12/24/2003 | BK | Market Commentary: Jack in the Box, Swift head lower to par levels on mad cow disease news
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12/23/2003 | BK | Market Commentary: Werner holds steady despite news of the possible need to amend financial covenants
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12/22/2003 | BK | Market Commentary: Werner bank debt rebounds from early morning plummet on termination of Home Depot contract
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12/19/2003 | BK | Market Commentary: NRG breaks at 101 7/8 bid; Reliant Resources heads into the 98s on amendment proposal
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12/18/2003 | BK | Market Commentary: Jack in the Box breaks for trading with B loan changing hands right around 101
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12/17/2003 | BK | Market Commentary: Oriental Trading breaks for trading with first lien around par 1/2, second lien around 101
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12/16/2003 | BK | Market Commentary: Weight Watchers term B anticipated to blow out; Rainbow Media, Sensus break near 101
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12/15/2003 | BK | Market Commentary: NRG upsizes deal, lowers pricing, reduces floor; Bombardier breaks; El Paso up on debt reduction plans
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12/12/2003 | BK | Market Commentary: Pinnacle Entertainment term loan hits the secondary with levels hovering around 101
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12/11/2003 | BK | Market Commentary: Goodyear hits lows around 973/4 bid but rebounds to 99 bid by close as investors shrug off 10-K delay
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12/10/2003 | BK | Market Commentary: NRG sees over $3 billion in commitments; SP Newsprint gains momentum with $65 million committed
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12/9/2003 | BK | Market Commentary: Simmons adds $140 million unsecured tranche; Dr. Pepper/Seven Up term B close to oversubscription
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12/8/2003 | BK | Market Commentary: Pinnacle Entertainment increases term loan B, lowers pricing on strong demand
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12/5/2003 | BK | Market Commentary: Nextel Communications giant term loan hits the secondary at par 1/2 bid, par 3/4 offered
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12/4/2003 | BK | Market Commentary: Atrium breaks with term B climbing to 101 bid; Sola stays strong on second day of trading at 1011/4 bid
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12/3/2003 | BK | Market Commentary: Knowledge Learning lowers pricing on term loan and revolver; Calpine and Huntsman trade higher
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12/2/2003 | BK | Market Commentary: Simmons oversubscribed on launch date; Kraton receives several commitments; Agco breaks at 1013/4 bid
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12/1/2003 | BK | Market Commentary: Levi Strauss bank debt edges higher on news of deleveraging commitment and CFO resignation
|
11/26/2003 | BK | Market Commentary: Pinnacle Foods $675 million credit facility closes as the company's LBO is completed
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11/25/2003 | BK | Market Commentary: Penn National expected to get done as desire to hold paper outweighs frustration over lower yield
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11/24/2003 | BK | Market Commentary: Nextel giant term loan expected to get high demand as existing lenders will probably rollover commitments
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11/21/2003 | BK | Market Commentary: Sola term loan B reverse flexes to Libor plus 250 basis points; CamelBak breaks at par levels
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11/20/2003 | BK | Market Commentary: Pinnacle Foods decreases deal size; Nexstar breaks at 101 area; Nextel heads to par on refi news
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11/19/2003 | BK | Market Commentary: Atrium mostly subscribed before late afternoon meeting; Goodman Manufacturing breaks at 101
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11/18/2003 | BK | Market Commentary: Pinnacle's term loan commitments still short by $120 million ahead of Wednesday's deadline
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11/17/2003 | BK | Market Commentary: Atkins Nutritionals lowers pricing on first- and second-lien term loans due to strong demand
|
11/14/2003 | BK | Market Commentary: Syndication wraps on NUI in less than a week; pricing reverse flexes on strong demand
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11/13/2003 | BK | Market Commentary: Levi Strauss bank debt falls by 2 points on changed guidance, ratings downgrades
