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Latest news
PAG also hires new vice president
Agreement on the EU package could run to December, senior lawyer told conference
Octopus Electric Vehicles has also added to its capital markets team
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Deutsche Bank and Citigroup are leading a $2.6 billion deal for Huntsman International.
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Lehman Brothers and Citigroup are leading a $1.9 billion deal for EPCO Holdings.
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The Bond Market Association has hired fixed-income market veteran Randy Snook, formerly a partner at Goldman Sachs, as executive v.p. and head of its New York office.
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Fidelity Investments has hired Mike Plage, trader at Citigroup Investments in Hartford, Conn., as a trader in its liquid markets group.
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BNP Paribas has made a couple of hires to boost its credit team.
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BNP Paribas has hired Jim Bolger, managing director in credit trading at Bear Stearns, as director and senior financials trader.
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Bayou Steel Corp. is targeting a recapitalization that will fund a $35 million dividend to shareholders, including distressed specialist Black Diamond Capital Management.
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Bear Stearns is leading a $420 million credit facility for MMM Holdings, the largest healthcare HMO in Puerto Rico.
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According to Dealogic data, investment-grade revolvers jumped 106% from $123.3 billion in the first quarter to $254.3 billion in the second quarter this year.
