Bank Loan Report articles from January 2002

Bank Loan Report archives from January 2002

Mark To Market Fight Brews: FASB Moves 133 Amendment Ahead.(Financial Accounting Standards Board)(Brief Article)(Statistical Data Included)
January 7, 2002... Commercial banks' ability to carry performing loans on their balance sheet at par has created headaches for investment banks for years. But if the Financial Accounting Standards Board (FASB) this year pushes through a new rule aimed at mark to...

2002: To Overweight High Yield or Not?(investment outlook)(Brief Article)
January 7, 2002... High yield investors and analysts are looking forward to a good year for their asset class in 2002. New buyers and the return of more dedicated cash will underpin a market many already are expecting to produce double-digit returns. Annual...

LoanX Set to Launch This Quarter.(Michael Rushmore ready to go)(Brief Article)
January 7, 2002... Banks and investors haven't exactly embraced new business ventures in the past year, but that's not discouraging Michael Rushmore from going about his business. The CEO and co-founder of LoanX, an online trading platform for syndicated loans,...

2001 Rankings: JP Morgan Chase, BofA, Citigroup/SSB Lead.(Citigroup/Salomon Smith Barney, Bank of America)(Brief Article)(Statistical Data Included)
January 7, 2002... Two thousand and one was a tough year for the US economy, but according to Thomson Financial, Wall Street nevertheless reached new heights as a corporate borrowing spree, aided by low interest rates, pushed underwriting activity to record...

CSFB Lends $300M to Laboratory Corp.(Credit Suisse First Boston is administrative agent for Laboratory Corporation of America loan)(Brief Article)(Statistical Data Included)
January 7, 2002... Credit Suisse First Boston is acting as administrative agent for a $300 million loan for Laboratory Corporation of America, one of the country's leading providers of clinical laboratory services. The loan consists of a $100 million, 364-day...

Transit Group Files Chapter 11.(bankruptcy protection)(Brief Article)(Statistical Data Included)
January 7, 2002... Transit Group, one of the 10 largest truckload carriers in the US, filed for bankruptcy last week. A bankruptcy protection court granted the company clearance to draw upon a $7 million DIP facility provided by GE Capital. Transit Group...

Special Metals Corp.(receives loan)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... LOCATION: New Hartford, NY PACKAGE AMOUNT: $392 mil. BOOK RUNNER: Credit Lyonnais SA CO-AGENT: SCOTIABANK OTHER LENDERS: Manufacturers & Traders Trust; Mellon Bank NA; Bank United Corp; Credit Agricole Indosuez; Fleet National...

Franklin Covey Co.(Bank One Corp. is administrative agent to Franklin Covey loan)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... LOCATION: Salt Lake City, UT PACKAGE AMOUNT: $104 mil. ADMINISTRATIVE AGENT: BANK ONE Corp BOOK RUNNER: BANK ONE Corp OTHER LENDERS: Zions First National Bank-Salt PURPOSE: General Corp. Purp. ACTIVE: 07/10/01 ...

Insight Health Services.(BankAmerica is administrative agent to Insight Health Services loan)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... LOCATION: Newport Beach, CA PACKAGE AMOUNT: $275 mil. ADMINISTRATIVE AGENT: BankAmerica SYNDICATION AGENT: First Union National Bancorp DOCUMENTATION AGENT: CIT Group/Business Credit BOOK RUNNER: BankAmerica Corp ...

International Game Technology.(Bank of New York is administrative agent in International Game Technology loan)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... LOCATION: Reno, NV PACKAGE AMOUNT: $260 mil. AMOUNT: $260 mil. ADMINISTRATIVE AGENT: Bank of New York SYNDICATION AGENT: Citibank NA; Wells Fargo Bank NA DOCUMENTATION AGENT: Fleet National Bank; US Bank NA BOOK...

Longs Drug Stores Corp.(receives loan)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... LOCATION: Walnut Creek, CA PACKAGE AMOUNT: $150 mil. AMOUNT: $150 mil. BOOK RUNNER: BankAmerica Corp OTHER LENDERS: Fleet National Bank; Bank of Hawaii; Washington Mutual Inc; Union Bank of California; US Bank NA; Wells Fargo...

