The Michigan-based appliance maker plans to use proceeds from the bond sale to repay debt under its existing term-loan ...

PGIM High Yield Bond Fund offers a 9.11% yield, outperforming indices but lagging some peers. Click here to read more on ISD ...

Default rates on junk-rated corporate bonds, those with a BB- credit rating or lower, look to have leveled off in recent months around 4%. That in itself is a pretty low level historically ...