4/10/2025 | DD | Market Commentary: Distressed rally fizzes out; New Fortress Energy, PBF, Transocean down; Saks gives up gains
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4/4/2025 | BKCVDDEMIGPV | Market Commentary: Junk selling intensifies, spreads push out another 50 bps; energy, CCC credits plunge
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4/11/2024 | BKCVDDHY | Moody’s ups Transocean, rates notes Caa1
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2/16/2024 | DD | Market Commentary: Distressed energy space shrinks as issuers are lifted on sustained strong oil prices
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9/26/2023 | BKDDHY | S&P ups, rates Transocean notes B
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4/3/2023 | DD | Market Commentary: Bausch paper rallies; Allen Media up; WeWork drops; Transocean gains; BB&B soft
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1/17/2023 | BKDDHY | S&P assigns B- to Transocean notes
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1/9/2023 | BKDDHY | S&P assigns B- to Transocean Titan notes
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10/11/2022 | DD | Market Commentary: Shutterfly lower; Rite Aid secured notes drop; Transocean mixed after pre-holiday gains
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10/10/2022 | BKCVDDHY | S&P ups Transocean, rates exchangeables CCC+
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10/3/2022 | BKCVDDHY | S&P cuts Transocean to D
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9/19/2022 | DD | Market Commentary: Transocean softens; CineMedia paper sinks; Bausch improves; Country Garden notes quiet
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9/16/2022 | DD | Market Commentary: Kohl’s lower on junk status; Bed Bath & Beyond up; FedEx flounders; Transocean better
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9/16/2022 | BKCVDDHY | S&P trims Transocean
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9/14/2022 | BKCVDDEMIGPV | Market Commentary: Junk market quiet after sell-off; CNX improves, Transocean improves; athenahealth falls
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9/14/2022 | DD | Market Commentary: Endo notes decline as Nasdaq sets stock delisting date; Bausch mixed; CHS weakens
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10/28/2021 | DD | Market Commentary: Energy ‘well bid’; PBF bonds rally; Nine Energy up; Transocean mixed; Diamond Sports lower
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10/25/2021 | DD | Market Commentary: Diamond Sports soft; Evergrande edges lower; Digicel up; Talen Energy, Transocean gain
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7/7/2021 | DD | Market Commentary: Exela notes improve; AMC declines; Transocean softens; Talen bonds lower; Endo down
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7/7/2021 | BKDDHY | S&P raises Transocean
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4/9/2021 | DD | Market Commentary: AMC better on post-Covid hopes; EnVen trades up; PBF, Diamond Sports down; Mallinckrodt gains
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4/8/2021 | DD | Market Commentary: Mallinckrodt ramps up; Nabors, Laredo, Baytex, Peabody gain; W&T, Transocean dip; AMC better
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3/19/2021 | DD | Market Commentary: Shelf Drilling, Transocean, Callon, Summit Midstream notes drop; Washington Prime stable
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3/15/2021 | DD | Market Commentary: NGL, Shelf Drilling, Peabody Energy, HighPoint notes active; Frontier, AMC bonds better
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3/12/2021 | DD | Market Commentary: Weather hit-energy suppliers mixed; Shelf Drilling edges up; Diamond Sports, Revlon gain
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3/11/2021 | DD | Market Commentary: Mallinckrodt, Diamond Sports notes trade up; Texas storm-hit Talen, Nine Energy decline
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2/8/2021 | DD | Market Commentary: Distressed energy bonds improve; Transocean, Callon, Nabors, Diamond Offshore gain
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2/5/2021 | DD | Market Commentary: AMC mixed; Diamond Offshore, Transocean, Nabors, Global Marine, Callon Petroleum rally
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1/13/2021 | DD | Market Commentary: Oil, gas bonds active; Centennial Resource, NGL, Weatherford, Transocean notes gain
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1/12/2021 | DD | Market Commentary: Moss Creek, Weatherford, Navios distressed notes gain on oil strength; Transocean mixed
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1/7/2021 | DD | Market Commentary: AMC Entertainment, AerCap bonds jump; Hertz, Transocean, Occidental Petroleum improve
