Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers R > Headlines for R.R. Donnelley & Sons Co. > News item |
Junk calendar balloons; Carnival, DISH come in; R.R. Donnelley gains on buyout offer
By Paul A. Harris and Abigail W. Adams
Portland, Me., Oct. 12 – The post-holiday Tuesday session began the abbreviated Oct. 11 week with a blast of new issue news that loaded up the active deal calendar with $7.3 billion of business, most if not all of it expected to clear before Friday's close.
However none of those announcements involved drive-bys, so no deals priced on Tuesday.
It was a slow return from the long holiday weekend in the secondary space with the market soft and volume light as market players awaited the latest Consumer Price Index report on Wednesday, sources said.
Carnival Corp.’s 5¾% senior notes due 2027 (B2/B) were down about ¼ point in high-volume activity.
DISH DBS Corp.’s already struggling 5 1/8% senior notes due 2029 (B2/B-) were also trending lower in active trading.
However, R.R. Donnelley & Sons Co.’s 6 1/8% senior secured notes due 2026 (B1/B+) jumped almost 3 points following news of a buyout offer.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.