Trout Coal Holdings's $275 million "B" loan traded at 101 5/8-101 7/8 after it broke at 101 1/2. Bids for the $125 million second lien were seen at 102 1/2. Trout Coal's deal also has a $20 million revolver and is led by Deutsche Bank and Lehman Brothers. The coal mine operator's credit was put in place to finance a dividend to owners ArcLight Partners. Pricing for the first lien and second lien is LIBOR plus 2 1/2%, and LIBOR plus 5%, respectively.