CREDIT DAYBOOK AMERICAS: Comcast Spinoff Is Set to Raise $1.75b

Versant Media’s $1.75 billion leveraged-finance deal could price as soon as Thursday, ahead of the cable-channel operator’s pending spinoff from Comcast.

• Proceeds from the junk-bond and leveraged-loan sales would largely go toward making a distribution to Comcast, which announced the planned spinoff nearly a year ago
• Versant is among seven loan transactions with lender commitments due Thursday
• Meanwhile, one investment-grade bond deal has already arrived, with Pershing Square Holdings offering a seven-year note
• Watch bonds of oil companies as crude prices jumped after the US announced sanctions on Russia’s biggest producers
• Thursday morning’s earnings announcements have so far included an ...