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1/5/2021 | DD | Market Commentary: Distressed oil, gas bonds gain; AMC, Rite Aid paper better; American Airlines weakens
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1/4/2021 | DD | Market Commentary: Distressed bonds mixed; AMC, Hertz improve; travel, retail, energy soft to start year
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12/24/2020 | DD | Market Commentary: U.S. Steel notes strengthen after asset sale announced; American Airlines in focus
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12/22/2020 | DD | Market Commentary: Antero notes in focus after ratings shift; Ferrellgas better as votes solicited
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12/18/2020 | DD | Market Commentary: U.S. Steel notes eyed on lowered guidance; Bombardier trades up after contract news
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12/17/2020 | DD | Market Commentary: Rite Aid notes higher after earnings beat; Antero Resources eyed as new notes offered
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12/15/2020 | DD | Market Commentary: Frontier notes improve after announced CEO change; AMC declines in theater sector
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12/10/2020 | DD | Market Commentary: Occidental Petroleum notes higher on contract; U.S. Steel in focus on ratings outlook
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12/4/2020 | DD | Market Commentary: AMC notes decline amid shift in theater landscape; L Brands eyed after ratings action
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12/2/2020 | DD | Market Commentary: Bombardier notes better after sale conditions met; Endo up on BioSpecifics acquisition
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12/1/2020 | DD | Market Commentary: Transocean notes in focus after amendment news; Hertz trades higher in secondary market
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12/1/2020 | DDHY | Transocean: Amendments, reorganization resolve default allegations
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11/30/2020 | DD | Market Commentary: Hertz notes drop as Donlen purchase agreement reached; AMC eyed in theater space
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11/25/2020 | BKCVDDEMIGPV | Market Commentary: Primary gears up for final push; Carnival, CNX notes active; SM Energy higher, Transocean dips
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11/25/2020 | DD | Market Commentary: Nordstrom notes better on earnings outperformance; SM Energy higher amid ratings cut
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11/25/2020 | BKDDHY | S&P upgrades Transocean Ltd.
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11/23/2020 | DD | Market Commentary: AMC notes improve after more vaccine news; United Airlines eyed in travel sector
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11/20/2020 | DD | Market Commentary: United Airlines notes in focus amid negative headlines; Frontier down in telecom space
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11/18/2020 | DD | Market Commentary: Transocean notes better amid contract news; American Airlines eyed in travel space
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11/16/2020 | BKDDHY | S&P cuts Transocean Ltd.
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11/10/2020 | DD | Market Commentary: Occidental notes in focus after Q3 loss; Revlon notes strengthen in retail space
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11/4/2020 | DD | Market Commentary: Transocean notes rise after posting quarterly results; Tupperware in focus amid upgrade
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10/27/2020 | DD | Market Commentary: Diamond Sports weakens; McGraw-Hill, West Corp. jump; Transocean holders hold off
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10/27/2020 | DDHYLM | Transocean gives early results on any-and-all, capped offers
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10/23/2020 | DD | Market Commentary: Cleveland-Cliffs notes gain after earnings beat; Revlon paper up as exchange extended
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10/19/2020 | DD | Market Commentary: Gulfport Energy notes sink after interest payment skipped; AMC trades actively, flat
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10/16/2020 | DD | Market Commentary: Hertz notes gain on DIP financing news; GTT Communications improves on sale agreement
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10/15/2020 | DD | Market Commentary: U.S. Steel notes eyed on increased output; United Airlines lower after posting loss
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10/15/2020 | BKDDHY | S&P trims Transocean Ltd.
