6/28/2022 | HY | Market Commentary: Fortress on deck; selling resumes in HY secondary; Michaels volatile; Carnival hits new low
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6/28/2022 | HY | Market Commentary: Morning Commentary: Michaels Stores up post-earnings; junk higher in spotty trading
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4/1/2021 | HYLM | Michaels to redeem $875 million 8%, 4¾% notes due 2027
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3/5/2021 | BKDDHY | Moody’s eyes Michaels for downgrade
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9/18/2020 | HY | Market Commentary: Consolidated Communications prices; secondary heavy; Michaels, First Quantum, Methanex flat
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9/17/2020 | HY | New Issue: Michaels prices downsized $375 million seven-year notes at par to yield 4¾%
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9/17/2020 | BKDDHY | Moody’s gives Michaels notes Ba3
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5/13/2020 | BKDDHY | Moody’s nicks Michaels
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12/11/2019 | HY | Market Commentary: Cox Media on deck; Calpine in focus; Wynn Macau improves; Wyndham Destinations flat
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12/5/2019 | HY | Market Commentary: Twitter in focus; Select Medical and Carriage Services add-ons price; Clearway up; Michaels sinks
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7/9/2019 | HY | Market Commentary: Morning Commentary: Sinclair/Diamond Sports starts roadshow for $4.875 billion; junk opens unchanged
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6/24/2019 | HY | Market Commentary: Primary market prices $4.01 billion in seven deals; calendar grows; Michaels, Talen Energy weaken
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6/21/2019 | HY | Market Commentary: Michaels Stores, Talen Energy price; LSC Communications tanks; Sprint trades down
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6/21/2019 | HY | New Issue: Michaels Stores sells $500 million eight-year notes at par to yield 8%
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6/21/2019 | HY | Market Commentary: Morning Commentary Talen Energy on tap; pricing, covenant tweaks revive Michaels Stores
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6/20/2019 | HY | Market Commentary: OWICs abound; Nexstar skyrockets; Avis, Norbord go up; PG&E gains; funds add $602 million
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6/20/2019 | HY | Market Commentary: Morning Commentary: Market advances on easy Fed; Allied Universal brings $1.55 billion
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6/19/2019 | HY | Market Commentary: Nexstar, Avis, Norbord price; Hexion, Michaels, Alpha Auto, Avon add-on on tap; new paper in focus, gains
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6/17/2019 | HY | Market Commentary: Multi-Color delayed; DriveTime, Michaels Stores, Sirius Computer on tap; Sprint in focus; Dish gains
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6/17/2019 | BKHY | Moody's rates Michaels notes B1
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6/17/2019 | HYLM | Michaels Stores eyes calling 5 7/8% subordinated notes due 2020
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6/17/2019 | HY | Michaels Stores starts roadshow for $500 million eight-year notes
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7/18/2017 | BKHY | Moody’s rates Michaels Stores Ba2
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3/7/2017 | CLHY | Market Commentary: XPO frees to trade; Community Health reacts to paydown plans; Michaels up with numbers
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9/23/2016 | CLHY | Market Commentary: American Builders, ON Semiconductor, Michaels Stores, Air Canada, Orion, DTI Holdco break
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9/15/2016 | CLHY | Market Commentary: Ineos Styrolution, Golden Nugget break; IP&S, Smart & Final, HD Supply revisions emerge
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7/15/2016 | BKHY | Moody’s upgrades Michaels
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7/21/2015 | BKHY | Moody's upgrades Michaels
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8/29/2014 | BKHY | Moody’s upgrades Michaels, notes
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6/9/2014 | HY | Market Commentary: Gibson Energy add-on prices; iStar, Gates Global, Chesapeake oilfield services unit slate deals
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6/6/2014 | HY | Market Commentary: Upsized, restructured DFC prices to cap $3.9 billion week, new bonds gain; Cascades treads water
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6/5/2014 | HY | Market Commentary: Ardagh, Cascades price dual-currency deals; Sprint up on merger talk; funds gain $302 million
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6/5/2014 | HY | New Issue: Michaels Stores prices $250 million tap of 5 7/8% notes at 102 to yield 5.505%
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6/5/2014 | BKDDHY | S&P: Michaels unchanged
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6/5/2014 | BKHY | Moody’s rates Michaels loan Ba3
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6/4/2014 | BKHY | S&P lowers Michaels debt, rates new loan B+
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1/15/2014 | HY | High-yield bond covenant quality improves in December, Moody's says
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12/18/2013 | HY | Market Commentary: Midday Commentary: Two high-yield bond deals on deck for Wednesday as primary winds down