Cambrex Corp.(J.P. Morgan and Company Inc.is administrative agent for Cambrex Corp. loan)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... LOCATION: East Rutherford, NJ PACKAGE AMOUNT: $430 mil. ADMINISTRATIVE AGENT: JP Morgan SYNDICATION AGENT: BankAmerica; Bank of New York; Fleet National Bank BOOK RUNNER: JP Morgan & Co Inc CO-AGENT:...

Manpower Inc.(Citibank is administrative agent for Manpower Inc. loan)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... LOCATION: Milwaukee, WI PACKAGE AMOUNT: $750 mil. ADMINISTRATIVE AGENT: Citibank NA SYNDICATION AGENT: BNP Paribas SA; First Union National Bancorp; ABN AMRO BOOK RUNNER: Citibank NA CO-AGENT:...

Tiffany & Co.(Bank of New York is administrative agent for Tiffany and Co. loan)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... LOCATION: New York, NY PACKAGE AMOUNT: $200 mil. AMOUNT: $200 mil. ADMINISTRATIVE AGENT: Bank of New York BOOK RUNNER: Bank of New York OTHER LENDERS: Fleet Precious Metals; Dai-Ichi Kangyo Bank; ABN-AMRO Holding NV;...

Smithfield Foods Inc.(plans to receive $750 million loan)(Brief Article)(Statistical Data Included)
January 7, 2002... LOCATION: Smithfield, VA PACKAGE AMOUNT: $750 mil. AMOUNT: $750 mil. ADMINISTRATIVE AGENT: JP Morgan SYNDICATION AGENT: Rabobank New York DOCUMENTATION AGENT: Credit Agricole Indosuez BOOK RUNNER: JP Morgan & Co Inc...

Ecolab Inc.(plans to receive $450 million loan)(Brief Article)(Statistical Data Included)
January 7, 2002... LOCATION: St Paul, MN PACKAGE AMOUNT: $450 mil. ADMINISTRATIVE AGENT: Citibank NA DOCUMENTATION AGENT: JP Morgan BOOK RUNNER: Citibank NA; JP Morgan & Co Inc OTHER LENDERS: Credit Suisse First Boston; BANK ONE Corp;...

Milacron Inc.(plans to receive $340 million loan)(Brief Article)(Statistical Data Included)
January 7, 2002... LOCATION: Cincinnati, OH PACKAGE AMOUNT: $340 mil. AMOUNT: $340 mil. ADMINISTRATIVE AGENT: Bankers Trust Co BOOK RUNNER: Bankers Trust Co OTHER LENDERS: ABN AMRO Bank NV; Bank One Indiana; Comerica Bank; Fifth Third...

Gartner Group Inc.(plans to receive $200 million loan)(Brief Article)(Statistical Data Included)
January 7, 2002... LOCATION: Stamford, CT PACKAGE AMOUNT: $200 mil. AMOUNT: $200 mil. ADMINISTRATIVE AGENT: Chase Manhattan Bank NA DOCUMENTATION AGENT: Credit Suisse First Boston; Fleet National Bank BOOK RUNNER: Chase Manhattan Bank NA;...

Equity Inns Partnership LP.(plans to receive $125 million loan)(Brief Article)(Statistical Data Included)
January 7, 2002... LOCATION: Memphis, TN PACKAGE AMOUNT: $125 mil. AMOUNT: $125 mil. ADMINISTRATIVE AGENT: Bank One, NA SYNDICATION AGENT: Credit Lyonnais SA DOCUMENTATION AGENT: BankAmerica BOOK RUNNER: Bank One, NA; Credit Lyonnais SA...

Pillowtex Corp.(plans to receive $150 million loan)(Brief Article)(Statistical Data Included)
January 7, 2002... LOCATION: Dallas, TX PACKAGE AMOUNT: $150 mil. AMOUNT: $150 mil. ADMINISTRATIVE AGENT: BankAmerica BOOK RUNNER: BankAmerica Corp OTHER LENDERS: Credit Lyonnais ; Fleet Bank, N.A.; Scotiabank-Bank of Nova Scotia; BANK ONE...

