• Weekly Review: IG space shatters daily record; junk active and more expected

• G-III Apparel reports no debt besides revolving credit facility debt
• HealthEquity bank debt refi gives flexibility, pushes out maturities

• Weekly Review: U.S. market ready to relaunch; Canada, Germany, France step on stage in interim

• BILL remains ‘well-capitalized’ after repurchase of convertibles
• BW Offshore grows liquidity ahead of convertibles maturing in November
• Endo ends quarter with 3.5x net debt-to-adjusted EBITDA ratio
• Guess? expands liquidity with additional capacity on credit facility
• Kohl’s mulls options for July 2025 notes after redeeming 9˝% notes
• VGP lowers cost of debt to 2.21% by repaying €75 million of bond debt

• Weekly Review: Big issues prove investment-grade market open in August lull

• Amer Sports now targets 1.5x debt ratio from current ratio of 2.6x
• Dycom revamps credit facility, reports strong balance sheet, position
• Hovnanian cuts debt by $669 million since beginning of fiscal 2020
• OSI has low leverage, solid balance sheet; 75% of debt is fixed-rate
• Palo Alto Networks holders convert debt; debt load under $1 billion
• TerraForm extends revolver maturity, leaving no maturities until 2028

• Weekly Review: JetBlue works across markets to raise $3.15 billion; spinoff shines in IG spotlight

• Beasley Broadcast is laser-focused on addressing February 2026 bond
• Borr refuses seller financing for rig, gets better deal via notes tap
• Brinker keeps cutting debt with eye on $350 million bond due October
• Canacol Energy chops debt ratio in second quarter to 2.7x from 2.9x
• Golar LNG seeks to refi $700 million debt facility with better terms
• Mars will use $29 billion bridge loan to acquire Kellanova
• Paysafe hopes to lower net debt ratio to 4.7x by year-end from 4.8x
• Scotiabank to pay $2.8 billion in two parts for 14.9% KeyCorp stake
• Superior Plus drives leverage down to 3.8x, aims for 3.7x at year-end
• Talen has net debt ratio of 2.4x, well below its 3.5x leverage target

• Weekly Review: Deals run slow initially in Aug. 5 week but fast when coast seems clear

• AMC Entertainment touts successful refinancing of 2025 and 2026 notes
• Berry Global expects leverage ratio in the low threes in 2025
• Cheniere gets ratings boosts from Moody’s, Fitch after Q2 refinancing
• Sunoco refi leaves liquidity high, manageable debt maturity profile
• Wynn Resorts repays $170 million of bank debt, chips away at leverage

• Weekly Review: Corporate debt market conditions start easy but end week with headwinds

• Caesars pushes debt maturities out to three years, cuts term loan B
• Gartner has strong liquidity, low leverage and fixed interest rates
• Hawaiian wraps successful note exchange; Alaska merger moves forward
• Norwegian reaches leverage goal six months early, aims for mid-fours
• Sensata retires $700 million bonds, aims to have net debt ratio under 3x

• Weekly Review: Smooth waters lure issuers in, but debt week is looking choppy at end

• American Airlines cuts total debt by $680 million in second quarter
• Avantor aims to drive leverage ratio below 3x from 3.9x as of June 30
• Constellium reports 2.5x debt ratio, on high end of targeted range
• Cusip sees slowdown in requests for corporate, municipal identifiers
• Iqvia lowers debt ratio, to de-lever further by growing EBITDA
• Mattel drives debt ratio down to 2.3x from 3.1x a year ago, CFO says
• Meritage refinances with convertibles due 2028, secures IG rating
• Royal Caribbean debt ratio is 3.5x, within company’s targeted range

• Weekly Review: Banks exit earnings; Europe field still active; preferred space wakes up

• Alcoa expects to reduce debt, deleverage as it improves balance sheet
• Bank of America: CET1 ratio is 11.9%, above regulatory requirements
• Citigroup: Investment-grade debt issuances reach near-record levels
• Fifth Third Bancorp increases CET1 ratio by 13 bps to 10.6% during Q2
• Forestar finishes quarter with significant liquidity, modest leverage
• PNC reports 10.2% CET1 ratio; company is well capitalized, positioned
• United Airlines plans to keep deleveraging beyond pre-pandemic levels

• Delta to repay $4 billion of debt in 2024, $2.1 billion repaid so far
• Greenbrier prioritizes cutting recourse debt; no near-term maturities
• JPMorgan increases CET1 ratio 30 bps quarter-over-quarter to 15.3%
• Saratoga gets $75 million facility, may call $321 million baby bonds
• Smart Global retires $75 million of term loan debt in third quarter

• Weekly Review: International issuers bring deals, but only one U.S. company uses holiday week

• Constellation still expects 3x target debt ratio in this fiscal year