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12/18/2013 | HY | Market Commentary: Darling prices, delayed Global Ship Lease next; market firms on Fed; Toys tumbles on numbers
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12/17/2013 | BKDDHY | Moody's rates Michaels notes Caa1
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12/17/2013 | HY | Market Commentary: Junk primary falls silent, though Darling on tap; new MGM trades actively; Frontier falls
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12/16/2013 | HY | New Issue: Michaels Stores sells $260 million 5 7/8% senior subordinated notes due 2020 at par
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12/16/2013 | HY | Market Commentary: Upsized First Data deal, MGM lead busy drive-by parade; new Halcon, CTP issues post gains
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12/16/2013 | HYLM | Michaels Stores to redeem $255 million 11 3/8% notes via new issue
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12/16/2013 | BKDDHY | S&P rates Michaels Stores notes CCC+
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12/16/2013 | HY | Michaels Stores pricing $260 million senior subordinated notes Monday
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8/13/2013 | DDHY | Moody's: Covenant quality falls slightly in July for high-yield bonds
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7/29/2013 | HY | Market Commentary: Sirius XM Radio, Icahn, Tesoro Logistics lead $2 billion session as market awaits Fed
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7/25/2013 | BKDDHY | S&P: Michaels Stores unchanged after add-on
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7/25/2013 | HY | Market Commentary: CIT Group, Parker Drilling, Woodside Homes, Atlas Resource price; funds jump by $3.3 billion
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7/24/2013 | HY | New Issue: Michaels prices upsized $800 million five-year PIK toggle notes at par to yield 71/2%
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7/24/2013 | HY | Market Commentary: Upsized Michaels, Gannett, Gibson price; busy Thursday on tap; Chemtura, Schaeffler slip
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7/24/2013 | BKDDHY | Moody's rates Michaels notes Caa1
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7/24/2013 | BKHY | S&P rates Michaels notes CCC+, view cut to stable
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7/24/2013 | HY | Michaels Stores plans $700 million five-year PIK toggle notes in Wednesday drive-by
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7/24/2013 | HY | Michaels Stores' toggle notes price with weakest covenant protection in retail sector: Moody's
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1/29/2013 | HYLM | Michaels calls $137 million 11 3/8% subordinated notes due 2016
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1/18/2013 | BKHY | Moody's rates Michaels loan B1
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1/17/2013 | BKDDHY | S&P rates Michaels loan BB-, upgrades notes
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11/2/2012 | HYLM | Michaels announces full $180 million redemption of 13% discount notes
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10/5/2012 | BKDDHY | Moody's ups Michaels notes
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9/21/2012 | BKHY | Moody's: Michaels notes B3
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9/20/2012 | HY | Michaels Stores plans $200 million add-on to 73/4% notes due 2018
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9/20/2012 | HY | New Issue: Michaels Stores prices $200 million tap of 73/4% notes due 2018 at 106.5 to yield 6.005%
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9/20/2012 | HY | Market Commentary: Valeant, Rockwood mega-deals pace nearly $6 billion session; funds post $1.36 billion gain
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8/23/2012 | BKHY | Michaels cuts debt by $163 million, has $627 million of availability
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4/12/2012 | BKDDHY | S&P upgrades Michaels
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4/3/2012 | BKDDHY | Moody's ups Michaels' CFR
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3/30/2012 | HYLM | Michaels Stores to redeem 13%, 11 3/8% notes using proceeds from IPO
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12/8/2011 | BKHY | Moody's: Michaels unchanged
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11/18/2011 | HYLM | Michaels Stores repurchases $25 million of notes in third quarter
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8/25/2011 | HYLM | Michael Stores buys back $31 million 13% discount notes in quarter
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5/26/2011 | HYLM | Michaels Stores repurchases $115 million of 13% discount notes
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5/19/2011 | BKHY | Moody's: Michaels unchanged
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4/6/2011 | BKHY | S&P ups Michaels to positive
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3/25/2011 | BKDDHY | Moody's ups Michaels liquidity rating to SGL-1
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10/21/2010 | HYLM | Michaels gets consents to amend 10% notes, plans to call the remainder
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10/12/2010 | HY | Market Commentary: Primary slate builds with Omnova, Sino-Forest deals; Fortescue hops while J.C. Penney flops
