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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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Bank of America is leading the debt financing backing United Industries Corp.'s $360 million acquisition of United Pet Group (UPG).
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Shiv Chatterjee, managing director in proprietary trading at Citigroup, has transferred back to the firm's global markets division to run mortgage-backed securities trading.
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Citibank is in the market with an amendment to cut the spread on FMC Corp.'s $243 million "B" loan by 75 basis points to LIBOR plus 1 3/4%.
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Montano is a managing director and head of mortgage-backed securities research at J.P. Morgan in New York. He's spent about two years at the firm and previously was at Credit Suisse First Boston.
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Darren Hadlock, whole loan agency trader at Goldman Sachs, is joining Deutsche Bank in New York to work for Michael Commoroto, head of private label mortgage-backed securities and whole loan trading.
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Clay Desjardine is leaving his position as head of secondary sales and trading at Deutsche Bank later this year, as first reported on Loan Market Week's Web site last week.
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Avenue Capital Group has brought on board two analysts to build out its recently formed collateralized loan obligation business.
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Jim Baldino will serve as head of credit portfolio management for the newly formed commercial bank and private bank at J.P. Morgan, when the merger with Bank One takes effect.
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BNP Paribas is making a move to increase its presence in the U.S. leveraged loan market and has hired a leveraged finance vet from Credit Suisse First Boston to help in the effort.