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Company borrows size with single five year Samurai loan tranche
Poste will not borrow for the cash component
Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
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Major sectors in leveraged loans are trading down, making shrewd credit selection vital -
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Recruitments in sales and origination are separate but intended to build debt franchise
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General syndication to be launched soon
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Deal could include $950m of bonds
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Two senior investment bankers have resigned from SMBC, one headed to BBVA
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