Corporates
October 2025

High Yield Corporate Bond Market Summary – Week Ending 10/24/25

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

Forward Calendar

The following are lists of upcoming high-yield corporate bond offerings in the United States

Issuer Deal Information Banks Expected Issue Date
CENTERFIELD MEDIA HOLDINGS, LLC $785 million five year senior secured notes BofA Q4 2025
VERSANT MEDIA GROUP $1 billion senior secured notes GS Q4 2025
ENERGOS INFRASTRUCTURE $1.5 billion senior secured notes CITI Q4 2025
BRIGHTSPEED $1.865 billion senior secured notes Q4 2025
AMPLIFY ENERGY CORP. Expected $150 million five-year senior notes ASAS Q4 2025
CHUCK E. CHEESE $660 million five-year senior secured notes (B3/B-) JPM Q4 2025
HANESBRANDS INC. $500 million unsecured notes JPM Q4 2025

Top 10 Performers

Showcases the top 10 HY Corp performers based on the largest bid price increases between 10/17/25 – 10/24/25

Rank Bond Name Coupon Maturity Change PRC PRC-1W Dealers
1 VLLPM 9.375 7/29/2029 9.38% 07/29/29 ▲ 12.92% 59.95 53.09 15
2 WLNFP 0.875 6/30/2027 0.88% 06/30/27 ▲ 11.30% 87.17 78.32 24
3 VENZ 7 3/31/2038 7.00% 03/31/38 ▲ 9.17% 26.26 24.06 22
4 ETHOPI 6.625 12/11/2024 REGS 6.63% 12/11/24 ▲ 7.32% 102.14 95.18 12
5 NWDEVL 4.8 PERP 4.80% ▲ 7.17% 39.48 36.84 15
6 BRASKM 4.5 1/31/2030 REGS 4.50% 01/31/30 ▲ 6.37% 40.79 38.35 24
7 CYH 6.875 4/15/2029 144A 6.88% 04/15/29 ▲ 4.74% 83.80 80.01 25
8 ATOFP 1 12/18/2032 REGS 1.00% 12/18/32 ▲ 4.44% 56.64 54.23 18
9 OMI 4.5 3/31/2029 144A 4.50% 03/31/29 ▲ 4.15% 81.48 78.24 22
10 BHCCN 5 2/15/2029 144A 5.00% 02/15/29 ▲ 3.33% 77.27 74.78 20

Bottom 10 Performers

Showcases the bottom 10 HY Corp performers based on the largest bid price decreases between 10/17/25 – 10/24/25

Rank Bond Name Coupon Maturity Change PRC PRC-1W Dealers
1 CONSEN 12 2/15/2031 REGS 12.00% 02/15/31 ▼ -10.27% 70.31 78.36 20
2 NFE 12 11/15/2029 144A 12.00% 11/15/29 ▼ -9.19% 29.47 32.46 24
3 QVCN 5.45 8/15/2034 5.45% 08/15/34 ▼ -8.42% 46.35 50.61 17
4 MERC 12.875 10/1/2028 144A 12.88% 10/01/28 ▼ -6.88% 84.70 90.96 25
5 CSNABZ 4.625 6/10/2031 REGS 4.63% 06/10/31 ▼ -6.87% 74.56 80.06 20
6 CSCHLD 5.75 1/15/2030 144A 5.75% 01/15/30 ▼ -6.81% 36.75 39.44 20
7 LABL 8.625 10/1/2031 144A 8.63% 10/01/31 ▼ -6.11% 66.00 70.29 19
8 GFKLDE 9 9/1/2028 REGS 9.00% 09/01/28 ▼ -5.96% 84.52 89.88 16
9 DSPPHA 6.75 5/30/2030 144A 6.75% 05/30/30 ▼ -5.43% 88.98 94.09 7
10 GTE 9.5 10/15/2029 144A 9.50% 10/15/29 ▼ -5.12% 76.10 80.20 24

Avg Industry Price

Displays the HY Corp average industry price by sector between 10/17/25 – 10/24/25 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 10/17/25 – 10/24/25

Top Quote Volume Movers: This Week vs Last Week

Exhibits the HY Corps with the largest increase in quote volume for the week ending 10/17/25 vs. the week ending 10/24/25

Rank Tranche Coupon Maturity Prior Week This Week Increase % Increase
1 AMBIBZ 10.875 2/5/2033 144A 10.88% 02/05/33 44 220 176 ▲ 400%
2 CSNABZ 6.75 1/28/2028 144A 6.75% 01/28/28 46 214 168 ▲ 365%
3 NEXA 6.75 4/9/2034 144A 6.75% 04/09/34 34 166 132 ▲ 388%
4 DOLCTH FLT 7/14/2032 144A 5.70% 07/14/32 32 150 118 ▲ 369%
5 BLCOCN 8.375 10/1/2028 REGS 8.38% 10/01/28 76 190 114 ▲ 150%
6 ARESSI 5.8 9/9/2030 REGS 5.80% 09/09/30 74 185 111 ▲ 150%
7 ARESSI 5.45 9/9/2028 144A 5.45% 09/09/28 72 178 106 ▲ 147%
8 ARESSI 5.45 9/9/2028 REGS 5.45% 09/09/28 72 178 106 ▲ 147%
9 CCOI 6.5 7/1/2032 144A 6.50% 07/01/32 102 200 98 ▲ 96%
10 QNTELE 6.25 8/15/2033 144A 6.25% 08/15/33 63 150 87 ▲ 138%

Most Quoted HY Corps

Ranks the HY Corps that were quoted by the highest number of dealers between 10/17/25 – 10/24/25

Rank Tranche Coupon Maturity Dealers
1 BACR 6.125 PERP 0.00% 10/25/29 39
2 INTNED 5.75 PERP 8.08% 37
3 SANTAN 8 PERP 7.65% 37
4 BACR 7.625 PERP 7.63% 37
5 BNP 9.25 PERP 144A 8.71% 36
6 BNP 4.625 PERP REGS 6.94% 36
7 BACR 9.625 PERP 9.63% 36
8 SANTAN 9.625 PERP 9.05% 36
9 SANTAN 9.625 PERP 9.04% 36
10 BNP 9.25 PERP REGS 8.71% 36

Bid-Offer Spread by Industry

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 10/17/25 – 10/24/25



Subscribe
SHARE

Related Resources

About SOLVE

SOLVE is the leading market data platform provider for fixed-income securities, trusted by sophisticated buy-side and sell-side firms worldwide. Founded in 2011, SOLVE leverages its AI-driven technology and deep industry expertise to offer unparalleled transparency into markets, reduce risk, and save hundreds of hours across front-office workflows. With the largest real-time datasets for Securitized Products, Municipal Bonds, Corporate Bonds, Syndicated Bank Loans, Convertible Bonds, CDS, and Private Credit, SOLVE empowers clients to transform the way they bring new securities to market, trade on secondary markets, and value highly illiquid securities. Headquartered in Connecticut, with offices across the globe, SOLVE is the definitive source for market pricing in fixed-income markets.