4/3/2025 | HY | Market Commentary: Corporate paper plunges; Michaels, iHeart in crosshairs; New Fortress Energy sinks
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4/3/2025 | HY | Market Commentary: Junk: credit spreads blow out, secondary drops; Owens & Minor pares losses; Bausch falls
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3/25/2025 | BKDDHY | Moody's cuts New Fortress, rates loan B3
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3/17/2025 | HY | Market Commentary: Novolex joins shadow calendar; secondary quiet but firm; Cornerstone tanks on earnings
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3/14/2025 | HY | Market Commentary: Fortress Energy, Hertz bonds bounce higher; Sunnova Energy up on week; demand slows
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3/13/2025 | HY | Market Commentary: Hertz, Fortress Energy slide; Sunnova up; pharma pressured on Mallinckrodt, Endo deal
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3/12/2025 | HY | Market Commentary: Scripps lauded in secondary after upbeat quarter; New Fortress Energy pressure lingers
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3/11/2025 | HY | Market Commentary: New Fortress Energy bonds decline in secondary frenzy; Sunnova improves; Hertz tanks
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3/11/2025 | HY | Market Commentary: Three junk issuers bring single tranches; Rockies holds premium; Wayfair new paper lags
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2/28/2025 | CLHY | Market Commentary: Paragon Films, Performance Health, Brazos, New Fortress, WIN Waste, H.B. Fuller break
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2/26/2025 | CLHY | Market Commentary: Potters Industries, Patriot Rail break; Berkeley Research, New Fortress disclose talk
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2/6/2025 | BKHY | S&P trims New Fortress
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12/24/2024 | HY | Market Commentary: Junk liquidity grinds to a halt; MultiPlan skyrockets on exchange; New Fortress pushes higher
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12/23/2024 | HY | Market Commentary: Secondary liquidity thins; New Fortress in focus, pushes higher; Saks Global weaker
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12/19/2024 | BKHY | Fitch lowers New Fortress, rates notes B
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12/11/2024 | BKDDHYLM | New Fortress Energy closes second round of 2029 notes, draws loans
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12/5/2024 | HY | Market Commentary: Junk primary prices $2.38 billion; Hertz jumps on capital raise; funds add $429 million
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12/4/2024 | HY | Market Commentary: Rakuten, Crescent Energy price; Iron Mountain gains traction; New Fortress gains
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11/27/2024 | BKDDHYLM | New Fortress Energy amends TSA, issues 2029 notes, closes, amends loans
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11/26/2024 | BKHY | Moody’s lowers New Fortress, rates notes B2
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11/22/2024 | BKHY | S&P rates New Fortress notes B+
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11/7/2024 | BKDDHYLM | New Fortress enters agreement to implement TSA for three notes
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10/11/2024 | HY | Market Commentary: EchoStar mixed on new exchange offer; New Fortress Energy up; Spirit Airlines lower
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10/11/2024 | BKHY | Moody’s cuts New Fortress, puts on review
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10/2/2024 | HY | Market Commentary: ModivCare climbs as company collects outstanding checks; New Fortress Energy pressured
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10/1/2024 | HY | Market Commentary: New Fortress up on bond plans; DISH, Hughes mixed; distressed index strongest to date
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10/1/2024 | DDHYLM | New Fortress Energy enters TSA for notes due 2025, 2026, 2029
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9/30/2024 | BKDDHYLM | New Fortress Energy amends credit facilities, seeks other financing
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9/20/2024 | HY | Market Commentary: New Fortress Energy notes decline, lower on week; DISH stronger; distressed improves
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9/19/2024 | HY | Market Commentary: New Fortress Energy pressured amid shareholder lawsuit, debt load; Gray Media up
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8/26/2024 | HY | Market Commentary: Prime Healthcare improves; New Fortress gains strength; JetBlue active
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8/20/2024 | BKHY | Moody's changes NFE outlook to negative
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8/19/2024 | HY | Market Commentary: Allied Universal prices tap; JetBlue strengthens; New Fortress downtrend continues
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8/12/2024 | BKHY | Fitch nicks New Fortress Energy
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8/1/2024 | BKHY | S&P lowers New Fortress Energy
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7/19/2024 | HY | Market Commentary: Morning Commentary: New Fortress Energy bonds up a point on fast LNG news
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7/17/2024 | HY | Market Commentary: Summit Midstream, Nabors drive by; R.R. Donnelley joins junk calendar; Spirit pressured
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7/16/2024 | HY | Market Commentary: Euro primary active; secondary quiet but firm; Citrix active; New Fortress, McAfee improve
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6/14/2024 | HY | Market Commentary: Junk soft at week’s end; Williams Scotsman holds; Crescent Energy weaker; New Fortress bounces
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6/11/2024 | HY | Market Commentary: Junk market: Virtu prices; Buckeye holds premium; Hertz hurts as debt sale stalls
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3/19/2024 | HYLM | New Fortress 6¾% notes tender offer oversubscribed by early deadline
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3/6/2024 | HY | Market Commentary: Xerox prices ‘blowout’ junk deal; CoreCivic surges; New Fortress adds; Rithm fades
