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Rating: Aaa/AAA/AAA Amount: Eu150m inflation linked issue

EuroWeek understands that around eight banks will be mandated to arrange a Compass Granada's £1.4bn refinancing. Likely banks are ABN Amro, Bank of America, Barclays, BNP Paribas, Citigroup/SSSB, HSBC and Royal Bank of Scotland. "All of us will be mandated lead arrangers," said one banker, "the interesting part will be which banks clinch bookrunning roles."

Corporates continued their rush into the US dollar bond market this week in a bid to get their funding done before a war in Iraq. By the close yesterday (Thursday) more than $10bn of deals had been completed, many at the tightest end of price talk and still tightening on the break.

Mandated arranger Bank Austria Creditanstalt, BayernLB and Sumitomo will sign banks into the Eu150m five year term loan for Privredna Banka Zagreb (PBZ) on Wednesday in Zagreb. The deal has been oversubscribed up to Eu170m and the borrower will accept an increase. For more details see EuroWeek 789.

Amount: ¥14bn Rating: R&I

Amount: $1bn and A$35m (global) Legal maturity: January 17, 2034

Amount: ¥52bn Rating: R&I

EuroWeek hears that Czech Export Bank (CEB) has invited 20 banks to submit bids to arrange a new Eu50m-Eu80m facility. The deadline for bids was two weeks ago and so a mandate should be awarded in the next week or so. One banker told EuroWeek that the margin will be in line with the tight pricing across central and eastern Europe. The borrower last tapped the market in June 1999 with a $200m dual tranche bullet facility. The deal included a $50m five year term loan and a $150m five year revolver. Mandated arrangers were ABN Amro and Commerzbank. Both tranches pay a margin of 15bp over Libor and stepped up 5bp for every notch the borrower's rating decreases.

Dresdner Kleinwort Wasserstein is top of Dealogic's league table of mandated arrangers of all German loans. The bank has a 38% market share, 17% ahead of Bank of America which is in second place with a 21% market share. DrKW has arranged three German loans while the other eight banks in the table have only arranged one deal each.

Credit Suisse First Boston has hired Michael Kenneally to become the new global chief executive of Credit Suisse Asset Management. Kenneally joins Credit Suisse from Banc of America Capital Management, where he was chairman and chief investment officer.

Amount: Eu100m Öffentlicher Pfandbrief series 1090 Maturity: September 26, 2005

Deutsche Bank is this year set to become a major issuer of European commercial mortgage backed securities (CMBS). Deutsche spun off its conventional property banking business into Eurohypo in June 2002, but has built up a new real estate debt markets team in London to originate property loans in the manner of US investment banks.