A $10 million block of Exide Technologies' bank debt traded up roughly two to three points this week in the 59-60 range. The company has filed a request with the bankruptcy court authorizing the payment of due diligence fees for exit financing. Exide is currently negotiating a $400-450 million exit financing with a number of firms, noted Matthew Kleiman, a partner at Kirkland & Ellis and an attorney for Exide. Kleiman suggested that the pursuit of exit financing could be an indication that the company was getting closer to its goal of emerging from bankruptcy in the fall. The battery maker filed for bankruptcy last April. Calls to Biagio Vignolo, executive v.p. and cfo, were not returned.