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Securitization People and Markets

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  • Rajendra is a managing director and head of European securitization research at Deutsche Bank in London, having joined the firm in mid-2001 from Merrill Lynch.
  • Jefferies & Co. has hired Peter Dixon, director in fixed- income sales at BNP Paribas as senior v.p. in Treasury sales.
  • Lehman Brothers and Goldman Sachs are leading a $900 million facility for Vanguard Car Rental USA. Citigroup is a joint bookrunner.
  • The BNY Capital Markets-led credit facility for Patriot Media and Communications restructured and decreased pricing due to oversubscription.
  • Houston boutique Complete Energy Holdings has launched a $560 million "B" loan deal to fund its acquisition of the 1 GW La Paloma Generating Station.
  • BNY Capital Markets has made a slew of hires for its fixed-income team in Roseland, N.J.
  • Credit Suisse First Boston has begun informal chats with investors regarding the bridge loan backing the $5.1 billion buyout of The Nieman Marcus Group by private equity funds Texas Pacific Group and Warburg Pincus.
  • Ed Cook, senior v.p., joined the RBS sales group last Monday.
  • Sempra Energy is reworking $2.7 billion in three-year revolving loans at subsidiaries Sempra Global, San Diego Gas & Electric and Southern California Gas Co.