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  • Jeff Stuart, head of structuring and marketing for syndications at Bank of Tokyo-Mitsubishi (BTM), has joined The Royal Bank of Scotland (RBS) as managing director and head of loan markets for the Americas.
  • Horizon Natural Resources Co.'s $465 million term loan is continuing to draw bidders as coal prices reach new highs.
  • Lehman Brothers and Bear Stearns held a bank meeting last Thursday for an amendment to Pinnacle Entertainment's credit that will reprice the "B" loan at a lower rate.
  • DaVita is adding a $250 million "C" loan to back its $150 million acquisition of Physicians Dialysis.
  • Deutsche Bank won an £8.5 million ($15.6 million) auction of U.K.-based Polestar Group's pro rata bank debt last week.
  • Per-Se Technologies, an Atlanta-based software provider to physicians and hospitals, has retired its $118.8 million "B" loan through the sale of $125 million of 20-year 3 1/4% convertible subordinated debentures.
  • Atlas Pipeline Partners, an indirect subsidiary of Resource America, has completed a new $135 million credit, dramatically increasing the size of its previous line. The
  • The bank debt financing for Thomas H. Lee Partners' leveraged buyout of Refco Group was close to being filled last week despite a mixed response from loan investors.
  • Bear Stearns launched syndication last Wednesday for a $155 million credit backing Regus Group's $302.5 million acquisition of HQ Global Workplaces.
  • BNP Paribas has recently made five hires to develop its integrated credit strategy team, which was created earlier this year by the merger of its high-yield, high-grade, cash and derivatives businesses, said Len Jardine, head of credit sales and research in New York.
  • Dylan Brooks, credit trader at Deutsche Bank in New York, is joining RBS Greenwich Capital as a managing director.