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  • Credit Suisse First Boston this week brought the first multi-jurisidictional CMBS from its Titan real estate conduit, becoming the first CMBS to break the 20bp new issue barrier.
  • ABN Amro and NIB Capital this week priced the Netherlands' first single-borrower CMBS, although the deal will not be marketed until next year.
  • Crédit Foncier, one of the leading issuers of mortgage obligations foncières market, last Friday priced its debut asset backed security, shedding the risk on a Eu3.3bn portfolio of residential mortgages. The deal is also the first synthetic in France to use the KfW sponsored Provide programme.
  • The credit rating's agency's view for the next year
  • Cammer is managing director/senior portfolio manager and heads a team that manages $6 billion dollars of taxable fixed income at Smith Barney in New York.
  • Fidelity National Financial's Advanced Commercial Banking System (ACBS) division is targeting greater efficiency in the loan asset class following its acquisition of loan settlement system ClearPar.
  • GFI Group is planning to add credit-default swaps referenced to asset-backed securities, convertible bonds and preferred shares to its online system for credit derivatives trading next year.
  • Intermet Corp.'s $90 million revolver and $120 million "B" loan traded upwards to the 95-96 and 94-94 1/4 range, respectively.
  • Sigma Capital Management, a New York subsidiary of hedge fund giant SAC Capital Advisors, has made four additional hires for its new global fixed-income fund.
  • This chart, provided by Citigroup Global Markets, tracks bid-ask prices for par credit facilities that trade in the secondary market.
  • Four veterans of the sub-prime U.K. mortgage market have set up a new London-area lender, Money Partners, as a joint venture with Kensington Mortgages, an established originator and issuer of residential mortgage-backed securities.
  • Sugar Land, Texas-based Imperial Sugar has put in a new four-year, $100 million asset-based revolver with Bank of America as the sole lender.