China Chase Manhattan Asia has closed the $250m five year fundraising for Kodak China Co oversubscribed but it will not be increased. A group of about 15 banks has joined ahead of signing next week.

ARRANGERS of the $130m one year pre-export financing for Akbank have closed syndication oversubscribed, allowing the borrower to increase the facility to $150m. The strong showing in syndication vindicates many bankers who were opposed to Akbank self-arranging its previous facility - a $100m deal that was completed at the very end of 1998.

* Alliance & Leicester Group Treasury plc Guarantor: Alliance & Leicester plc

* Deutsche Australia Ltd Rating: Aa3/AA/AA

* Wolters Kluwer NV Amount: Dfl 400m subordinated debt

* Norddeutsche Landesbank Girozentrale Rating: Aa1