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11/12/2003 | BK | Market Commentary: GNC bank meeting sees good attendance and some early institutional commitments
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11/11/2003 | BK | Market Commentary: Investor enthusiasm for Empi seen outweighing ratings downgrade as deal upsizes, reverse flexes
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11/10/2003 | BK | Market Commentary: Reliant Resources jumps by about 3 points on better-than-expected earnings
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11/7/2003 | BK | Market Commentary: Cincinnati Bell breaks around 101 levels and reverse flexes to Libor plus 250 basis points
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11/6/2003 | BK | Market Commentary: Pricing on Itron B loan falls to Libor plus 225 basis points; Calpine heads higher on debt offerings
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11/5/2003 | BK | Market Commentary: Yellow-Roadway institutional tranches see strong demand with books near to or oversubscribed
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11/4/2003 | BK | Market Commentary: Charter heads higher on improved liquidity and rating outlook revision to stable
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11/3/2003 | BK | Market Commentary: Michael Foods adds $135 million floating-rate piece, reduces proposed bond offering size
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10/31/2003 | BK | Market Commentary: Sola sees some early interest as Union Bank of California signs up as administrative agent
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10/30/2003 | BK | Market Commentary: Michael Foods term loan B heavily oversubscribed on launch date
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10/29/2003 | BK | Market Commentary: Western Wireless heads higher on public offering news; Itron oversubscribed on day of launch
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10/28/2003 | BK | Market Commentary: Keystone Automotive loan breaks for trading, edges higher; Charter slips, Collins & Aikman rises
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10/27/2003 | BK | Market Commentary: Ondeo Nalco term loan B upsizes by $200 and reverse flexes by 25 basis points
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10/24/2003 | BK | Market Commentary: Western Wireless bid jumps to 99-plus levels as third quarter earnings entice investors
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10/23/2003 | BK | Market Commentary: Goodyear bank debt heads lower as investors react to financial restatement news
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10/22/2003 | BK | Market Commentary: DRS breaks for trading at plus 101 levels; Werner edges its way back up after 10-point plunge
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10/21/2003 | BK | Market Commentary: Calpine second-lien tranche bid falls to below 95 area on the heels of Moody's downgrade
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10/20/2003 | BK | Market Commentary: DSW Waters term loan B sees $130 million in commitments by mid-day Monday
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10/17/2003 | BK | Market Commentary: Nextel's proposed amendment for unconventional paydowns may keep paper below 101
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10/16/2003 | BK | Market Commentary: Nextel bid higher on positive earnings; Quality Distribution details firm up ahead of Tuesday's meeting
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10/15/2003 | BK | Market Commentary: Continued investor confidence keeps pushing bids higher on Collins & Aikman paper
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10/14/2003 | BK | Market Commentary: Keystone sees good attendance, some investors eyeing upcoming bond deal before committing
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10/10/2003 | BK | Market Commentary: Collins & Aikman's B loan bid strengthens on news of Ford contract
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10/9/2003 | BK | Market Commentary: Paper-hungry secondary players excitedly await allocations on Scotts, Dobson
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10/8/2003 | BK | Market Commentary: Collins & Aikman continues to rise and stabilize in aftermath of reassuring lender call
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10/7/2003 | BK | Market Commentary: Collins & Aikman private lender call alleviates some investor concerns, pushing the debt higher
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10/6/2003 | BK | Market Commentary: Collins & Aikman holding steady after Friday's reports; Allegheny Energy seen on desks
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10/3/2003 | BK | Market Commentary: Worldspan rebounds on Orbitz release; Collins & Aikman jumps around on Chrysler contract concerns
