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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Lygia Campbell, managing director and senior insurance and consumer products analyst at Bear Stearns, is joining UBS Principal Finance as a director.
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Kellner Di Leo Cohen & Co. has hired Brad Gustafson, distressed securities analyst and workout specialist at Alliance Capital Management, as financial analyst for the distressed and high-income portfolios.
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Itron, a supplier of automatic meter readers for the water and energy sectors, is repricing its loan. Bear Stearns and Wells Fargo Bank are leading the deal.
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Gaffney is a portfolio manager of the $3.3 billion Loomis Sayles Bond Fund in Boston. -
Bear Stearns and Wachovia Securities are collecting commitments for $90 million of bank debt backing Federal Information Technology Systems' $117.2 million acquisition of Sensor Systems. Kelso & Co.
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J.P. Morgan and Bank of America are arranging a $290 million credit facility for DURA Automotive Systems to enhance liquidity and refinance its existing $175 million revolver and $111 million "C" loan.
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Morgan Stanley and Goldman Sachs are leading a $380 million refinancing for Cellnet that backs a dividend to GTCR Golder Rauner.
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BNP Paribas has added two J.P. Morgan staffers to its syndication, trading and placement group in order to strengthen the banks' U.S. business.
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HSBC Securities has added Neil Yang, exotics trader at BNP Paribas, as managing director and senior correlation trader within structured credit products.
