An $8.8 million chunk of Mariner Post-Acute Health Network's bank debt traded at 54-55 on Monday, up from most recent levels of 52-54. Dealers also report that 360networks' bank debt took a 10-point blow into the low 40s today on news that its earnings were slashed.
In par news, Young Broadcasting's bank debt is quoted at 100 1/4, down from 100 3/8. A total of $10 million of Nextel Communications' bank debt traded several times late last week and into this week, finally settling in the 95 range. A piece of Regal Cinemas' bank debt traded at 90.5.