Stores amends to push out maturity of asset-based revolver
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2/9/2010 | DD | Market Commentary: Blockbuster pressured by executive departures; Claire's unresponsive; Hawker up despite sales
|
2/4/2010 | DD | Market Commentary: Bon-Ton gets boost from sales; Harry & David may improve on numbers; MGM debt steady to softer
|
12/15/2009 | DD | Market Commentary: Lyondell Chemical under pressure; Hawker Beechcraft takes nosedive; Clear Channel still churns
|
12/2/2009 | BK | Market Commentary: Nalco firms pricing, breaks; Pinnacle Foods sets launch, size and talk; Freescale strong
|
12/2/2009 | DD | Market Commentary: GM notes stable after CEO exit; Clear Channel continues to move; Michaels profit boosts bonds
|
11/6/2009 | BKHY | S&P affirms Michaels
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10/29/2009 | BK | Michaels gets OK on amendment and $1 billion term loan extension
|
10/29/2009 | BK | Market Commentary: Universal Orlando tweaks deal; Hub sets pricing, breaks; NRG Energy, Federal-Mogul slide
|
10/29/2009 | DD | Market Commentary: Rite Aid, Michael's hold own; Chemtura steady post-numbers; CIT investors await tender results
|
10/28/2009 | BK | Market Commentary: GenTek, Language Line break; Level 3, Ashland dip; Busch launches; Universal Orlando overfills
|
10/27/2009 | BK | Michaels boosts pricing on extended term loan B to Libor plus 450 bps
|
10/27/2009 | BK | Market Commentary: Reynolds upsizes, trims pricing; Michaels ups pricing; Celanese, Harrah's slide with earnings
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10/27/2009 | BKDDHY | Moody's assigns Michaels loan B3
|
10/21/2009 | DD | Market Commentary: CIT follows market trend, ends sideways; Michael's shrugs off loan extension; Rite Aid loan up
|
10/21/2009 | BK | Michaels Stores seeks to extend $1 billion term loan B debt to 2016
|
10/1/2009 | DD | Market Commentary: CIT unchanged to lower; Ford, GM softer on sales; Six Flags bucks the trend; FairPoint weaker
|
10/1/2009 | HY | Market Commentary: Junk pressured by stocks; Tops prices; CIT level to down; Ford, GM off on sales; funds add $22.6 million
|
9/11/2009 | DD | Market Commentary: Rite Aid, Neiman boosted; Claire's debt stronger; First Data loan improves; Freescale runs up
|
9/9/2009 | DD | Market Commentary: Freescale improves on news; Neiman steady to better on numbers; Hunstman shrugs off debt issue
|
8/28/2009 | HY | Market Commentary: AIG, Michaels, Kodak continue climbing; refiners, metals better; nothing seen in new issues
|
8/26/2009 | DD | Market Commentary: Isle iffy on numbers; Nortek unfazed by downgrade; Tribune holds steady; Idearc remains active
|
8/26/2009 | HY | Market Commentary: Kodak, Smurfit among gainers, Isle of Capri off on numbers; primary set for September surge
|
8/26/2009 | BK | Market Commentary: SugarHouse expecting to allocate soon; Michaels Stores widens; TXU, First Data up with market
|
8/26/2009 | BKBWHY | Michaels Stores says loan amendment executed to increase flexibility
|
8/25/2009 | BK | Market Commentary: West, Jarden extended loans trading; Michaels softens; Warner Chilcott outlines structure
|
8/25/2009 | DD | Market Commentary: Michaels Stores return to profit helps bonds, but loans weaker; Sallie Mae uncertainty looms
|
8/25/2009 | HY | Market Commentary: Michaels up on numbers, CIT active as broad market quiet; Warner Chilcott details bond plans
|
8/18/2009 | BK | Market Commentary: American Axle up on GM agreement; Jarden lifts fee; West extends deadline; SugarHouse overfills
|
7/17/2009 | DD | Market Commentary: CIT troubles mount but its bonds rally; retailers shrug off CIT woes, with some trading higher
|
6/17/2009 | HY | Market Commentary: Terremark, Paetec, RailAmerica price deals, Quicksilver slates; E*Trade excels on debt plan
|
6/16/2009 | HY | Market Commentary: Cinemark, Limited Brands price deals; Paetec, Real Mex hit the road; overall market easier
|
6/12/2009 | DD | Market Commentary: Claire's Stores' debt turns positive on narrowed loss; GM bonds end higher after CDS auction
|
6/8/2009 | HY | Market Commentary: Rite Aid, Clearwater price; new Holly bonds higher while Western waffles; Sallie Mae soars
|
6/5/2009 | HY | Market Commentary: Re-tooled Western prices, Holly too; Thursday deals trade up; Michaels rises again, Cott adds
|
6/4/2009 | DD | Market Commentary: Michaels jumps on numbers; NXP stirs on tender offer news; Visteon notes unfazed by Ford news
|
6/4/2009 | HY | Market Commentary: Upsized Mariner, U.S. Oncology price; junk tone softer; Michaels up on results; funds jump $918 million
