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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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Dean Foods Co. eliminated its "B" loan and increased its pro rata during syndication in response to strong pro rata demand, frustrating investors in institutional pieces.
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Jason Kim, whole loan trader at Merrill Lynch in New York, has joined Deutsche Bank in a similar role.
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Burton Weinstein has teamed up with Jeff Schachter to form Cedarview Capital Management.
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Nebraska Book Co. is trying to cut the spread on its institutional term loan by 25 basis points to LIBOR plus 2 1/2%, with lead bank J.P. Morgan.
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Wilson is a managing director and fixed-income portfolio manager responsible for $75 billion under management.
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Citigroup Global Markets and Lehman Brothers have committed $10 billion in unsecured credit facilities to back Cox Enterprises' $7.9 billion proposed acquisition of the 38% publicly-held portion of Cox Communications.
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Bank of America and J.P. Morgan are looking for commitments on a $950 million credit for Rainbow National Services, a subsidiary of Cablevision Systems Corp.
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SAMCO Capital Markets, a mid-sized broker in New York, is considering whether to set up an emerging markets broking desk, said Charles Engel, senior managing director in New York.
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Investors are circling R.H. Donnelley's $1.45 billion add-on bank loan backing the acquisition of SBC Communications' yellow pages publishing business, keen on the paper and company but questioning whether they are being paid for the increased risk.