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The debt of long-term acute care hospital players such as LifeCare Holdings, Select Medical and Triumph Healthcare has been steadily ticking up, according to traders, as they ride news that Medicare reimbursements won't be squeezed as much this year as they were last.

--Mark Cozzi, cfo at Leor Energy, on why the company chose a combination of bank debt and equity.

Merrill Lynch won a Franklin Templeton loan portfolio auction last Wednesday with a winning bid of 101 3/4, far surpassing the cover bid of 101 submitted by Bank of America.

Movie Gallery's bank debt has clawed its way back to par in the wake of Goldman Sachs' commitment to fully underwrite a new credit that will refinance $836.4 million of existing bank loans for the beleaguered Dothan, Ala.-based video rental chain.

Mark Gold left Trust Company of the West to set up Hillmark Capital Management with Hillel Weinberger of Loews Corp.

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

The following charts show the top five advancers and decliners in terms of % moves in the loan, bond and credit default swap markets for the previous week.

Common market best practice for pricing off-the-run or bespoke collateralized debt obligation tranches involves mapping implied base correlation surfaces calibrated from actively traded tranches such as those on the CDX or iTraxx.

AIG Financial Products in Asia is planning to take on more cross-asset-class structurers and marketers as part of its roll out in the region.

Bad news from the second and third largest sub-prime lenders in the U.S. slammed the synthetic asset-backed market last week, with the ABX index hitting new lows.

Citigroup has hired Hans Peter Lorenzen, v.p. in European credit products strategy, from a similar role at BNP Paribas in London.

Synthetic collateralized foreign exchange obligations are beginning to appear in dealer pipelines.