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Securitization People and Markets

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  • Stratos Global Corp. chose Royal Bank of Canada and Bank of America to lead its refinancing, replacing a previous credit led by several Canadian institutions.
  • Robert Aufiero, principal at Credit Strategy Advisors, a fixed-income advisory firm with over $750 million under management, plans to soon join Ryan Asset Liability Management (Ryan ALM), a new firm started by Ryan Labs founder Ron Ryan.
  • JPMorgan Partners portfolio company Doane Pet Care Co. is refinancing its credit facility through Credit Suisse First Boston.
  • Eaton Vance has hired Daniel McElaney as a trading assistant to provide analysis and support for trading and portfolio management.
  • Fitch Ratings is expanding its high-yield coverage and is looking to hire two additional senior analysts and one or two junior analysts as part of this effort.
  • GE Energy Financial Services has hired Don Kyle, managing director and project finance syndication chief at Société Générale, according to Power, Finance & Risk, an LMW sister publication.
  • GE Commercial Finance is looking to move its capital markets sales team to Manhattan from Stamford, Conn., market players said.
  • J.P. Morgan and Lehman Brothers are in the market with a fully underwritten, $575 million credit for TravelCenters of America that backs its $120 million acquisition of 11 travel centers from Trip Griffin Truck Service.
  • Credit Suisse First Boston and Wachovia Securities launched syndication last Thursday for an $85 million credit backing Tailwind Capital Partners' acquisition of Aircast.