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  • Spansion's $400 million term loan broke at 100 3/8-5/8 last week.
  • Wachovia Securities last Friday launched syndication of a $168 million senior secured deal for the leveraged buyout of Logan's Roadhouse.
  • MetroPCS Communications' $1.6 billion term loan broke in the secondary at 100 1/2-5/8 and settled into the 100 3/8-5/8 context.
  • Michaels Stores' $2.4 billion term loan backing Bain Capital and The Blackstone Group's leveraged buyout of the retailer broke into the secondary market last Monday.
  • With syndication for healthcare giant HCA's credit well underway, and the smaller deal for Freescale Semiconductor launching today, buysiders seem to be split on how to handle them.
  • Ply Gem Industries' first and second lien broke into the secondary market last week in the midst of the weakening housing sector.
  • Regent Communications is in the market for a $240 million credit facility to fund its acquisition of six radio stations from CBS Corporation.
  • Dura Operating Corp.'s 9% '09 bonds saw a slight short squeeze as buyers of credit default swap protection bought bonds to deliver into CDS contracts.
  • The Carlyle Group has hired a trio of senior equity derivatives traders.
  • Two credit derivative salesmen have left SG Corporate & Investment Banking in London: Piet Helmer-Gregersen, who marketed credit derivatives to Scandinavian clients, and Michael Koller, who covered Switzerland. Both reported to Jason Garrett, head of credit sales in London. Garrett and Michelle Gathercole, SG spokeswoman, did not immediately return calls.
  • Bank of America's head of Northern European credit sales has left the firm.