Bank presentations for the launch of the one-stop syndication of the $300m refinancing for Qatar Fuel Additives Company (Qafac) were held in Bahrain on Tuesday and Taipei yesterday (Thursday). On Thursday the mandated lead arrangers of the deal also signed the pre-funded transaction. These banks are Crédit Lyonnais (international bookrunner), Gulf International Bank (regional bookrunner), National Bank of Dubai, Qatar National Bank and Standard Chartered.

JP Morgan and Riyad Bank have been awarded the prestigious mandate to arrange a $2bn five year standby revolving credit facility for Saudi Arabian Oil Company (Saudi Aramco). The company is the premier name in the Middle East and one of the most powerful players in the global oil and gas markets.

Guarantor: Abbey National plc Rating: Aa2/AA

Guarantor: Baloise-Holding Amount: Sfr175m

* Ford Motor Credit Australia Ltd Guarantor: Ford Motor Credit Co

Barclays Capital, IntesaBci, Crédit Agricole, Interbanca, SG, Royal Bank of Scotland and UniCredito have scooped a Eu4bn loan mandate for the Edipower consortium in the bidding war for Italian energy utility Enel's electricity subsidiary, Eurogen. The Edipower consortium comprises Edison Sondel, Atel and the Milan and Turin AEM energy municipalities.