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Securitization People and Markets

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  • 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.
  • Joe Russell, the former head of leveraged loan and high-yield debt trading at Credit Suisse First Boston, has accepted an offer to start at hedge fund Citadel Investment Group.
  • Goldman Sachs has hired Brian Jacoby, executive director at Morgan Stanley, as a v.p. and credit research analyst covering the auto sector.
  • JPMorgan and GE Capital are leading a credit line to finance the The Carlyle Group's $555 million acquisition of LifeCare Holdings from GTCR Golder Rauner.
  • Commitments for the term loan to fund the $11.4 billion acquisition of SunGard Data Systems have been piling in, bankers said.