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  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • Take me out to the ballgame...When loan market players shouted, "Oh, no" into the phone last week, they were not concerned with the latest deal gone bad.
  • This chart, provided by Citibank/Salomon Smith Barney Inc., tracks bid-ask prices for par credit facilities that trade in the secondary market. It also tracks facility amounts, ratings, pricing and maturities.
  • --Matthew Kleiman, a partner at Kirkland & Ellis and an attorney for Exide Technologies, on the company's emergence from bankruptcy.
  • Fresh from a $210 million high-yield bond offering for IMCO Recycling, PNC Bank and J.P. Morgan have jointly underwritten a four-year $120 million asset-based loan for the Irving, Texas-based aluminum and zinc recycler.
  • The bank debt of Edison Mission Midwest Holdings has broken through the 90s glass ceiling and is now said to be trading in the 90-92 range.
  • Loan investors are eyeing Exide Technologies' $550 million credit that will finance the auto battery maker when it emerges from bankruptcy.
  • The equity portion granted to lenders under Global Crossing's recovery package is giving the company's bank debt an extra boost.