TC having trouble getting $350 million... along with others
"Other issuers had to revise their offerings to get them through. Bubble wrap-maker Sealed Air, for instance, cut its US$850m offering in half, dropping the 10-year tranche and going with a US$425m eight-year bullet issue that priced at 6.5% at par, outside and wide of its 6.25% price talk.
Elsewhere, Alliance Data Systems shortened the maturity of its bond from a six-year to a five-year, ambulatory surgery center operator AmSurg dropped its special call, and Thompson Creek Metals shortened the maturity of its bond from 5.25y to 5y and its non call period was lengthened to NC3 from NC2.25."