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Securitization People and Markets

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  • Jane Summers, executive v.p. and general counsel of The Loan Syndication and Trading Association, is resigning after over four years in the role
  • Scotia Capital played matchmaker between Kohlberg, Kravis Roberts & Co., and Masonite International Corp. after KKR officials asked Scotia bankers if they had a relationship with the Canadian company
  • A subsidiary of PRIMUS Telecommunications Group will take out a term loan of up to $100 million.
  • Banc of America Securities, Lehman Brothers and CIBC World Markets are underwriting a $305 million facility for Synagro Technologies.
  • Trimaran Capital Partners has tapped Banc of America Securities to lead an $85 million credit backing its $140 million acquisition of Charlie Brown's.
  • Bob Johnson, head of fixed-income sales at Nomura Securities International in New York and a veteran of the dealer community, left the firm last week after only a couple weeks on the job.
  • Investors filled the $660 million credit for integrated communications provider NTELOS following a bank meeting last Tuesday at the New York Palace Hotel.
  • The Royal Bank of Scotland tweaked Oreck Corp.'s bank deal last week, increasing the dividend to sponsor American Securities Capital Partners by $9.4 million from $60.5 million and reducing the interest expense.