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  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • This chart, provided by Citibank/Salomon Smith Barney Inc., tracks bid-ask prices for par credit facilities that trade in the secondary market. It also tracks facility amounts, ratings, pricing and maturities.
  • --David Marsh, v.p. and high-yield analyst at Friedman, Billings, Ramsey Group on prospects for the sector.
  • CIBC World Markets, Credit Suisse First Boston and Bear Stearns were scheduled to hold a conference call last Friday to launch syndication of a $45 million add-on "B" piece for Reddy Ice Group.
  • UBS and Wachovia Securities are leading a $220 million financing package backing the buyout of kitchen and bathroom cabinet supplier Norcraft Companies by private equity firms Trimaran Capital Partners and Saunders Karp & Megrue, according to a banker familiar with the deal.
  • J.P. Morgan shifted $100 million from The Scotts Company's "B" loan to the revolver last week in response to strong pro rata demand, according to a market player.
  • FleetBoston Financial and Deutsche Bank cut 50 basis points off the pricing on a $150 million "B" loan for Waste Connections ahead of the bank meeting that was scheduled for last Thursday, according to a banker familiar with the deal.
  • Wireless tower companies such as SpectraSite and Crown Castle International Corp. have shown their faces in the debt markets over the past few weeks and despite the sub-sector's heavy debt loads and interdependence on the competitive wireless carrier market, some market players feel that the prospects for tower companies are improving.
  • The bank debt of competitive local exchange carriers (CLEC) has been rising as loan investors search to find value in a market where so many names have been bid up, said traders.
  • The Loan Syndications And Trading Association (LSTA) is moving ahead with its efforts to expedite the settlement process, most recently completing drafts of four standardized netting agreements.