CamelBak Bank Debt Plunges
CamelBak Products' second-lien bank debt plunged 20 points on talk the company has posted bad financial results. Its second-lien bank debt fell to the low 80s, while its first-lien bank debt fell 12 points to 88. One banker said he had seen the second lien quoted as low as 70.
April 25, 2006