Cabot Corp.(Fleet National Bank is administrative agent for Cabot Corp. loan)(Brief Article)(Illustration)(Statistical Data Included)
January 7, 2002... LOCATION: Boston, MA PACKAGE AMOUNT: $250 mil. AMOUNT: $250 mil. ADMINISTRATIVE AGENT: Fleet National Bank SYNDICATION AGENT: Citibank NA BOOK RUNNER: Fleet National Bank; Citibank NA OTHER LENDERS: Commerzbank AG ;...

Heritage Service Corp.(plans to receive $115 million loan)(Brief Article)(Statistical Data Included)
January 7, 2002... LOCATION: Alexandria, VA PACKAGE AMOUNT: $115 mil. ADMINISTRATIVE AGENT: Bank of Oklahoma BOOK RUNNER: Bank of Oklahoma CO-AGENT: MERC-NA OTHER LENDERS: Local Oklahoma Bank NA; Harris Trust & Savings,Chicago PURPOSE:...

High Hopes for New High Yield Issuance in 2002 in US and Europe.(Brief Article)(Statistical Data Included)
January 7, 2002... Although expectations are high that the new year will bring with it a flood of new issues, the US primary market was less than effervescent in the first week of 2002, with only one deal expected to price and two in the pipeline. Paxson...

At The Movies: Theaters a Hit in 2002.(AMC Entertainment Inc. making stock/bond offerings)(Brief Article)(Statistical Data Included)
January 7, 2002... Bankruptcy filings from Carmike Cinemas, Lowes Cineplex and Regal Cinemas put a world of hurt on the movie theater sector the past few years, but analysts and investors are expecting a roller-coaster thrill ride for the industry in 2002 that...

CSFB Opens Undrawn Revolvers to Institutional Investors.(Credit Suisse First Boston)(Brief Article)
January 14, 2002... Return-oriented institutional investors in the loan market have never had much interest in more tightly priced undrawn loans like letters of credit or revolvers. But agent banks, faced with an increasingly smaller pro rata market and eager to...

Fallen Angels: A Good Bet or Not?(junk bonds)(Brief Article)
January 14, 2002... The number of fallen angels, credits that fell to junk level from investment grade last year, has topped out at a whopping 55, according to Moody's Investors Service. It's virtually impossible for high yield investors to ignore them, but making...

European High Yield Will Improve in '02.(Brief Article)
January 14, 2002... It's moving into its sixth year of existence, and by most accounts, 2002 should be a good year for the European high yield market. Market participants are most optimistic about new issuance - and with good reason. Indeed, as the market has...

Medtronic Brings $1 Billion Loan : Healthcare Issuer's Deal Should Prove Popular.(Brief Article)
January 14, 2002... Medtronic, a healthcare product manufacturer, held a bank meeting last week to launch a $1 billion loan. The deal, which will come to market via Bank of America, is equally split between a $500 million, 364-day revolver and a $500 million,...

Dollar Thrifty Refi Hits the Market.(Brief Article)
January 14, 2002... Credit Suisse First Boston held a bank meeting last Thursday to launch a $600 million, 364-day facility for Dollar Thrifty Automotive Group that refinances a $715 million deal maturing in February. The existing deal provides a liquidity...

Tyco Wants to Increase Refinancing.(Brief Article)
January 14, 2002... Tyco International is seeking $4.5 billion in a short-term commercial paper backstop, with the option to increase that amount to $5.5 billion, if there is sufficient interest from investors. The deal is co-led by JP Morgan and Citibank/SSB...

Regal Cinemas Tries for Exit Financing.(Brief Article)
January 14, 2002... Regal Cinemas is currently seeking $370 million in exit financing via Lehman Bros. The deal will be split equally between a $100 million, five-year, senior secured revolver, which should price at 325 basis points over Libor and was rated...

Calpine Will Bring New $1B Loan.(Brief Article)
January 14, 2002... Calpine, the California-based energy company, which has suffered a great deal from the fallout of energy giant Enron and was seeking to borrow $1.5 billion, will instead bring a $1 billion unsecured credit facility to market this week. The...

