A $15 million piece of the recently restructured Citation Corp. debt was said to have traded this week in the 87-88 range. Citation, a maker of metal components, reached an agreement with its lenders to restructure the company's debt and equity last month. The bank debt for the name has been quoted in the high 80s over the last two weeks, up from the low 80s, where the loan was sitting prior to the completion of the restructuring. The company also received an injection of $20 million from its primary shareholder, Kelso & Co. No more details regarding the financing could be obtained. Calls to Chuck Bloome, Citation's cfo and v.p. of finance, were not returned by press time. A Kelso official declined comment.