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10/14/2020 | DD | Market Commentary: Transocean notes gain as purchase offer starts; United eyed as earnings anticipated
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10/9/2020 | DD | Market Commentary: Gulfport notes lower after ratings downgrade; Mallinckrodt eyed on bankruptcy reports
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10/7/2020 | DD | Market Commentary: Uniti notes higher after ratings change; American Airlines eyed amid stimulus shift
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9/29/2020 | DD | Market Commentary: American Airlines notes head lower on travel worries; Hertz drops as CFO resigns
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9/29/2020 | BKDDHY | S&P upgrades Transocean
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9/28/2020 | DD | Market Commentary: American Airlines notes higher after loan news; Cleveland-Cliffs better in steel space
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9/25/2020 | DD | Market Commentary: United Airlines notes eyed amid deal with pilots; Hertz driven lower in travel space
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9/23/2020 | DD | Market Commentary: Uniti notes gain after settlement takes effect; Antero paper eyed in energy space
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9/22/2020 | DD | Market Commentary: Bombardier notes lower amid deal news; Hertz better as bankruptcy financing sought
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9/21/2020 | DD | Market Commentary: Occidental notes down after dividend news; U.S. Steel dips in manufacturing space
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9/17/2020 | DD | Market Commentary: L Brands notes higher as new issue trades; GTT heads lower after ratings downgrade
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9/16/2020 | DD | Market Commentary: Bombardier notes jump on purchase agreement; Transocean eyed in energy space
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9/15/2020 | DD | Market Commentary: L Brands notes in focus amid joint venture news; LSC higher after purchase agreement
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9/14/2020 | DD | Market Commentary: Scientific Games notes rise after stake sale news; Revlon eyed as tender offer expires
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9/11/2020 | DD | Market Commentary: Occidental notes weaken as tender offer ends; J.C. Penney trades up in retail space
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9/11/2020 | BKDDHY | S&P rates Transocean notes CCC
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9/10/2020 | DD | Market Commentary: J.C. Penney notes eyed after sale agreement; Transocean active as tender offer ends
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9/10/2020 | BKDDHY | Moody’s assigns Transocean notes Caa3
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9/10/2020 | DDHYLM | Transocean accepts tenders of $1.51 billion in 11 series of notes
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9/9/2020 | DD | Market Commentary: United notes eyed as revenue forecast cut; GTT better after asset sale news
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9/8/2020 | DD | Market Commentary: GTT notes jump on asset sale news; Transocean paper trades mixed in energy space
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9/8/2020 | DDHYLM | Transocean extends exchange offer following successful court ruling
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9/3/2020 | DD | Market Commentary: AMC notes gain as more theaters reopen; American Airlines notes on the move in secondary
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9/1/2020 | DD | Market Commentary: Whiting notes improve as company exits bankruptcy; Intelsat in focus in telecom space
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8/27/2020 | DD | Market Commentary: United Airlines notes vary as layoffs expected; Bombardier up in manufacturing space
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8/24/2020 | DDHYLM | Transocean amends, extends exchange offer, ends consent solicitations
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8/19/2020 | DD | Market Commentary: CBL notes jump as restructuring deal reached; Valaris quoted up after bankruptcy filing
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8/18/2020 | DD | Market Commentary: Revlon notes gain amid lender dispute; Antero Resources eyed as new issues price
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8/14/2020 | DD | Market Commentary: Whiting eyed as CEO change announced; Revlon notes decline amid dual lender disputes
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8/13/2020 | DD | Market Commentary: Revlon notes decline as lenders sue; Antero Resources trades down on ratings action
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8/12/2020 | DD | Market Commentary: Transocean eyed as exchange offers get underway; Hertz notes trade lower in secondary
