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Published on 10/4/2019 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily, Prospect News Distressed Debt Daily, Prospect News Emerging Markets Daily, Prospect News Investment Grade Daily and Prospect News Private Placement Daily.

EG and TruckPro are on the road; AerCap, NFP new notes trade up; WeWork lower

By Paul A. Harris and By James McCandless

Portland, Ore., Oct. 4 – Two deals are being marketed next week and on the upcoming high-yield primary calendar.

EG Group/EG Global Finance plc is working out details on a €1.26 billion equivalent offering of six-year senior secured notes.

And, TruckPro LLC expects to wrap up its roadshow for $300 million of seven-year notes.

The high yield secondary market saw continued focus on new issues and newsmakers in Friday’s activity.

New notes priced by AerCap Holdings NV and NFP Corp. pushed upward after becoming free to trade on Friday.

WeWork Cos. Inc.’s paper was seen moving lower amid reports of impending layoffs.

Transport company Uber Technologies, Inc.’s notes were positive, snapping a losing streak.


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