Mid-Week Secondary Market Update

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Mid-Week Secondary Market Update

Dealers are reporting $100 million of AT&T's $25 billion credit facility changed hands this week at slightly above 99. Nextel's "D" and "B/C" traded up this week. A small chunk of Emmis Communications' $1.4 billion credit facility traded at par 3/4.

On the distressed side, RiteAid.Com traded at 80 on Tuesday and levels were up to 86 by Wednesday. Mariner Post Acute Health Network was bid at 47, slightly up.

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