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  • J.P. Morgan, Credit Suisse First Boston and Lehman Brothers are all playing a role in the debt financing for Kohlberg Kravis Roberts & Co., J.P. Morgan Partners and Wachovia Capital Partners' $880 million purchase of UniSource Energy.
  • Allegiance Telecom bank debt continued to trade as high as the 97-98 range following speculation on how potential acquirers may value the company.
  • Small pieces of ALSTOM's bank debt are believed to have traded after the company received shareholder support for a financing package.
  • Bear Stearns has priced a $319 million collateralized loan obligation for Aladdin Capital Management.
  • A group of banks have provided financing to back the $2.6 billion acquisition of Time Warner's Warner Music Group by an investor group led by Thomas H. Lee Partners, Edgar Bronfman Jr.'s Lexa Partners, Bain Capital and Providence Equity Partners. Lexa Partners is a venture capital group of which Bronfman is the ceo.
  • GoldenTree Asset Management was founded in March 2000 and at present has approximately $5.6 billion in assets under management and a staff of 63.
  • The rolling tide of collateralized loan obligations in the pipeline continues as GSC Partners aims to complete the approximately $440 million GSC Partners CDO IV.
  • Bank debt under a Wachovia Securities-led deal for Hollinger International subsidiaries Hollinger Publishing International, Telegraph Group and First DT Holdings (FDTH) held its levels despite noise surrounding the parent company.
  • BlackRock Financial Management's over-collateralization cushion is growing on its Magnetite I market-value CDO.
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  • ? Colonial Finance and Bank of America tapped the Australian bond market this week and found strong demand that enabled them to increase their issues.