Seven Issuers Price $1.4B in HY Bonds

Kellerhals, Richard
September 2010
High Yield Report;9/20/2010, Vol. 21 Issue 38, p31
This article reports that a total of 1.95 billion U.S. dollars in high yield bonds has been priced by seven companies on September 16, 2010. There is a plan by Graham Packaging to use proceeds from its 8.25% senior notes issuance, along with a term loan D, in supporting its refinancing and acquisition of Liquid Container. The 8.75% senior notes due 2018 issued by Brigham Exploration has been priced at 300 million U.S. dollars. Proceeds from FTI Consulting's issuance will be used by the firm to finance its cash tender offer.


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