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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Mark Rasimas, portfolio manager and trader at U.S. Trust in New York, has joined Wells Capital Management. Rasimas said he will work in a similar role as an asset-backed and commercial mortgage-backed securities analyst and trader.
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Ares Capital is acquiring a $150 million portfolio of senior secured loans, mezzanine debt and equity coinvestments from Royal Bank of Canada.
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Ares Capital is close to acquiring a $150 million portfolio of senior secured loans, mezzanine debt and equity investments in CDOs from Royal Bank of Canada.
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MGM Mirage is launching a massive $6 billion loan this week to back its acquisition of Mandalay Resort Group, tapping into an extraordinarily liquid bank market. -
Royal Bank of Scotland has hired three fixed-income salesmen for its Frankfurt office, bringing the team to five professionals in an effort to enhance distribution to German investors.
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Goldman Sachs is in the market with a $215 million recap for Berkline/BenchCraft that will pay a dividend to Code Hennessy & Simmons.
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Investors are weighing two satellite deals, contrasting the conservative financing being pitched to back The Blackstone Group's $956 million acquisition of New Skies Satellites to PanAmSat Corp.'s more risky credit profile.
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Wachovia Securities is gunning for top spots in the loan and high-yield business, pinpointing financial sponsors as the key to its growth.
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J.P. Morgan and Deutsche Bank last week opened the books on a $2.322 billion credit for Smurfit-Stone Container Corp. that is expected to capture the attention of most of the institutional investor base.
