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
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UBS has adjusted the structure and cut the spread by 25 basis points on the credit backing International Coal Group's $768 million acquisition of Horizon Natural Resources Co.
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FTN Financial has transition teams in place to integrate the technical and personnel aspects of its business following its acquisition of Spear, Leads & Kellogg's fixed-income division.
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GE Commercial Finance has hired Charles Stearns and John Timoney as v.p.s in its capital markets group's structuring team.
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Financial Guaranty Insurance Company in London has hired one structured finance professional and plans to add another four by year-end, bringing the European team to about 15, according to Rick Watson, managing director and head of structured finance.
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UBS has adjusted the structure and cut the spread by 25 basis points on the credit backing International Coal Group's $768 million acquisition of Horizon Natural Resources Co.
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Warrick heads the portfolio management team at Principal Global Investors, which manages $74 billion in fixed income from Des Moines, Iowa. -
Stratos Global Corp. chose Royal Bank of Canada and Bank of America to lead its refinancing, replacing a previous credit led by several Canadian institutions.
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Robert Aufiero, principal at Credit Strategy Advisors, a fixed-income advisory firm with over $750 million under management, plans to soon join Ryan Asset Liability Management (Ryan ALM), a new firm started by Ryan Labs founder Ron Ryan.
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JPMorgan Partners portfolio company Doane Pet Care Co. is refinancing its credit facility through Credit Suisse First Boston.
