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  • OTP Bank's Eu300m five year deal is in the final stages of senior syndication and is being prepared for a general phase, to be launched imminently.
  • The Hungarian government's privatisation agency APV sold 10.5% of oil company Mol on Tuesday, raising Huf73.45bn ($358m) via Citigroup.
  • Rating: Aa1/AAA
  • The eight institutions that run the iBoxx set of default indices are to introduce a new set of rules that govern the selection of credits within its premier Diversified Index from March 4, it was announced yesterday (Thursday).
  • A Eu150m loan for Kaupthing Bunadarbanki has been launched into senior syndication by mandated lead arrangers HSH Nordbank, Sanpaolo IMI and SMBC.
  • Syndication of debt supporting the buy-out of IMO Carwash has been launched into the market.
  • Banks have received requests for proposals from Power Finance Corp (PFC) for a $100m five year facility. Proceeds will be on-lent.
  • Information and media firm Informa has signed banks into its £205m loan. The five year deal finances Informa's acquisition of PJB Publishing, the agricultural and pharmaceutical publisher, and pays a margin of Libor plus 150bp.
  • Scandinavian private equity company Industri Kapital on Wednesday sold its whole stake in Swedish kitchen unit retailer and manufacturer Nobia, raising Skr1.1bn ($153m).
  • Rating: Aaa/AAA/AAA
  • Guarantor: Investec Bank (UK) Ltd
  • The insurance industry bounced back into favour with bond investors this week as Hannover Re launched a highly successful Eu750m subordinated bond and Allianz attracted spectacular demand for its Eu1.5bn sub deal, to be launched today (Friday).