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Jamaica cancelled a planned Eu150m deal this week, after failing to drum up enough demand. "Due to current market conditions the government of Jamaica has decided to postpone its euro offering," said Alexis Plan, head of emerging market debt syndicate at Commerzbank, joint lead manager with Deutsche Bank.

Rating: Baa3/BBB-/BBB- Amount: Eu500m

Réseau Ferré de France (RFF) this week launched the first ever non-government bond linked to euro-zone inflation, a Eu800m 20 year issue via Barclays Capital, BNP Paribas, CDC IXIS and Natexis Banques Populaires. The triple-A rated EPIC (établissement public à caractère industriel et commercial) had been considering some dated inflation-linked transaction for a long time for several reasons: the average life of its assets is very long; part of its balance sheet is linked to inflation; and it would be able to exploit its credit qualities to offer a complementary issue to the French government's inflation linked debt.

Rating: Aaa/AAA/AAA Amount: Eu800m inflation linked bond

Rating: Baa1/BBB+/BBB Amount: Eu400m

Mandated arrangers Moscow Narodny Bank, SG and Standard Bank have closed the books for the $100m three year facility for steelmaker MMK. The deal was oversubscribed and the borrower will accept the increase. Banks will be signed into the deal in March.

Amount: Eu1bn Legal maturity: February 27, 2011

Guarantor: Ambac Assurance Amount: £111.74m

Citigroup/SSSB tops Dealogic Loanware's CEE mandated lead arranger table this week. This is due to its mandated arranger role in the $250m three year dual tranche facility for Norilsk Nickel which was signed last week. ING and SG acted as arrangers and secured themselves second and third place positions on the table. Also helping ING to the number two slot was its role as mandated arranger for the $30m one year term loan for Alfa Bank. ABN Amro also arranged the facility which was increased to $50m. This increase makes it the largest syndicated term loan for a commercial bank in Russia since 2000. Fourth place on the table is occupied by Bank of Tokyo-Mitsubishi. BoTM, acting as mandated arranger for the Eu75m five year term loan for Slovenske Elektrarne. The deal was increased at signing to $79m. Banks have been signed into the $150m 2-1/2 year facility for Polish Oil and Gas this week. After a drawn out bidding process the mandate was awarded to Bank Handlowy International - which is a wholly owned subsidiary of Citigroup/SSSB - KBC/Kredyt Bank and Pekao Bank. This has earned Pekao and KBC a joint place on the league table and through its subsidiary, boosted Citigroup/SSSB's to top place.

In a bid to expand its corporate and investment banking business in China, SG has hired Joan Xia from FleetBoston Financial and transferred Yang Liu from its Hong Kong office. The two appointments are part of SG's strategy to distinguish itself from other foreign bank entrants into the Chinese market and concentrate on promoting advisory roles and capital guaranteed products.

ABN Amro Bank has joined mandated arranger Development Bank of Singapore in the S$150m three year fundraising for Singpost. The deal is scheduled to be launched shortly.

Some £160m has been raised in syndication of the £112m dual tranche project financing for Severn River Crossing. Because of the oversubscription commitments from the nine banks to have joined the deal will be scaled back.