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  • Duke Street Capital, a U.K.-based private equity firm, is reportedly looking to sell its leveraged loan asset management business, which currently has just under $2 billion in loans under management.
  • A $40 million piece of Exelon Corp.'s Boston Generating project debt (Exelon Boston) was said to have traded in the low 70s last week.
  • Fitch Ratings has downgraded Owens-Illinois' bank debt ratings from BB- to B+ due to the company's proposed $1.5 billion acquisition of BSN Glasspack.
  • The Carlyle Group is putting together Carlyle High Yield Partners VI, a collateralized loan obligation that will invest in B1/Ba3 credits.
  • The bank debt for Calpine Construction Finance Company II (CCFC II), now known as Calpine Generating Co., slumped to the 951/2-963/4 range following Calpine Corp.'s decision to pull a $2.3 billion deal to refinance the credit.
  • Gold Kist, a co-operative chicken company, amended and restated its revolver to accommodate a $200 million note deal that will pay down a term loan.
  • Plan sponsors and investment consultants are eyeing bank loans as a stand alone investment after years of pension funds passing on the bank debt market, according to LMW sister publication Money Management Letter.
  • Credit Suisse First Boston posted the winning bid on a $212 million loan portfolio auctioned by Bank of America on behalf of Eaton Vance Management.
  • Credit Suisse First Boston posted the winning bid on a $212 million loan portfolio auctioned by Bank of America on behalf of Eaton Vance Management.
  • Pricing flexed up on the $265 million refinancing for Transportation Technologies Industries (TTI).
  • Dean Criares is a managing director of The Blackstone Group and heads Blackstone Debt Advisors, L.P., the firm's CDO management business.