Cornerstone Propane Partners.(financial data)(Brief Article)
January 14, 2002... LOCATION: Watsonville, CA PACKAGE AMOUNT: $65 mil. ADMINISTRATIVE AGENT: Credit Suisse First Boston SYNDICATION AGENT: Canadian Imperial Bk Commerce BOOKRUNNER: Credit Suisse First Boston Corp OTHER LENDERS: Barclays...

Inergy Propane LLC(Inergy LP).(Brief Article)
January 14, 2002... LOCATION: Kansas City, MO PACKAGE AMOUNT: $195 mil. ADMINISTRATIVE AGENT: Wachovia Bank NA SYNDICATION AGENT: FleetBoston Financial Corp DOCUMENTATION AGENT: Bank of Oklahoma BOOK RUNNER: Wachovia Bank NA OTHER...

Nortel Networks Inc.(Brief Article)
January 14, 2002... LOCATION: Richardson, TX PACKAGE AMOUNT: $915 mil. AMOUNT: $915 mil. ADMINISTRATIVE AGENT: JP Morgan SYNDICATION AGENT: Credit Suisse First Boston DOCUMENTATION AGENT: Citibank NA BOOK RUNNER: JP Morgan & Co Inc;...

US Gets Six Deals, Europe Focuses On Xerox.(Brief Article)
January 14, 2002... After a quiet start to the year, the US primary market was ready to go last week. Six deals were expected to price, with two pricing by press time. In Europe, Xerox took center stage. US Paxon's Zero Coupon Proves A Good Sell ...

Deflation and the US Economy: Are we There Yet? While some believe the US economy has bypassed the very worst, there are others, like Prescott Crocker, manager of the Evergreen High Yield Fund, who think it might happen yet.(Brief Article)
January 14, 2002... "Let me assert my firm belief," then president Franklin Roosevelt said in his first innaugural address to a nation devastated by the Great Depression, "that the only thing we have to fear is fear itself." At that time, some 20% of...

Kmart Tests JPM, Jimmy Lee's Muster - Again.(JP Morgan Chase)(Brief Article)
January 21, 2002... JP Morgan Chase's vice chairman James B. Lee must be wondering whether he's caught in a time warp. Kmart Corp. is going down the tubes, losing the battle against arch-rivals Wal-mart and Target, and teetering towards bankruptcy. There's...

Kaiser Goes Back on its Word.(Kaiser Aluminum Corp. to restructure debt)(Brief Article)(Statistical Data Included)
January 21, 2002... Despite all its assurances to bondholders that it would make principal payments due Feb. 15 on $174 million of its 9.875% senior notes, it looks like Kaiser Aluminum Corp. will have to go back on its word. The company said last week that it...

BOA Seeks to Keep the Balance.(BankAmerica Corp.'s strategy for asset-based deals)(Brief Article)
January 21, 2002... The tricky business of getting issuers financing at terms they want and investors assets at returns they like won't get any easier in 2002. But Bank of America says that this year it will focus more than ever on getting the balancing act right...

Lehman Tries to Sell Telecom Loan But Market Isn't Ready Yet: TSI Deal Has to be Flexed Up to Attract Buyers.(GTCR Golder, Rauner L.L.C., TSI Telecommunications Services Inc.)(Brief Article)(Statistical Data Included)
January 21, 2002... After a mere week in the market, the $335 million loan Lehman Bros. is arranging for private equity firm GTCR Golder Rauner's purchase of Verizon's TSI Telecommunications unit was reportedly flexed by 25 basis points across the board. ...

Mesa Manages Loan and Equity.(Mesa Communications Group)(Brief Article)
January 21, 2002... Last week, Mesa Communications Group succeeded in raising $85 million, $75 million of which came as a syndicated loan. The remaining $10 million was in private equity. BNP Paribas led the loan. Tyco Capital, GE Capital and Wachovia Bank...

