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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
More articles
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Investors are pulling together to push back aggressive repricings or are trying to find a middle ground with issuers who have been the beneficiaries of a super-hot market. -
It pays to be in distress.
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The recent decline in the yield of the benchmark 10-year Treasury note is leading previously skeptical high-yield issuers to take a second look at the market and consider issuing bonds in the coming five months, according to capital markets heads.
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Bank of America landed the lead spot on Denny's Corp.'s new credit by being competitive and offering the best deal, according to Ken Jones, Denny's v.p. and treasurer.
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Galloway is head of the enhanced cash team, which is part of the European cash management desk at BGI in London.
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Citigroup Asset Management plans to launch a floating-rate closed-end fund.
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Maxcor Financial Group, an institutional broker-dealer, is refocusing its business on crossover, high-yield and distressed credits, said Jon Sablowsky, head of high-yield trading and sales at Maxcor.
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Société Générale last Monday launched syndication of a $135 million refinancing for Interstate Operating Co., a subsidiary of Interstate Hotels & Resorts.
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Jim Brophy, corporate salesman at UBS, has been hired by Banc of America Securities, according to Bill Parry, head of U.S. investment-grade sales at BofA. Brophy, who was on vacation last week and could not be reached, will start at BofA next month.
