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Deutsche Bank Adds HY Staff in London

Deutsche Bank added two new professionals to its high yield trading staff in London, the bank announced...

Continental AG Plans €750M Bond Deal

German vehicle manufacturer Continental AG plans to issue €750 million in junk bonds to help pay down its bank loans, the company announced...

AbitibiBowater Names New Board

AbitibiBowater announced a new board of directors Thursday. The Montreal-based newsprint and commercial printing company is in the process of reorganizing in its effort to emerge from bankruptcy...

S&P: Emerging Markets Issuers Stay Junk-Rated

The number of speculative-grade-rated companies in the emerging markets increased to 54% of the total, not too far from the 66.5% it reached in 2001, according to a report published by Standard & Poor’s...

AbitibiBowater Wins Court OK, Settles with Canada

AbitibiBowater won court approval for its exit financing plan from a U.S. bankruptcy court and reached an agreement with the government of Canada over some of its assets...

Jefferies: M&A Activity to Rebound

After slumping for the first half of 2010, M&A is set to rebound over the next 12 to 18 months, according to Jefferies...

RBC Launches Emerging Markets Bond Fund

RBC Global Asset Management launched an emerging markets bond fund that can invest in junk bonds, the Toronto-based asset manager confirmed Monday...

RBS Sells $1.8 billion Loan Portfolio to ICG

The Royal Bank of Scotland has reportedly sold a €1.4 billion ($1.8 billion) portfolio of leveraged loans to Intermediate Capital Group...

Morgan Stanley Hires European ABS Head

Cecile Houlot joined Morgan Stanley as managing director and head of its European securitization effort within the global structured solutions group...

Cantor Fitzgerald Makes Leverage Finance Hires

Cantor Fitzgerald has expanded its high yield and leveraged finance presence in Europe with the hiring of Matthew Previte, Marni Joy and Joerg Zeidler...

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