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10/2/2003 | BK | Market Commentary: Worldspan bank debt dives into mid-90s terrain on termination of Orbitz contract
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10/1/2003 | BK | Market Commentary: Cable names head higher as Adelphia reveals better numbers in private lender call
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9/30/2003 | BK | Market Commentary: Levi's bank debt down as third quarter numbers fall short of guidance to new lenders
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9/29/2003 | BK | Market Commentary: Waste Connections' B loan reverse flexes ahead of Thursday's meeting on strong institutional demand
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9/26/2003 | BK | Market Commentary: Allegheny Energy very active after company discloses plans to refinance bank debt
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9/25/2003 | BK | Market Commentary: Eastman Kodak catches some leveraged attention following stream of "negative" company news
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9/24/2003 | BK | Market Commentary: Levi Strauss and AMI still trading relatively actively, AT&T revolver hits secondary
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9/23/2003 | BK | Market Commentary: DRS term B gets over $1 billion in orders by launch; Levi's hits 1021/2, 1031/2 on first day of trading
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9/22/2003 | BK | Market Commentary: Beverly Enterprises receives positive feedback on security, pricing and divestiture strategy
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9/19/2003 | BK | Market Commentary: Charter steals focus with active trading and higher levels on debt buy back news
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9/18/2003 | BK | Market Commentary: Books close on Levi as B loan sees three times oversubscription; paper may start trading Monday
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9/17/2003 | BK | Market Commentary: Scotts $1.2 billion loan twice oversubscribed on launch day; Levi's finds audience with 700 bps spread
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9/16/2003 | BK | Market Commentary: Levi's term loan may contain fixed-, floating-rate tranches, pricing still to be determined
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9/15/2003 | BK | Market Commentary: Levi Strauss audit committee findings seen already factored into new loan launching Tuesday
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9/12/2003 | BK | Market Commentary: Levi Strauss may use high coupon, Libor floor and call protection to entice investors
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9/11/2003 | BK | Market Commentary: Huntsman stronger as investor confidence on bank paydown continues to grow
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9/10/2003 | BK | Market Commentary: Washington Group meets some skepticism on contractual business nature, collateral package
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9/9/2003 | BK | Market Commentary: Huntsman bond deal resurfaces as lender approval is expected on revised amendment
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9/8/2003 | BK | Market Commentary: Dobson loan draws interest on simplified capital structure, leverage cut, absence of telecom deals
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9/5/2003 | BK | Market Commentary: Hanger Orthopedic sees interest from previous B loan lenders and existing bondholders
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9/4/2003 | BK | Market Commentary: Charter strengthens on proposed debt repayment; Cinram pro rata done, B loan chugging forward
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9/3/2003 | BK | Market Commentary: Qwest improves by a quarter point as financial restatement saga nears completion
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9/2/2003 | BK | Market Commentary: Western Wireless edges up into 98 levels in strong secondary market
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8/29/2003 | BK | Market Commentary: Cinram, Seminis may awaken sleepy primary with new deal launches slated for coming week
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8/28/2003 | BK | Market Commentary: Calpine heads up to 96 region on heels of new Canadian trust announcement
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8/27/2003 | BK | Market Commentary: Seminis details emerged; market looks ahead to post-Labor Day
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8/26/2003 | BK | Market Commentary: Regal Cinemas' new term loan D seen at 101; market quiet but optimistic
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8/25/2003 | BK | Market Commentary: Pegasus plunges to low 90 territory as company opts to cancel proposed term loan
