Latest news
Latest news
PAG also hires new vice president
Agreement on the EU package could run to December, senior lawyer told conference
Octopus Electric Vehicles has also added to its capital markets team
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UBS and Deutsche Bank are prepping a $375 million credit facility and $250 million of term notes for Builders FirstSource that will refinance debt and pay a $237 million dividend to JLL Partners.
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Wachovia Securities is returning to market with a new $76 million add-on "C" loan for NEP Supershooters that buysiders said should coast despite a rough time when the provider of outsourced media services tapped the market last May.
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Pirate Capital, the Norwalk, Conn.-based event-driven hedge fund firm founded by ex-Goldman Sachs distressed bank debt trader Thomas Hudson, is likely to limit monthly subscriptions for its Jolly Roger Fund.
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A trade group that represents credit investors is looking for a new executive director.
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The $650 million of bank debt backing the acquisition of Intelsat by Zeus Holdings is unlikely to change, even if the purchase price of the company is lowered.
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A trade group that represents credit investors is looking for a new executive director.
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Standard & Poor's is planning to hire an accountant for its financial institutions division.
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Tenet Healthcare Corp. is looking at various credit tools--including bank debt--after terminating its five-year, $800 million credit agreement and putting in place a $250 million one-year, letter of credit facility with Bank of America and Citigroup.
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The Royal Bank of Scotland launched syndication of a $210 million bank deal for Oreck Corp. last Thursday that will pay a $60.5 million dividend to equity sponsor American Securities Capital Partners (ASCP) and refinance bank debt at lower rates.