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Securitization People and Markets

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  • A bank meeting was held last Thursday to launch syndication of a refinancing for travel technology company Worldspan.
  • Whitman is a senior portfolio manager in London at Threadneedle Investments, the international investment arm of American Express, where he is responsible for its €1.5 billion in high-yield bonds.
  • Envirocare of Utah's new credit is three times oversubscribed, even after a 50 basis point reverse flex.
  • Bank of America, J.P. Morgan, Wachovia Securities, Deutsche Bank and Bear Stearns are leading the $3.2 billion credit facility recap for Fidelity National Information Services.
  • A bank meeting is scheduled for Jan. 24 to launch syndication of a $410 million credit facility backing J.P. Morgan Partners' acquisition of PQ Corp.
  • Sigma Capital Management, a New York subsidiary of hedge fund behemoth SAC Capital Advisors, has added another fixed-income big shot trader to its roster.
  • Scott Kephart, high-grade corporate salesman at BNY Capital Markets in Roseland, N.J., has joined Morgan Keegan & Co. in a similar role in New York.
  • Helen Keegan, managing director and co-team leader in dealer sales at Piper Jaffray in New York, has left the firm, according to fixed-income market participants familiar with the departure. Keegan did not return a call.