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Securitization People and Markets

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  • Credit Suisse First Boston and Barclays Capital have landed the lead roles on a $6 billion revolver for Fortune Brands.
  • Daiwa Securities America is adding two professionals to its rates sales and trading business. Robert Buetti has joined as an agency trader and reports to Raymond Remy, head of fixed income.
  • The resignation of DaVita CFO Denise Fletcher is not expected to affect the syndication of the financing backing the company's $3.05 billion acquisition of Gambro Healthcare.
  • Goldman Sachs and Wells Fargo are leading a $500 million credit facility for VCA Antech that will lower interest costs by refinancing bank debt and bonds.
  • Kevin Murphy and Christopher Pucillo of Stanfield Capital Partners have been recognized by the National Foundation for Teaching Entrepreneurship (NFTE) for their commitment to increasing education and economic opportunities for low-income youth.
  • Survey Sampling International is testing the loan market, taking out a $185 million facility from CIBC World Markets and Bank of New York.
  • Young Broadcasting is amending a 2003 facility to buy back $246.89 million of 8 1/2% senior notes due 2008.
  • GE Capital is providing Transaction Network Services with a new $230 million credit facility to partially fund the repurchase of nine million shares via a modified Dutch auction.
  • A Lehman Brothers collateralized debt obligation trader in London has crossed the pond to join Goldman Sachs in New York.