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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Amy Miller joined Scotia Capital last week to run the U.S. corporate finance and distribution group.
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Nomura Securities International is bolstering its asset finance capital markets capability and recently hired Ali Ettehadieh as director to spearhead commercial asset-backed securitization in London.
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Peabody Energy is looking to arrange a $1.35 billion package of loans to refinance and restructure existing borrowings, according to Power, Finance & Risk, an LMW sister publication.
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Stan Sokolowski, head of loan trading at J.P. Morgan is London is moving to New York to take up a position in the investor client management unit.
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Sovereign Bank has set up a loan syndications and trading group. William Maag, who was a managing director at Fleet Securities prior to the acquisition by Bank of America, is a senior v.p. and market manager.
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Maxcor Financial Group, a broker-dealer in New York, has lost four more of its corporate traders and salesmen, bringing to at least five the number of corporate bond professionals it has lost in recent weeks.
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Syndication is expected next month for the credit backing Jarden Corp.'s $745.6 million acquisition of American Household.
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CIT Business Credit has set up a capital markets group and will be underwriting, syndicating and distributing credits as well as supporting them through a secondary trading platform.