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MGM Mirage does debt finance shuffle (from Corporate Dealmaker)

Shaky credit markets have prompted Las Vegas' MGM Mirage to bargain with lenders to change the terms of a $7 billion loan agreement. The changes increase the maximum total leverage ratio, modifies pricing levels and certain definitions and limitations on secured indebtedness. The AP reported the move gives some...

Posted on October 6, 2008 5:02 PM

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Deal Economy 2010: Avaya's Ali on digesting Nortel

Avaya Inc.'s Mohamad Ali on the company's next target.

Movers & Shakers

Juergen Lasowski
Onyx Pharmaceuticals Inc.

Edward Swallow
Northrop Grumman Corp.

Owen Mahoney
Outspark

Alice Kim
FLO TV Inc.

Eric Hausler
Isle of Capri Casinos Inc.

Juergen Lasowski, Onyx Pharmaceuticals Inc.

Edward Swallow, Northrop Grumman Corp.

Owen Mahoney, Outspark

Alice Kim, FLO TV Inc.

Eric Hausler, Isle of Capri Casinos Inc.

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And the winners are...

Even in a period when things like toxic credit default swaps and noxious structured investment vehicles dominate the conversation in many parts of the deal community, people are still willing to take the time to recognize skill and achievement in the strategic transactions that help those companies adapt and grow.
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