One Year Ago In The Credit Markets

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One Year Ago In The Credit Markets

Collins & Aikman 10.75% '06 bonds fell seven points to 39.75 on fears the proposed joint venture between Lear Corp. and WL Ross & Co. would fall apart.

Collins & Aikman 10.75% '06 bonds fell seven points to 39.75 on fears the proposed joint venture between Lear Corp. and WL Ross & Co. would fall apart. [The company's debt has bounced around since then. Its term loan "B" was trading in the 57-58.5 context as of last Thursday, according to Markit.]

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