High Yield Bonds
High Yield Bonds
http://www.directcreditonline.com/high-yield
Silverton Casino Mortgage Securities Expansion
Silverton Casino Hotel Resort:
$215 million in 8-year second-mortgage notes noncallable for 4 years. Via Banc of America Securities. Proceeds will fund an expansion of the Silverton Casino Hotel Resort in Las Vegas, NV. Pricing expected: N/A.
Harrah's Entertainment Inc. $7.25 billion loan / $2 billion revolving credit
Harrah's Entertainment (NYSE:HET):
Harrah's Entertainment: Bankers to market part of the $7.25 billion
loan deal, part of the $2 billion revolving credit facility, and part of the
$5.275 billion cash-pay notes.
$475 Million High-Yield Bonds Offered to UTAC
SINGAPORE - The private equity firms buying Singapore's United Test & Assembly Center intend to offer $475 million worth of high-yield bonds to help fund the acquisition.
The $475 million high-yield bond offering comes on top of a $625 million term loan facility and $150 million revolving facility that Global A&T is proposing.
TPG Capital and Affinity Equity Partners, through a special purpose vehicle called Global A&T Electronics Ltd, will soon offer notes due 2015 to certain institutional investors (an indicative yield for the bonds has not been set).