2 min read · 10 December 2008
2 min read · 10 December 2008
Andrew Lutz has joined Vision Capital Advisors as a managing director, with a focus on fixed-income initiatives. He previously was with Susquehanna International Group.
2 min read · 10 December 2008
Moody's Investors Service has cut CCS Medical Inc.’s corporate family rating from Caa1 from B3. It also has downgraded the company’s first lien senior secured credit facilities to B2 from B1, but affirmed the Caa2 rating on the second lien term loan. CCS Medical is a Clearwater, Fla.-based portfolio company of Warburg Pincus.
3 min read · 10 December 2008
Reliant Energy (NYSE: RRI) has paid a $35 million termination fee to First Reserve Corp., after recently canceling a sale of $350 million in convertible preferred stock to First Reserve. www.reliant.com
1 min read · 10 December 2008
NPC International Inc., a Lenexa, Kan.-based franchisee and operator of Pizza Hut franchises, has closed two transactions whereby its acquired 191 new units and sold 70 to Pizza Hut Inc. NPC was acquired in 2006 by Merrill Lynch Global Private Equity, and now operates 1,098 Pizza Hut restaurants and delivery/carryout units in 27 states.
2 min read · 10 December 2008
UAL Corp. (Nasdaq: UAUA), the parent company of United Airlines, has raised $150 million in cash via a sale-leaseback of 15 Boeing 757 aircraft to East Shore Aircraft, a portfolio company of Wayzata Investment Partners.
2 min read · 10 December 2008
2 min read · 10 December 2008
1 min read · 10 December 2008
1 min read · 10 December 2008
