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  • Rating: Aa3/A+ Amount: $750m global bond
  • The $1.15bn pre-export financing for oil company Sonangol has been awarded to mandated arrangers Africa Merchant Bank, BNP Paribas, Natexis Banques Populaires and SG. Syndication will be launched in the first week of March. The facility will be divided into three tranches. The credit will pay a margin of 225bp over Libor for years one to three and 250bp thereafter. The facility will be structured as a prepayment facility with an SPV as the borrower and will be repaid through spot oil deliveries.
  • Rating: AAA (S&P) Amount: Eu300m
  • DaimlerChrysler has mandated ABN Amro, Citigroup/SSSB, Commerzbank, Deutsche Bank, JP Morgan and HSBC to arrange its $13bn global revolving credit.
  • DaimlerChrysler has mandated ABN Amro, Citigroup/SSSB, Commerzbank, Deutsche Bank, JP Morgan and HSBC to arrange its $13bn global revolving credit.
  • Arrangers Westpac Banking Corp and Deutsche Bank have closed a A$580m seven year project financing for Cross City Motorway Consortium. The syndication is progressing well, according to the arrangers. Details and allocations are being finalised.
  • A bank meeting was held on Tuesday in London for the £600m five year revolver for BSkyB. Proceeds will refinance a £750m loan signed in 1999 and to pay down £100m of a £300m loan. Existing lenders to BSkyB and a number of new lenders have been invited to join the deal.
  • Rating: Baa1/BBB+ (Moody's/Fitch) Amount: Eu100m lower tier two capital
  • National Australia Bank has joined senior syndication of the $6.1bn loan for Cadburys Schweppes. This means that seven out of the 10 banks invited in senior syndication have committed takes of $325m. The other banks are JP Morgan, ABN Amro, BBVA, Dresdner Kleinwort Wasserstein, Deutsche Bank and Rabobank. General syndication was launched last week and a well attended bank meeting was held in London on Wednesday.
  • Amount: £500m Legal maturity: April 15, 2010
  • Amount: $1bn Maturity: January 22, 2008
  • Rating: Aaa/AAA (Moody's/Fitch) Amount: Eu1.25bn Obligations foncières