One Year Ago In The Credit Markets

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One Year Ago In The Credit Markets

Investors complained about LIBOR plus 1 3/4% pricing on Citigroup's $2.7 billion deal for Eastman Kodak.

Investors complained about LIBOR plus 1 3/4% pricing on Citigroup's $2.7 billion deal for Eastman Kodak. [At the beginning of August the company reported its seventh successive quarterly net loss. However, its term loan "B" rose slightly the past month and was trading between 99.943-100.330 last Thursday, according to Markit.]

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