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The $60m five year credit for PFG (Kunshan) Co, arranged by Citigroup/SSB, will be closed today (Friday).

Amount: Eu1.1bn Rating: Aa3/A1+

Amount: Sfr250m Maturity: March 25, 2015

One of the worst weeks in the corporate market since the autumn of last year began with Thyssenkrupp's downgrade to junk on Friday and the admission by Ahold of a $500m accounting irregularity on Monday. A string of high profile corporates remain under pressure, most notably Bayer, Suez and Olivetti.

Switzerland's largest chemicals group Clariant has admitted it may need to raise up to Sfr600m in equity to strengthen its balance sheet. The company made an Sfr890m writedown, mainly from its unsuccessful acquisition of UK chemicals group BTP in 2000, and posted a net loss of Sfr648m last fiscal year.

Rating: A2 Amount: Eu100m tier one capital

Mandated arrangers Bank Austria Creditanstalt, BayernLB and Sumitomo closed syndication of the Eu150m five year term loan for Privredna banka Zagreb (PBZ) on Wednesday. The deal has been oversubscribed but the borrower has not yet decided if the increase will be accepted.

Credit Suisse Group this week revealed a net loss of Sfr3.3bn for the full year 2002 and with it confirmed that it would be cutting a further 1,250 jobs. The results were, however, a surprise to some analysts who were predicting an even greater loss for the group. After a disastrous third quarter which saw the Credit Suisse Group report a record net loss of Sfr2.1bn, the Swiss financial group recovered in the final quarter to report a loss of Sfr940m. Merrill Lynch's analysts had been expecting a net loss in the region of Sfr1.2bn for the fourth quarter.

Guarantor: DaimlerChrysler AG Rating: A3/BBB+

Mandated arrangers Citigroup/SSSB and Nordea have signed banks into the Eu400m five year revolver for Novo Nordisk. The facility was oversubscribed and increased to Eu500m on signing. ABN Amro, Bank of Tokyo-Mitsubishi, Barclays Bank, Commerzbank, Danske Bank, Deutsche Bank, HSBC, ING, JP Morgan, RBS and Sanpaolo-IMI Bank Ireland joined as arrangers. BBVA, NyKredit Bank and SEB Merchant Banking joined as co-arrangers. The deal pays a margin of 30bp over Libor and offers an upfront fee of 12.5bp for arrangers and 10bp for co-arrangers.

Rating: Aaa/AAA/AAA Amount: Eu4bn

Rating: Aa3/A/A+ Amount: $500m