Momentive Performance Materials Inc. and Momentive Specialty Chemicals Inc. , the chemical makers owned by Apollo Management LP, are planning to sell debt as the number of defaults on high-yield, high-risk bonds slides.
Apollo Management LP is the leading candidate to buy Zale Corp.’s chain of mall-based jewelry kiosks called Piercing Pagoda, the Wall Street Journal said, citing unidentified people with knowledge of the negotiations.
Cedar Fair LP , the operator of amusement parks that called off a takeover by an Apollo Management LP affiliate, is marketing debt as investors may regain their appetite for high-yield, high-risk bonds.
Fidelity National Information Services Inc. , the payment-processor that private-equity firms including Blackstone Group LP sought to buy, is marketing debt after corporate bond sales fell to a six-week low.
Bank of New York Mellon Corp. and federal prosecutors are close to settling some claims in a government lawsuit accusing the bank of overcharging customers for foreign-exchange trading, according to a court filing.