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  • The Relizon Co. a Dayton, Ohio-based business communications provider acquired by The Carlyle Group in 2000, is vulnerable to the problems experienced by the North American print sector as a whole, including soft customer demand, overcapacity and competitive pricing pressure, notes Moody's Investors Service.
  • Ricciardi joined Merrill early last year from Credit Suisse First Boston. He is a managing director and head of the global structured credit products group.
  • A $15 million piece of the recently restructured Citation Corp. debt was said to have traded this week in the 87-88 range.
  • CONMED Corp. recently returned to the market to decrease the pricing on its $260 million term loan by 50 basis points.
  • The bank debt for the former Bridge Information Systems shot up recently with the rising stock of SAVVIS Communications Corp.
  • Adelphia Communications Corp.'s bank debt may have burned a vast swath of investors over the last few years, but an army of banks and loan investors will be asked to come back for more to finance a potential $8 billion exit financing.
  • SunTrust also came to market last week with a $195 million facility for Golden State Foods.
  • Fitch Ratings has downgraded AT&T Corp.'s senior unsecured debt rating from BBB to BBB- with concerns over continued negative operational trends within the company's core businesses.
  • Goldman Sachs and Deutsche Bank will be leading the financing backing Fenway Partners' $410 million acquisition of American Achievement Corp. from Castle Harlan.
  • Canadian investment bank BMO Nesbitt Burns has unwound a £42 million ($76 million) non-recourse loan position in Drax, a 4 GW power plant in northeast England that its creditors foreclosed on last fall, according to LMW sister publication Power, Finance & Risk.
  • Graham Allen, the former fixed-income chief at Wells Capital Management, has rejoined Bradford & Marzec as head of international fixed income.