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10/8/2010 | HY | Market Commentary: Pricing parade pauses, but Clearwater, European deals slate; pre-holiday market firm, quiet
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10/8/2010 | BKDDHY | S&P upgrades Michaels loans, rates notes CCC
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10/7/2010 | HY | New Issue: Michaels Stores sells upsized $800 million 73/4% eight-year notes to yield 7 7/8%
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10/7/2010 | HY | Market Commentary: Avis, Cincinnati Bell, Michaels lead $2.5 billion day, Europe active, funds up $366 million
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10/6/2010 | HY | Market Commentary: Reynolds behemoth, DineEquity, Navios price, new debt up solidly; Alta Mesa next; market firm
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10/6/2010 | HYLM | Michaels begins tender offer, consent solicitation for 10% notes
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10/6/2010 | BKHY | Moody's rates Michaels bonds Caa1
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10/6/2010 | HY | Michaels Stores to sell $750 million seven-year notes to fund tender
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10/6/2010 | HY | Market Commentary: Reynolds behemoth, DineEquity, Navios price, new debt up solidly; Alta Mesa next; market firm
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6/7/2010 | BKDDHY | Moody's lifts Michaels
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5/28/2010 | HY | Market Commentary: Toys 'R' Us firms on IPO plan, ATP off again, junk mostly quiet in holiday-shortened session
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11/6/2009 | BKHY | S&P affirms Michaels
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10/27/2009 | BKDDHY | Moody's assigns Michaels loan B3
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10/1/2009 | HY | Market Commentary: Junk pressured by stocks; Tops prices; CIT level to down; Ford, GM off on sales; funds add $22.6 million
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8/28/2009 | HY | Market Commentary: AIG, Michaels, Kodak continue climbing; refiners, metals better; nothing seen in new issues
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8/26/2009 | HY | Market Commentary: Kodak, Smurfit among gainers, Isle of Capri off on numbers; primary set for September surge
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8/26/2009 | BKBWHY | Michaels Stores says loan amendment executed to increase flexibility
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8/25/2009 | HY | Market Commentary: Michaels up on numbers, CIT active as broad market quiet; Warner Chilcott details bond plans
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6/17/2009 | HY | Market Commentary: Terremark, Paetec, RailAmerica price deals, Quicksilver slates; E*Trade excels on debt plan
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6/16/2009 | HY | Market Commentary: Cinemark, Limited Brands price deals; Paetec, Real Mex hit the road; overall market easier
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6/8/2009 | HY | Market Commentary: Rite Aid, Clearwater price; new Holly bonds higher while Western waffles; Sallie Mae soars
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6/5/2009 | HY | Market Commentary: Re-tooled Western prices, Holly too; Thursday deals trade up; Michaels rises again, Cott adds
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6/4/2009 | HY | Market Commentary: Upsized Mariner, U.S. Oncology price; junk tone softer; Michaels up on results; funds jump $918 million
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4/9/2009 | HY | Market Commentary: Textron gains on sale rumors; Freescale jumps on asset sale news; retailers better; funds draw $680.8 million
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3/27/2009 | BKDDHY | Moody's downgrades Michaels
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12/3/2008 | HY | Market Commentary: Freeport freaks out investors; auto finance names gain; Constellation shines on planned debt-cutting
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10/15/2008 | HY | Market Commentary: Disappointing retail data hurts retailers; Ford, GM lower; Hertz continues decline; Brocade joins calendar
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9/25/2008 | HY | Market Commentary: Pilgrim's Pride's wings clipped; more WaMu weakness; Rite Aid Q2 a bitter pill; funds out $277 million
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9/16/2008 | BKHY | Moody's lowers Michael Stores
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8/27/2008 | HY | Market Commentary: IKON jumps on Ricoh buyout news; Quiksilver gains on asset sale; Michaels Stores slides after numbers
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7/11/2008 | HY | Market Commentary: Gaming leads 'mesmerized' market lower; energy gains, but not Tesoro; Freescale leads techs down
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3/24/2008 | BKHY | S&P cuts Michaels Stores to stable
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3/18/2008 | HY | Market Commentary: Thornburg up sharply on margin-call news; Michaels moves around; Ainsworth pulls secured notes deal
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2/4/2008 | HY | Market Commentary: Football hangover stills trading; acquisitive Freescale gyrates; builders, retailers gain; Solutia eases terms
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1/31/2008 | HY | Market Commentary: Freescale firmer after numbers; Ford Credit gets clocked; retailers recover; funds see $78 million outflow
