Carmike Trades Up On Break

28 Jan 2010

Carmike Cinemas’ $305 million term loan traded up on the break yesterday, rising more than a point after the deal was met with strong demand.

--Libby Sallaberry

Carmike Cinemas’ $305 million term loan traded up on the break yesterday, rising more than a point after the deal was met with strong demand. “That deal went well,” commented one portfolio manager.

The loan traded up to 100-100 3/8 yesterday after breaking at its original issue discount ...

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