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8/22/2003 | BK | Market Commentary: infoUSA stronger on S&P upgrade; Rayovac hangs steady on acquisition news
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8/21/2003 | BK | Market Commentary: Goodyear revolver up two points on long-awaited labor negotiation progress
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8/20/2003 | BK | Market Commentary: Casella repriced B loan breaks; Charter, Nextel, Rural Cellular and Western Wireless all trade up
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8/19/2003 | BK | Market Commentary: Secondary sees strong bidding interest ahead of Labor Day lull, pushing some names higher
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8/18/2003 | BK | Market Commentary: Charter rebounds after last week's drop, moving up more than a point
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8/15/2003 | BK | Market Commentary: Charter drops by 50 basis points on yanked $1.7 billion note sale; Dex B loan upped by $150 million
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8/14/2003 | BK | Market Commentary: B&G Foods term loan launch a blowout, seen at L+350 bps; Day, Per Se also launch
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8/13/2003 | BK | Market Commentary: Huntsman amendment still under negotiation as Wednesday's approval deadline passes
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8/12/2003 | BK | Market Commentary: Reliant Resources plummets four points on the bid side as company reports losses
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8/11/2003 | BK | Market Commentary: Dex Media West launches to positive reception, Del Monte amendment pulled
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8/8/2003 | BK | Market Commentary: Calpine's new first lien debt heads up by about a point on first full day of trading
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8/7/2003 | BK | Market Commentary: Calpine prices and allocates $750 million offering, first lien term loan trades up to 99 area
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8/6/2003 | BK | Market Commentary: Del Monte's proposed amendment has some seeing red over non-payment of call protection
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8/5/2003 | BK | Market Commentary: With market technicals shifting slightly Associated Materials' launch contains no pre-commitment talk
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8/4/2003 | BK | Market Commentary: Kinetic Concepts hits secondary with a bang, trading as high as 101
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8/1/2003 | BK | Market Commentary: Energy names Calpine, Allegheny, AES the focus; Nextel slides 1/2 point
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7/31/2003 | BK | Market Commentary: Charter moves up on improved earnings; AES eases on loss
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7/30/2003 | BK | Market Commentary: AES, Huntsmen earnings haunt company debt; SPX plans amendment to credit facility
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7/29/2003 | BK | Market Commentary: Huntsmen down on sluggish earnings; Allegheny still hot, but cooling
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7/28/2003 | BK | Market Commentary: Allegheny Energy firmer on sale of energy supply contract, Jostens flexes down on revolver
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7/25/2003 | BK | Market Commentary: Reddy Ice term loan B holds steady at par plus levels; Jostens anticipated to break any day
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7/24/2003 | BK | Market Commentary: Calpine second-lien term loan heads lower following news of bond sale by subsidiary
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7/23/2003 | BK | Market Commentary: National Waterworks 102 call payment expected to entice investors to repricing proposal
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7/22/2003 | BK | Market Commentary: Nextel strengthens to plus-par levels on rating agencies' upgrades
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7/21/2003 | BK | Market Commentary: Building Materials refinancing expected to blow out as trends still to point to strong investor demand
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7/18/2003 | BK | Market Commentary: Oriental Trading reverse flexes; Crown Cork repricing sees recommitments before noon
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7/17/2003 | BK | Market Commentary: Nextel's bank paper heads up by half a point on positive earnings announcement
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7/16/2003 | BK | Market Commentary: EaglePicher's new deal sees strong interest ahead of launch in paper hungry market
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7/15/2003 | BK | Market Commentary: DaVita breaks at par plus levels; Dynegy and Loral up on proposed debt repayments
