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Latest news
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
More articles
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Martinez is a senior portfolio manager for asset-backed and mortgage-backed securities at Fortis Bank in Brussels. He helps to manage E25 billion in ABS/MBS globally. -
Bear Stearns is in the market with an amendment for Scientific Games Corp. to cut the term loan spread down to LIBOR plus 2 1/2%.
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Amol Prasad, asset-backed analyst at Morgan Stanley in New York, has moved over to the trading desk and will trade non-mortgage ABS, according to Michael Brown, managing director, co-head of ABS trading and capital markets in New York.
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Nevada Power Co. is looking for a $200 million revolver to fund the acquisition of a partly completed 1200 MW power station project north of Las Vegas and will subsequently issue around $250 million in long-term bonds to pay down borrowings on the revolver.
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The following is a list of prominent personnel moves from around the U.S. and European markets.
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Managers of senior secured floating rate loan funds are continuing to build assets through the retail route with new launches and significant inflows into existing funds.
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Pacific Investment Management Co., Rydex Investments and ProFunds Advisors are among the buy-side firms touting the benefits of their defensive bond funds in the face of higher interest rates.
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Syndication kicked off last Thursday for Harbor Freight Tools' $490 million recapitalization.
