Jefferies Group Inc. , the New York- based securities firm that specializes in mid-sized companies, named Michael Anderson a managing director in its global equity capital markets group.
Global Geophysical Services Inc., the provider of seismic data for the energy industry, plans to sell bonds as investor demand keeps pace with rising issuance of high-yield, high-risk debt.
Private-equity owned companies are refinancing six times as much of their leveraged loans this month than they did in all of January, using the longest rally in more than a year to cut costs.
Junk bonds of health-care providers are beating the high-yield market after underperforming in the first five months of the year, as a U.S. Supreme Court ruling boosts investors’ optimism for the industry.
Investors bought more than twice as much of leveraged loans than junk bonds in the first half of May as companies tapped banks for buyouts.
"The defendants over here played by no rules whatsoever."
- Michael Anderson on Jan 08, 2015