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Securitization People and Markets

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  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • The $1.1 billion "B" loan for Nalco Co. was upsized to $1.3 billion last week, but pricing was also trimmed 25 basis points from LIBOR plus 23?4%.
  • Private equity firm Kenner & Company has tapped CIBC World Markets and UBS to provide a credit facility backing the $610 million acquisition of window-manufacturer Atrium Corp.
  • UBS and Merrill Lynch Capital launched a $240 million bank deal for wire and cable manufacturer General Cable Corp. last Wednesday.
  • Market players said the loan market has shown incredible flexibility this year adapting to the needs of issuers and the investors who are willing to provide that critical liquidity.
  • Bear Stearns Merchant Banking is buying CamelBak Products and has tapped BNP Paribas and Bank of New York to lead the debt financing.
  • Bank of America is pitching a $200 million credit for Quanta Services, a specialized contracting service offering end-to-end network services to the electric power, gas, and telecom and cable industries.