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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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GC Power Acquisition, the private equity-backed vehicle buying Texas Genco Holdings, will launch a $1.375 billion second-lien tranche next week, according to Power, Finance & Risk, an LMW sister publication.
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Towle is partner, portfolio manager and director of high-yield and convertible securities at Lord Abbett in Jersey City, N.J -
Greg Nelson, head of J.P. Morgan's global syndicated loan business, is retiring at the end of the year.
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Northern Capital, an Andover, Mass.-based broker-dealer, is looking for a fixed-income salesman to cover middle market institutions.
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J.P. Morgan and Bank of America launched syndication last week for a $650 million credit for Universal City Development Partners.
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Jostens Intermediate Holding Corp. is in the market to cut the spread on its credit in what could be the fastest return ever for a repricing.
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Lehman Brothers and CIT Group have jointly underwritten a $165 million second-lien loan for Primary Energy Holdings that funds the acquisition of a combined 270 MW of gas-fired co-generation facilities from Reservoir Capital Group.
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Lehman Brothers is in the market with a seven-year, $250 million term loan for Magellan Midstream Holdings.
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Merrill Lynch has set up a distressed equity desk that will work with its equity and debt teams.
