BARCLAYS Capital has been mandated to lead arrange the $205m foreign currency tranche of the project financing for the Bina power plant in Madhya Pradesh. The 578MW coal fired plant is sponsored by Aditya Birla Group and PowerGen through project company Bina Power Supply Company Limited.

China The mandate to arrange the $370m project financing for the Pu Qi power project is to be awarded within the next 10 days.

Croatia Banque Nationale de Paris, Creditanstalt and Dresdner Bank Luxembourg will wrap up the co-arranger phase of the DM70m three year revolving credit for HBOR today (Friday).

Sri Lanka Arranger ABN Amro will launch a $65m FRN credit for DFCC Bank in early August. The deal has been fully underwritten by ABN Amro for the top rated Sri Lankan borrower. The facility will have a 10 year bullet maturity. Principal repayment will be guaranteed by the Asian Development Bank. Interest payments are guaranteed by the government of Sri Lanka.

Argentina * Republic of Argentina

* Bank Nederlandse Gemeenten Rating: Aaa/AAA