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  • Barclays Capital has snapped up Gregg Neville, director, and Daphne Haddock, analyst from the structured credit sales desk at BNP Paribas in New York.
  • Syndication is set to begin tomorrow for a refinancing for Panolam Industries International.
  • Loans backing two $1 billion automotive acquisitions by The Cypress Group are hitting the market.
  • Albrycht is the senior portfolio manager at Phoenix Companies, Asset Management Division, and manages $3.4 billion in fixed income from Hartford, Conn.
  • Martha Tuttle, a principal at Prudential Fixed Income, has been name a portfolio manager for Prudential's leverage bank loan team.
  • UBS will hold a bank meeting this week for the financing backing Hicks, Muse, Tate & Furst's $405 million acquisition of Regency Gas Services from Charlesbank Capital Partners.
  • The UBS European high-yield team in London has lost Adam Hewson, executive director and head of European high-yield and mezzanine capital markets, two months after Bob Ferguson, head of high-yield sales, departed for Credit Suisse First Boston in London (BW, 8/23).
  • UBS has adjusted the structure and cut the spread by 25 basis points on the credit backing International Coal Group's $768 million acquisition of Horizon Natural Resources Co.
  • Wind Point Partners is predicting that consolidation in the homebuilding sector will drive growth for its latest acquisition, United Subcontractors Inc. (USI).
  • FTN Financial has transition teams in place to integrate the technical and personnel aspects of its business following its acquisition of Spear, Leads & Kellogg's fixed-income division.
  • GE Commercial Finance has hired Charles Stearns and John Timoney as v.p.s in its capital markets group's structuring team.
  • GTECH Corp. took advantage of the strong market to replace a $300 million facility with a new $500 million revolver that offers more favorable terms and additional flexibility for potential acquisitions.