Solectron Seeks $500M.(from Goldman Sachs)(Brief Article)
January 21, 2002... Goldman Sachs has launched syndication of a $500 million term loan and revolver for Solectron, a technology company. Proving how tough it has become these days for companies in the telecom/media/technology (TMT) sector to get funding,...

BoA Arranges Bridge for Rouse.(Bank of America)(Brief Article)
January 21, 2002... Bank of America is arranging a $870 million bridge loan for the Rouse Company, a real estate investment trust (REIT) specializing in shopping centers and planned communities. The loan will finance the $1.45 billion acquisition of several...

Jacobson Files Chapter 11.(Jacobson Stores)(Brief Article)(Statistical Data Included)
January 21, 2002... Jacobson Stores, a clothing retailer, filed for bankruptcy last week after amendment talks with its senior creditors broke down. The company has secured a $130 million DIP loan from Fleet Retail Finance and Back Bay Capital Funding. ...

Defaults Hit Record In Dec. 2001.(Brief Article)(Statistical Data Included)
January 21, 2002... As a result of the colossal defaults of Enron and XO Communications, December 2001 produced a record $12.2 billion in defaults, thereby capping a turbulent year for the high yield market, Fitch said last week. "Blockbuster bankruptcies, a...

Stilwell Financial Inc.(loan)(Brief Article)(Statistical Data Included)
January 21, 2002... LOCATION: Kansas City, MO PACKAGE AMOUNT: $600 mil. ADMINISTRATIVE AGENT: Citibank NA SYNDICATION AGENT: Chase Manhattan Bank NA DOCUMENTATION AGENT: Wells Fargo Bank NA BOOKRUNNER: Citibank NA; Chase Manhattan Bank NA ...

Imperial Sugar Co.(loan)(Brief Article)(Statistical Data Included)
January 21, 2002... LOCATION: Sugar Land, TX PACKAGE AMOUNT: $256 mil. ADMINISTRATIVE AGENT: Harris Bank & Trust Company BOOKRUNNER: Harris Bank & Trust Company OTHER LENDERS: Lehman Commercial Paper Inc; Wachovia Bank NA; Union Bank of...

Middleby Marshall(Stewart Sys).(loan)(Brief Article)(Statistical Data Included)
January 21, 2002... LOCATION: IL PACKAGE AMOUNT: $68 mil. ADMINISTRATIVE AGENT: BankAmerica SYNDICATION AGENT: Fleet National Bank BOOKRUNNER: BankAmerica Corp OTHER LENDERS: LaSalle National Bank; Northern Trust Co; Fifth Third Bank ...

Loral Space & Communications.(loan)(Brief Article)(Statistical Data Included)
January 21, 2002... LOCATION: New York, NY PACKAGE AMOUNT: $600 mil. ADMINISTRATIVE AGENT: BankAmerica BOOKRUNNER: BankAmerica Corp; Deutsche Banc Alex Brown; Credit Lyonnais OTHER LENDERS: Bank of Montreal; BNP Paribas SA; Barclays Bank PLC;...

Keystone Operating Partnership.(Wells Fargo Bank N.A. serves as administrative agent for package loan)(Brief Article)(Statistical Data Included)
January 21, 2002... LOCATION: West Conshohocken, PA PACKAGE AMOUNT: $125 mil. AMOUNT: $125 mil. ADMINISTRATIVE AGENT: Wells Fargo Bank NA SYNDICATION AGENT: First Union National Bancorp DOCUMENTATION AGENT: Bank of New York BOOKRUNNER:...

ManTech International Corp.(loan)(Brief Article)(Statistical Data Included)
January 21, 2002... LOCATION: Fairfax, VA PACKAGE AMOUNT: $71 mil. ADMINISTRATIVE AGENT: Citizens Bank of Pennsylvania DOCUMENTATION AGENT: PNC Bank Corp BOOKRUNNER: Citizens Bank of Pennsylvania OTHER LENDERS: BB&T Co of Virginia; Chevy...

