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  • Terms for the financing to back the $17.6 billion buyout of Freescale Semiconductor by a consortium of private equity groups hit the market last week.
  • Investors voiced approval of the CIBC World Markets deal for BP Metals that came to market last week.
  • Lower production volumes at Ford Motor Co. and DaimlerChrysler have led KDP Investment Advisors to lower its estimated recoveries on Dura Automotive Systems' senior notes.
  • After spending half a decade in bankruptcy protection, Armstrong World Industries emerged Oct. 2 seeking $1.1 billion of exit financing.
  • Issuers could face downgrades if their liquidity is impaired under the Financial Accounting Standards Board's new pension and employee benefits accounting rules.
  • A robust stock market pushed up trading levels in the secondary market last week.
  • Insight Midwest's $1.8 billion term loan "B" broke at 101 in the secondary market last week.
  • Lyondell Chemical was one of the most actively traded names in the loan-only credit default swaps space last week.
  • Technical Olympic USA's term loan fell 15-20 points to 68, rounding off a 32 points drop over the past two weeks.
  • James Deighton, co-head of investment-grade cash and synthetic credit trading at Dresdner Kleinwort in London, has been named head of the group following the departure of co-head Paul Grimsey. Henry Nevstad, head of credit flow products at Dresdner in London, said Grimsey will not be replaced. Dresdner has lost a raft of credit derivatives traders over the last year, including Femi Adewaley, a senior correlation trader, two weeks ago.
  • Rahmat Waluyanto, the director of Government Securities Management at the Ministry of Finance in Indonesia, sat down with Asiamoney to discuss some of the government's international bond issuance plans and its investment bank selection process.