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  • Deutsche Bank in London is bolstering its institutional client group with the addition of a new European head, and the creation of a sole global head for the group.
  • Houston Limited Partners NFL Holdings, the 70% owner of the Houston Texans National Football League franchise, is refinancing its “A” and “B” loans into one “A” loan to cut interest costs.
  • Horizon Lines’ new credit facility will launch at LIBOR plus 3% on the term loan and LIBOR plus 2 1/2% on the revolver, a banker said.
  • Salton, maker of the George Foreman grill, is in discussions with its senior lenders to obtain more cash and waivers to fend off a possible Chapter 11 filing.
  • The Loan Syndications and Trading Association adopted a new set of primary market standards at its board meeting two weeks ago that became effective June 1.
  • Jeff Bosland, head of the primary dealership at Daiwa Securities America in New York, has moved to Credit Suisse First Boston as director and co-head of the agency business, also in New York.
  • Credit Suisse First Boston and Wachovia Securities launched syndication of a $214 million credit facility for KRG Capital Partners portfolio company UTI Corp. last Thursday that backs UTI's $230 million acquisition of MedSource Technologies.
  • Michael Doherty has left National City Bank and moved to Colorado to start a venture of his own. Doherty was a managing director in sales and trading at Nat City and was a board member of the LSTA.
  • Two traders recently left Banc of America Securities' mortgage desk in New York.