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  • Fitch Rebuilds Team After 100% Turnover
    John Keane, director on Fitch Ratings' corporate securitization team in London, has left for Barclays Capital, where he will be a director in whole business research.
    March 18, 2005
  • Global Scores $1 Mln Savings
    Global Imaging Systems will save up to $1 million a year after repricing its $208 million term loan from LIBOR plus 2% to LIBOR plus 1 1/2%.
    March 18, 2005
  • Hedge Fund Benefits From Exelon, Owens Corning
    John A. Levin & Co.'s Levco Debt Opportunity Fund was up 0.53% last month benefiting from bank debt positions in Owens Corning and Exelon Boston.
    March 18, 2005
  • HSBC Lures Bear Stearns Traders
    HSBC has hired two mortgage-backed securities traders from mortgage trading powerhouse Bear Stearns.
    March 18, 2005
  • Bear Stearns Sourcer Leaves
    Tina Leung, a managing director and bank loan sourcer at Bear Stearns, has left the firm.
    March 18, 2005
  • BNP Paribas Names Trading Head
    Andy McConnell, pass-through trader at RBS Greenwich Capital, started this week at BNP Paribas in New York.
    March 18, 2005
  • Centerplate Anticipates Stadium Buildouts
    With stadium construction on the front burner, stadium concessions service operator Centerplate has taken out a $215 million loan from GE Capital.
    March 18, 2005
  • CIBC, Citi Launch Xerium
    CIBC World Markets and Citigroup held a bank meeting last Wednesday for Xerium Technologies, launching syndication of a $750 million loan in connection with its planned initial public offering.
    March 18, 2005
  • kate-kutasi-kellner-dileo.gif
    Kate Kutasi: Kellner, DiLeo Cohen & Co.
    Kutasi is a portfolio manager at Kellner, DiLeo Cohen & Co. in New York, which manages $550 million in distressed/ high-income, special situations merger arbitrage and convertible arbitrage investments.
    March 18, 2005
  • London Fund Adds Researchers
    London-based asset manager Cairn Capital has hired two credit analysts to provide research support to its collateralized debt obligation and hedge fund businesses.
    March 18, 2005
  • McLeod Prepack Speculation Grows
    Speculation is growing among market participants about a possible prepackaged bankruptcy for McLeodUSA in the next four to five months.
    March 18, 2005
  • Merrill Lynch Hires CMBS Bankers
    Merrill Lynch in London has hired two professionals from the rating agencies for its real estate finance group.
    March 18, 2005
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