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Banks To Price $1B In Bonds For Apria Deal

October 10, 2008 – Bank of America, Wachovia and Barclays are planning to issue $1 billion in senior secured notes for Lake Forest, Calif.-based Apria Healthcare to help fund the company's buyout by Blackstone...

NY Fed Holds Second CDS Meeting

October 10, 2008 – The Federal Reserve Bank of New York is holding a meeting today to discuss the creation of a central counterparty for the $55 trillion credit default swaps market...

Markit Develops Online Tool To ID Loans

October 9, 2008 – Markit will introduce an online loan identification tool for market participants...

• Norwest Funds Olympus’ Norwesco Buy
• CME, Citadel Team Up For CDS Clearing Facility
• Fed Looks To Buttress CP Market

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As Times Change, So Must Credit Markets

October 6, 2008 – While political leaders haggle over the shape of a potential bailout bill that will include credit market reforms, players in the credit markets have their own wish lists of things they'd like to see change...

Banks Could Issue $1.2B For Oil Co.

October 6, 2008 – A bank consortium could soon package a $1.2 billion credit facility for Precision Drilling, a Canadian oil and gas driller. The debt, which would help fund Precision's buyout of Houston-based oil and gas driller Grey Wolf, would consist of a term loan A, term loan B and revolver...

HY Market Braces For Further Trouble

October 6, 2008 – Investors and traders last week kept a close watch on political and economic developments from Washington D.C., but maintained that even the best news from the political front would not assuage worries about the economy...

The Diminishing Leagues Of The League Tables

October 6, 2008 – The third quarter league tables could provide a look into the future of U.S. high yield loan and bond underwriting, a future of fewer players, with three American megabanks sitting firmly at the top, and the majority of the rest coming from overseas...

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