Category: 2018

Waste Pro USA cleans up in high yield debut, cuts roadshow short

Waste Pro USA has cut short the roadshow for its USD 450m debut high yield bond due to strong demand, according to several sources tracking the situation. The waste services company is expected to price the transaction inside official talk of 5.625%—and well inside earlier whispers of 6% area—on Thursday, the sources said. The Florida-based borrower…

Read more Waste Pro USA cleans up in high yield debut, cuts roadshow short

Oil fervor and high cash balances drive bullish start for high yield in 2018 — Primary Market Chatter

High yield investors have been spoilt for choice so far this year, with a broad range of issuers hitting the market either side of the Martin Luther King, Jr holiday weekend. But the deals on offer are also an indication of investors’ desperation for yield, as spreads continue to grind tighter. The strong start to…

Read more Oil fervor and high cash balances drive bullish start for high yield in 2018 — Primary Market Chatter