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7/14/2003 | BK | Market Commentary: Kinetic Concepts bank meeting expected to be well attended as deal grabs market attention
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7/11/2003 | BK | Market Commentary: Charter's bank debt rallies on news of $1.7 billion senior notes offering
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7/10/2003 | BK | Market Commentary: Charter up on convertible deal rumor; Calpine revolver breaks and trades at over-par levels
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7/9/2003 | BK | Market Commentary: New deals anticipated to flex down, companies try to refinance, reprice existing loans in hot market
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7/8/2003 | BK | Market Commentary: Wackenhut breaks at par 5/8, trades as high as 101; Oriental Trading oversubscribed ahead of launch
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7/7/2003 | BK | Market Commentary: Jostens' B loan attracts orders prior to launch, boosting expectation of smooth syndication
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7/3/2003 | BK | Market Commentary: Long awaited Packaged Ice deal to hit market after holiday weekend
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7/2/2003 | BK | Market Commentary: Aurora Foods bank debt trades higher as investors expect paydown and new notes
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7/1/2003 | BK | Market Commentary: TransDigm's B loan expected to come inside of price talk as deal reaches oversubscription on launch date
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6/30/2003 | BK | Market Commentary: Dean Foods to tap existing debt for Horizon Organic acquisition
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6/27/2003 | BK | Market Commentary: Worldspan term loan B jumps by about two points from original offer price on first day of trading
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6/26/2003 | BK | Market Commentary: Calpine heads closer to par as investors anticipate successful completion of refinancing plan
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6/25/2003 | BK | Market Commentary: Xerox better bid, continues to head up since breaking; Allegheny second tier bid rebounds slightly
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6/24/2003 | BK | Market Commentary: Allegheny heads lower on liquidity concerns; Medco meeting well attended
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6/23/2003 | BK | Market Commentary: Domino's, Vivendi Universal Entertainment break for trading at 101; Calpine up on revolver agreement
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6/20/2003 | BK | Market Commentary: More people vie for Huntsman bank debt as pricing of Huntsman AM bond deal approaches
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6/19/2003 | BK | Market Commentary: Laidlaw continues above par after struggling in syndication; Wyndham up despite pay down
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6/18/2003 | BK | Market Commentary: Packaged Ice launch slated for early July due to SEC review of leveraged buyout
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6/17/2003 | BK | Market Commentary: Packaged Ice postpones Thursday's bank meeting for $170 million credit facility
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6/16/2003 | BK | Market Commentary: Wackenhut term loan B more than 50% subscribed ahead of Wednesday's launch date
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6/13/2003 | BK | Market Commentary: Nextel term loan A trades higher again as market technicals continue to prop up paper
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6/12/2003 | BK | Market Commentary: Wyndham bank debt heads up as company gets closer to satisfying amendment requirements
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6/11/2003 | BK | Market Commentary: New issue spreads lower and tighter as loan repayments leave investors with excess cash
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6/10/2003 | BK | Market Commentary: Wyndham heads north by a point, Nextel up about a quarter as investors scour for paper
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6/9/2003 | BK | Market Commentary: Nextel heads higher as demand outweighs supply; Qwest trades but activity level slowed
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6/6/2003 | BK | Market Commentary: Charter active after Comcast deal announced; Qwest floating-rate tranche still soaring
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6/5/2003 | BK | Market Commentary: Qwest breaks above par on floating-rate, below par on fixed-rate; Owens-Illinois breaks above par
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6/4/2003 | BK | Market Commentary: Qwest considering even larger credit facility as newly launched deal sees overwhelming demand
