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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
More articles
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Manewitz is a managing director in the special situations and restricted investments group for fixed income at TIAA-CREF in New York. -
Symbol Technologies has shelved a $250 million stock offering and is instead putting in place bank debt to repay a bridge loan that funded the $230 million acquisition of radio frequency identification provider Matrics.
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J.P. Morgan, Bear Stearns and Deutsche Bank last week launched syndication of a $260 million credit for Del Laboratories.
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Finacorp Securities, a regional brokerage, may hire up to a dozen institutional fixed-income salesmen to sell high-grade corporates, agencies and structured products.
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Littlejohn & Co. portfolio company Wyle Laboratories will significantly increase leverage to buy the aeronautics services business of General Dynamics Advanced Information Systems.
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A bank meeting is scheduled for Jan. 10 to syndicate the $1.2 billion credit backing battery maker Rayovac Corp.'s $1.3 billion acquisition of pet and garden-products company United Industries Corp. Bank of America is the lead arranger on the credit.
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ING has put its European loan management business ING Capital Management (ICM) up for sale. The London-based collateralized loan obligation shop is being sold separately from the U.S. loan business ING Capital Advisors (ICA), which is also on the block
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A bank meeting is scheduled for Jan. 6 to launch syndication of Coventry Health Care's $450 million credit facility. The credit backs the company's $1.8 billion acquisition of First Health Group Corp.
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Richard Munn, co-head of loan capital markets at Deutsche Bank in London, reportedly left the firm following the merger of its high-yield and investment-grade businesses.
