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Securitization People and Markets

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  • Claudia McPherson, an analyst who covered investment-grade financials at MetLife Inc.'s buy-side unit, has moved to AIG Global Investments in a similar role, according to Mark Gross, director of investment-grade research at AIG.
  • J.P. Morgan and Citibank are in the market with a $150 million add-on term loan "D" for Allied Waste Industries that could be priced lower than the company's "B" and "C" tranches.
  • Jim Sweeney will begin working as a v.p. and trader on the loan desk of TD Securities today.
  • Syndication of a $685 million facility backing Kohlberg Kravis Roberts & Co.'s $1.5 billion acquisition of mattress manufacturer Sealy Corp. launched last week.
  • Credit Suisse First Boston and Wachovia Securities last week launched syndication of a $262 million facility for Caribbean Restaurants.
  • GE Capital last Wednesday launched syndication of a $145 million recapitalization for Ranpak Corp.
  • Dwight Jenkins has resigned from the American Securitization Forum, where he was executive director.
  • SAC Capital Advisors has hired Andres Anker from Goldman Sachs as a portfolio manager within its global macro team.
  • Adams Outdoor Advertising has tapped Wachovia Securities to lead its $295 million refinancing.