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Securitization People and Markets

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  • Joseph Bencivenga, managing director and head of capital markets research and private equity at broker-dealer Guggenheim Capital Markets in New York, has joined Plainfield Asset Management.
  • Katie Hostalier, structured finance analyst at Commerzbank Securities in London, has taken on a new role as a desk analyst working with the firm's sales and trading staffers and ceased publishing written research.
  • J.P. Morgan is in the market with a new loan for Sinclair Broadcasting.
  • Morgan Stanley and UBS have set pricing on Trump Hotels & Casino Resorts' $500 million credit facility.
  • Bear Stearns set terms on the $185 million credit facility for New World Restaurant Group at a bank meeting last Thursday.
  • Beau Cummins, head of investment-grade and liquid products origination at Banc of America Securities in New York, starts next month at SunTrust Robinson Humphrey as a senior managing director.
  • Mike Henderlong, executive director, has been promoted to head of bank loan sales at Morgan Stanley.
  • Credit Suisse First Boston and TD Securities are leading a $125 million second-lien term loan for Trident Exploration.
  • Lygia Campbell, managing director and senior insurance and consumer products analyst at Bear Stearns, is joining UBS Principal Finance as a director.