Helm Dips As Buyers Back Off

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Helm Dips As Buyers Back Off

Helm Holding's bank debt was two points weaker last week as the name came under supply and demand pressure. The bank debt slipped from the 941/2 ­ 962/3 level to the 921/2 - 95 context, according to LoanX. Traders said the name has come under technical pressure as sellers come to market and buyers of the name back off. Helm leases railroad cars. Officials from Helm could not be reached by press time. FleetBoston Financial holds the lead role on Helm's credit facility.

 

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