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  • White is a portfolio manager in charge of $1.1 billion in high-yield assets at Fort Washington Investment Advisors, a buy-side firm based in Cincinnati.
  • J.P. Morgan and Wachovia Securities are scheduled to launch a repricing of Bresnan Communications' $225 million "B" loan this week.
  • Debt management firm Callidus Capital Management is starting a middle-market loan origination business in an attempt to control its own destiny on the origination and allocations of assets.
  • Carmike Cinemas recently reworked its capital structure in an effort to decrease interest and amortization costs, push out maturities and reduce the overall debt of the company.
  • Approaching maturities led CompBenefits Corp. to take out a new $137 million credit facility, refinancing its existing deal.
  • The massive high-beta rally that started in October 2002 and continued through 2003 generated some of the most-spectacular returns ever seen in the credit markets.
  • Credit Suisse First Boston is pumping up its proprietary trading operation and has hired Alexander Soloviev, a convertible arbitrage trader at Lehman Brothers in New York.
  • The $220 million financing backing Aurora Capital's acquisition of Douglas Dynamics from AK Steel was set to launch last Friday as LMW went to press.
  • The market for Dobson Communications Corp.'s bank debt slipped from the 101-1011/2 range to the 993/4-100 context after the company's debt was downgraded by Moody's Investors Service.
  • DRS Technologies amended and restated its credit facility to work with a $350 million note offering backing the $550 million acquisition of Integrated Defense Technologies.
  • Tom Kilgore, a v.p. in structured finance at El Paso, is set to leave the Houston energy firm within the next few weeks.
  • Credit-default swap volumes in contracts referenced to French hotels group Accor jumped last week as market participants traded either side of its end-of-year results released on Wednesday.