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MOVES-UBS veteran Pinto-Leite to retire

NEW YORK, April 24 (LPC) - UBS’ global co-head of leveraged finance Francisco Pinto-Leite is planning to retire at the end of this year after approximately 17 years with the Swiss investment bank, according to a source familiar with the move.

Loan documents deteriorate further following Neiman Marcus lawsuit

NEW YORK, April 24 (LPC) - Companies emboldened by a favorable court decision for Neiman Marcus are taking advantage of the outcome to include language in loan documents curbing how corporates allocate the collateral packages of their subsidiaries, making it even harder to recover losses.

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