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  • Rayovac Term Loan Hits High Notes
    Rayovac Corp.'s $540 million "B" loan was seen trading north of 101 1/2 despite a spread of just LIBOR plus 2%.
    February 04, 2005
  • RBS Adds Lehman Staffer
    Kathryn Murphy has joined RBS Securities from Lehman Brothers. Murphy will focus on both primary and secondary loan sales out of New York and reports to Art de Peña, head of loan sales at RBS.
    February 04, 2005
  • andrew-holmes-schroders.gif
    Andrew Holmes: Schroder Investment Management
    Holmes, a director at Schroder Investment Management in London, is product manager for the firm's £2.5 billion in euro-denominated bonds.
    February 04, 2005
  • Apollo's Trucking Co. Pays Down Bank Debt
    Quality Distribution, an Apollo Management-controlled trucking company, issued $85 million in floating seven-year senior notes to pay down $70 million in bank debt and to raise money for working capital.
    February 04, 2005
  • Asset Manager Adds Portfolio Help
    Phoenix Companies' asset management division has added a generalist portfolio assistant to help out with its $4 billion in fixed income under management.
    February 04, 2005
  • Auto Bonds Get Off To Gangbuster Start
    Sales of bonds backed by retail auto loans are off to one of the fastest starts in recent memory, with more than $12 billion sold in just the first month of the year.
    February 04, 2005
  • Bear Stearns Grows Commercial Asset Finance
    Bear Stearns in London has hired three managing directors to bulk up the commercial side of its principal and asset-backed finance team headed by Andy Clapham.
    February 04, 2005
  • KBW To Open Jersey Office
    Bob Plunkett, head of high-grade corporate bond trading at BNY Capital Markets in Roseland, N.J., has joined Keefe, Bruyette, & Woods and will be opening a Red Bank, N.J., office.
    February 04, 2005
  • Lehman Sales Star Moves To Greenwich Capital
    Glenn Hall has left his position as a high-grade credit salesman at Lehman Brothers and plans to join RBS Greenwich Capital in a similar role.
    February 04, 2005
  • LSTA's Summers Steps Down
    Jane Summers, executive v.p. and general counsel of The Loan Syndication and Trading Association, is resigning after more than four years in the role.
    February 04, 2005
  • Intelsat Takes Out Super-Fast Dividend Deal
    Intelsat rattled bondholders and some lenders by taking a $300 million dividend only days after completing the financing backing the buyout.
    February 04, 2005
  • Jefferies Unit To Construct Standalone MBS Biz
    Jefferies & Co. is creating a dedicated mortgage-backed securities business under its Bonds Direct unit and has hired Jim Perillo, senior collateralized-mortgage obligation trader and team leader at Piper Jaffray, to lead the MBS charge.
    February 04, 2005
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