|
6/3/2003 | BK | Market Commentary: OM Group trades almost a point higher as investors expect a paydown from asset sale
|
6/2/2003 | BK | Market Commentary: Qwest upsizes, Charter and Nextel firm in trading
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5/30/2003 | BK | Market Commentary: Domino's called aggressive based on leverage, pricing; Qwest structure may suit junk, distressed
|
5/29/2003 | BK | Market Commentary: Charter trades higher ahead of Friday's bank meeting on amendment
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5/28/2003 | BK | Market Commentary: Huntsman continues to fall as investor disappointment on cancelled bond deal remains
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5/27/2003 | BK | Market Commentary: Huntsman lower on news of cancelled bond deal; Calpine strengthens on loan extension
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5/23/2003 | BK | Market Commentary: Wyndham may finally reach agreement with lenders to extend IRL and revolver
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5/22/2003 | BK | Market Commentary: Rent-A-Center allocates and breaks for trading; term B par 1/2 bid, par 3/4 offered
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5/21/2003 | BK | Market Commentary: Rent-A-Center, Vail, Hayes and Laidlaw all flex; handful of deals hit the primary
|
5/20/2003 | BK | Market Commentary: Centerpulse trades up on Zimmer bid; Penn National stronger on rating outlook revision
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5/19/2003 | BK | Market Commentary: Rent-A-Center closes books on Monday with all three tranches oversubscribed
|
5/19/2003 | BKCVDDHY | No upgrade reviews so far in May, Moody's said
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5/16/2003 | BK | Market Commentary: Investors undaunted by lower pricing on Owens-Illinois' B loan
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5/15/2003 | BK | Market Commentary: Medex breaks in secondary, term loan B trades as high as par 3/4 on first day in market
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5/14/2003 | BK | Market Commentary: Jack in the Box holds steady on Q2 results; TransWestern trades as earnings motivate sellers
|
5/13/2003 | BK | Market Commentary: Calpine rallies in a generally better bid energy/utility sector on earnings and plant sale news
|
5/12/2003 | BK | Market Commentary: Charter continues to feel strong with quotes in the low 90s as investors' comfort grows
|
5/9/2003 | BK | Market Commentary: Riverwood Holdings/Graphic Packaging credit facility slated to launch first week of June
|
5/8/2003 | BK | Market Commentary: Energy may be taking breather from recent run; Reliant down on earnings; CMS holds steady
|
5/7/2003 | BK | Market Commentary: Owens-Illinois B loan subscribed on day of launch; Charter heads higher on earnings
|
5/6/2003 | BK | Market Commentary: Wyndham heads north on earnings news; Rent-A-Center new loan sees lots of interest
|
5/5/2003 | BK | Market Commentary: Amphenol allocates, term loan B breaks for trading at par 3/8, par 5/8
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5/2/2003 | BK | Market Commentary: Price talk on Rent-A-Center has B loan at 250 to 275 basis points, revolver at 225
|
5/1/2003 | BK | Market Commentary: Primary heats up as first full week of May nears; $3.38 billion to launch by Wednesday
|
4/30/2003 | BK | Market Commentary: Energy/utility sector continues higher on recently renewed investor confidence
|
4/29/2003 | BK | Market Commentary: Allied Waste's term loan B dips down to par 3/8 on market technicals
|
4/28/2003 | BK | Market Commentary: Huntsman trades about three points higher following better-than-expected earnings
|
4/25/2003 | BK | Market Commentary: Allied Waste breaks and trades actively at par 1/2 bid, par 5/8 offer on the B loan
|
4/24/2003 | BK | Market Commentary: Nextel active on second day of earnings' effects; Xerox soars on refinancing talk
|
4/23/2003 | BK | Market Commentary: Competent earnings lift Nextel, Xerox; Allegheny and Calpine continue to strengthen
|
4/22/2003 | BK | Market Commentary: Charter term loan B trades actively at 901/2 to 91 on Tuesday as more buyers come forward
|
4/21/2003 | BK | Market Commentary: Rite Aid's $2 billion loan has some unenthused due to large size, B1 rating and low price talk
|
4/17/2003 | BK | Market Commentary: Charter and Calpine both halt recent gains, dipping slightly ahead of holiday weekend
|
4/16/2003 | BK | Market Commentary: Charter half a point higher; Peabody firm on earnings; Levi's unchanged as market awaits clarity
|
4/15/2003 | BK | Market Commentary: Levi Strauss term loan B dips on tax fraud allegations
|
4/14/2003 | BK | Market Commentary: Charter B loan trades sideways at 901/2 after 300 basis points gain last week
|
4/11/2003 | BK | Market Commentary: Allied Waste interest turns to revolver's trading future; Rite Aid heads up on refinancing
