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  • Range Resources Doubles Credit
    Range Resources Corp. amended and more than doubled its credit facility alongside the acquisition of the 50% of Great Lakes Energy Partners that it previously did not own.
    July 09, 2004
  • Revlon Trades Actively Over Par
    Revlon Consumer Products Corp.'s new $800 million "B" loan was trading actively last week breaking at 102 1/4 and then rising up to the 103 5/8-3/4 level.
    July 09, 2004
  • WhiteHorse Capital Gears Up For First Launch
    WhiteHorse Capital Partners, a Dallas-based investment firm that focuses on managing leveraged loans and structured finance vehicles, is gearing up to launch its debut collateralized loan obligation, sources said.
    July 09, 2004
  • Evergreen Trader Moves To Sales
    Jim Claire, senior v.p. and head of taxable fixed-income trading at Evergreen Investment Management in Charlotte, N.C., has moved to its short-term sales group as senior v.p. and director.
    July 09, 2004
  • Flagship Joins Busy Pipeline
    Flagship Capital Management, a loan subsidiary of Bank of America, is in the market with its third collateralized loan obligation.
    July 09, 2004
  • GE, Wachovia Ready Acosta Add-On
    A bank meeting is scheduled for tomorrow to launch a $200 million add-on "B" loan for Acosta Sales Co. Proceeds will be used to pay a $200 million dividend.
    July 09, 2004
  • Asian Offerings Attract U.S. Investors
    Investment-grade bonds from Asian issuers are receiving more attention from U.S. investors looking for value, according to dealers.
    July 09, 2004
  • Citibank Waives Assignment Fees On Reciprocal Basis
    Citibank has decided to waive assignment fees if the bank that does the trade also waives the fees for Citi.
    July 08, 2004
  • Commodity Prices Fire Up Horizon Resources
    Horizon Natural Resources Co.´s $465 million term loan rose ten points to the 66-70 context from the 54-56 level where it was seen trading three weeks ago. “The notes have become commodity driven, which is coal”, a trader said.
    July 07, 2004
  • Flagship Capital Joins Busy CLO Pipeline
    Flagship Capital Management, a loan subsidiary of Bank of America, is in the market with its third collateralized loan obligation.
    July 07, 2004
  • PanAmSat Managing Agents Sign On
    Calyon, BNP Paribas, ING, Scotia Capital and Sumitomo Bank have signed on at the senior managing agent tier for PanAmSat Corp.'s $2.91 billion credit.
    July 07, 2004
  • Revlon Loan Begins Trading Over Par
    Revlon Consumer Products Corp.’s new $800 million “B” loan broke at 102 1/4 earlier today and traders said it is already trading at 103 1/4.
    July 07, 2004
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