Mandated arrangers ABN Amro, Commerzbank and IntesaBci have collected all the responses to join the Eu300m five year facility for Hungarian Development Bank (MFB) and syndication will close by today (Friday). EuroWeek understands that the deal has been oversubscribed to Eu485m but it has not yet been decided if an increase will be accepted. Twenty banks have joined the deal. Bank Austria Creditanstalt, BayernLB, BNP Paribas, Dresdner Kleinwort Wasserstein, DZ Bank, Erste Bank, Fortis Bank, Landesbank Hessen-Thüringen, Landesbank Rheinland-Pfalz and NordLB have joined as lead arrangers for takes of Eu35m for 2.5bp. WestLB and Landesbank Baden-Württemberg joined as arrangers for tickets of Eu25m for a fee of 17.5bp. A further eight banks joined during general syndication.
August 16, 2002