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A total of nearly $400 million of Mirant Corp. and Mirant Americas Generation (MAGI) bank debt traded last week after Mirant filed its long-awaited reorganization plan. Market players swapped as [...]

Mirant Corp.'s bank debt jumped 10 points as the company converted $4.8 billion of debt into equity last week. Its '03, '04 and '05 revolvers jumped 10 points across the [...]

Mirant Corp. bank debt led the secondary market last week with about $120 million coming out from one seller alone. The $120 million of exposure did not trade in one [...]

Market players expect that a large piece of Mirant Corp. bank debt, estimated to be in the ballpark of $100 million, will hit the market in an auction. Rumors that [...]

Credit Suisse First Boston and Cirigroup, the agents representing bank lenders in Mirant's jumbo $5.3 billion make-or-break refinancing effort, are pushing the syndicate to reject the company's pre-packaged bankruptcy plan [...]

The hardball tactics adopted by banks continues, with CMS Energy the latest company to face the backlash of a market struggling to come to terms with the aftershock of accounting [...]

Mirant Corp.'s '03 and '04 revolvers moved up to 76-77 from 74-74 1/2, while the '05 traded around 81 1/2-82 1/2 from 79 1/2-81 1/2. A higher valuation for competitor [...]

Mirant Corp.'s '03 and '04 revolvers traded actively around 74-74 1/2 after a bullish research report was published by Conn.-based broker Libertas Partners. The '05 traded around the 79 1/2-81 [...]

Rumors that Mirant Corp. may file a reorganization plan by the end of the month have caused a spike in its debt. The '03 and '04 revolvers traded actively at [...]

Calpine Generating (CalGen) has traded actively over the past month as investors renew interest. CalGen's $600 million first-lien and $100 million second-lien loans traded in the 101 3/4-102 1/2 and [...]

Mirant Corp.'s '03 revolver has climbed 16 points to the 67-68 context since last June. 'People are expecting a reorganization and it's cheap,' one trader said. Meanwhile, the company's MAGI [...]

Mirant's Corp.'s '03 revolver inched up half-a-point to the 59-60 context after the company posted good numbers and announced new personnel. 'It's a good, cheap deal,' a trader said, adding [...]

Mirant Corp.'s bank debt moved approximately two to three points lower last week with the overall market. Traders said the energy sector in particular was weaker. The company's '03 bank [...]

Mirant Corp.'s bank debt was volatile in the secondary market last week with rumors suggesting that the company lowered its projections for the next year. The company is also believed [...]

Mirant Corp.'s bank debt was one of the most volatile names in the market last week with at least a $20 million piece of the company's '04 revolver changing hands [...]

Investment banks are gearing up to bid for the mandate to advise and lead Mirant's roughly $1 billion balance sheet refinancing, according to sister publication, Power, Finance & Risk. Mirant [...]

Energy names were among the credits that were sparked by strong investor buying fueled by the 'January effect.' Reliant Resources' term loan, which was only a touch stronger in the [...]

Mirant Corp. bank debt did not appear to be affected much by a U.S. District Court decision to deny the company's motion to reject an agreement between Mirant and Potomac [...]

Mirant Corp.'s bank debt climbed slightly last week after the company was able to achieve what creditors believe is a small victory in court. Mirant's '03 bank debt was trading [...]

Mirant Corp.'s bank debt was quoted higher last week with some market participants attributing the rise to news that the bankrupt power company has filed a motion with the bankruptcy [...]

Atlanta, Ga.-based power company Mirant has filed for bankruptcy, and listed $20.6 billion in assets and $11.4 billion of [...]

Mirant Corp.'s bank debt continued to trade actively last week as the debt dropped and then bounced back some by week's end. The debt sank into the 60s with the [...]

An original lender to Mirant Corp., with exposure to the Mirant Americas Generation (MAG) credit facility and one of the corporate credit facilities, sold off $87 million of the company's [...]

Mirant Corp., the power firm looking to refinance $4.9 billion of debt to help avert a bankruptcy filing, said a sweetened debt exchange offer has the support of two-thirds of [...]

Citigroup's role as lead agent for Mirant lenders in a $5.3 billion debt restructuring could be clouded by a potential conflict of interest, according to two financiers involved in the [...]

Levels for Mirant Corp.'s various revolvers climbed more than 10 points into the 75-80 range last week with some original lenders raking the opportunity to get out of the name [...]

Mirant Corp. bank debt continued to come under pressure as the company's restructuring plan became the subject of creditor wrangling. A $5 million piece of the $1. 125 billion revolver [...]

Displeasure with Mirant Corp.'s current restructuring plan sent the company's bank debt down into the mid 60s to 70 range. The bank debt had been trading in the 83-85 context [...]

KBC Bank has returned to the market with its $252 million Perryville Power construction loan for Mirant and Lousiana utility Cleco, and is looking for retail participants. A banker familiar [...]