Clear Channel International: The Only Junk Bond Issuer in the Week Ending December 11
An indirect and wholly owned subsidiary of Clear Channel Outdoor Holdings, Clear Channel International issued $225 million in dollar-denominated junk bonds.
Why Did High-Yield Bond Issuers Avoid the Primary Market?
High-yield bond issuance fell to zero last week due to two main reasons. Junk bond issuers stayed away from the primary market due to fears of default risk.
High Yield Bond Funds Saw Inflows—What of Yields and Spreads?
According to Lipper, net inflows from high yield bond funds totaled $1.1 billion in the week ended May 18, 2016.
Who Issued the Most Junk Bonds in the Week Ended May 20?
Issuance in the high yield primary market gained traction due to an improved market environment. Junk bond issuance rose last week.