|
6/3/2009 | BK | Market Commentary: Michaels up with numbers; Clear Channel, Ford soften after run-ups; Lear steadies; LCDX dips
|
6/3/2009 | DD | Market Commentary: Hovnanian higher on narrowed loss; Nortel slips; GMAC ends mixed; Clear Channel gives up gains
|
5/8/2009 | DD | Market Commentary: AIG bonds gain after posting narrower loss; Neiman slips on sales; Avis loan drives higher again
|
4/9/2009 | DD | Market Commentary: Freescale jumps on asset sale news; retailers moving higher; Ford racks up gains, GM retreats again
|
4/9/2009 | HY | Market Commentary: Textron gains on sale rumors; Freescale jumps on asset sale news; retailers better; funds draw $680.8 million
|
4/8/2009 | BK | Market Commentary: Biomet up with sales numbers; GM, Visteon bid higher; cash rally continues; TNS readies allocations
|
3/27/2009 | DD | Market Commentary: MGM debt structure gyrates on CityCenter news; Charter files, debt gains ground; GM bonds mixed
|
3/27/2009 | BK | Market Commentary: Charter rises on filing; Michaels slides with downgrade; MGM Mirage falls; LCDX dips
|
3/27/2009 | BKDDHY | Moody's downgrades Michaels
|
3/10/2009 | BK | Market Commentary: Michaels Stores rises after earnings; Allison dips with downgrade; LCDX follows stocks up
|
3/10/2009 | DD | Market Commentary: Casinos stronger despite poor revenue numbers; Motorola, Sprint firm; Six Flags widens loss, bonds mixed
|
1/14/2009 | BK | Market Commentary: Masonite plummets following call; OSI, Claire's, Michaels down with market; GM, Ford dip continues
|
1/14/2009 | DD | Market Commentary: Nortel bonds drop; Freescale slips on cost cuts; retail, casino sectors fall; Masonite debt lower
|
12/3/2008 | DD | Market Commentary: Freeport bonds active, lower; Isle of Capri gains despite numbers; Ford, GM steady; retailers firm
|
12/3/2008 | HY | Market Commentary: Freeport freaks out investors; auto finance names gain; Constellation shines on planned debt-cutting
|
11/25/2008 | DD | Market Commentary: VeraSun weaker on buyout bid; Realogy under pressure on debt swap objection; Sprint trades actively
|
11/21/2008 | DD | Market Commentary: Rite Aid bonds holding steady; GM, GMAC paper mostly unchanged; Tropicana, Law Vegas Sands quiet
|
11/19/2008 | BK | Market Commentary: Sabre, Burlington nosedive; GM, Ford still underperforming; Cash continues to tumble; LCDX dips
|
11/19/2008 | DD | Market Commentary: Automakers sink as bailout hope dims; Thornburg little affected by default; Sabre, Burlington slip
|
11/18/2008 | DD | Market Commentary: Harrah's slides on downgrade; GM, Ford decline as companies beg for cash; Masonite quiet after call
|
11/13/2008 | BK | Market Commentary: Global Tel*Link delays launch; Hanesbrands pulls amendment request; Las Vegas Sands retreats
|
11/13/2008 | DD | Market Commentary: Nortel slide continues on bankruptcy buzz; retail rout continues; Las Vegas Sands bank paper off
|
11/6/2008 | DD | Market Commentary: Neiman sales, bonds decline; Las Vegas Sands falls on covenant warning; numbers weigh on Hertz
|
10/22/2008 | BK | Market Commentary: LCDX eases but cash gain as market moves counter to stocks; Simmons offers big concessions for relief
|
10/20/2008 | DD | Market Commentary: GM structure gains ground; US Airways loan up; retailers rebound; Station debt steady on rating watch
|
10/15/2008 | BK | Michaels Stores draws $120 million on revolver
|
10/15/2008 | DD | Market Commentary: Retailers fall on weaker sales; Ford, GM softer; casinos pare gains; broad market reverses course
|
10/15/2008 | HY | Market Commentary: Disappointing retail data hurts retailers; Ford, GM lower; Hertz continues decline; Brocade joins calendar
|
10/10/2008 | DD | Market Commentary: Lehman Brothers notes rally after credit default swap auction; Hertz bonds hit by tourism, auto woes
|
10/2/2008 | DD | Market Commentary: NXP paper weaker; Dana, Calpine follow the crowd, drawing down; Six Flags dives; Tropicana notes up
|
9/25/2008 | DD | Market Commentary: Pilgrim's Pride dives on compliance issues; Rite Aid paper slips on earnings, downgrade; GM lower
|
9/25/2008 | HY | Market Commentary: Pilgrim's Pride's wings clipped; more WaMu weakness; Rite Aid Q2 a bitter pill; funds out $277 million
|
9/16/2008 | BKHY | Moody's lowers Michael Stores
|
9/2/2008 | DD | Market Commentary: Linens n'Things, Burlington Coat Factory debt slips; NXP bonds improve despite ratings downgrade
|
8/28/2008 | BK | Market Commentary: Masonite slides on numbers; Michaels recoups some losses; LCDX continues to rise with stocks
