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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Syndication is said to be going well for Transwestern Pipeline Co.'s $550 million refinancing.
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Bakker is head of asset- and mortgage-backed securities investments at Faxtor in Amsterdam. The firm has approximately E600 million under management, predominantly in European mezzanine and subordinate ABS.
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Two high yield salesmen have returned to R.W. Pressprich & Co. after a brief stint of less than one month at Maxcor Financial.
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Barry Bobrow has left Banc of America Securities to head Wachovia Securities' asset-based syndicate group. Bobrow was a managing director in syndicated finance at B of A.
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BNP Paribas hit the market last Tuesday with a $180 million facility backing Ares Management's acquisition of Maidenform from Oaktree Capital Management.
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Boyd Gaming Corp. has tapped Bank of America, CIBC World Markets and Wells Fargo Bank to lead the $1.5 billion bank facility backing its $1.3 billion merger with Coast Casinos.
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CKE Restaurants is significantly expanding its credit facility to replace its notes with lower-cost debt.
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Steve Oricoli has left Credit Suisse First Boston to join UBS as an executive director and head of the mortgage dealer sales desk in New York.
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Edison Mission Energy (EME) is offering first- and second-lien tranches in its upcoming $2 billion debt refinancing, highlighting an emerging trend among financially stretched power companies to dice their refinancings into bank friendly first-lien paper and riskier second-lien debt targeting institutional investors, according to Power Finance & Risk, a LMW sister publication.