One Year Ago In The Credit Markets - July 23, 2007

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One Year Ago In The Credit Markets - July 23, 2007

July 20, 2007 12:00 am

The $800 million covenant-lite term loan for Toys "R" Us shot up through 101 on the break after a tough bout through syndication in which pricing was jacked up and call protection and an original issue discount was added.

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