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1/18/2008 | HY | Market Commentary: Sealy lower in sleepy session; Countrywide slide continues; MBIA notes still struggling
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11/21/2007 | HY | Market Commentary: ResCap bonds jump on tender offer, sale talk; Georgia Gulf off on plant fire news; IKON plans floater
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10/29/2007 | BKHY | S&P: Michaels outlook positive
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9/19/2007 | HY | Market Commentary: Upsized R.H. Donnelly deal prices, CompuCom too; housing continues rise, other sectors mostly up also
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11/9/2006 | HY | Market Commentary: HCA prices $5.7 billion deal; Dana jumps on plant-closing plans; funds see $39 million inflow
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10/30/2006 | HY | New Issue: Michael's Stores sells $250 million zero-coupon 10-year junior subordinated notes at 53.254 to yield 13%
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10/30/2006 | HY | Market Commentary: Dura seniors lower after Chapter 11; downsized Encore deal prices
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10/27/2006 | HY | Market Commentary: Host Hotels, Hexion price deals; Charter moves up
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10/26/2006 | HY | Market Commentary: MetroPCS prices $1 billion deal; Delphi, Lear up; funds see $27.3 million outflow
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10/25/2006 | BKDDHY | Moody's rates Michael's note Caa1
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10/25/2006 | HY | New Issue: Michael's Stores prices upsized $1.15 billion of notes in two tranches
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10/25/2006 | HY | Market Commentary: Michaels Stores, Level 3 price upsized deals; Trump continues climb
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10/24/2006 | HY | Market Commentary: HCA plans $5.7 billion deal; Level 3 slates offering; AMR flies on tender news
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10/23/2006 | HY | Market Commentary: Idearc, Sabine Pass, SuperValu slate big deals; Salton, Delphi gain on buyout speculation
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10/20/2006 | HY | Michael's Stores sets talk on $1.075 billion two-part notes offering
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10/20/2006 | HY | Market Commentary: AGY prices eight-year deal; airlines continue to soar; Salton up on takeover talk
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10/19/2006 | HY | Market Commentary: Buffets prices downsized, restructured deal; airline bonds keep flying; funds see $3 million inflow
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10/11/2006 | HY | Market Commentary: Harrah's weaker on stronger buyout bid; Cablevision continues bounce
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10/11/2006 | HY | Michaels Stores to start roadshow Thursday for $1.075 billion two-part note offering
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10/6/2006 | BKDDHY | S&P rates Michaels Stores, loan B-, notes CCC
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9/28/2006 | BKDDHY | Moody's rates Michael's loan B2, notes B2, Caa1
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9/1/2006 | HY | Market Commentary: Metaldyne bonds back off as buyout becomes official; holiday stills other activity
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8/21/2006 | HY | Market Commentary: Visteon, Metaldyne off on S&P downgrade warning; Amkor rises on default hopes
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8/16/2006 | HY | Michaels Stores $1.4 billion bonds expected September business
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8/16/2006 | HY | Market Commentary: Michaels Stores slates $1.4 billion offering; Sea Containers gains
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8/16/2006 | HY | Market Commentary: Michaels Stores slates $1.4 billion offering; Sea Containers gains
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8/1/2006 | BKHY | Michaels Stores reveals plans for $3.4 billion credit facility, $1.4 billion bonds
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5/23/2006 | HY | Market Commentary: Downsized Hanger Orthopedic deal prices; Avondale jumps on insurance settlement
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5/16/2005 | HY | Michaels Stores calls 91/4% notes
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4/11/2005 | HY | Michaels Stores plans to call $200 million 91/4% senior notes in July
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11/23/2004 | BKHY | Michaels Stores amends revolver to extend maturity, allow note redemption
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8/20/2003 | BKHY | S&P upgrades Michaels Stores
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6/19/2003 | BKHY | S&P cuts Playtex
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2/6/2003 | HY | Market Commentary: Upsized TRW mega-deal prices, trades up; covenant woes deflate Goodyear Tire bonds
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10/8/2002 | HY | Moody's cuts PG&E National Energy
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9/12/2002 | HY | S&P puts Georgia-Pacific on watch
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7/1/2002 | HY | Moody's cuts Vivendi Universal to junk
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10/11/2001 | HY | Moody's warns some retailers face glum outlook; others seen holding their own
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