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8/12/2020 | BKDDHY | S&P puts Transocean on watch
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8/10/2020 | DDHYLM | Transocean offers to exchange 11 series for $750 million new notes
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8/7/2020 | DD | Market Commentary: Mallinckrodt notes eyed after ratings downgrade; Transocean varies in energy space
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8/6/2020 | DD | Market Commentary: Transocean notes drop on strategic alternatives news; Bombardier up after Q2 results
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8/6/2020 | DDHY | S&P trims Transocean
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7/31/2020 | DD | Market Commentary: Denbury notes drop after bankruptcy filing; Bombardier gains as asset sale approved
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5/21/2020 | DD | Market Commentary: Energy gains in distressed debt market; L Brands up on store closures; U.S. Steel drops
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4/29/2020 | DD | Market Commentary: Hertz notes trade lower as lease payment skipped; SM Energy rises despite earnings loss
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4/21/2020 | DD | Market Commentary: Hertz notes decline after layoff announcement; Valaris bonds drop on bankruptcy talk
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4/20/2020 | DD | Market Commentary: Chesapeake Energy lower as oil futures crash; Bombardier rises as production ramps up
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4/20/2020 | BKDDHY | S&P lowers Transocean
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1/22/2020 | BKCVDDEMIGPV | Market Commentary: VICI Properties, Albertsons, Baytex price; Altice, Stena on deck; Holly Energy, SBA gain
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1/21/2020 | BKCVDDEMIGPV | Market Commentary: Holly Energy, SBA Communications price; Albertsons, VICI prep; EQT, Range Resources sink
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1/9/2020 | BKCVDDEMIGPV | Market Commentary: Range Resources prices; First Quantum taps; RIG falls flat; Altice at a premium
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1/8/2020 | BKCVDDEMIGPV | Market Commentary: Altice, Transocean price; Range Resources on deck; Tegna, WPX, Nabors, M/I Homes at a premium
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1/8/2020 | BKDDHY | Moody’s rates Transocean notes Caa1
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1/8/2020 | BKDDHY | S&P rates Transocean notes B-
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1/6/2020 | DD | Market Commentary: Bed Bath & Beyond lower on transaction news; Superior Energy eyed as exchange starts
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12/17/2019 | DD | Market Commentary: Bed Bath & Beyond notes gain amid executive shakeup; PG&E lower after settlement news
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12/16/2019 | BKCVDDEMIGPV | Market Commentary: Archrock Partners prices; Cox Media, Calpine improve; Envision jumps; Transocean gains
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12/16/2019 | DD | Market Commentary: PG&E rises after restructure plan stalled; Envision spikes amid regulatory delay
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10/8/2019 | DD | Market Commentary: Frontier Communications notes head lower; PG&E paper improves amid stakeholder dispute
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9/30/2019 | DD | Market Commentary: Mallinckrodt debt trades lower after settlement finalized; Superior Energy active
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9/27/2019 | DD | Market Commentary: PG&E active as creditors up investment bid; Superior Energy declines after delisting
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9/26/2019 | BKDDHY | S&P trims Transocean
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5/16/2019 | BKCVDDEMIGPV | Market Commentary: Ally, NuStar, AA price; Transocean holds; U.S. Steel improves; funds lose $2.75 billion
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5/15/2019 | BKCVDDEMIGPV | Market Commentary: Transocean prices; Berry on tap; VistaJet active; Teva, Commscope under pressure
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12/18/2018 | BKCVDDEMIGPV | Market Commentary: Energy sector losses intensify; Endeavor gains on possible buyout; payday lenders pressed
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8/31/2018 | BKDDHY | S&P rates Transocean B-, cuts debt
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1/12/2018 | DD | Market Commentary: Community Health gains continue; energy issues easier despite crude rise; iHeart paper lower
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1/11/2018 | DD | Market Commentary: Community Health climbs in line with share surge; energy up as crude continues rise
