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Tokyo Cathode Laboratory Co has completed a ¥2bn 364 day fundraising through Bank of Tokyo-Mitsubishi. The arranger held ¥1bn. Sumitomo Mitsui Banking Corp and UFJ Bank joined as participants pledging ¥700m and ¥300m respectively.

EBS Building Society has mandated BNP Paribas, Royal Bank of Scotland and WestLB to arrange a refinancing of between Eu200m and Eu250m. Pricing is thought to be around 21bp over Libor.

Sole mandated arranger Standard Bank will sign banks into the $15m six month trade finance facility for Nurbank on Monday. The credit pays a margin of 325bp over Libor. Parex Bank joined as a co-arranger for a ticket of $3m. International Moscow Bank has joined as a lead manager for a take of $2m.

Arrangers have closed the $300m fundraising for Korea Export-Import Bank. The $300m facility is divided equally between a $100m one year tranche paying a margin of 10bp over Libor, a $100m two year portion with a margin of 15bp over Libor and a $100m three year segment paying a margin of 25bp over Libor. Arrangers ABN Amro and Barclays Capital provided $44m each, Bank of America, Bank of Tokyo Mitsubishi and Development Bank of Singapore committed $42.03m each, and Sumitomo Mitsui Banking Corp lent $38.4m.

Rating: AAA (Fitch) Amount: Eu200m Landesschatzanweisung series 146

Rating: Aaa/AAA Amount: Eu1bn Öffentlicher Pfandbrief series 662

Rating: AAA (Fitch) Amount: Eu1.25bn Öffentlicher Pfandbrief series 173

Rating: Aa2/AAA (Moody's/Fitch) Amount: Eu100m

Mike Tims, editor-in-chief at MTN-i, is hiring. Can you master new subjects quickly? Do you talk confidently and have a clear and striking writing style? Well if you do then Mike would love you to work in his fun, friendly and frenetic office in London's Clerkenwell. But he moves fast so do not delay: the closing date is in 10 days' time. Tarik Senhaji need not apply. And Leak understands that Dresdner's head of desk, Henry Nevstad, has been missing important appointments. He was supposed to be swapping baby stories over a Sunday lunch with JP Morgan's head honcho, Alex Haidas, but Alex and his wife were left to dine alone.

In a market congested with senior debt and subordinated facilities backing seven jumbo European buy-outs, syndication of the Eu2.222bn debt facilities backing the Wendel Consortium's buy-out of Legrand from French electrical company Schneider, which closed oversubscribed by 30%, was a triumph. However, a ruling this week by the European Union's second highest court that the EU should never have blocked Schneider's Eu5.4bn acquisition of Legrand last year could stop the buy-out and unravel the successfully syndicated debt.

Co-ordinating arrangers ABN Amro and Citigroup/SSB have closed the Eu230m nine month bridging facility for IOI Corp. The co-ordinators held Eu65m and Eu50m respectively. Co-arrangers RHB Bank Bhd, Bumiputra Commerce Bank and United Overseas Bank took Eu33m apiece, and HSBC pledged Eu16m.