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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The Goodyear Tire & Rubber Company has added a six-year, $300 million third-lien loan that will increase liquidity and help address a maturing obligation for ¤400 million due in June 2005.
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HealthSouth has amended and restated its existing credit facility to reduce pricing and cut fees annually by almost $1 million.
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Gundlach is president and heads a 40-member team responsible for TCW's mortgage-backed and asset-backed portfolio. -
Kevin Dooley has left Deutsche Bank and is joining TD Securities as a senior par trader starting March 30.
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Four members of Trust Company of the West (TCW) have left to form Silvermine Capital Management, a new firm that will initially invest in bank loans and eventually move across the high-yield spectrum.
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Astoria Energy will launch a refinancing for a $700 million "B" loan facility backing construction of a 1,000 MW gas-fired plant in Queens this week, according to Power Finance & Risk, an LMW sister publication.
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Credit Suisse First Boston and UBS are leading a repricing for Nortek, a provider of building products for residential, light commercial and commercial applications.
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American Securities Capital Partners (ASCP) joined the ranks of private equity firms taking dividends as it moved last week to take approximately $47 million from Unifrax Corp., a provider of ceramic fiber insulating products.
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New York-based EagleRock Capital Management has hired John Petrozzi from Goldman Sachs, where he was a senior high yield and distressed debt trader for the past six years.