Exco Resources Inc.(loan)(Brief Article)(Statistical Data Included)
January 21, 2002... LOCATION: Dallas, TX PACKAGE AMOUNT: $124 mil. AMOUNT: $124 mil. ADMINISTRATIVE AGENT: BANK ONE Corp SYNDICATION AGENT: BNP Paribas SA DOCUMENTATION AGENT: Scotiabank-Bank of Nova Scotia BOOKRUNNER: BANK ONE Corp ...

CYBEX International Inc.(loan)(Brief Article)(Statistical Data Included)
January 21, 2002... LOCATION: Ronkonkoma, NY PACKAGE AMOUNT: $30 mil. ADMINISTRATIVE AGENT: First Union National Bancorp DOCUMENTATION AGENT: Fleet Bank, N.A. BOOKRUNNER: First Union National Bancorp Inc. PURPOSE: Refin/Ret Bank Debt, General...

Xerox is a Hit in Europe; US Pipeline is Full.(includes, Xerox issues European bond)(Statistical Data Included)
January 21, 2002... The US primary market expected to see upward of a hefty $3 billion in high yield sales last week. Six deals priced by press time and the forward calendar is ripe with more. The European primary market also got off to a solid start last...

NTL's Future Hangs in the Balance, But Restructuring Now Seems Inevitable.
January 21, 2002... UK cable company NTL is in a fix. The colossal amount of debt on its balance sheet - a whopping $17 billion - has reached unsustainable levels, and big interest payments are draining its cash and bank credit lines. Analysts say the company...

After A Stream of Chapter 11s, Banks Look For Ways to Avoid DIPs.(debtor-in-possession loans)(Brief Article)
January 28, 2002... Rating agency Fitch is predicting that the default rate, based on volume and excluding fallen angels, will drop from 9.7% in 2001 to 6% in 2002. Should that prove to be the case, Chapter 11 bankruptcy filings, which were up about 6.5% last year...

A Fresh Start for Kmart With New DIP?(debtor-in-possession loan)(Brief Article)
January 28, 2002... It might have filed Chapter 11, but Kmart Corp. isn't going down just yet. Far from it, in fact, if initial reaction from the lender community to a $2 billion debtor-in-possession (DIP) loan for the company is any indication. JP...

Tower Sector Faces Own Set of Problems.(telecommunications towers)
January 28, 2002... The tower sector, the one business that's been immune to the general telecom downfall, is starting to have problems. "There is increasing evidence that wireless growth is slowing, with Cingular, Verizon and Sprint PCS reporting...

Citibank/SSB Launches $425M Synthetic Lease Facility for FP&L.(Florida Power and Light)(Brief Article)
January 28, 2002... Citibank/SSB last week launched syndication of a $425 million synthetic lease facility for Florida Power & Light (FP&L). The loan is split evenly into a recourse and a non-recourse tranche, both of which are set to mature after five and a...

SCE to Get $1.5B Bridge Loan.(Southern California Edison)(Brief Article)
January 28, 2002... Southern California Edison (SCE), a subsidiary of Edison International, is looking to borrow $1.5 billion in bridge financing. Proceeds will be used to repay creditors, notably JP Morgan Chase for a $200 million loan that matures in March....

Coinmach Flexes Down B Tranche.(Brief Article)
January 28, 2002... Deutsche Banc Alex. Brown, Wachovia and JP Morgan Chase last week closed syndication of a $400 million refinancing loan for Coinmach. While pricing on the B portion of the facility was flexed down by 25 basis points, it was also more than...

LSTA Appoints New Board Chair.(Loan Syndications and Trading Association)(Brief Article)
January 28, 2002... The Loan Syndications and Trading Association (LSTA) has elected Linda Bammann, chief risk officer at Bank One, to chair its board of directors in 2002. She succeeds Mike McAdams, president and CIO of Los Angeles-based Four Corners Capital...

Moody's Releases CDO Indices.(Brief Article)
January 28, 2002... This week, Moody's Investors Service will release the first installment of a new research suite called CDO Navigator, which the agency hopes will add to tthat market's transparency - something investors are likely to welcome. Lack of...