|
4/10/2003 | BK | Market Commentary: Amphenol term loan B receives almost $300 million in commitments on day of launch
|
4/9/2003 | BK | Market Commentary: Extra cash in investors pockets from loan repayments leads to firmer secondary, tighter spreads
|
4/8/2003 | BK | Market Commentary: International Steel's upcoming deal catches attention on question of market reaction to steel industry
|
4/7/2003 | BK | Market Commentary: Tesoro upsizes term loan B by $50 million, decreases bond offering by $25 million
|
4/4/2003 | BK | Market Commentary: AES heads higher on news of expected $475 million bank debt repayment
|
4/3/2003 | BK | Market Commentary: Wyndham again asks lenders for extension of IRLs, revolver maturities
|
4/2/2003 | BK | Market Commentary: Firm secondary tone; Charter moves up a point; Corrections Corp. steady on boosted guidance
|
4/1/2003 | BK | Market Commentary: Charter moves higher on news of $300 million loan proposal from Paul Allen
|
3/31/2003 | BK | Market Commentary: Nextel trades at 97 5/8 in sluggish secondary; El Paso holds steady following earnings news
|
3/28/2003 | BK | Market Commentary: Nextel trades higher on $5 billion shelf filing; Dole captures attention on first full trading day
|
3/27/2003 | BK | Market Commentary: Dole breaks for trading in secondary, moving up to par 1/2 from issue price of par
|
3/26/2003 | BK | Market Commentary: Levi Strauss falls on earnings news; LIN TV dips on removal of financial guidance
|
3/25/2003 | BKHY | HealthSouth slides again; Mirant, Dynegy up; airlines cheered by aid announcement
|
3/25/2003 | BK | Market Commentary: Wyndham holds firm despite Starwood earnings worries; war jitters quiet market
|
3/24/2003 | BK | Market Commentary: Five new deals including Laidlaw's $825 million join calendar, Fleming trades break quiet
|
3/24/2003 | BKHY | HealthSouth falls on more bad news; Hayes Lemmerz up; Delta shines amid lackluster airlines
|
3/21/2003 | BK | Market Commentary: Market curious to see how Dole allocations turn out as closing date nears
|
3/21/2003 | BKHY | HealthSouth active after trading resumes; Adelphia firmer on new CFO hire
|
3/20/2003 | BK | Market Commentary: Peabody Energy's new loan hits secondary, immediately trades higher
|
3/20/2003 | BKCVHY | HealthSouth dominates even with no trading, revolver frozen; Fleming down on bankruptcy talk
|
3/19/2003 | BK | Market Commentary: Nextel heads back up; Charter regains ground as investor comfort grows
|
3/18/2003 | BK | Market Commentary: Nextel's bank paper trades lower after recent run-up, leaving many baffled
|
3/18/2003 | BKHY | UAL drops on report of liquidation warning, Microcell firmer
|
3/17/2003 | BK | Market Commentary: Peabody Energy and Dole Foods downsize loans for upsized bond offerings
|
3/14/2003 | BK | Market Commentary: Fleming continues to be shrouded with uncertainty as people try to separate fact and fiction
|
3/13/2003 | BK | Market Commentary: Nextel trades at 96 1/8, Charter trades at 861/2 in quiet bank loan market
|
3/12/2003 | BK | Market Commentary: Fleming term loan B down to 90 amid continuing troubles
|
3/11/2003 | BK | Market Commentary: El Paso pushed lower on market saturation; Charter continues move north in better bid cable sector
|
3/10/2003 | BK | Market Commentary: Adelphia bank debt continues to rally in secondary; Charter follows suit
|
3/7/2003 | BK | Market Commentary: Goodyear $1.3 billion loan seen attracting asset-based lenders due to good collateral package
|
3/6/2003 | BK | Market Commentary: Adelphia bank debt heads north as investor comfort on co-borrower issues grows
|
3/5/2003 | BK | Market Commentary: The Pantry $360 million credit facility may meet investor hesitation due to high gas prices
|
3/4/2003 | BK | Market Commentary: Peabody Energy meeting well attended, loan expected to syndicate successfully
|
3/3/2003 | BK | Market Commentary: Calpine bid drops on financial restatements; Nextel trades up on market technicals
|
2/28/2003 | BK | Market Commentary: New deals pricing below 300 basis points have some investors worried
|
2/27/2003 | BK | Market Commentary: Constellation Brands $1.6 billion loan well liked due to company's history of debt repayment
|
2/26/2003 | BK | Market Commentary: Some find coupon on Moore loan aggressive, but syndication is anticipated to get done
|
2/25/2003 | BK | Market Commentary: Citgo loan's collateral draws investors; El Paso rallies again; International Transmission breaks
|
2/24/2003 | BK | Market Commentary: El Paso rallies in secondary on asset sale; Bresnan launches $400 million credit facility
|
2/21/2003 | BK | Market Commentary: Wyndham falls as amendment fails to find lender support; RCN drops following private call
|
2/20/2003 | BK | Market Commentary: Dole deal expected to go well; Nextel gains on earnings; Titan loses on COO news; TRW breaks
|
