Global Banking & Investment Banking performed advisory services such as mergers and acquisitions and restructuring as well as capital raising functions, such as leveraged loan syndication, high yield financing and other debt and equity underwriting.
About 18 months later, I followed my managing director to FleetBoston Robertson Stephens, to help found its high-yield finance group.
Bear also committed to a $600 million bridge loan, which it planned to replace with the high-yield financing.
United has had to turn to more nontraditional sources of credit, like Boeing, Airbus and high-yield financing companies, Mr. Brace said.
He was a brilliant financier who popularized high-yield financing and came to control the junk bond market in the mid- to late 1980's.
The party will expect significant scrutiny of its financial calculations, especially whether measures like a "Robin Hood tax" on financial transactions and the wealth tax – the latter of which, the party admits, has an "uncertain" yield – will finance the extra spending.
Everyone sensible (a group containing nobody on the political right) agrees that right now it makes no difference: financing the government by selling T-bills with zero yield, and financing it by making a deposit at the Fed, which either adds to the monetary base or sells some of its zero-yield assets, has, um, zero implication for anything except some peoples' blood pressure.
I was in the first group of women to join the bank's high-yield corporate finance group.
The fund invests in publicly traded real estate operating companies or investment trusts, securities backed by commercial mortgages and high- yield bridge financing.
Marked by the two-stage buyout of Dex Media at the end of 2002 and 2003, large multi-billion dollar U.S. buyouts could once again obtain significant high yield debt financing and larger transactions could be completed.
