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
More articles
More articles
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Horizon Lines new credit facility will launch at LIBOR plus 3% on the term loan and LIBOR plus 2 1/2% on the revolver, a banker said.
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Salton, maker of the George Foreman grill, is in discussions with its senior lenders to obtain more cash and waivers to fend off a possible Chapter 11 filing. -
The Loan Syndications and Trading Association adopted a new set of primary market standards at its board meeting two weeks ago that became effective June 1.
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Jeff Bosland, head of the primary dealership at Daiwa Securities America in New York, has moved to Credit Suisse First Boston as director and co-head of the agency business, also in New York.
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Credit Suisse First Boston and Wachovia Securities launched syndication of a $214 million credit facility for KRG Capital Partners portfolio company UTI Corp. last Thursday that backs UTI's $230 million acquisition of MedSource Technologies.
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Michael Doherty has left National City Bank and moved to Colorado to start a venture of his own. Doherty was a managing director in sales and trading at Nat City and was a board member of the LSTA.
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Two traders recently left Banc of America Securities' mortgage desk in New York.
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Blaylock & Partners, an institutional brokerage and investment banking firm based in New York with offices in Chicago and San Francisco, is gearing up to offer fixed-income investors options and swaps based on taxable and tax-free municipals.
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Harry Fry, senior managing director at Cantor Fitzgerald in charge of its brokerage division in New York, recently left the firm and plans to join Maxcor Financial Group.
