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  • Telcordia Deal Forced Back To The Table
    Trading in the bank debt of Telcordia Technologies was pulled as a planned bond deal was postponed last Wednesday.
    March 11, 2005
  • Trout Tightens Spread
    Deutsche Bank and Lehman Brothers reverse flexed the pricing on Trout Coal Holding's bank deal.
    March 11, 2005
  • Greif Banks On Improved Terms
    Greif has closed a five-year, $350 million revolver with Deutsche Bank and Key Bank that pares interest costs and loosens covenants.
    March 11, 2005
  • Hexcel Taps Deutsche Bank, B of A For Global Muscle
    Deutsche Bank and Banc of America Securities were picked to lead Hexcel Corp.'s new $350 million senior secured credit due to their international banking presence.
    March 11, 2005
  • Investors Flood Into Gaming Buyout Deal
    Deutsche Bank and Goldman Sachs filled the books on the $1.06 billion facility for Resorts International Holdings as investors take a bet on the strength of gaming credits.
    March 11, 2005
  • Kaye Scholer Lures Clifford Chance Creditors Team
    Law firm Kaye Scholer has brought over five partners to its creditors' rights group from rival Clifford Chance. Margot Schonholtz, Mark Liscio, Madlyn Gleich Primoff, Scott Talmadge and Jill Kurtzman are joining the firm's business reorganization and creditors' rights practice.
    March 11, 2005
  • Lehman Snares Deutsche Bank MD
    Jeff Ogden will be joining Lehman Brothers next month in its loan capital markets division. He had worked at Deutsche Bank until a few weeks ago.
    March 11, 2005
  • Life Sciences Co. Powers Up For Acquisitions
    Sigma-Aldrich Corp. has put in place a $300 million credit facility led by Wells Fargo and Wachovia Capital Markets to provide firepower for future acquisitions.
    March 11, 2005
  • Eurohypo Hires For CMBS
    Eurohypo in London has hired Hugh Fraser, associate director in the commercial mortgage-backed securitization group at Fitch Ratings in London, as a v.p. in securitization.
    March 11, 2005
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    Fender Taps Bank Mart For Special Dividend
    Fender Musical Instrument Corp., maker of the legendary Stratocaster and Telecaster guitars, is looking to borrow $320 million in first and second-lien loans to fund a $215 million one-time special dividend to shareholders and employee bonuses.
    March 11, 2005
  • German Bank Loses Three In CMBS
    Three London-based members of the six-strong commercial mortgage-backed securitization team at Hypo Real Estate Bank International have resigned.
    March 11, 2005
  • German Trading Heats Up
    German distressed names are taking center stage with domestic banks unloading assets and trading activity picking up.
    March 11, 2005
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