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Securitization People and Markets

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  • Goldman Sachs landed the lead role on a $260 million financing for Kohlberg & Co.'s acquisition of Stanadyne Corp. after being the sell-side adviser and offering staple-financing for both the bank tranches and senior subordinated notes.
  • William Jefferson Stuart, head of structuring and marketing for syndications at Bank of Tokyo-Mitsubishi (BTM), has joined The Royal Bank of Scotland as managing director and head of loan markets for the Americas.
  • John Beaver, pass-through trader at Credit Suisse First Boston in New York, has joined Deutsche Bank in a similar role.
  • Primary Energy, an Oak Brook, Ill.-based investment boutique, has pulled a planned $375 million "B" loan refinancing, according to Power, Finance & Risk, an LMW sister publication.
  • Ronald Ryan, former president of Ryan Labs, plans to set up his own firm and focus on liability-based management, said Thomas Kirch, managing partner at KV Partners, LLC. Kirch who replaces Ryan on the board and serves as a senior advisor to Ryan Labs.
  • Pricing has been shaved on the $460 million loan backing Sempra Energy Partners and Carlyle/Riverstone's acquisition of generation assets from American Electric Power.
  • Syndication of Acosta Sales Co.'s dividend recap launched last Tuesday.
  • Scotia Capital, Antares Capital and GE Capital have signed on as agents for the $170 million facility backing AEA Investors' acquisition of Kranson Industries.