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  • A richly priced deal for Microcell Telecommunications, a Canadian-wireless company, hit the market last week.
  • CIBC World Markets is in the market with a second repricing for SpectraSite's $252 million "B" loan that will take pricing from LIBOR plus 3% to LIBOR plus 21/4%.
  • SunTrust and CoBank are in the market with a $225 million refinancing for rural phone company D&E Communications.
  • UBS and Deutsche Bank are pitching a $300 million facility backing Caxton-Iseman Capital's $570 million acquisition of Ply Gem Industries, a subsidiary of Nortek.
  • Wireless credits are turning on a strong finishing kick of a comeback that started 18 months ago and has seen some names rise close to 50 points.
  • Rick Kammler, a director in loan sales at UBS, has left the firm.
  • The bank debt for bankrupt Exide Technologies ticked up even further this week, rallying from the 84 1/2-85 1/2 range into the 86-87 context.
  • Artie DeGaetano, head of the high yield trading team and a partner at Bear Stearns, resigned a couple of weeks ago due to family health issues.
  • HSBC has hired Michael Zim, former senior foreign exchange options trader at AIG Trading in Greenwich, Conn., for a similar role in New York.
  • Nat Litwak, v.p. in foreign exchange sales at AIG Trading Group in Greenwich, Conn., has quit the firm to launch a global macro hedge fund.
  • Ralph Orciuoli, managing director and Asian head of credit trading at Bear Stearns in Tokyo, has left the firm.
  • ABN AMRO began the New Year by splitting its equity derivatives proprietary and flow derivatives business to form two separate desks.