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  • Dylan Brooks, credit trader at Deutsche Bank in New York, is joining RBS Greenwich Capital as a managing director.
  • A quick end to an employee strike has put syndication back on track for Stillwater Mining Co.'s $180 million refinancing, which was interrupted when employees' rejection of a labor agreement left the credit in limbo.
  • Record spread tightening in the leveraged loan market is spurring issuers to decrease the size of bond deals and increase the amount of bank debt they are taking on, according to Corporate Financing Week, an LMW sister publication.
  • Over $1 billion in commitments have rolled in for Venetian Casino Resort's $760 million "B" loan, with investors betting the spread on the institutional tranche is likely to flex down 50 basis points to LIBOR plus 2 1/4%.
  • Merrill Lynch's credit research department is looking to hire a senior lead analyst for the basics sector.
  • NewStar Financial, a new finance company operating in the corporate middle-market, real estate lending and asset-backed securities markets, is gearing up for a hiring and lending spree after raising $660 million in capital and closing on its first loan deal.
  • Highland Capital Management is planning to expand into the structured products business and has brought on board Dansby White, formerly managing director and head of structured finance and CDOs at Merrill Lynch.
  • Peter Duenas, v.p. in the cash and credit derivatives trading group at Goldman Sachs in London, has moved to the credit trading team at Lehman Brothers in London.