NFP, Ryman price in U.S.; WIND sells €525 million; Uber contracts; Netflix improves

By Paul A. Harris and James McCandless

Portland, Ore., Oct. 3 – In the high-yield primary market on Thursday $450 million priced in two deals in the U.S. and one European issue cleared the calendar.

NFP Corp. came to market with a $250 million issue and Ryman Hospitality Properties Inc. drove by with a $200 million add-on.

Greek issuer WIND Hellas Telecommunications SA sold €525 million on the European front.

The high yield secondary saw most of its activity pegged on a trio of new issues.

New notes from Live Nation Entertainment, Inc., Alliant Holdings Intermediate, LLC and National CineMedia, LLC were free to trade on Thursday.

Meanwhile, Uber Technologies, Inc.’s issues contracted as the company expands its business among ever-present worries regarding its profitability.

Streaming giant Netflix, Inc.’s paper improved in the face of an analyst warning that the name may need to lower prices to stay competitive.

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