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One Year Ago In The Credit Markets

Movie Gallery's bonds dropped 26 points as the company sought an amendment to its credit facility.

Movie Gallery's bonds dropped 26 points as the company sought an amendment to its credit facility. Its 11% '12 bonds fell to 52, while its term loan fell two points to 90 [The company's "B" term loan broke for trading at par 7/8-101 1/4 last Wednesday.

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