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  • Herbalife Seeks Reprice
    UBS is in the market with an amended and restated facility for Herbalife International that cuts pricing on the company's $104.8 million credit by 1%.
    February 27, 2004
  • High-Yield Roundup
    The high yield market was sloppy last week, after Calpine Corp. canceled a large offering on Tuesday.
    February 27, 2004
  • Lender Sells Spiegel Debt
    A $55 million piece of Spiegel's bank debt was auctioned off in the high 50s last week with the paper said to have come out of Europe.
    February 27, 2004
  • LIBOR Plus
    Deutsche Bank named Michael Paasche head of loan products, a new position in the Global Corporate Finance division.
    February 27, 2004
  • Manager Plans Second Structured Finance Repack
    INVESCO is seeking to sell the liabilities in its second collateralized debt obligation backed by cash flows from structured finance assets.
    February 27, 2004
  • Michael Materasso, Fiduciary Trust International
    Materasso is an executive v.p. and head of global fixed income at Fiduciary. He manages the firm's $18 billion fixed-income fund from its headquarters in New York.
    February 27, 2004
  • Adelphia Yo-Yos After Plan Holds Up Pre-Petition Payout
    Adelphia Communications Corp. bank debt was volatile last week following the company's filing of a proposed plan of reorganization, which included a clause indicating that no distributions will be made to pre-petition lenders until litigation against the lenders is resolved.
    February 27, 2004
  • Advest Hires Pru Syndicate Pros
    Advest Securities has hired three members of Prudential Securities? debt syndicate team, according to Herb Finn, senior managing director and head of sales.
    February 27, 2004
  • Barclays Taps Lehman Trading Head
    Mark Noble, head of callable agency trading at Lehman Brothers, has resigned and plans to join Barclays Capital.
    February 27, 2004
  • Bear Stearns Adds Lehman Energy Analyst
    Bear Stearns has hired Ted Izatt, a former Institutional Investor-ranked analyst, as an energy and basic materials researcher.
    February 27, 2004
  • B of A Pitches Global Cash Access
    Bank of America is in the market with a $280 million facility for Las Vegas-based Global Cash Access (GCA).
    February 27, 2004
  • Best Trading Desk 2004
    Who will buyside firms rank as the best trading desks in the secondary market, and why, in Loan Market Week's 2004 institutional investor survey.
    February 26, 2004
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