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  • Chemed Corp. found the right combination of institutional and commercial banks while amending its credit agreement last month, said David Williams, cfo.
  • Mahony is a portfolio manager at J. & W. Seligman and manages $1.5 billion in investment-grade bonds from New York.
  • Credit Suisse First Boston and TD Securities have refinanced Nashville-based ClientLogic's bank debt with the terms changing during syndication.
  • London-based Cross Asset Management, which is run by Roddy Campbell and manages $400 million, benefited in January from its position in U.K.-based distressed name MyTravel, according to LMW sister publication Alternative Investment News.
  • Credit Suisse First Boston has rejiggered the terms on KGen Partners $475 million bank deal. Syndication of the deal for the Matlin-Patterson-sponsored company was launched at a bank meeting Feb. 15, with CSFB pitching a $225 million "B" loan and a $250 million second-lien piece.
  • DDJ Capital Management has hired a senior research analyst from Putnam Investments to bolster its bench as the Wellesley, Mass.-based fund rolls out new funds.
  • Deutsche Bank has lost three from its high-yield sales and trading desk.
  • American Commercial Lines (ACL) has emerged from bankruptcy with the potential to capitalize on favorable conditions in the transportation sector.
  • Astaris has wrapped up a $75 million asset-based revolver that will serve as a new and independent source of financing for the phosphorus chemical producer.
  • Bear Stearns is leading a $250 million collateralized loan obligation for WhiteHorse Capital Partners.
  • Owens Corning continued to climb as expectations that the U.S. Court of Appeals for the Third Circuit would overturn Judge John Fullam's decision on substantive consolidation increase.
  • Stefan D'Annibale, mortgage-backed pass-through trader at Banc of America Securities in New York, has resigned and joined RBS Greenwich Capital Markets.