| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers A > Headlines for AMC Entertainment Holdings Inc. > News item |
Diamond Sports, AMC decline; Transocean, Plains All American, PBF higher as oil climbs
By Cristal Cody
Tupelo, Miss., Jan. 6 – Distressed bond issuers including Diamond Sports Group LLC and AMC Entertainment Holdings, Inc. saw mostly declines in the secondary market on Thursday.
Diamond Sports’ 5 3/8% senior secured notes due 2026 (Caa1/CCC) fell 1½ points to 49½ bid, a source said.
AMC Entertainment’s paper was mixed but mostly softer with the 6 1/8% notes due 2027 (Ca/CCC-) down ¼ point to 69¾ bid.
Distressed secondary supply remained light in the session and was concentrated in energy, according to market sources.
Energy paper traded about ¾ point to 2 points better on the day.
Transocean Inc.’s 7½% senior notes due 2031 (Ca/CCC) improved 7/8 point to 64 7/8 bid with $1.65 million of volume registered, a source said.
Plains All American Pipeline, LP’s 6 1/8% series B fixed-to-floating rate cumulative redeemable perpetual preferred units (Ba2/BB/BB) traded over 1 point better on the day at higher than 85¾ bid.
PBF Energy Inc.’s notes were stronger over the session with the 7¼% senior notes due 2025 (Caa1/B/B-) quoted 2 points higher at 77¼ bid on $5 million of secondary supply.
© 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.