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  • Goodyear Snaps Back With Disclosure
    The bank debt for The Goodyear Tire & Rubber Co. has been stronger following the announcement that investigations into its overseas accounting have been concluded.
    April 16, 2004
  • High-Yield Roundup
    Secondary activity was light again last week, a result of what one investor described as a "hangover" from the holiday weekend.
    April 16, 2004
  • Holmes Refi Comes To Mart
    Proceeds from The Holmes Group's new $420 million credit will refinance existing bank debt, retire bonds and pay a dividend to sponsor Berkshire Partners.
    April 16, 2004
  • Homebuilder Increases Revolver
    M.D.C. Holdings has increased a $600 million Bank One-led revolver to $700 million as part of its projected 15% per-year growth strategy
    April 16, 2004
  • Investors Eye Transwestern Refi
    Syndication is said to be going well for Transwestern Pipeline Co.'s $550 million refinancing.
    April 16, 2004
  • Jeroen Bakker, Faxtor Securities
    Bakker is head of asset- and mortgage-backed securities investments at Faxtor in Amsterdam. The firm has approximately E600 million under management, predominantly in European mezzanine and subordinate ABS.
    April 16, 2004
  • Junk Salesmen Jilt Maxcor
    Two high yield salesmen have returned to R.W. Pressprich & Co. after a brief stint of less than one month at Maxcor Financial.
    April 16, 2004
  • Leap Wireless Climbs Further
    Leap Wireless International was once again living up to its name with the company's vendor-financing paper jumping three or four points to trade in the 95-96 range last week.
    April 16, 2004
  • LIBOR Plus
    Barry Bobrow has left Banc of America Securities to head Wachovia Securities' asset-based syndicate group. Bobrow was a managing director in syndicated finance at B of A.
    April 16, 2004
  • April 9 -- April 15
    April 16, 2004
  • Bedding Co. Sleeps Well; Domino's Plans IPO
    National Bedding Company (NBC) has reduced its leverage, improved coverage ratios and made progress in integrating Sleepmaster, after buying the mattress company out of bankruptcy last year.
    April 16, 2004
  • BNP Paribas Shops Maidenform
    BNP Paribas hit the market last Tuesday with a $180 million facility backing Ares Management's acquisition of Maidenform from Oaktree Capital Management.
    April 16, 2004
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