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October 20, 2008

 Past Issues

News

Icelandic Officials Meet With Creditors in Reykjavik

Officials in Iceland held preliminary meetings last week with foreign and U.S. creditors to discuss how to deal with the debt from the three Icelandic banks that were taken over by that country's government two weeks ago. All three banks--Glitnir, Landsbanki, and Kaupthing--have sold private placement debt to U.S. investors in the past three years.

RBC Expands U.S. Infrastructure Finance Group With Addition of Former PP Agent

RBC Capital Markets moved to bolster its focus on U.S. infrastructure finance this month with the addition of private placement veteran Peter Walraven. The hire is part of an attempt by the firm to capitalize on the growing trend of municipalities looking to privatize infrastructure and transportation projects on a long-term basis.