Latest news
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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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Blue Mountain Capital Management has hired Areti Loizou, v.p. in credit research at Morgan Stanley, and Jason Carley, head of European high-grade and high-yield corporate credit research at Merrill Lynch, for the buy-side firm's new London office.
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Lead arrangers Bank of New York and Bank of America are set to wrap syndication of a $300 million unsecured revolving credit facility for Southwest Gas.
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Merrill Lynch and Morgan Stanley are repricing Herbalife International of America's bank debt.
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Flahive and Dunn are part of Mellon's Private Wealth Management Group in Boston.
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Bear Stearns and Wachovia Securities are leading an $80 million "B" loan for Kelso & Co. portfolio company, Federal IT. Pricing has not been set, but the company will be leveraged about 3.7 times.
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UBS is leading a repricing for Horizon Lines that will shave 25 basis points off its existing spread.
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J.P. Morgan and Bear Stearns are leading an $895 million facility for Wyndham International that will refinance existing debt and extend maturities.
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Two UBS collateralized mortgage obligation traders have departed the firm and are headed to RBS Greenwich Capital.
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Citigroup is leading a $1.4 billion credit line for LifePoint Hospitals in conjunction with its approximately $1.7 billion purchase of Province Healthcare.