AMC lower; Talen up; PBF, Moss Creek mixed; Diamond Sports, Endo gain; Exela dips

By Cristal Cody

Tupelo, Miss., July 15 – AMC Entertainment Holdings, Inc.’s notes edged down in heavy trading action on Thursday.

AMC’s 12% second-lien senior secured notes due 2026 (Ca/C) softened about ¾ point to head out near the 92¾ bid area on $29 million of secondary volume, a source said.

Talen Energy Supply LLC’s bonds remained mostly higher with the 6½% senior notes due 2025 (B3/CCC+/B) up more than 1½ points and better than 60¼ bid on more than $5 million of secondary volume.

PBF Holding Co. LLC’s bonds were mixed with the company’s 6% senior notes due 2028 (B3/B+/B+) trading 1½ points higher at 60½ bid on $4 million of volume following Wednesday’s slide of 5½ points.

Moss Creek Resources Holdings Inc.’s 10½% notes due 2027 (Caa1/B) were unchanged at 99 bid.

In other distressed secondary trading, Diamond Sports Group LLC’s 5 3/8% senior secured notes due 2026 (B2/CCC+) improved 1¼ points to 60½ bid.

Exela Technologies, Inc.’s bonds softened Thursday.

Exela Intermediate LLC’s 10% senior secured first-lien notes due 2023 (Caa3/CCC-) fell 1¼ points to 79 bid.

Endo Finance LLC’s bonds traded 1 point better across the board.

Endo’s 6% senior notes due 2028 (Caa2/CCC+) added 1 point to 61¼ bid on $3 million of secondary activity.

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