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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.

Compiled by Holger Kron Deutsche Bank, Frankfurt

Compiled by Holger Kron Deutsche Bank, Frankfurt

SelmaBipiemme, a leasing company majority owned by Mediobanca, this week launched its debut securitisation, a Eu600m securitisation of vehicle equipment and real estate leases. Lead managed by Mediobanca and Morgan Stanley the deal is the second time Mediobanca has securitised assets from its consumer and leasing division as a funding diversification tool.

Germany joined the football securitisation league this week with the completion of a Eu85m transaction for Schalke 04, the first German club to use the technique. Arranged by Schechter & Co, the 23 year private placement is rated triple-B by Fitch and backed by ticket and hospitality revenues from the Arena AufSchalke at Gelsenkirchen, in the heart of Germany's Ruhr industrial region. The coupon was undisclosed, with an average life of 17 years. Three investors participated from the US and one from the UK.