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Securitization People and Markets

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  • Goldman Sachs and UBS are leading the bank financing for Cerberus Capital Management's $2.3 billion acquisition of NewPage Corp.
  • Credit Suisse First Boston's Leveraged Investments Group (LIG), a part of CSFB's Alternative Capital Division, is joining a slew of U.S. asset managers looking to capitalize on the European leveraged finance markets.
  • Kowal is chief investment officer of fixed income at DuPont in Wilmington, Del.
  • Bilal Rashid, collateralized debt obligation originator at CDC IXIS Capital Markets in New York, is joining Merrill Lynch's structured credit team in a similar role, said Chris Ricciardi, head of the structured credit team at Merrill.
  • Bilal Rashid, collateralized debt obligation originator at CDC IXIS Capital Markets in New York, is joining Merrill Lynch's structured credit team, said Chris Ricciardi, head of the structured credit team at Merrill.
  • Joseph Bencivenga, managing director and head of capital markets research and private equity at broker-dealer Guggenheim Capital Markets in New York, has joined Plainfield Asset Management.
  • Katie Hostalier, structured finance analyst at Commerzbank Securities in London, has taken on a new role as a desk analyst working with the firm's sales and trading staffers and ceased publishing written research.
  • J.P. Morgan is in the market with a new loan for Sinclair Broadcasting.
  • Morgan Stanley and UBS have set pricing on Trump Hotels & Casino Resorts' $500 million credit facility.