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  • BNP Paribas has hired Geoffrey Manna as a managing director in its leveraged finance group.
  • 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.
  • The latest aggregate ratings data from Moody's Investors Service showed a slight loss of traction in the month of May.
  • Countrywide Funding in Calabasas, Calif., recently hired Jeff Detweiler, a director in the conduit business at Credit Suisse First Boston in New York.
  • 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.
  • 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.
  • 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.
  • 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.