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
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Carmike Cinemas was able to get a spread of LIBOR plus 31/4% on its five-year, $100 million second-lien loan.
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Pricing was flexed down a further 25 basis points on the CIBC World Markets-led refinancing of Isle of Capri Black Hawk's $165 million term loan.
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Pricing is said to be LIBOR plus 7% for the $13 million second-lien piece on the credit backing Olympus Partners' acquisition of Homax Products from Harbour Group.
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Syndication is oversubscribed on The Goodyear Tire & Rubber Company's new $300 million term loan, which is being added to the company's existing $1.3 billion asset-based credit facility.
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Artie DeGaetano, head of the high-yield trading team and a partner at Bear Stearns, resigned a couple of weeks ago due to family health issues.
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Credit Suisse First Boston launched syndication last week for a $310 million recapitalization for Buffets.
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Ricciardi joined Merrill early last year from Credit Suisse First Boston. He is a managing director and head of the global structured credit products group.
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CONMED Corp. recently returned to the market to decrease the pricing on its $260 million term loan by 50 basis points.