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Pricing was cut a further 25 basis points on Kohlberg Kravis Roberts & Co. portfolio company Accuride Corp.'s credit facility last week.

ITC^DeltaCom's bank debt reportedly tumbled into the low 80s from the mid 90s after a private lender call Wednesday.

Compensation for leveraged finance pros at the top banks spiked for 2004 after a year of hectic sponsor activity, an explosion in second-lien loan volume and monster leveraged loan issuance.

Gordon Muessel, managing partner at recruitment firm Libertas Group, on bonuses this year.

A National Association of Securities Dealers proposal could delay the speed at which new deals are brought to the market by subjecting some underwriting fees to review, claims The Bond Market Association.

Casino companies are cashing in on lender and investor appetite. Station Casinos is one of the latest gaming companies to tap the loan market, doubling its revolver to $1 billion to develop projects in Las Vegas.

President Bush's proposed Social Security reform could cause the Treasury to increase borrowing, specifically in three-year and TIPS auctions, resulting in a sell off in the belly of the curve, predicted Kathleen Bostjancic, senior economist at Merrill Lynch.

This chart, provided by Citigroup Global Markets, tracks bid-ask prices for par credit facilities that trade in the secondary market.

The Treasury's proposed decimalization of coupons is raising concerns the switch will hamper the day-to-day mechanics of trading.

T. Rowe Price is adding up to $60 million in commercial mortgage-backed securities as it lightens up on corporate debt.

Venture Holdings Co.'s pro-rata tranche traded at the 44-46 range, down from the low 50s, after Venture's founder Larry Winget was able to rescind an agreement that would roll nine outside companies he owned into a reorganized Venture.