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  • ABRY Partners' Cygnus Business Media has chosen GE Capital to lead its refinancing. Union Bank of California, the previous lead, will serve as co-syndication agent.
  • George Weiss Associates, an equity-based hedge fund in New York, is starting a high-yield effort that will take positions in bonds and credit derivatives.
  • The high yield market was firm all around after experiencing a couple weeks of large outflows, according to investors.
  • Reliant Energy's term loan and term loan "A" inched up slightly to the 98 3/4-99 1/4 context from the 98 1/4-99 level.
  • Anchorage Capital Group, a New York-based hedge fund run by two former Goldman Sachs bank debt honchos, has hired Mike Aglialoro.
  • The following is a list of prominent personnel moves from around the U.S. and European markets.
  • Barry Zamore, managing director and par trader at Credit Suisse First Boston, is urging the buyside to take action on the issue of assignment fees.
  • Anchorage Capital Group, a New York-based startup run by two former Goldman Sachs bank debt honchos, has hired Mike Aglialoro, a managing director and head of loan portfolio management for Scotia Capital.
  • Canyon Capital Advisors is close to raising its debut collateralized loan obligation after previously managing bank debt through hedge funds and separate accounts.
  • Pegasus Media & Communications term loans have been up and down and up again as market participants anticipate both a Pegasus Media and Pegasus Satellite Communications Chapter 11 filing.