After a short time away to move offices and bring on additional staff we are back and in the past few days there have indeed been some points of interest to note. Firstly look to the AWAS term loan re-pricing of last week – Joint arrangers JP Morgan, Goldman Sachs and Credit Agricole Corporate Investment bank managed to tighten the original spread of a $411m term loan due in 2016 from 400bps to 275bps and the LIBOR Floor from 125bps to 75bps. That is impressive and highlights a further significant question – Why did FLY pull their re-pricing? We reported