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Neptune Energy adds; Evoca prices; Thursday issuance higher; Teva up; WeWork better
By Paul A. Harris and James McCandless
Portland, Ore., Oct. 18 – The high-yield primary week ended with new paper entering the market.
Neptune Energy completed its revised $300 million add-on
And, Evoca SpA priced a €550 million issue of new notes in the European junk market.
The high-yield secondary space finished the week with renewed focus on newer issues.
New issuance from Charter Communications, Inc. and VodafoneZiggo was active during Friday trading.
Meanwhile, Teva Pharmaceutical Industries Ltd.’s issues moved higher in a week of shifting news concerning opioid settlements.
Coworking name WeWork Cos. Inc.’s notes pushed up.
High-yield funds were experiencing inflows and the high-yield indexes continued a positive streak.
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