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Rating: Aa2/AA/AA Amount: $1bn

Rating: A- Amount: Sfr100m (fungible with Sfr250m issue launched 07/06/02)

Rating: AAA/AAA Amount: Eu250m Öffentlicher Pfandbrief series 172

The 25% fall in Zurich Financial Services' share price in the last week is partly due to an index-linked convertible the company issued via UBS Warburg in January, it emerged last night (Thursday). The Swiss company launched a Sfr600m market index-linked security (Miles) in an attempt to send a bullish signal to shareholders about the prospects for share price growth.

Kingfisher launched its £2bn rights issue this week, after finally clinching victory in its bid for French group Castorama. The one for one rights issue, which is the second largest ever in the UK and the largest to back an acquisition, was priced at 155p, a 50% discount to Kingfisher's share price last Friday.

Rating: Aa3/AA- Amount: $200m

Rating: Aa3/AA-/AA- Amount: $50m

Mandated arrangers Crédit Lyonnais and WestLB are finalising Orascom Telecom's $475m debt financing. Most of the documentation issues on the project finance have been resolved, and the company is finalising details with export credit agencies Coface and Hermes in support of the financing for the company's acquisition of a GSM mobile telephony licence.

Guarantor: Financial Security Assurance Amount: Eu460.5m

Amount: Eu50m Maturity: August 13, 2007

What has happened to the team that TJ Lim brought with him from Dresdner Kleinwort to Merrill Lynch? Of course, you remember those heady days two years ago when Merrill's chairman and CEO, David Komansky, persuaded Lim to return to Merrill when Steve Bellotti had disappeared into the mists of time and the mighty Merrill bond engine was starting to sputter. Did the hiring of TJ prove to be the answer to Merrill's prayers? Certainly no one has ever doubted TJ's skills, or his ability to turn a buck into a dollar and 20 cents. Better still, he instantly recognised Merrill's weakness in euro denominated bonds and hauled Merrill from 15th to fourth position in the league tables.

Guarantor: Islamic Republic of Iran Rating: B+ (Fitch)