We start a new column looking at the biggest prior week movers in loan land. As readers know we already cover the HY space (a little too much at times) and will try to focus on arbitrage opportunities between the secured and unsecured balance sheet tranches. Also we welcome readers' thoughts on what other market data points that might make sense to be tracked.
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1 comments:
very good stuff... Blackstone and special purpose acquisition company Hicks Acquisition amended their transaction agreement for the $3.2bn IPO of Graham Packaging. The amendment basically makes it now easier for both parties to terminate the agreement. Should be interesting to see this list grow each week. Especially as superpriority DIP financing becomes more prevalent.
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