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Securitization People and Markets

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  • The credit facility for Davita was expected to be wrapped up last week and allocate toward the end of this month.
  • Wilde is a director of fixed income and currency at Baring Asset Management in London.
  • Credit Suisse First Boston and Goldman Sachs are leading an $800 million facility for Coffeyville Resources, with a bank meeting set for June 14.
  • JPMorgan is leading a $315 million financing for The Tire Rack, America's largest independent tire tester and direct retail and wholesale source for tires, wheels and accessories.
  • Pricing has been assigned to the $805 million, JPMorgan and Lehman Brothers-led amended credit facility for TravelCenters of America.
  • UBS is leading a $500 million facility to back Advent International's $545 million acquisition of Boart Longyear Group, a part of Anglo Ferrous Metals, from Anglo American.
  • UBS has promoted executive director Kevin Latimer to head of par loan sales.
  • WestLB's North American investment banking corporate finance group has brought on board James McGovern as a director.
  • Osprey Group Asset Management is planning to launch a distressed fund sometime in the next month.