Weekly Trade Round Up

04 Jun 2008

Greektown Casinos’ term loan “B” moved up this morning after the company received approval for a $51.3 million debtor-in-possession financing from the U.S. Bankruptcy Court in Detroit; Dex Media West broke for trading yesterday at 97, below its original issue discount of 98; Verizon Wireless is in talks to acquire Alltel Corp., the wireless carrier that was taken private last year by TPG and GS Capital Partners

Greektown Credit Move Up

Greektown Casinos’ term loan “B” moved up this morning after the company received approval for a $51.3 million debtor-in-possession financing from the U.S. Bankruptcy Court in Detroit. Its term loan “B” traded up to 94 1/4-951/4, midday today, from 92-93 3/4 last Friday. “It ...

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