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Norton Rose Fulbright and Katten have added to their legal teams
Asset manager wants to offer more products to institutional investors
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UBS and Bear Stearns last week launched syndication of a $405 million facility for JLL Partners' recapitalization of Builders FirstSource.
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The Pantry has tapped Wachovia Securities to lead its $440 million bank debt refinancing.
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The bank debt for Calpine Construction Finance Company II (CCFC II), now called Calpine Generating Company, traded around the 981/2 range in front of the company's announcement that a refinancing is in the works.
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Deutsche Bank launched syndication last week on a $110 million facility for Switch and Data.
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Wachovia Securities plans to open an investment-grade sales office in Boston and will also look to hire up to 20 corporate bond professionals in the coming months, according to Jim Kelligrew, managing director and head of investment--grade debt.
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Credit Suisse First Boston and UBS have rejiggered the financing backing Leonard Green Partners' leveraged buyout of FTD.
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*GE Commercial Finance will lead a new loan for Sotheby's Holdings that could be up to $200 million. GE has agreed to lend $100 million and will seek to syndicate the rest, according to a Sotheby's statement.
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The following is a list of prominent personnel moves from around the U.S. and European markets. To submit an item for inclusion in this column, contact Scott Goodwin, managing editor, at 212-224-3276 or sgoodwin@iinews.com.
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FTN Financial Group has hired Vernon Outlaw as an investment-grade corporate salesman. The role is a new one.