|
8/28/2008 | DD | Market Commentary: Masonite bonds, loan soften; Portola files bankruptcy, bonds steady; Michael's Stores loan gains
|
8/27/2008 | BK | Market Commentary: Hudson Products frees to trade; Michaels Stores falls on earnings; LCDX up with equities
|
8/27/2008 | DD | Market Commentary: Michael's, Jo-Ann release financials; Phonebook publishers post gains; Isle of Capri debt firms
|
8/27/2008 | HY | Market Commentary: IKON jumps on Ricoh buyout news; Quiksilver gains on asset sale; Michaels Stores slides after numbers
|
8/15/2008 | DD | Market Commentary: OSI earnings pressure debt; Mrs. Fields eyes pre-packaged Chapter 11; Retailers climb on data
|
7/16/2008 | DD | Market Commentary: Investors buoy GM, GMAC; No relief for retailers; Casinos active, mixed; Masonite loan slips
|
7/14/2008 | DD | Market Commentary: Spectrum Brands debt structure hurt by termination of pet products sale; Six Flags bonds pressured
|
7/11/2008 | DD | Market Commentary: Tropicana, Trump losing ground; Fannie, Freddie concerns hurt mortgage sector; Retailers lower
|
7/11/2008 | HY | Market Commentary: Gaming leads 'mesmerized' market lower; energy gains, but not Tesoro; Freescale leads techs down
|
7/10/2008 | DD | Market Commentary: Vegas, Atlantic City numbers bad for casinos; Retailers dip; GM slips despite bankruptcy denials
|
6/16/2008 | DD | Market Commentary: Lower forecast hurts Chiquita bonds; Boyd gains, MGM strains; Idearc notes slip on downgrade
|
5/30/2008 | DD | Market Commentary: Trump unchanged, Greektown dives; Calpine structure mixed; Linens unchanged, Michael's up
|
5/20/2008 | DD | Market Commentary: Visteon announces tender, buoys structure; Retailers mixed; Harrah's notes come off highs
|
5/13/2008 | DD | Market Commentary: Thornburg, Countrywide paper hold steady; Sales report does little to hurt retailers' debt
|
5/12/2008 | DD | Market Commentary: Charter boosted by narrower loss; Delphi steady despite 10-Q; Trump quiets down; Retail weaker
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5/1/2008 | DD | Market Commentary: Sands' results weigh on sector; Visteon, Delphi paper better; Charter up on Comcast numbers
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4/15/2008 | DD | Market Commentary: Linens notes better to unchanged; Blockbuster holding steady; Delphi exit: Not for months
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4/3/2008 | BK | Market Commentary: Delta rises with March traffic results; Hawaiian Telcom slide progresses; Idearc bid dips on downgrade
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4/3/2008 | DD | Market Commentary: AbitibiBowater paper weaker; Distressed autosphere mixed; Idearc loan softer, bonds firmer
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3/24/2008 | BKHY | S&P cuts Michaels Stores to stable
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3/19/2008 | BK | Market Commentary: Ford, GM down, Chrysler up; Consumer names fall; LCDX rollercoasters; Venture Transport sets launch
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3/19/2008 | DD | Market Commentary: Thornburg bonds gain, give back; AbitibiBowater up; Consumer-driven sector sees weaker bank debt
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3/18/2008 | DD | Market Commentary: Margin call freeze boosts Thornburg; AbitibiBowater continues to slide; Merisant up on refi news
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3/18/2008 | HY | Market Commentary: Thornburg up sharply on margin-call news; Michaels moves around; Ainsworth pulls secured notes deal
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3/13/2008 | BK | Market Commentary: Foamex rise continues; Cumulus trades up; Retail sector under pressure; Abitibi, CB Richard talk emerges
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2/15/2008 | DD | Market Commentary: Quality Distribution notes dive; Level 3 hurt by numbers, downgrade; Retailers holding steady
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2/14/2008 | DD | Market Commentary: Tropicana fights for its rights; Vertis slips; Primus lower despite better 4Q; Standard Pacific dips
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2/4/2008 | HY | Market Commentary: Football hangover stills trading; acquisitive Freescale gyrates; builders, retailers gain; Solutia eases terms
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1/31/2008 | HY | Market Commentary: Freescale firmer after numbers; Ford Credit gets clocked; retailers recover; funds see $78 million outflow
