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  • Brendan Galloway, Barclays Global Investors
    Galloway is head of the enhanced cash team, which is part of the European cash management desk at BGI in London.
    August 20, 2004
  • Citi To Launch Floating-Rate Fund
    Citigroup Asset Management plans to launch a floating-rate closed-end fund.
    August 20, 2004
  • Collins & Aikman Floorcoverings Margins Fall
    Collins & Aikman Floorcoverings' weakening revenues and margins has led Standard & Poor's to downgrade the company's ratings. Its operating margin dropped to 12.9% from 22.7% the prior year.
    August 20, 2004
  • Conn. Waste Co. Sells Enron Claims
    A $440 million auction of bifurcated Enron Corporate and Enron Power Marketing Inc. (EPMI) claims was held today.
    August 20, 2004
  • Conseco Drops On CEO's Resignation
    Conseco's $800 million "B" loan dropped half-a-point at the start of last week after William Shea, the company's ceo, resigned.
    August 20, 2004
  • Maxcor Shifts Down Credit Ladder
    Maxcor Financial Group, an institutional broker-dealer, is refocusing its business on crossover, high-yield and distressed credits, said Jon Sablowsky, head of high-yield trading and sales at Maxcor.
    August 20, 2004
  • SG Launches Hotel Credit
    Société Générale last Monday launched syndication of a $135 million refinancing for Interstate Operating Co., a subsidiary of Interstate Hotels & Resorts.
    August 20, 2004
  • Teleflex Consolidates Lines
    Teleflex's new $400 million revolver merges several 364-day lines into one facility.
    August 20, 2004
  • Trio Of New Issues Trade Above Par
    A trio of new issues broke for trading last week, with all three changing hands above par.
    August 20, 2004
  • UBS Salesman Jumps To BofA
    Jim Brophy, corporate salesman at UBS, has been hired by Banc of America Securities, according to Bill Parry, head of U.S. investment-grade sales at BofA. Brophy, who was on vacation last week and could not be reached, will start at BofA next month.
    August 20, 2004
  • AAT Adds 51 Lenders As Telecom Financing Improves
    AAT Communications Corp. attracted 51 additional lenders to its new $325 million credit facility, and in the process got better pricing, more flexible covenants and extended maturities than its previous line.
    August 20, 2004
  • AES Scores All-Round Better Terms
    Market conditions and an improved credit profile have enabled The AES Corp. to amend its $650 million credit facility to extend the maturity and cut the spread.
    August 20, 2004
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