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  • Pricing Cut On ISP
    Pricing has been cut on the $950 million term loan for Wayne, N.J.-based chemical manufacturer ISP Chemco, a subsidiary of International Specialty Holdings Corp.
    February 10, 2006
  • Rise Of Alternative Lenders Will Complicate Restructurings
    Restructurings will become increasingly complex because of the rise of alternative investors in the distressed debt marketplace, Kenneth Buckfire, managing director and co-founder of Miller Buckfire & Co., said in his keynote address.
    February 10, 2006
  • Stillwater Mining Scoops Up Cheaper Financing
    Favorable bank market conditions enabled Stillwater Mining Company to shave 100 basis points off the interest rate on its $140 million term loan.
    February 10, 2006
  • TRACE Puts Pressure On Compliance Groups
    Increased regulatory emphasis on the fixed-income market has firms scrambling to anticipate what they feel will be a wave of increased scrutiny.
    February 10, 2006
  • Infor Global Solutions Set To Launch
    JPMorgan and Credit Suisse are expected to launch syndication of $970 million in loans for Infor Global Solutions' acquisition of Geac Computer Corp.
    February 10, 2006
  • Lawyers Attack New Bankruptcy Code
    The new bankruptcy code came under attack from lawyers, who complained that it will make bankruptcy proceedings more costly, lead to more litigation and will likely increase the number of pre-packaged bankruptcies.
    February 10, 2006
  • Lehman Loan Salesman Leaves Biz
    John McManus, a senior v.p. on the Lehman Brothers' sales desk, resigned from the firm last week.
    February 10, 2006
  • London Manager Looking To Hire In U.S.
    BlueBay Asset Management in London is opening a U.S. office and hiring marketers to target U.S. investors with its suite of fixed-income hedge funds and "long plus" bond strategies.
    February 10, 2006
  • Movie Gallery Dips As Company Seeks Amendment
    Movie Gallery's term loan "B" dropped 3/4 point to the 92-93 range after the company said it was in talks with lenders about further amendments to its senior credit facility.
    February 10, 2006
  • Movie Gallery Dips As Company Seeks Amendment.
    Movie Gallery's term loan "B" dropped 3/4 point to the 92-93 range after the company said it was in talks with lenders about further amendments to its senior credit facility.
    February 10, 2006
  • Navistar Comes To Market
    Credit Suisse and Bank of America are leading a three-year, $1.5 billion term loan "B" for Navistar International Corp.
    February 10, 2006
  • Trio Leads HealthSouth
    JPMorgan, Citigroup and Merrill Lynch are leading syndication of a $3.85 billion refinancing deal for HealthSouth Corp.
    February 10, 2006
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