Latest news
Latest news
Gramazio becomes a managing director after working at the rating agency since 2020
Claim that fees put off institutional investors denied
Meanwhile, BNP Paribas hires in structured finance
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Horizon Lines' new $275 million credit facility will launch this Wednesday with the term loan being shopped at LIBOR plus 3% and the revolver at LIBOR plus 2 1/2%.
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Anchorage Capital Group is launching a new hedge fund that will focus on investments in the crossover credit space.
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Chris Birosak, a managing director in Merrill Lynch's loan group, will be leaving the firm in the coming months.
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BNP Paribas has hired Geoffrey Manna as a managing director in its leveraged finance group.
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John DeCoursey, formerly a managing director and private placement trader at The Seaport Group, has joined Banc of America Securities to bolster its private placement trading group, sources said.
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The latest aggregate ratings data from Moody's Investors Service showed a slight loss of traction in the month of May.
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Countrywide Funding in Calabasas, Calif., recently hired Jeff Detweiler, a director in the conduit business at Credit Suisse First Boston in New York.
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Deutsche Bank in London is bolstering its institutional client group with the addition of a new European head, and the creation of a sole global head for the group.
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Houston Limited Partners NFL Holdings, the 70% owner of the Houston Texans National Football League franchise, is refinancing its A and B loans into one A loan to cut interest costs.