SOURCE: APS Financial Corporation

May 01, 2008 11:11 ET

Kirk Ruddy Joins APS Capital as Senior Vice President - Trading

AUSTIN, TX--(Marketwire - May 1, 2008) - APS Capital Corporation ("APS Capital") is pleased to announce that Kirk Ruddy has joined the firm as a Senior Vice-President - Trading. In that role he will oversee institutional sales and trading of trade claims and bank debt. Mr. Ruddy has extensive experience in analyzing, trading and sales of distressed securities and non-securities (trade claims and bank debt). After receiving his M.B.A. from Columbia Business School in 1997, Kirk joined Bear Stearns' Distressed Desk, where he was eventually promoted to Head Claims Trader. "Kirk brings tremendous industry knowledge and expertise in the high yield, distressed, bank debt and trade claims markets and his wide range of institutional contacts will be a great asset to APS Capital as we continue to grow our business," commented Steven Klenda, Managing Director.

About APS Capital

APS Capital Corporation is a boutique firm that specializes in the trading and analysis of trade claims and bank debt. We find these private debt opportunities in domestic, as well as in international, distressed companies which are in the bankruptcy process. APS Capital is an affiliate of APS Financial, but does not trade in securities, and is not registered with the FINRA, SEC or any other regulatory body.

Contact Information

  • For more information contact:
    Steven Klenda
    Managing Director
    APS Capital Corporation
    phone: (512) 314-4473
    1301 Capital of TX Hwy
    Ste A-131
    Austin, TX 78746