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Securitization People and Markets

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  • The Carlyle Group has tapped Lehman Brothers and Citibank to lead the financing funding its $159 million acquisition of Garrett Aviation Services from General Electric Co.
  • Price talk has emerged on the $800 million credit backing Thomas H. Lee Partners' $1.75 billion acquisition of Nortek Holdings.
  • Bloemker is the head of investments in mortgage and government securities and is responsible for a $30 billion portfolio in Boston.
  • The massive demand for loans is prompting corporations to reprice their credits at record lows.
  • Jefferies & Co. will be acting as syndication agent on the $207.5 million recapitalization for CCC Information Systems alongside sole lead arranger and book runner Credit Suisse First Boston.
  • J.P. Morgan, Lehman Brothers and Credit Suisse First Boston are in the market with a $310 million credit backing The Carlyle Group's $670 million acquisition of the Standard Aero division of Dunlop Standard Aerospace Group.
  • Lehman Brothers has landed the lead spot for the financing backing ArcLight Capital Partners and Caithness Energy's $558 million acquisition of 12 power plants and a natural gas pipeline from National Energy & Gas Transmission, according to Power, Finance & Risk, an LMW sister publication.
  • GE Capital and Calyon kicked off syndication last Wednesday for a refinancing and recapitalization of Alliant Resources Group.