2/19/2003 | BK | Market Commentary: Indications point to successful managing agent meeting Thursday for Dole's $1.1 billion loan
|
2/18/2003 | BK | Market Commentary: Central Parking loan on hold after CFO quits, company pulls earnings guidance
|
2/14/2003 | BK | Market Commentary: National Bedding's new B loan trades at par plus during shortened session
|
2/13/2003 | BK | Market Commentary: DirecTV $800 million B loan sees over a billion in demand after general syndication launch
|
2/12/2003 | BK | Market Commentary: DirecTV $800 million term loan B close to subscription ahead of Thursday launch
|
2/11/2003 | BK | Market Commentary: Aurora Foods trades higher, RCN and Primedia strengthen
|
2/10/2003 | BK | Market Commentary: Penn National, Burns Philp increase term B pricing by 50 basis points
|
2/7/2003 | BK | Market Commentary: Crown Cork & Seal, RCN and Federal-Mogul trade higher on recent positive news
|
2/6/2003 | BK | Market Commentary: International Transmission meeting sees good attendance on favorable view of sector
|
2/5/2003 | BK | Market Commentary: Isle of Capri Black Hawk's bank meeting for $135 million add-on well attended
|
2/4/2003 | BK | Market Commentary: Federal-Mogul continues to trade on reorganization plan; AES active on asset sale completion
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2/3/2003 | BK | Market Commentary: Graham Packaging term B gets upsized, pricing changes on both tranches
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1/31/2003 | BK | Market Commentary: Cinemark's return meets good reception; revolver gets devoured, B loan half done before launch
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1/30/2003 | BK | Market Commentary: Silgan add-on sells out as many existing lenders and a few new ones commit to the deal
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1/29/2003 | BK | Market Commentary: Crown Cork & Seal's sudden launch results in a handful of commitments by day's end
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1/28/2003 | BK | Market Commentary: Xerox up as fourth quarter results impress investors; Kmart continues rally on reorganization filing
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1/27/2003 | BK | Market Commentary: Kmart's bank debt strengthens on reorganization plan filing
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1/24/2003 | BK | Market Commentary: Houghton Mifflin term loan B removed as bond sale gets upsized to $1 billion
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1/23/2003 | BK | Market Commentary: Penn National Gaming credit facility may be light on pricing for leverage ratios
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1/22/2003 | BK | Market Commentary: Primary sees Lamar Media, Burns Philp meetings; Penn National Gaming expected Thursday
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1/21/2003 | BK | Market Commentary: Burns Philp to hold bank meeting for $375 million term B on Wednesday
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1/17/2003 | BK | Market Commentary: Alpha Natural Resources $110 million revolver meeting sees better-than-expected attendance
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1/15/2003 | BK | Market Commentary: Jack in the Box term loan B may get upsized and flexed down due to good reception
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1/14/2003 | BK | Market Commentary: Casella facility, bonds expected to succeed on second try due to better market conditions
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1/13/2003 | BK | Market Commentary: Federal-Mogul bank debt heads north; Premcor meeting kicks off heavy new deal week
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1/10/2003 | BK | Market Commentary: Nextel, Charter bank debt falls slightly after strong performances on seller activity
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1/9/2003 | BK | Market Commentary: Secondary, primary see good activity; next week's pipeline has some worried about saturation
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1/8/2003 | BK | Market Commentary: Nextel inches up following upbeat fourth quarter 2002 and 2003 predictions
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1/7/2003 | BK | Market Commentary: Jack in the Box hopes to spark interest with new structure after unsuccessful try in December
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1/6/2003 | BK | Market Commentary: January bank loan pipeline continues to grow; Charter bid strengthens in quiet session
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1/3/2003 | BK | Market Commentary: Slow holiday activity expected to end soon as market revs up for new deals in January
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1/2/2003 | BK | Market Commentary: Charter Communications bank paper holds in at previous levels, but demand may have weakened
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