July 21, 2008 - Nomura Securities International has named Surat Maheshwari head of private placement and US debt capital markets.
July 14, 2008 - Maxim Group has hired two professionals, Richard Kreger and Salvatore Renzo, who specialize in structuring private investments in public equity (PIPE) securities.
July 7, 2008 - Although TPG backed out of a deal to inject £179 million into UK financial institution Bradford & Bingley, additional private investment in public equity (PIPE) issues by European financial services firms are still possible.
July 7, 2008 - Mitsubishi UFJ Securities (USA) Inc. said Tuesday that it hired Conrad Owen to run its new Private Capital Markets group, a move that is designed to expand into an area of finance that is expected to see heightened activity amid tightening credit market conditions.
July 7, 2008 - Peter Bennett, formerly head of private placements at Deutsche Bank, Piper Jaffray and Lazard Middle Market, has been tapped to lead the private placement group at Needham & Co.
June 30, 2008 - Enough is enough for Industrial Alliance Insurance and Financial Services, at least when it comes to public debt holdings. The Canadian insurance company's experience as a BCE bondholder has convinced its chief executive and president, Yvon Charest, to stick with debt private place-ments instead.
June 30, 2008 - Secondary private transaction volume for unregistered securities in US private companies increased by about 140% in 2007, to $3 billion, according to a research report from NYPPEX Private Markets.
May 5, 2008 - Tougher financing conditions, coupled with doubts over the return of looser credit, are drawing the leading Brazilian banks back to structured finance.
March 17, 2008 - Wachovia Securities was in the market last week with a first mortgage bond deal for Napierville, Ill.-based Nicor Gas, sources said...
March 3, 2008 - While one could hardly call the CLO market healthy, the rumors of its demise may be slightly exaggerated....
March 3, 2008 - Despite turbulence involving large write-downs and executive changes at the top of the company, Citigroup managed to hold on to the top spots as both underwriter of stocks and bonds, and underwriter of bonds in 2007, according to data from Thomson Financial. The bank underwrote $546.5 billion of debt in 2007, taking an 8.2% market share with 1,431 offerings. JPMorgan moved to the second spot from third last year, with $476.3 billion and a 7.2% market share. Deutsche Bank followed with $429.71 billion and a 6.5% market share.
December 6, 2007 - In the movie As Good as It Gets, Jack Nicholson's Melvin Udall character must overcome his obsessive-compulsive disorder to win the heart of Helen Hunt's...
December 6, 2007 - NeyBanc Capital Markets was circulating a $50 million first mortgage deal for electric utility Detroit Edison, sources said. The Detroit-based company...
September 30, 2007 - As in the U.S., investment banks in Europe are busy cooking up solutions to rid themselves of the estimated 80 billion leveraged loan overhang, which has...
September 16, 2007 - Any plumber will tell you that they rarely find diamonds when they clean clogged pipes. While First Data's debt package is the undisputed harbinger as...