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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Credit Suisse First Boston and Morgan Stanley are leading a four-and-a-half year, $100 million second-lien loan for Werner Co. Lenders are being offered LIBOR plus 10% on the Caa1-rated debt.
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Bear Stearns is leading a $105 million, three-year term loan for Muzak that relaxes financial covenants, refinances existing debt and leaves $27.2 million on the balance sheet.
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Deutsche Bank and Credit Suisse First Boston are leading a six-year, $312 million incremental term loan "B" for The Carlyle Group's Rexnord Corp.
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Elliot Ganz, a v.p. and associate general counsel and director of U.S. banking at CIBC World Markets, has taken the general counsel spot at The Loan Syndications and Trading Association.
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Ethan Garber, director in the synthetic collateralized debt group at Credit Suisse First Boston International, has left the firm.
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J.P. Morgan is the sole lead for a $135 million financing for Diagnostic Imaging Group.
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Merrill Lynch in London has hired Stephen Burns as a collateralized debt obligation portfolio manager.
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Toronto Dominion is leading a repricing for SP News Print. The amendment will reprice the term loan "B" from LIBOR plus 3% to LIBOR plus 2 1/4%.
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Kevin Murphy and Christopher Pucillo of Stanfield Capital Partners have been recognized by the National Foundation for Teaching Entrepreneurship (NFTE) for their commitment to increasing education and economic opportunities for low-income youth.