Latest news
Latest news
Meanwhile, BNP Paribas hires in structured finance
Debut manager is launching a CLO platform building on leveraged loan market experience
Andrew Burgess worked at Prytania for 16 years
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JPMorgan is leading a $315 million financing for The Tire Rack, America's largest independent tire tester and direct retail and wholesale source for tires, wheels and accessories.
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Pricing has been assigned to the $805 million, JPMorgan and Lehman Brothers-led amended credit facility for TravelCenters of America.
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UBS is leading a $500 million facility to back Advent International's $545 million acquisition of Boart Longyear Group, a part of Anglo Ferrous Metals, from Anglo American.
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UBS has promoted executive director Kevin Latimer to head of par loan sales.
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WestLB's North American investment banking corporate finance group has brought on board James McGovern as a director.
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Osprey Group Asset Management is planning to launch a distressed fund sometime in the next month.
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PSEG Energy Holdings is refinancing a $200 million revolver via Union Bank of California, trimming capacity by $50 million.
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Deutsche Bank and Banc of America Securities have set pricing on the $1 billion credit facility for Silgan Holdings.
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JPMorgan and Bank of America are leading an amended $805 million credit facility for TravelCenters of America that will refinance more expensive debt and put in place an essentially all-senior debt structure.