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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.

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.

People are the greatest assets ... Confirming that it's unlikely many traders would jump to another shop with the year hitting its last quarter and bonuses on the line, a trader said, "They would be trading with a lot of accrued interest."

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.

ABN Amro is looking to ramp up staff across the board for its U.S. loan business. ABN has been building up its U.S. loan platform for a couple of years already and it is planning to continue to bolster this existing effort, a spokesman for the firm said. He did not specify the type or number of positions available, stating that they are open to all aspects of ABN's loan business, including distribution, origination and trading. Positions would fall under John Finan, managing director and head of loan syndications, Mark London and David Kanter, managing directors and co-heads of leveraged finance, and Catherine Yelverton, managing director and head of secondary loan trading at ABN.

Ag Services of America, an Iowa-based farm products and loans provider, has 60-90 days to secure a credit facility to continue operations for the 2004 growing season after one of its banks pulled out of a $500 million credit facility at the last minute, said John Roth, cfo of Ag. If Ag is unable to secure a new credit line, it may be forced to liquidate. Ag is currently seeking a facility in the $250-300 million range, and is open to taking out both revolvers and term loans. "We are in discussions with a lot of financial institutions--some in the preliminary stages, others a little further along," said Roth, although he did not name the institutions.

The $200 million credit for AMI Semiconductor was oversubscribed last week, according to a banker familiar with the deal. The credit is being done in conjunction with the planned initial public offering of common stock for the Pocatello, Idaho-based mixed signal products producer. Parent AMIS Holdings announced last month it had filed a registration statement with the Securities and Exchange Commission for the IPO. Credit Suisse First Boston and Goldman Sachs are leading the credit, which includes a five-year, $125 million "B" loan and a three-year, $75 million revolver. CSFB, Goldman and Lehman Brothers are underwriting the IPO. Lehman is also a documentation agent on the credit.