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3/5/2024 | HY | Market Commentary: Junkland: Rithm Capital, New Fortress, CoreCivic price; Clear Channel, Cleveland-Cliffs flat
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3/5/2024 | HYLM | New Fortress ups cap in tender offer for 6¾% notes to $375 million
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3/5/2024 | HY | New Issue: New Fortress Energy prices upsized $750 million five-year notes at par to yield 8¾%
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3/5/2024 | HY | Market Commentary: Morning Commentary: Junk opens unchanged as Treasuries rally; three new deals on deck
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3/5/2024 | HYLM | New Fortress Energy offers to buy $250 million of 6¾% notes due 2025
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3/4/2024 | HY | Market Commentary: Clear Channel, USA Compression, Cleveland-Cliffs price; calendar balloons; Spirit Aero gains continue
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3/4/2024 | HY | Market Commentary: Clear Channel, USA Compression, Cleveland-Cliffs price; calendar balloons; Spirit Aero gains continue
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3/4/2024 | BKHY | S&P gives New Fortress notes BB-
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3/4/2024 | BKHY | Moody’s assigns New Fortress notes B1
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3/4/2024 | HY | New Fortress Energy to price $500 million notes on Tuesday; initial talk high-8% to low-9% area
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3/4/2024 | BKHY | Fitch rates New Fortress notes BB-
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10/27/2023 | CLHY | Market Commentary: New Fortress Energy loan changes emerge; Cook & Boardman tables term loan transaction
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10/16/2023 | CLHY | Market Commentary: Consolidated Communications gains; Action accelerated; New Fortress, Acrisure set talk
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10/16/2023 | BKHY | Fitch gives New Fortress facility BB-
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10/16/2023 | BKHY | Moody’s rates New Fortress loan Ba3
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10/16/2023 | BKHY | S&P assigns New Fortress loan BB
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10/13/2023 | CLHY | Market Commentary: HomeServe, Gentiva term loans free to trade; New Fortress Energy readies deal
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2/28/2023 | BKBWHY | New Fortress lifts liquidity by boosting revolver, letter of credit
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12/21/2022 | BKHY | S&P ups New Fortress notes
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12/20/2022 | BKHY | Moody’s views New Fortress negatively
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3/1/2022 | HY | Market Commentary: BellRing returns in junkland; rate-sensitive names up; Endo drops, New Fortress improves
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12/2/2021 | BKHY | Moody's turns New Fortress view to positive
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11/22/2021 | BKHY | S&P raises New Fortress Energy
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9/1/2021 | BKHY | S&P gives New Fortress notes B+
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7/21/2021 | BKBWHY | New Fortress Energy funds CapEx via credit facility, letter of credit
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3/30/2021 | HY | Market Commentary: United Wholesale prices; secondary holds as rates jump; BWX on a 101-handle; Parkland up
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3/29/2021 | HY | Market Commentary: Four drive-by deals price; forward calendar grows; Burford, Fortress at a premium; American Airlines active
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3/26/2021 | HY | New Issue: Fortress Energy prices $1.5 billion 5.5-year secured notes at par to yield 6½%
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3/26/2021 | HY | New Fortress Energy talks $1.5 billion 5.5-year secured notes to yield 6¼%-6½%; pricing Friday
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3/24/2021 | BKHY | Moody's rates New Fortress notes B1
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3/23/2021 | HY | New Fortress Energy sets roadshow for $1.5 billion 5.5-year notes
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3/23/2021 | BKHY | Fitch assigns New Fortress, notes BB-
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12/15/2020 | HY | New Issue: New Fortress Energy prices $250 million tap of 6¾% secured notes due 2025 at 105.25
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12/15/2020 | HY | New Fortress Energy to sell $250 million tap of 6¾% secured notes due 2025 in Tuesday drive-by
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8/24/2020 | HY | Market Commentary: IPL Plastics eyes offering; New Fortress firm; American Airlines varies; Carnival eyed; Revlon diverges
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8/24/2020 | HY | Market Commentary: Morning Commentary: Trading, bond issuance muted as Dog Days descend upon junk market
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8/20/2020 | HY | Market Commentary: Sabre upsizes, prices; Genworth soars; New Fortress at a premium; Pike flat
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8/19/2020 | HY | Market Commentary: Wynn Macau, Genworth, Pike, New Fortress price; Southwestern Energy, ON Semiconductor trade up
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8/19/2020 | HY | New Issue: New Fortress Energy prices upsized $1 billion five-year notes at par to yield 6¾%
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8/19/2020 | BKHY | Moody's rates New Fortress notes B1
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8/19/2020 | HY | New Fortress Energy talks $800 million five-year notes at 6 7/8% area; pricing Wednesday
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8/18/2020 | HY | Market Commentary: ON Semiconductor, Southwestern Energy, iStar, Hannon Armstrong price; GFL lags
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8/17/2020 | HY | Market Commentary: GFL, NCR price; Xerox, Lamar add-on; Carnival’s new notes lag; LogMeIn, PRA Group gain
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8/17/2020 | BKHY | S&P rates New Fortress notes B+
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