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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.

BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.

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.

Alliance Atlantis Communications has made changes to its accounting policy that could cause the company to violate its bank covenants. An analyst explained that Alliance has announced a change in the way it will account for its CSI franchise. "It was concluded that the accounting treatment for the company's interest in the CSI franchise is joint venture accounting," Alliance said in a recent release. Alliance is Canada's largest movie production and distribution company and it produces the television show "CSI: Crime Scene Investigation" and "CSI: Miami." "What will change is strictly the timing of earnings recognition, which will be reduced for past years and increased in future years," the company added.

Better Minerals & Aggregates Co. has been downgraded from CCC+ to CCC by Standard & Poor's on account of the industrial minerals producer's "continued liquidity erosion, anemic financial performance and higher than expected silica product liability cash outlays," said Dominick D'Ascoli, S&P analyst, in a report. The company operates through its U.S. Silica Co. subsidiary in industrial minerals. "Although Better Minerals & Aggregates' silica operations should generate somewhat stable operating earnings, its operations are capital-intensive and the company faces unpredictable silica product liabilities," S&P explains.

Moore Capital Management and OZF Capital are each looking to hire traders. Moore Capital, an $8 billion hedge fund group, is looking for a trader to be based in New York, according to a sell-side official who has spoken with a person at the firm. The position would be to replace Francis Griffin, a high-yield trader who has taken a position with the firm in London. A call to Richard Furst, a senior trader at the firm, was returned by Kimberly Kriger, an outside spokeswoman, who declined to comment. Griffin could not be reached.