A $5 million piece of Adelphia Communications' bank debt traded up to 99 7/8. Nextel Communications bids are down slightly to 99 1/2 on the "D" paper and par 1/4 on the "B/C" tranche. Allied Waste is quoted at 98 1/4.
On the distressed side, dealers say a $20 million piece of Integrated Health Services traded between 37 and 38. A $22 million piece of Owens Corning traded at 37 late last week. Cinema chains Regal and Loews are both quoted up in the mid-70s.