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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
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Don Pollard, LSTA Chair and global head of the syndicated loan group at Credit Suisse First Boston, had the audience in either stitches or embarrassment with mock video footage of market players
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Tom Connor, head of the primary dealership at J.P. Morgan, has left the firm hot on the heels of the departure of Mark Werner.
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FrontPoint Partners is looking to add up to seven fixed-income professionals to its recently established credit team, said Phil Duff, ceo of the Greenwich, Conn.-based investment manager.
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As first reported on LMW's Web site, Marsh & McLennan Companies (MMC) is lining up immediate discussions with its lenders to amend or replace its $2.755 billion credit facilities as Eliot Spitzer continues his assault on the company over brokerage fees.
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Deutsche Bank is leading a $300 million refinancing for food retail and distribution company Nash Finch Co.
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NorthWestern Corp. plans to emerge from bankruptcy next month with holders of a pre-petition, $390 million term loan paid back with a $3.9 million premium and new, cheaper financing for the company pitched to the market.
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Calyon is increasing its presence in the Latin American syndicated loan market and has brought Rodrigo Gracia on board from Dresdner Kleinwort Wasserstein in New York.
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Leverage is back and it's back aggressively, Barbara Grunkemeyer, deputy comptroller for credit risk at the Office of the Comptroller of the Currency, told attendees. -
Marsh & McLennan Companies (MMC) plans to commence immediate discussions with its lenders to amend or replace its $2.755 billion credit facilities as Eliott Spitzer continues his assault of the company over brokerage fees.
