Latest news
Latest news
Blatter will be lead portfolio manager for BlackRock’s European CLO platform
Deal raises questions about whether transaction was done at arm's length
Joanna Chan is taking on the role of head of strategic capital
More articles
More articles
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Deutsche Bank launched syndication last week on a $110 million facility for Switch and Data.
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Wachovia Securities plans to open an investment-grade sales office in Boston and will also look to hire up to 20 corporate bond professionals in the coming months, according to Jim Kelligrew, managing director and head of investment--grade debt.
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Credit Suisse First Boston and UBS have rejiggered the financing backing Leonard Green Partners' leveraged buyout of FTD.
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*GE Commercial Finance will lead a new loan for Sotheby's Holdings that could be up to $200 million. GE has agreed to lend $100 million and will seek to syndicate the rest, according to a Sotheby's statement.
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The following is a list of prominent personnel moves from around the U.S. and European markets. To submit an item for inclusion in this column, contact Scott Goodwin, managing editor, at 212-224-3276 or sgoodwin@iinews.com.
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FTN Financial Group has hired Vernon Outlaw as an investment-grade corporate salesman. The role is a new one.
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GEO Specialty Chemicals is in discussions with its senior bank lenders and its equity sponsor Charter Oak Partners to obtain funds to cure a default after it failed to make the February interest payment on its $120 million subordinated notes.
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Lender demand has led to an increase in the size of The Goodyear Tire & Rubber Co.'s add-on term loan from $300 million to $650 million.
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Lehman Brothers and Bear Stearns have nabbed the lead roles on Pinnacle Entertainment's new $300 million credit facility, replacing Bank of America, which decided not to pitch to keep the business.