Triple-C HY Bonds Hit Record Issuance

Sheahan, Matthew
February 2011
High Yield Report;2/21/2011, Vol. 22 Issue 8, p10
The article reports that as of February 2011, junk bonds in the Standard & Poor CCC category, Caa by Moody's Investors Service, were priced at 6.1 billion dollars in triple-C-rated bonds through 18 deals, far more than the 1.7 billion dollars gained in the previous year during the same period.


Related Articles

  • BP-Linked Bond Yields Spike. Devitt, Caitlin // Investment Dealers' Digest;6/25/2010, Vol. 76 Issue 24, p9 

    The article reports on the prepaid gas bonds wherein Moody's Investors Service Inc. and Standard & Poor's Corp. have downgraded all their ratings to Baa1 and A, respectively, on prepaid gas bonds that affects nearly 2 billion dollars in dept issued by three municipal gas suppliers and 1.9...

  • University of North Texas Readies $180M Revenue Deal. Williamson, Richard // Bond Buyer;11/16/2009, Vol. 370 Issue 33217, p4 

    The article reports on the plan of the University of North Texas (UNT) Board of Regents to issue 180 million dollars worth of system revenue bonds for its campus in Dallas and a football stadium in Denton, Texas. It states that Fitch Ratings Ltd. confirmed its AA-minus rating, however, Moody's...

  • UNC at Chapel Hill Sets $224M Half-BAB Deal to Fund Projects. Temple-West, Patrick // Bond Buyer;11/16/2009, Vol. 370 Issue 33217, p36 

    The article reports on the Build America Bonds (BAB) deal of the University of North Carolina with 224 million dollars to finance projects in Chapel Hill, North Carolina. It states that the bond is rated by Moody's Investors Service Inc. with Aa1 and AA-plus by Standard & Poor's Corp. and Fitch...

  • Munis Flat as California Boosts Offering. Scarchilli, Michael // Investment Dealers' Digest;3/12/2010, Vol. 76 Issue 10, p10 

    The article reports on the decision of the state of California to increase the sale of its general obligation bonds to 2.5 billion dollars. The bonds, which was priced by J.P. Morgan Chase & Co., will mature from 2011 through 2030, with term bonds in 2033, 2036 and 2040. Moreover, the bonds are...

  • Hospital Eyes Resized Deal. Watts, Jim // Bond Buyer;10/29/2009, Vol. 370 Issue 33208, p9 

    The article reports on the initiated sale of bonds by the Woman's Hospital of Baton Rouge in the bond market in Baton Rouge, Louisiana. The hospital has revealed the plan to sell 350 million dollars of tax-free revenue bonds, wherein the proceeds will be used for the construction of a new...

  • As Economy Cools, Denton County, Tex., Take Bids on $104M of AAA Debt. Williamson, Richard // Bond Buyer;5/5/2009, Vol. 368 Issue 33108, p8 

    The article reports on the deadline for the bids to managing director John Martin at financial adviser Southwest Securities in the U.S. It notes that the deadline will due in May 2009 while the bonds will be awarded to the winner on the day following the set deadline. Accordingly, the bonds are...

  • S&P Puts Teetering Suffolk County on Negative Watch. Burton, Paul // Bond Buyer;3/14/2012, Vol. 379 Issue 33679, p24 

    The article reports on the decline in ratings of bonds in Suffolk County, New York which are given by Standard & Poor's Corp. and Moody's Investors Service Inc. in 2012.

  • Mass. Housing to Sell Single-Family Bonds.  // Bond Buyer;9/5/2012, Vol. 121 Issue 33776, p1 

    The article informs that the Massachusetts Housing Finance Agency is going to hold a one-day retail period for its 35.7 million U.S. dollars sale of fixed-rate single-family housing revenue bonds in the U.S. The agency is going to sell 32.1 million U.S. dollars in Series 160 taxable refunding...

  • Wayne State Selling $112 Million To Refund Debt, Terminate Swaps. Devitt, Caitlin // Bond Buyer;9/28/2009, Vol. 369 Issue 33190, p32 

    The article reports on the plan of Wayne State University Board of Governors to enter the bond market with 112 million U.S. dollars of fixed-rate bonds in Detroit, Michigan in 2009. Standard & Poor's Corp. rated the upcoming bonds AA-minus, while Moody's Investors Sevice Inc. rated the bond AA3...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics