Latest news
Latest news
HSBC hires experienced head for Australian structured finance desk
Ares middle market deal in 2025 was the first CLO incorporated in Luxembourg
Banker had been at NatWest for three years
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Horizon Lines new credit facility will launch at LIBOR plus 3% on the term loan and LIBOR plus 2 1/2% on the revolver, a banker said.
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Salton, maker of the George Foreman grill, is in discussions with its senior lenders to obtain more cash and waivers to fend off a possible Chapter 11 filing. -
The Loan Syndications and Trading Association adopted a new set of primary market standards at its board meeting two weeks ago that became effective June 1.
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Jeff Bosland, head of the primary dealership at Daiwa Securities America in New York, has moved to Credit Suisse First Boston as director and co-head of the agency business, also in New York.
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Credit Suisse First Boston and Wachovia Securities launched syndication of a $214 million credit facility for KRG Capital Partners portfolio company UTI Corp. last Thursday that backs UTI's $230 million acquisition of MedSource Technologies.
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Michael Doherty has left National City Bank and moved to Colorado to start a venture of his own. Doherty was a managing director in sales and trading at Nat City and was a board member of the LSTA.
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Two traders recently left Banc of America Securities' mortgage desk in New York.
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Blaylock & Partners, an institutional brokerage and investment banking firm based in New York with offices in Chicago and San Francisco, is gearing up to offer fixed-income investors options and swaps based on taxable and tax-free municipals.
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Harry Fry, senior managing director at Cantor Fitzgerald in charge of its brokerage division in New York, recently left the firm and plans to join Maxcor Financial Group.
