The bank debt for Choice One Communications continued to strengthen last week as rumors circulated regarding a significant buyer of the paper. The identity of the buyer could not be confirmed. A $10 million piece of the name traded in the 43-44 context. The name has been ticking up and out of the 30s over the last two months, particularly after the integrated communications provider reported stronger financial results for the second quarter. Choice One has a $125 million "A" term loan, a $125 million "B" piece, $43.284 million on its "C" tranche, $2.625 million on its "D" loan and $100 million outstanding on its revolver. Ajay Sabherwal, Choice One's executive v.p. and cfo, referred calls to a spokeswoman, who declined comment.