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1/24/2008 | DD | Market Commentary: Buyers step up to Quebecor; Trump, Tropicana better; retailers improve; Sea Containers weaker
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1/18/2008 | HY | Market Commentary: Sealy lower in sleepy session; Countrywide slide continues; MBIA notes still struggling
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1/15/2008 | DD | Market Commentary: Quebecor races against the clock; Retailers mixed on sales report; Delphi bonds weaker
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1/10/2008 | DD | Market Commentary: Buyout talks buoy Countrywide; Retailers better; Buffets quiet; Tropicana bonds boosted
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1/4/2008 | DD | Market Commentary: Buffets begins restructuring; Tousa bank debt dips; Linens' outlook bleak; Delphi driven lower
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11/21/2007 | HY | Market Commentary: ResCap bonds jump on tender offer, sale talk; Georgia Gulf off on plant fire news; IKON plans floater
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10/29/2007 | BKHY | S&P: Michaels outlook positive
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9/28/2007 | BK | Market Commentary: First Data term loan seen stabilizing; LandSource loan up 5 points; LCDX down 0.35
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9/19/2007 | HY | Market Commentary: Upsized R.H. Donnelly deal prices, CompuCom too; housing continues rise, other sectors mostly up also
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6/22/2007 | BK | Market Commentary: Thomson adds covenant; Asurion ups price talk, tweaks terms; secondary softness returns
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6/7/2007 | BK | Market Commentary: Asurion, Petroleum Geo, Resolute Aneth set talk; Hub upsizes, cuts spread; Spirit adds covenants
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5/11/2007 | BK | Market Commentary: Solera, Michaels break; Movie Gallery dips on numbers; H3C flexes up; NuVox upsizes, trims spread
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4/30/2007 | BK | Michaels Stores launches $2.344 billion term loan
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4/30/2007 | BK | Market Commentary: Itron, LS Power, Fleetcor break; Michaels, Travelport slide; McKechnie tweaks deal; Gate sets talk
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1/16/2007 | BK | Michaels Stores launches term loan repricing
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1/16/2007 | BK | Market Commentary: Yankee, Paetec, Roundy's set talk; Plastech postpones relaunch; Michaels dips; Barclays wins auction
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11/9/2006 | HY | Market Commentary: HCA prices $5.7 billion deal; Dana jumps on plant-closing plans; funds see $39 million inflow
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11/2/2006 | BK | Market Commentary: MetroPCS breaks; Blockbuster up with numbers; Spirit, Grosvenor set price talk
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10/31/2006 | BK | Market Commentary: Prodigy sets talk; NCO revises spread guidance; Merrill firms pricing; Dresser breaks
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10/30/2006 | BK | Market Commentary: DS Waters flexes; Language sets talk; MediMedia ups deadline; Michaels, Emmis, Spansion, Matria break
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10/30/2006 | HY | New Issue: Michael's Stores sells $250 million zero-coupon 10-year junior subordinated notes at 53.254 to yield 13%
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10/30/2006 | HY | Market Commentary: Dura seniors lower after Chapter 11; downsized Encore deal prices
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10/27/2006 | HY | Market Commentary: Host Hotels, Hexion price deals; Charter moves up
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10/26/2006 | HY | Market Commentary: MetroPCS prices $1 billion deal; Delphi, Lear up; funds see $27.3 million outflow
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10/25/2006 | BKDDHY | Moody's rates Michael's note Caa1
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10/25/2006 | HY | New Issue: Michael's Stores prices upsized $1.15 billion of notes in two tranches
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10/25/2006 | HY | Market Commentary: Michaels Stores, Level 3 price upsized deals; Trump continues climb
