Latest news
Latest news
Blatter will be lead portfolio manager for BlackRock’s European CLO platform
Deal raises questions about whether transaction was done at arm's length
Joanna Chan is taking on the role of head of strategic capital
More articles
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The Royal Bank of Scotland is continuing to bulk up, bringing on board Andrew Rothstein as a senior v.p. in its loan markets group from Merrill Lynch Capital and Chad Hersch as an associate v.p. loan salesman from Credit Suisse First Boston.
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Syndication of the credit backing The Cypress Group and Goldman Sachs Capital Partners' $1.165 billion acquisition of Cooper-Standard Automotive has been delayed until after Thanksgiving due to an injunction on the sale.
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Citigroup and Barclays last week launched syndication of Thomson Media's new credit with the first lien being offered at LIBOR plus 2 3/4% and the second lien going out at LIBOR plus 6%.
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UBS is in the market with a repricing for Communications and Power Industries (CPI) that will take the spread on the $90 million term loan to LIBOR plus 2 1/2% from LIBOR plus 3%.
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Paper-storage firm Iron Mountain has tapped J.P. Morgan for a seven-year, $150 million "D" loan to acquire Connected Corp. for $117 million and to buy out a minority interest joint venture partner.
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Herb Finn, senior managing director and head of fixed-income sales at Advest Securities in New York, has recently left his post, according to fixed-income market participants.
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GE Commercial Finance has hired Laura Hom as a senior v.p. on the structuring team.
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Robert Lass, managing director of Radius Equity Partners, belted out Ray Charles' "Georgia On My Mind" in front of distressed investors and attorneys at The Venetian Hotel's Zeffirino Ristorante.
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Credit Suisse First Boston and UBS launched a repricing last week for Harbor Freight Tools' $440 million "B" loan.