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  • ? The National Association of Securities Dealers this week proposed a set of changes in the way initial public offerings (IPOs) are allocated, and floated the idea of regulating the pricing as well.
  • ? The National Association of Securities Dealers this week proposed a set of changes in the way initial public offerings (IPOs) are allocated, and floated the idea of regulating the pricing as well.
  • ? Commitments are due by the end of next week for Essent’s Eu1.5bn one and five year deal.
  • ? BELGIUM
  • ? The Eu1.25bn five year loan for Telenor has been closed and increased to Eu1.5bn. Dresdner Kleinwort Wasserstein was the sole mandated lead arranger, bookrunner and coordinator for a Eu1.25bn club deal.
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  • Guarantor: Total SA
  • ? Akbank has signed its $0m one year facility after it was oversubscribed and increased from $300m. The deal pays a margin of 65bp over Libor and refinances part of a $0m one year term loan signed last September.
  • ? The emergence of a second inter-dealer broker in the secondary loan market provided some cheer for traders this week.
  • Guarantors: TVN Sp zoo, TV Wisla Sp zoo, TVN 24 Sp zoo
  • The $10m facility for Aval Bank will be signed on December 15. Standard Bank is the mandated lead arranger and HVB and Parex have joined as joint arrangers ahead of launch.