Willbros, DriveTime Auto may sell US junk bonds


By Dena Aubin NEW YORK, May 27 (Reuters) - A rally in global equities may help independent oil and gas contractor Willbros Group Inc and used car retailer DriveTime Automotive sell the first U.S. junk bonds since last week as risk appetite revives. Willbros' $250 million issue is expected to yield about 12 percent and is set to be priced on Thursday, according to IFR, a Thomson Reuters service. DriveTime's $200 million issue is expected to yield about 12.875 percent and is also expected ...

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