* Deutsche Bank Finance NV Guarantor: Deutsche Bank AG

Qatar Euroweek hears that Lurgi is tapping its relationship banks to support the $850m loan for National Oil Distribution Company (Nodco) arranged by Barclays Capital.

DAEWOO Power India Limited (DPI) has mandated ABB Structured Finance, ABN Amro, Crédit Lyonnais, Dresdner Kleinwort Benson, ING Barings, Mediocredito Centrale and Warburg Dillon Read as lead arrangers for the $667m of senior debt facilities for its Korba East power project. DPI is a 50:50 joint venture between ABB Energy Ventures and Daewoo Corporation which is developing the 2x535MW coal-fired thermal power plant at Korba East in Madhya Pradesh state.

LEAD ARRANGERS Merrill Lynch, Caixa Geral de Depósitos and Citibank have closed the first syndication round of the $1.3bn debt package backing Portugal Telecom's acquisition of Telebras, Brazil's leading telecom network. The loan, which is the largest credit facility ever for a Portuguese borrower, was incredibly popular with lenders -- the deal was oversubscribed and banks were signed in within eight days of the deal being launched.

* Kreditanstalt für Wiederaufbau Guarantor: Federal Republic of Germany

* European Investment Bank Rating: Aaa/AAA