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  • Nellson Slides Under EBITDA Pressure
    Irwindale, Calif.-based, Nellson Nutraceuticals' bank debt has continued to slide as the dietary-bar maker faces shrinking EBITDA.
    April 22, 2005
  • PolyMedica Looks to Prior Relationships For New Credit Line
    Past relationships led PolyMedica Corp. to tap Banc of America Securities and Wachovia Bank to lead a five-year, $150 million facility for the Woburn, Mass.-based healthcare provider.
    April 22, 2005
  • Researchers Eye Bankruptcy Reform Ramifications
    Researchers are discussing the potential ramifications on bond spreads and performance from bankruptcy legislation that has worked its way through Congress and is expected to be signed by President Bush.
    April 22, 2005
  • FGIC Hires Goldman Mortgage Official
    Financial Guaranty Insurance Co. has hired Jeffrey Kert, v.p. in the fixed-income and commodities division at Goldman Sachs, as director and senior counsel.
    April 22, 2005
  • Fidelity National Bounces On Paydown Rumor
    A potential paydown on Fidelity National Information Services' bank debt enabled levels to recover from midweek lows.
    April 22, 2005
  • Freddie Mac To Hold First REMIC Re-Offering
    Freddie Mac in May will re-offer a real estate mortgage investment conduit for the first time.
    April 22, 2005
  • Garber Departs CSFB International
    Ethan Garber, director in the synthetic collateralized debt group at Credit Suisse First Boston International, has left the firm.
    April 22, 2005
  • JPM Builds Diagnostic Imaging Book
    J.P. Morgan is the sole lead for a $135 million financing for Diagnostic Imaging Group.
    April 22, 2005
  • Katonah Receives Approvals For The Replacements
    Katonah Capital has replaced the portfolio managers for Katonah II, Katonah III, Katonah IV and Katonah V after receiving the necessary approvals from the funds' shareholders and noteholders, according to a statement from the manager.
    April 22, 2005
  • Lenders Unload $800 Mln Of MachGen Bank Debt
    More than $800 million of MachGen's $1.46 billion of bank debt traded in two days last week as rumors emerged that K-Road Ventures is in talks with lead creditor Société Générale to buy the assets (LMW, 4/18).
    April 22, 2005
  • Market Rebounds After Midweek Drop
    A series of names with tight spreads softened during the week before rebounding as the market adjusted to historically low prices and a roiled bond market.
    April 22, 2005
  • Merrill Lynch Hires Structured Product Manager
    Merrill Lynch in London has hired Stephen Burns as a collateralized debt obligation portfolio manager.
    April 22, 2005
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