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1/11/2018 | DD | Market Commentary: Community Health climbs in line with share surge; energy up as crude continues rise
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1/10/2018 | DD | Market Commentary: Energy drillers mixed; E&P easier despite crude price gains; Altice, Intelsat issues stay softer; Rite Aid gains
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1/10/2018 | BKCVDDEMIGPV | Market Commentary: Aramark drives by; new Sunoco busy, better; Ensco active amid tender, upcoming new deal
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1/9/2018 | DD | Market Commentary: Intelsat issues lose altitude in active dealings; Cal Res, energy drillers up as crude prices surge
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1/5/2018 | DD | Market Commentary: Energy names mixed as oil prices ease; coal operator Murray continues gains; Sprint busy
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12/8/2017 | BKDDHY | Transocean unit gets default notice under $300 million of 7% notes
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9/6/2017 | DD | Market Commentary: Toys ‘R’ Us tumbles on legal hire, bankruptcy concerns; energy up; Caesars, Peabody firm on financing news
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8/16/2017 | BKCVDDEMIGPV | Market Commentary: New high-yield bonds eyed; Tesla trades active; Staples hits par; Trinseo performs well
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8/15/2017 | DD | Market Commentary: Transocean firms on Songa Offshore buy; Murray dives post-earnings; Paperworks’ debt takes a hit
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7/7/2017 | BKCVDDEMIGPV | Market Commentary: U.S. primary sees year’s first empty week; CGA CGM, RAC price in Europe; oil slide hits energy
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7/5/2017 | DD | Market Commentary: EP Energy, Ensco, rest of distressed E&P lower and slower with post-holiday lull in effect
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6/28/2017 | DD | Market Commentary: California Resources, EP Energy gain as oil goes higher; Valeant ticks up; Hertz quiets
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5/27/2017 | DD | Market Commentary: Most oil issues firmer as crude rebounds; Bristow struggles after earnings miss
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5/19/2017 | DD | Market Commentary: Dynegy zooms on possible Vistra takeover; Intelsat off slightly; energy up with oil
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5/18/2017 | DD | Market Commentary: Intelsat amends, extends exchange offer, bonds tick higher; Valeant up; E&P mixed on low-volume session
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5/5/2017 | BKCVDDEMIGPV | Market Commentary: Primary quiet as $4.58 billion week concludes; Transocean terms emerge
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5/5/2017 | DD | Market Commentary: Post earnings, California Resources up as crude oil rebounds; GenOn ‘not as active,’ but up; Revlon, Neiman down
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5/4/2017 | DD | Market Commentary: GenOn mixed after offering announcement; E&P drops with oil; Community Health reacts to health care bill
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4/19/2017 | DD | Market Commentary: Oil drops sharply, as do California Resources, Pacific Drilling; Petsmart down as acquisition details murky
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4/4/2017 | DD | Market Commentary: Intelsat trades higher as day’s volume-heavy issue; Hertz down on auto industry woes; oil, E&P on the up
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3/15/2017 | DD | Market Commentary: After results, Concordia sees big losses; Valeant rebounds after ‘whipsaw’ week; Neiman up again
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3/14/2017 | DD | Market Commentary: Valeant existing bonds continue slide, even as new paper up; energy still weak, but drillers rebounding
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3/8/2017 | DD | Market Commentary: Plummeting oil brings California Resources, others down; Community Health, Valeant down; Intelsat up
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2/1/2017 | DD | Market Commentary: Under Armour drops into distressed territory; Community Health gains; pharma goes up; Intelsat quiets
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1/25/2017 | DD | Market Commentary: Avaya sees one big spike, some mixture; Neiman Marcus continues gains; Valeant rumors drive upticks
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1/5/2017 | DD | Market Commentary: Hospitals continue gains from Obamacare dismantling talk; retailers see bad holiday sales; E&P up
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12/20/2016 | DD | Market Commentary: Volume stays low in pre-holiday calm; Valeant down; iHeart mixed as decision looms; one-off names trade
