Voyage Care Sterling Notes Fall to Fresh Lows
(Bloomberg) -- iTraxx Crossover index narrows for a 4th session to lowest level since Aug. 30.
Voyage Care 05/23 secured notes marked 0.9 pence lower at 99.1 bid, their lowest level since they were issued in April 2017; the co. held a conference call on its 1Q/18-19 earnings on Wednesday, according to Lucror analysts, who added that the quarterly performance was poor, with staff cost inflation and sleep-ins weighing on results.
Amigo 01/24 senior secured notes weaken 0.4 points to 99.2 bid; co. said today that Richmond Group’s representative James Benamor intends to resign from the company’s board with effective from September-end.
Constellium 02/26 bonds decline to 100.7 bid after co. on Wednesday signed a multi-year agreement with Boeing to support its leading commercial airplane programs.
Thomas Cook 06/22 notes weaken nearly half a point to 104.4 bid; tour operator says it found high levels of bacteria at an Egyptian hotel where a British couple died last month.
Codere 11/21 bonds weaken to 90.6 bid ahead of 2Q results, which are expected after market close.
In primary, price talk is released for loans from Circet, DSM Sinochem.
In bonds, price talk is out for Dometic Group and Maxmia Grupe.
2018-09-06 12:11:29.919 GMT
By Charles Daly