Category: Uncategorized

California Resources Corporation Closes New $1.3 Billion Term Loan

LOS ANGELES -- November 17, 2017 California Resources Corporation (NYSE: CRC) announced today that it successfully closed a $1.3 billion first lien secured term loan facility (“2017 Term Loan”). The…
Read More

SHLD SEARS Pricing Update

  Security B Px A Px A YTW A Spd Amt Out Payment Rank Moody Notes SHLD 6⅝ 18 77.500 - 78.500 36.733 3501.125 298.29MM 2nd lien Caa2 SHLD 8   19 55.000 - 56.000 41.795 4007.352 625MM Sr Unsecured Ca SHLD 7½ 27…
Read More

Caesars Entertainment Announces Redemption of Chester Debt Securities

LAS VEGAS, Nov. 17, 2017 /PRNewswire/ -- Caesars Entertainment Corporation (NASDAQ: CZR) ("Caesars Entertainment") announced today that its subsidiaries, Chester Downs and Marina, LLC and Chester Downs Finance Corp. (collectively, the…
Read More

Moody’s downgrades Kodak’s CFR to Caa1; outlook changed to negative

New York, November 17, 2017 -- Moody's Investors Service ("Moody's") downgraded Eastman Kodak Company's ("Kodak ") Corporate Family Rating (CFR) to Caa1 from B3. As part of the rating action,…
Read More

X-S&PGR Dwngrades Remington Outdoor To ‘CCC-‘ Fr ‘CCC+; Otlk Neg

-- We have lowered our 2017 and 2018 base-case revenue and cash flow forecast on U.S. gun and ammunitions manufacturer Remington Outdoor Co. Inc. following a sharp deterioration in revenue…
Read More

X-S&PGR Downgrades Iconix Brands To ‘CCC-‘; Otlk Negative

X-S&PGR Downgrades Iconix Brands To 'CCC-'; Otlk Negative 2017-11-17 19:59:45.390 GMT   -- U.S.-based Iconix Brand Group Inc. was unable to file its Form 10-Q for its third quarter by…
Read More

ALGSCO ALGECO SCOTSMAN Pricing Update

Security B Px A Px A YTW Moody Payment Rank Amt Out Notes ALGSCO 8½  18 97.000 - 98.000 10.871 Caa2 1st lien 1.075MMM ALGSCO 9    18 97.750 - 98.750 10.470 Caa2 1st lien 275MM ALGSCO 10¾ 19 81.250 - 82.250 22.738…
Read More

IHRT iHeart Pricing Update

Security B Px A Px A YTW Moody Payment Rank Amt Out Notes IHRT TLD-EXT 1L USD 71.250 - 72.750 37.527 Caa1 1L Gtd Sr. Secd 5MMM IHRT TLE     1L USD 73.000 - 75.000 27.995 Caa1 1L Gtd Sr. Secd 1.3MMM IHRT 5½     16 WR Sr Unsecured 57.1MM IHRT 10      18…
Read More
error: Content is protected !!