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  • infoUSA Taps Wells Fargo For New Bank Line
    infoUSA has completed a $170 million bank deal led by Wells Fargo Capital Markets to profit from market liquidity and consolidate its debt into one single credit facility, said Raj Das, cfo of infoUSA.
    April 02, 2004
  • Interstate Bakeries Holds
    Interstate Bakeries Corp. has maintained its par plus levels despite the company's recent quarterly loss projections and a downgrade from Moody's Investors Service.
    April 02, 2004
  • Investment Group Bid To Buy Mayflower Reportedly Fails
    Mizuho International and an unnamed private equity investor reportedly made an offer to buy Mayflower Corp. for a package worth GBP80-95 million ahead of the company?s filing for administration on Wednesday.
    April 02, 2004
  • Kevin Akioka: Payden & Rygel Investment Management
    Akioka is the high-yield portfolio manager at Payden & Rygel in Los Angeles. The firm has $51 billion under management, primarily in fixed income.
    April 02, 2004
  • Kratzman's Rabobank Switches To RBS For CLO
    RBS Greenwich Capital is reportedly leading a $300 million collateralized loan obligation for Rabobank International's CLO unit led by industry veteran E.A. Kratzman.
    April 02, 2004
  • March 25 - April 1
    April 02, 2004
  • Market Drives Waste Co. Amendment
    Improvements in the loan market drove Waste Connections to increase the size and decrease the interest rate on its "B" loan. In the fall, the company took out a $175 million "B" loan at LIBOR plus 2%.
    April 02, 2004
  • Mayflower Sinks With Failed Negotiations...
    The bank debt for Mayflower Corp. came under intense pressure last week as the company announced that it was appointing Deloitte & Touche as administrators.
    April 02, 2004
  • Metaldyne Seeks Waivers
    Metaldyne Corp. is in talks with its lenders to seek waivers for late financial reporting and to secure continued access to the $200 million revolver portion of its bank debt.
    April 02, 2004
  • Nuveen Scores Big With Bank Loan IPO
    Nuveen Investments’ raised $720 million for its Nuveen Floating Rate Income Fund, that will invest in bank loans.
    April 02, 2004
  • On The Move
    The following is a list of prominent personnel moves from around the U.S. and European markets.
    April 02, 2004
  • Primary Roundup
    April 02, 2004
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