Corporates

GET OUR CORPORATE MARKET SUMMARIES STRAIGHT TO YOUR INBOX.  LEARN MORE

High Yield Corporate Bond Market Summary:
Week Ending 2/26/21

Our newsletter presents key trends derived from observable High Yield Corporate Bond pricing data over a weekly period.

Quick Links

Top 10 Winners

Showcases the top 10 HY Corp “winners” based on the largest bid price increases between 2/19/21 – 2/26/21

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 AMC 5.75 6/15/2025 5.75% 06/15/25 28.94% 58.38 45.28
2 MDLNIJ 10.75 8/30/2021 10.75% 08/30/21 14.13% 37.32 32.70
3 CDRSM 6.75 11/1/2021 6.75% 11/01/21 13.54% 57.42 50.57
4 VTG 9.25 11/15/2023 REGS 9.25% 11/15/23 11.89% 81.40 72.75
5 HTZ 6.25 10/15/2022 6.25% 10/15/22 10.41% 76.33 69.14
6 AMIGLN 7.625 1/15/2024 7.63% 01/15/24 9.98% 71.33 64.86
7 PBFENE 6 2/15/2028 6.00% 02/15/28 9.77% 63.03 57.42
8 ASRIIJ 6.25 11/2/2025 6.25% 11/02/25 9.54% 80.80 73.77
9 DLLTD 8 4/1/2025 144A 8.00% 04/01/25 9.09% 81.14 74.38
10 CBL 5.25 12/1/2023 5.25% 12/01/23 9.06% 43.31 39.71

Top 10 Losers

Showcases the top 10 HY Corp “losers” based on the largest bid price decreases between 2/19/21 – 2/26/21

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 DSPORT 6.625 8/15/2027 144A 6.63% 08/15/27 -9.78% 51.18 56.73
2 ERESQD 4.375 5/18/2021 4.38% 05/18/21 -7.27% 90.25 97.33
3 GRTWST 12 9/1/2025 144A 12.00% 09/01/25 -7.08% 89.59 96.42
4 BTU 6.375 3/31/2025 6.38% 03/31/25 -5.50% 49.01 51.86
5 FRETAI 5.6 1/22/2025 REGS 5.60% 01/22/25 -4.91% 84.06 88.40
6 DOMREP 5.875 1/30/2060 REGS 5.88% 01/30/60 -4.67% 96.89 101.64
7 BRAZIL 5 1/27/2045 5.00% 01/27/45 -4.51% 97.71 102.33
8 TEVA 4.1 10/1/2046 4.10% 10/01/46 -4.50% 85.06 89.07
9 TURKEY 4.875 4/16/2043 4.88% 04/16/43 -4.47% 80.67 84.45
10 YPFDAR 6.95 7/21/2027 144A 6.95% 07/21/27 -4.26% 63.69 66.52

Avg Industry Price

Displays the HY Corp average industry price by sector between 2/19/21 – 2/26/21

Results are based on 5 select industry sectors, however, we offer data across 36 sectors

Sentiment

Reveals the percent of HY Corps increasing in price (advancers) vs. HY Corps decreasing in price (decliners) between 2/19/21 – 2/26/21

Top Quote Volume Movers: This Week vs Last Week

Exhibits the HY Corps with the largest increase in quote volume for the week ending 2/19/21 vs. the week ending 2/26/21

RANK TRANCHE COUPON MATURITY PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 YPFDAR 1.5 9/30/2033 REGS 1.50% 09/30/33 1 162 161 16100%
2 GDDY 5.25 12/1/2027 144A 5.25% 12/01/27 50 188 138 276%
3 KHC 3.75 4/1/2030 3.75% 04/01/30 67 192 125 187%
4 TSCOLN 0.375 7/27/2029 0.38% 07/27/29 25 146 121 484%
5 ARNC 5.87 2/23/2022 5.87% 02/23/22 40 156 116 290%
6 IVYCST 4.875 1/30/2032 REGS 4.88% 01/30/32 20 132 112 560%
7 HWM 5.125 10/1/2024 5.13% 10/01/24 60 169 109 182%
8 ARNC 6.125 2/15/2028 144A 6.13% 02/15/28 46 154 108 235%
9 APICOR 1.26 2/10/2026 1.26% 02/10/26 11 115 104 945%
10 AMAGGI 5.25 1/28/2028 144A 5.25% 01/28/28 77 180 103 134%

Most Quoted HY Corps

Ranks the HY Corps that were quoted by the highest number of dealers between 2/19/21 – 2/26/21

RANK TRANCHE COUPON MATURITY DEALERS
1 PETBRA 8.75 5/23/2026 8.75% 05/23/26 34
2 SBAC 4 10/1/2022 4.00% 10/01/22 33
3 AMC 10.5 4/15/2025 144A 10.50% 04/15/25 33
4 AMCX 4.75 12/15/2022 4.75% 12/15/22 33
5 THC 7 8/1/2025 7.00% 08/01/25 33
6 PETBRA 7.375 1/17/2027 7.38% 01/17/27 32
7 AMC 12 6/15/2026 144A 12.00% 06/15/26 32
8 PETBRA 6.875 1/20/2040 6.88% 01/20/40 32
9 PETBRA 6.25 3/17/2024 6.25% 03/17/24 32
10 ST 6.25 2/15/2026 6.25% 02/15/26 32

Bid-Offer Spread by Industry

Displays the HY Corp average bid-offer spread by industry between 2/19/21 – 2/26/21

Results are based on 5 select industry sectors, however, we offer data across 36 sectors

Bid and Offer Volume

Reveals the total number of quotes by bid and offer between 2/19/21 – 2/26/21

Stay up-to-date with weekly summaries.

SUBSCRIBE

Stay up-to-date with weekly summaries and blogs.

SOLVE Media & Insights Examples

MARKET SUMMARIES

INSIGHTS

NEWS & ANNOUNCEMENTS