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  • Michael Materasso, Fiduciary Trust International
    Materasso is an executive v.p. and head of global fixed income at Fiduciary. He manages the firm's $18 billion fixed-income fund from its headquarters in New York.
    February 27, 2004
  • Adelphia Yo-Yos After Plan Holds Up Pre-Petition Payout
    Adelphia Communications Corp. bank debt was volatile last week following the company's filing of a proposed plan of reorganization, which included a clause indicating that no distributions will be made to pre-petition lenders until litigation against the lenders is resolved.
    February 27, 2004
  • Advest Hires Pru Syndicate Pros
    Advest Securities has hired three members of Prudential Securities? debt syndicate team, according to Herb Finn, senior managing director and head of sales.
    February 27, 2004
  • Barclays Taps Lehman Trading Head
    Mark Noble, head of callable agency trading at Lehman Brothers, has resigned and plans to join Barclays Capital.
    February 27, 2004
  • Bear Stearns Adds Lehman Energy Analyst
    Bear Stearns has hired Ted Izatt, a former Institutional Investor-ranked analyst, as an energy and basic materials researcher.
    February 27, 2004
  • B of A Pitches Global Cash Access
    Bank of America is in the market with a $280 million facility for Las Vegas-based Global Cash Access (GCA).
    February 27, 2004
  • Best Trading Desk 2004
    Who will buyside firms rank as the best trading desks in the secondary market, and why, in Loan Market Week's 2004 institutional investor survey.
    February 26, 2004
  • Goldman Shuts Boston Bond Effort
    Goldman Sachs is closing its Boston fixed-income sales office, according to an internal memo sent today by Jon Winkelried, co-head of fixed income, currencies and commodities in New York.
    February 25, 2004
  • Adelphia Yo-Yos With Reorg Plan; Off-The-Run Names Trade
    Adelphia Communications bank debt has been highly volatile following the company's filing of a proposed plan of reorganization, which included a clause indicating that no distributions will be made to pre-petition lenders until litigation against the lenders is resolved.
    February 25, 2004
  • B of A Auctioning Eaton Vance Portfolio
    Bank of America is conducting a sale of $212 million worth of loans on behalf of Eaton Vance Management.
    February 25, 2004
  • European CLO Firm Up For Sale
    Duke Street Capital, a U.K.-based private equity firm, is reportedly looking to sell its leveraged loan asset management business, which currently has just under $2 billion in loans under management.
    February 25, 2004
  • Record Exit Financing Planned By Adelphia
    Adelphia Communications Corp. today announced what it believes will be the largest exit financing ever completed at $8.8 billion.
    February 25, 2004
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