Big High Yield Names Snap Back In Bond Secondary, Trade Higher After Crush; Energy Lags |
| January 22, 2016 | January 2016 Bond Updates |
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Many of the big names in high-yield that were hit hard this week amid the global rout snapped back and traded higher this morning on the back of yesterday's crushing session. Examples include Altice 7.75% notes due 2022, which traded up two points, to 88, and Valeant Pharmaceuticals International 6.125% notes due 2025, which changed hands in blocks at 87.75, versus lows of 86 yesterday, trade data show. |
| View more at: http://www.forbes.com/sites/spleverage/2016/01/21/big-high-yield-names-snap-back-in-bond-secondary-trade-higher-after-crush-energy-lags/ |