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Securitization People and Markets

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  • BNP Paribas launched syndication last week of a $151 million credit backing Onex Partners' $209 million acquisition of Cosmetic Essence's parent company BMP/CEI Holdings.
  • The Carlyle Group's European leveraged finance business hired four more staffers to its newly created team.
  • Constellation Brands has tapped J.P. Morgan to lead the debt backing its $1.36 billion acquisition of The Robert Mondavi Corp.
  • Hartford, Conn.-based Phoenix Companies recently added Gulen Indomenico and Andy Glover to its fixed-income research team.
  • Ryan Labs has ramped up an additional $800 million in new business in the last few months and has been expanding its New York asset management group, said Mike Donelan, portfolio manager of the now around $19 billion investment-grade fixed-income fund.
  • Barclays Capital has snapped up Gregg Neville, director, and Daphne Haddock, analyst from the structured credit sales desk at BNP Paribas in New York.
  • Syndication is set to begin tomorrow for a refinancing for Panolam Industries International.
  • Loans backing two $1 billion automotive acquisitions by The Cypress Group are hitting the market.
  • Albrycht is the senior portfolio manager at Phoenix Companies, Asset Management Division, and manages $3.4 billion in fixed income from Hartford, Conn.