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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
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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.
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Eaton Vance has hired Daniel McElaney as a trading assistant to provide analysis and support for trading and portfolio management.
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Fitch Ratings is expanding its high-yield coverage and is looking to hire two additional senior analysts and one or two junior analysts as part of this effort.
