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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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