Latest Bond Stories

Zions Direct Municipal Bond Market Snapshot for Week Ending September 7, 2012

2012-09-11 10:24:07

SALT LAKE CITY, Sept. 11, 2012 /PRNewswire/ -- Zions Direct, the online broker-dealer that allows its customers to purchase municipal bonds in its daily web-based auctions, announces its weekly auction results. Since 2006, Zions Direct has auctioned over $1.9 billion in more than 6,000 fixed-income auctions. (Logo: http://photos.prnewswire.com/prnh/20110914/SF68814LOGO) In auctions closed from September 3, 2012 to September 7, 2012, investors purchasing municipal bonds in the...

Ziegler Closes $150 Million Financing for Covenant Retirement Communities

2012-09-08 23:02:35

Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $150,170,000 Series 2012 financing for Covenant Retirement Communities (CRC). CRC is a multi-site system that has 12 continuing care retirement communities (CCRCs) located in eight different states (IL, CO, WA, CA, FL, CT, MI, & MN). CRC has been serving seniors through its mission since 1886. Today, CRC is the fifth largest not-for-profit senior living provider nationally, as ranked by the...

Ziegler Closes $119 Million Financing for The Barrington of Carmel

2012-09-07 23:04:23

Ziegler, a specialty investment bank, is pleased to announce the successful closing of The Barrington of Carmel $119,020,000 Series 2012 Bond issue for Senior Quality Lifestyles Corporation and The Mayflower Communities, Inc. The Barrington of Carmel (Barrington) is a senior living community located in Carmel, Indiana to be developed, owned, and operated by Mayflower Communities, Inc. (Mayflower), a Delaware not-for-profit corporation established in November 2007. In August 2012, Carmel,...

VWR Funding, Inc. Announces Early Tender Results for Its Tender Offer to Purchase Any and All of Its Existing PIK Toggle Notes

2012-09-04 06:27:47

RADNOR, Pa., Sept. 4, 2012 /PRNewswire/ -- VWR Funding, Inc. (the "Company"), today announced the early tender results of its previously announced cash tender offer (the "tender offer") for any and all of its outstanding 10.25%/11.25% Senior PIK Toggle Notes due 2015 (the "Notes"). The tender offer includes a concurrent consent solicitation (the "consent solicitation") respecting indenture amendments (the "proposed amendments") that would significantly modify and remove certain...

Hornbeck Offshore Announces Expansion of OSV Newbuild Program #5, Commencement of 200 Class Retrofit Program, and Other Recent Developments

2012-09-04 02:20:16

COVINGTON, La., Sept. 4, 2012 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that it has expanded its OSV Newbuild Program #5 and has commenced a new 200 Class OSV Retrofit Program, among other recent developments. Following are highlights of this announcement: Exercises first four of 48 shipyard options for two additional 310 class OSVs and two additional 320 class OSVs Extends exercise dates for 44 remaining options by ~60 days each, while...

FriendFinder Networks Inc. Clarifies Inaccurate Bloomberg Reporting

2012-08-30 14:26:19

SUNNYVALE, Calif., Aug. 30, 2012 /PRNewswire/ -- FriendFinder Networks Inc. (NasdaqGM: FFN) ("the Company"), a leading internet and technology company providing services in the rapidly expanding markets of social networking and web-based video sharing, in response to an inaccurate article posted on Bloomberg on Thursday, August 30, 2012, wishes to clarify that it is currently in compliance with, or has waivers for, all loan covenants. Although subsequently corrected, Bloomberg...

Bachoco Informs Bond Issuance

2012-08-29 14:22:48

CELAYA, Guanajuato, Mexico, Aug. 29, 2012 /PRNewswire/ -- Industrias Bachoco S.A.B. de C.V. ("Bachoco" or "the Company") (NYSE: IBA; BMV: Bachoco), Mexico's leading producer and processor of poultry and other food products, announced today that it has successfully issued bonds for Ps. 1,500 million through the public issuance of local bonds ("Certificados Bursatiles") in the local debt capital markets for a tenor of 5 years, maturing in 2017. The bonds issued by Bachoco will have interest...

China Yuchai Announces Issuance of Short-Term Financing Bonds by Key Subsidiary

2012-08-28 02:20:21

SINGAPORE, Aug. 28, 2012 /PRNewswire-Asia-FirstCall/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that its key subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL") has received approval from China's National Association of Financial Market Institutional Investors ("NAFMII") for the issuance of RMB-denominated, unsecured, short-term financing bonds ("Bonds") amounting to RMB 1 billion. The Bonds will be issued on...

ShareBuilder from ING DIRECT Investing Launches Online Bond Funds Center

2012-08-23 02:29:19

SEATTLE, Aug. 23, 2012 /PRNewswire/ -- ShareBuilder from ING DIRECT Investing today introduced an online Bond Funds Center offering easy access to fixed income mutual funds and ETFs, and featuring educational tools and resources designed to help self-directed investors learn about and diversify in fixed income(1). (Logo: http://photos.prnewswire.com/prnh/20120509/PH03456LOGO ) "As with any investment, fixed income or 'bond' funds are subject to risk, but they also offer...

VWR Funding, Inc. Announces Tender Offer Of Existing PIK Toggle Notes

2012-08-20 02:29:52

RADNOR, Pa., Aug. 20, 2012 /PRNewswire/ -- VWR Funding, Inc. (the "Company"), the parent company of VWR International, LLC, a leading global laboratory supply and distribution company, announced today that it is commencing a tender offer to purchase any and all of its outstanding 10.25%/11.25% Senior PIK Toggle Notes due 2015 (the "Notes") through a cash tender offer (the "Tender Offer") with a portion of the proceeds from the Company's concurrent private placement of Senior Notes...