Daily News: July 25, 2014

SunTrust Expands Corporate Debt Platform Capabilities

SunTrust Robinson Humphrey (STRH) announced the addition of four highly regarded finance industry veterans to its capital markets team. Ron Caldwell and Akis Psarris have joined as managing directors, while Ricardo Simon and Matt Holbrook have joined as directors. The new hires bring a broad range of specialized experience across industry sectors, further deepening STRH’s capabilities in providing clients with top quality insights and tailored debt solutions.

Caldwell joins STRH as head of Healthcare Syndicated & Leveraged Finance. Caldwell spent the previous 14 years with Bank of America Merrill Lynch as part of a growing healthcare leveraged finance team. There Caldwell was responsible for originating and executing leveraged loan, bridge and high yield transactions supporting corporate and sponsor clients in various sub-sectors of healthcare.

Psarris will head STRH’s Liability Management practice. Psarris joins STRH from Lloyds Bank, U.K., where he was a managing director in the Debt Capital Markets group. Prior to Lloyds, Psarris was a managing director at JPMorgan where he spent 11 years in its U.S. Debt Capital Markets group as head of Liability Management. His prior experience includes advising corporations, financial institutions and sovereign clients in the United States, Europe and Latin America on debt financing, restructuring and derivative transactions.

Simon will head STRH’s Commercial Real Estate & REIT Syndicated Finance practice. Prior to joining STRH, Simon was a director in the Real Estate Syndicated Finance group at Wells Fargo. His experience includes working with clients who required debt financing for recapitalizations, project loans and mergers & acquisitions.

Holbrook joins STRH’s Syndicated & Leveraged Finance group after 10 years in Bank of America Merrill Lynch’s Leveraged Finance team in Charlotte, where he was most recently responsible for originating and structuring debt financings for consumer and retail clients.

“The ongoing investment in our corporate debt platform is part of our strategy to deliver tailored solutions that serve the evolving needs of our clients,” said Mark Huffstetler, head of Capital Markets Origination at STRH. “These hires complement our expertise across the banking, origination, sales & trading and research platform who work together to meet the needs of our clients.”

Chris Wood, head of Syndicated & Leveraged Finance at STRH, added, “We remain committed to providing our clients with the highest quality industry expertise, along with executional excellence. As evidenced by numerous transactions this year, our clients are rewarding this strategy. Ron, Akis, Rico and Matt bring vast and deep experience that will further enhance our ability to provide clients with relevant insights and seamless execution to meet their specific needs.”