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Securitization People and Markets

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  • DeLucia is a senior economist and portfolio strategist at Prudential Retirement in Hartford, Conn.
  • The Seaport Group has added Ray Murphy, previously a managing director at SAMCO Capital Markets, as managing director in sales.
  • Ares Capital Management's business development corporation (BDC) Ares Capital Corp. is looking to raise $150 million through a secondary stock offering.
  • CamelBak Group has returned to market with a $152 million credit that backs a dividend to Bear Stearns Merchant Banking.
  • Calyon last week launched syndication of a $340 million credit backing the acquisition of Envirocare of Utah by an investment group led by Lindsay Goldberg & Bessemer.
  • The Seaport Group recently added Ray Murphy, managing director at SAMCO Capital Markets, as managing director in sales.
  • J.P. Morgan and Bear Stearns are prepping a $605 million credit for Telcordia Technologies that backs Providence Equity Partners and Warburg Pincus' $1.35 billion acquisition of the software and communications company from Science Applications International Corp.
  • NDCHealth Corp. is in technical default on its $225 million credit facility and would need lender approval to access the revolver portion of the credit.