LORAL SATELLITE INC.(Brief Article)(Statistical Data Included)
January 28, 2002... LOCATION: New York, NY PACKAGE AMOUNT: $500 mil. ADMINISTRATIVE AGENT: BankAmerica SYNDICATION AGENT: Credit Lyonnais DOCUMENTATION AGENT: Lehman Commercial Paper Inc BOOKRUNNER: BankAmerica Corp OTHER LENDERS:...

AmerisourceBergen Corp.(Brief Article)(Statistical Data Included)
January 28, 2002... LOCATION: Valley Forge, PA PACKAGE AMOUNT: $1,300 mil. ADMINISTRATIVE AGENT: JP Morgan SYNDICATION AGENT: BankAmerica; Credit Suisse First Boston DOCUMENTATION AGENT: First Union National Bancorp; Scotiabank-Bank of Nova...

Lucent Technologies Inc.(Brief Article)(Statistical Data Included)
January 28, 2002... LOCATION: Murray Hill, NJ PACKAGE AMOUNT: $2,000 mil. AMOUNT: $2,000 mil. ADMINISTRATIVE AGENT: Chase Manhattan Bank NA SYNDICATION AGENT: Salomon Smith Barney BOOKRUNNER: Chase Manhattan Bank NA; Salomon Smith Barney ...

Lucent Technologies Inc.(Brief Article)(Statistical Data Included)
January 28, 2002... LOCATION: Murray Hill, NJ PACKAGE AMOUNT: $2,000 mil. AMOUNT: $2,000 mil. ADMINISTRATIVE AGENT: Chase Manhattan Bank NA SYNDICATION AGENT: Salomon Smith Barney DOCUMENTATION AGENT: Deutsche Bank AG BOOKRUNNER: Chase...

Steel Technologies Inc.(Brief Article)(Statistical Data Included)
January 28, 2002... LOCATION: Louisville, KY PACKAGE AMOUNT: $125 mil. AMOUNT: $125 mil. ADMINISTRATIVE AGENT: PNC Bank NA SYNDICATION AGENT: SunTrust Banks BOOKRUNNER: PNC Bank NA OTHER LENDERS: National City Bank of Kentucky; Bank One;...

Stryker Corp.(Brief Article)(Statistical Data Included)
January 28, 2002... LOCATION: Kalamazoo, MI PACKAGE AMOUNT: $1,000 mil. ADMINISTRATIVE AGENT: BankAmerica SYNDICATION AGENT: BANK ONE Corp; SunTrust Banks DOCUMENTATION AGENT: FleetBoston Financial Corp; Mitsubishi Tokyo Fin'l Group ...

Brown Shoe Co Inc.(Brief Article)(Statistical Data Included)
January 28, 2002... LOCATION: St. Louis, MO PACKAGE AMOUNT: $350 mil. AMOUNT: $350 mil. ADMINISTRATIVE AGENT: BankAmerica SYNDICATION AGENT: Fleet Retail Finance Inc BOOKRUNNER: BankAmerica Corp TYPE: Rev Cred Fac PURPOSE: Refin/Ret...

Marcus Corp.(Brief Article)(Statistical Data Included)
January 28, 2002... LOCATION: Milwaukee, WI PACKAGE AMOUNT: $40 mil. AMOUNT: $40 mil. ADMINISTRATIVE AGENT: BANK ONE Corp BOOKRUNNER: BANK ONE Corp OTHER LENDERS: LaSalle National Bank; M&I Marshall & Ilsley Bank; Associated Bank Green Bay...

General Binding Corp.(Brief Article)(Statistical Data Included)
January 28, 2002... LOCATION: Northbrook, IL PACKAGE AMOUNT: $290 mil. ADMINISTRATIVE AGENT: Harris Trust & Savings Bank SYNDICATION AGENT: Bank One BOOKRUNNER: Harris Trust & Savings Bank CO-AGENT: BK-NEW-YORK/CAINDO/LA-SLLE-NB OTHER...

While US Slows, Three Deals Get European Market Going.(multiple topics)(Statistical Data Included)
January 28, 2002... The US primary market slowed down significantly from a week earlier with only one deal pricing and two more expected to do so last week. Things are heating up in Europe, though: Three companies are preparing to go on the road with their...