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12/1/2016 | DD | Market Commentary: Oil sector extends gains following OPEC accord; Memorial Production up after forbearance
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11/30/2016 | BKCVDDEMIGPV | Market Commentary: Allegiant prices upsized add-on; Hudbay megadeal on tap; oil names jump on OPEC deal news
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11/30/2016 | DD | Market Commentary: OPEC accord lifts oil sector, California Resources; Valeant Pharma down on asset sale bust
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11/29/2016 | BKCVDDEMIGPV | Market Commentary: Tesoro Logistics, Transocean, Steel Dynamics price deals, new bonds firm; energy off
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10/7/2016 | BKCVDDEMIGPV | Market Commentary: Transocean, CBS Radio, Virgin Australia price to close $3.5 billion primary week, new deals rise
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9/1/2016 | BKCVDDEMIGPV | Market Commentary: European junk market remains busy; energy names off on oil slide; funds lose $387 million
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8/12/2016 | DD | Market Commentary: Distressed market quiet, energy names better, but Ocean Rig slides on bankruptcy warning
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8/12/2016 | BKCVDDEMIGPV | Market Commentary: Murphy Oil, APX deals price to close $9 billion week, new Muprhy jumps; Ocean Rig falls
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7/19/2016 | BKCVDDEMIGPV | Market Commentary: NRG drives by with $1.25 billion deal; calendar grows; recent issues quiet; Intelsat up
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7/12/2016 | BKCVDDEMIGPV | Market Commentary: International Wire deal prices, calendar keeps building; market stronger, Claire’s dives
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7/8/2016 | BKCVDDEMIGPV | Market Commentary: New Transocean notes busy, better; primary quiet but hopeful; overall junk market stronger
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7/6/2016 | BKCVDDEMIGPV | Market Commentary: Thompson Creek soars on acquisition news; Transocean active but lower ahead of new deal
|
7/5/2016 | BKCVDDEMIGPV | Market Commentary: Quiet post-holiday market amid global volatility; Transocean shops deal, existing notes up
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4/19/2016 | BKCVDDEMIGPV | Market Commentary: Altice back for seconds, Monday Altice deal gains in heavy trading; energy issues jump
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12/24/2015 | DD | Market Commentary: Distressed market quiet during shortened session; energy bonds mixed; convertibles find bids
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12/24/2015 | BKCVDDEMIGPV | Market Commentary: Junk seen quiet during shortened pre-holiday session; energy names mixed even as oil gains
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12/22/2015 | BKCVDDEMIGPV | Market Commentary: Junk sees improved tone, helped by better stocks, oil prices; Valeant up; Denbury down
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12/18/2015 | DD | Market Commentary: Teekay distributions slashed, bonds plummet; Chesapeake drops; California Resources lower
|
8/31/2015 | DD | Market Commentary: Crude oil gains spur sector bonds higher; Goodrich preferreds weaken; Fannie, Freddie improve
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8/26/2015 | BKCVDDEMIGPV | Market Commentary: Junk tone better on equity surge, though names mixed; Abengoa up on capitalization plan
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8/26/2015 | DD | Market Commentary: Transocean mostly down as special meeting called; Peabody dips as Lazard hired; Abengoa rises
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8/10/2015 | BKCVDDEMIGPV | Market Commentary: Service Corp. International add-on, upsized MSCI drive by to open week; quiet market seen
|
5/19/2015 | BKCVDDEMIGPV | Market Commentary: Energy Transfer Equity, EP Energy drive-bys, downsized Blue Coat price, Transocean, oils slide
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4/15/2015 | DD | Market Commentary: Energy bonds mixed despite higher oil prices; TXU off after filing plan; Solarzyme gains
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3/30/2015 | DD | Market Commentary: Breitburn rises on EIG investment; Peabody tender done, bonds mixed; Murray Energy gains
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3/26/2015 | DD | Market Commentary: Oil prices up on Yemen bombings; energy names improve; Cliffs bonds slip after deal prices
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3/20/2015 | DD | Market Commentary: Transocean scrapping more rigs, bonds weaken; Cliffs gains ahead of new issue; MagnaChip wanes
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