TITLE

Banks Market $600M Coventry HY

AUTHOR(S)
Sheahan, Matthew
PUB. DATE
June 2011
SOURCE
High Yield Report;6/6/2011, Vol. 22 Issue 23, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Coventry Health Care, a health care services company, is on the market for a junk bond deal worth 600 million U.S. dollars due 2020 with proceeds to be used to repay its outstanding revolver debt of 380 million U.S. dollars and refinance its senior notes with maturity 2012 worth 250 million U.S. dollars.
ACCESSION #
61947998

 

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