First Data Prices $750M Deal
- First Data Prices Downsized $845M Deal. Sheahan, Matthew // High Yield Report;3/19/2012, p4
The article reports that junk bonds worth 845 million U.S. dollars have been sold by payment processing services company First Data in a downsized drive-by on March 9, 2012.
- First Data Prices Upsized $510M HY Deal. Sheahan, Matthew // High Yield Report;8/16/2010, Vol. 21 Issue 33, p21
The article reports that electronic payment services company First Data has issued 8.875 percent senior secured notes due 2020 worth 510 million U.S. dollars in an upsized junk bond deal whose proceeds will be used to refinance debt.
- First Data to Set Bond Record. Breitkopf, David // American Banker;6/6/2007, Vol. 172 Issue 108, p10
This article discusses how the payment processing company First Data Corp. is planning to issue the largest junk bond offering ever to help finance their leveraged buyout of Kohlberg Kravis Roberts & Co. (KKR). The author notes that the current record for junk bond offerings came when KKR bought...
- High yield travels well. Rosenberg, Geanne // Investment Dealers' Digest;1/12/98, Vol. 64 Issue 2, p28
Reports on the performance of the high-yield securities market in the United States during 1997. Total volume for the year; Market conditions; Contribution of non-United States issuers; Deepening of the investor base; Leading investment banks in the high-yield business.
- Canada's TD makes a surprise leap in junk league tables. O'Leary, Christopher // Investment Dealers' Digest;01/10/2000, Vol. 66 Issue 2, p4
Reports the financial performance of Toronto Dominion (TD) Securities in the high-yield debt underwriting for year 1999 . Percentage increase in issues; Factors contributing to propel the company to 15th placer; Deals made by the company in 1999; Role of John Chester III and Fernando Guerrero...
- The Gloves Come Off in an Increasingly Intense Rivalry for King of High Yield. O'Leary, Christopher // Investment Dealers' Digest;08/07/2000, Vol. 66 Issue 32, p13
Reports on the increasingly intense rivalry among United States securities firms for the high-yield market. Goal of Goldman Sachs to dethrone Donaldson Lufkin and Jenrette for leadership; Rival shops including Salomon Smith Barney, Merrill Lynch & Co. and Chase Securities.
- Chasm Between Treasuries/High Yield Could Bode Well for Junk in 2002. Conrad, Lee // Bank Loan Report;10/15/2001, Vol. 16 Issue 39, p12
Reports on the yield spread between 10-year Treasuries and high yield jun bonds in the U.S., as of September 30, 2001. Investment opportunity created by the widening spread; Prospects for the high yield market in 2002.
- New Issues Return -- For Now. // High Yield Report;11/02/98, Vol. 9 Issue 42, p1
Reports on the return of new high yield bond issues in the United States as of November 2, 1998. Total worth of the issues; Re-pricing in the outstanding debt; Buying of cheaper existing debt instead of the new debt; Names of the companies with notable bond issues.
- Short Takes on High Yields. // High Yield Report;11/02/98, Vol. 9 Issue 42, p3
Presents news briefs related to the high yield bond market in the United States as of November 2, 1998. Includes AT&T's plans of investing $900 million in equipment and services over the cable network of TeleCommunications Inc.; Kmart's merger negotiations with Wal-Mart Stores Inc.; Downgrade...