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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
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Rasekh Huq, previously a mortgage-backed trader at Credit Suisse First Boston, recently joined J.P. Morgan Securities as v.p. in the mortgage sales division.
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Pierluigi Volini, associate in high yield industrials research at Goldman Sachs, started last week at Lehman Brothers in London as executive director on the high-yield research team.
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Fitch Ratings has added three senior professionals to its residential mortgage-backed securities group in New York, according to Joanne Sokolowski, managing director in-charge of the structured finance and residential mortgage group.
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GE Capital is in the market with a pro rata refinancing for J.W. Childs Associates portfolio company The NutraSweet Co.
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Two investment-grade traders left HSBC Securities last week, which in turn picked up a trader and a junior analyst.
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Claudio Phillips is rejoining the loan market as a senior managing director and head of the distressed bank debt trading group at The Seaport Group, as first reported on LMW's Web site last week.
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Mark Landis has resigned from Credit Suisse First Boston in New York, where he had recently been a managing director and head of fixed-income sales for North America.
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GE Capital last week launched syndication of a $113 million facility backing TA Associates acquisition of Youth and Family Centered Services (YFCS).
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Wachovia Securities and Credit Suisse First Boston are set to lead a financing package backing Castle Harlan's acquisition of Caribbean Restaurants from Oak Hill Capital Partners, shifting gears on what would have been a dividend recap.