Distressed Names Fall, Bounce Back With Market

12 Jul 2007

Distressed credits like Aveta and Movie Gallery moved with the flow of the secondary environment last week, slipping on Wednesday as the market softened and bouncing back by Thursday.

Distressed credits like Aveta and Movie Gallery moved with the flow of the secondary environment last week, slipping on Wednesday as the market softened and bouncing back by Thursday. "Everything's up a point to a half-point," a dealer said Wednesday. Aveta's troubled term loan "B" was quoted in ...

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