Latest news
Latest news
Claim that fees put off institutional investors denied
Meanwhile, BNP Paribas hires in structured finance
Debut manager is launching a CLO platform building on leveraged loan market experience
More articles
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UBS is in the market with a repricing for Communications and Power Industries (CPI) that will take the spread on the $90 million term loan to LIBOR plus 2 1/2% from LIBOR plus 3%.
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Paper-storage firm Iron Mountain has tapped J.P. Morgan for a seven-year, $150 million "D" loan to acquire Connected Corp. for $117 million and to buy out a minority interest joint venture partner.
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Herb Finn, senior managing director and head of fixed-income sales at Advest Securities in New York, has recently left his post, according to fixed-income market participants.
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GE Commercial Finance has hired Laura Hom as a senior v.p. on the structuring team.
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Robert Lass, managing director of Radius Equity Partners, belted out Ray Charles' "Georgia On My Mind" in front of distressed investors and attorneys at The Venetian Hotel's Zeffirino Ristorante.
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Credit Suisse First Boston and UBS launched a repricing last week for Harbor Freight Tools' $440 million "B" loan.
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BNP Paribas launched syndication last week of a $151 million credit backing Onex Partners' $209 million acquisition of Cosmetic Essence's parent company BMP/CEI Holdings.
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The Carlyle Group's European leveraged finance business hired four more staffers to its newly created team.
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Constellation Brands has tapped J.P. Morgan to lead the debt backing its $1.36 billion acquisition of The Robert Mondavi Corp.