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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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10/23/2006 | HY | Market Commentary: Idearc, Sabine Pass, SuperValu slate big deals; Salton, Delphi gain on buyout speculation
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10/20/2006 | HY | Michael's Stores sets talk on $1.075 billion two-part notes offering
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10/20/2006 | HY | Market Commentary: AGY prices eight-year deal; airlines continue to soar; Salton up on takeover talk
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10/19/2006 | HY | Market Commentary: Buffets prices downsized, restructured deal; airline bonds keep flying; funds see $3 million inflow
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10/11/2006 | HY | Michaels Stores to start roadshow Thursday for $1.075 billion two-part note offering
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10/11/2006 | HY | Market Commentary: Harrah's weaker on stronger buyout bid; Cablevision continues bounce
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10/11/2006 | BK | Market Commentary: MetroPCS, Michaels, Belfor set price talk; AlixPartners breaks after adding step down
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10/6/2006 | BKDDHY | S&P rates Michaels Stores, loan B-, notes CCC
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9/28/2006 | BKDDHY | Moody's rates Michael's loan B2, notes B2, Caa1
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9/25/2006 | BK | Michaels $3.4 billion credit facility launch targeted for Oct. 11
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9/1/2006 | HY | Market Commentary: Metaldyne bonds back off as buyout becomes official; holiday stills other activity
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8/28/2006 | BK | Michaels Stores $3.4 billion facility expected late Sept./early Oct.
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8/21/2006 | HY | Market Commentary: Visteon, Metaldyne off on S&P downgrade warning; Amkor rises on default hopes
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8/16/2006 | HY | Michaels Stores $1.4 billion bonds expected September business
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8/16/2006 | HY | Market Commentary: Michaels Stores slates $1.4 billion offering; Sea Containers gains
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8/16/2006 | HY | Market Commentary: Michaels Stores slates $1.4 billion offering; Sea Containers gains
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8/1/2006 | BKHY | Michaels Stores reveals plans for $3.4 billion credit facility, $1.4 billion bonds
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7/3/2006 | BK | Michaels Stores LBO financing to be led by Deutsche, Bank of America, Credit Suisse
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5/23/2006 | HY | Market Commentary: Downsized Hanger Orthopedic deal prices; Avondale jumps on insurance settlement
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5/16/2005 | HY | Michaels Stores calls 91/4% notes
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4/11/2005 | HY | Michaels Stores plans to call $200 million 91/4% senior notes in July
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11/23/2004 | BKHY | Michaels Stores amends revolver to extend maturity, allow note redemption
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8/20/2003 | BKHY | S&P upgrades Michaels Stores
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6/19/2003 | BKHY | S&P cuts Playtex
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2/6/2003 | HY | Market Commentary: Upsized TRW mega-deal prices, trades up; covenant woes deflate Goodyear Tire bonds
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10/8/2002 | HY | Moody's cuts PG&E National Energy
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9/12/2002 | BK | S&P puts Georgia-Pacific on watch
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9/12/2002 | HY | S&P puts Georgia-Pacific on watch
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7/1/2002 | BK | Moody's cuts Vivendi Universal to junk
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7/1/2002 | HY | Moody's cuts Vivendi Universal to junk
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6/3/2002 | BK | Michaels Stores receives one-year extension on revolving credit facility
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10/11/2001 | HY | Moody's warns some retailers face glum outlook; others seen holding their own
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