Latest news
Latest news
Debut manager is launching a CLO platform building on leveraged loan market experience
Andrew Burgess worked at Prytania for 16 years
Public versus private distinction scrapped for disclosure plus new, simplified templates for mature asset classes
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Fasthold Capital, an Orange, Calif.-based loan broker, plans to raise $200-300 million over the next six to nine months to buy distressed residential mortgage assets.
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CUSIP Global Services launched its European bank loan application (EBL) platform through which European agent banks can request CUSIP identifiers similar to those currently assigned to U.S. loans.
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Marty Fridson believes the leveraged buyout market is likely to recover early in the next decade based on a recent turnaround in the quality mix of new speculative grade issuance.
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Martin Pryor, a par salesman and managing director at Citigroup, was let go Tuesday morning as part of continuing cuts to Citi's staff.
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Downgrades exceeded upgrades by a count of 14 to four for Moody's Investor Service's May speculative-grade liquidity (SGL) ratings.
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RBC Capital Markets has tapped Richard Rothschild as managing director in its global syndicated finance sales group.
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The Regional Bond Dealers Association expects to hold its second meeting this week to discuss issues affecting the bond market.
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Van Kampen's Christina Jamieson was voted onto the Loan Syndications and Trading Association's board of directors last week.
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ICAP has hired William Nichols as a managing director to set up a brokerage and trading platform for non-economic residuals for commercial mortgage-backed and residential mortgage-backed securities as well as commercial real estate derivatives.