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Ciba has added Ciba Speciality Chemicals Eurofinance as an issuer off its $2 billion Euro-MTN programme. The new issuer will be the fourth on the shelf, which was signed in 1997.

Citigroup/SSSB showed the importance of a strong balance sheet to secure top spot in the European equity-linked league table as it completed a fully underwritten $1.1bn convertible issue for Anglo American, the South African mining group, on Monday. Citigroup took the business on from Anglo American in a competitive bid on Friday afternoon, and then officially launched the deal on Monday, although the bulk of the offering was placed with investors over the weekend. The attraction of the issue lay principally in the new exposure that the bond offered investors.

Commerzbank is looking to sell its UK fund management arm Jupiter and merge its German operations, as it revealed 2001 profits of just Eu102m this week. The move was widely anticipated by market observers.

A small group of banks has been selected to underwrite the £425m five year dual tranche facility funding Davis Services' acquisition of Denmark's textile services group Sophus Berendsen. HSBC is sole arranging and underwriting the facility that is split between a term loan and a revolver.

Bidding is under way for Hrvatska Banka za Obnovu Ratvitak's (HBOR) $40m-$50m new credit facility. The borrower hopes to achieve a benchmark margin and an extendable tenor. The board of HBOR is due to convene next week to finalise details.

Arranger UBS Warburg will launch the debt facility supporting Group 4 Falck's $573m acquisition of the second largest US security services company Wackenhut to sub-underwriters early next week. UBS is sole underwriting a $1.335bn bridge loan but the total amount of debt to be syndicated will be clarified once Group 4 Falck and its creditors have decided on how much of its existing lines will be rolled over.

The Kingdom of Denmark this week issued its first euro denominated government bond and its strategic approach to the launch was rewarded by a twice oversubscribed book and substantially increased distribution. The April 2007 issue was initially launched by joint bookrunners Deutsche Bank and Morgan Stanley at Eu1bn with price talk of 13bp-15bp over the Bobl 139. With a book totaling close to Eu2bn, a Eu1bn deal at 13bp was justifiable.

Detica, the UK IT services company, announced the price range for its IPO on Monday. The company will be valued at £102m, based on the mid-point of the price range of 440p-510p per share. UBS Warburg, the lead manager, will sell 8.7m shares to raise £38m-£44m. Some 5.4m shares will be a capital increase, with the remainder to be sold by private equity group Candover and management.

Rating: Aaa/AAA Amount: Eu1bn Öffentlicher Pfandbrief series 812

Cheung Kong Infrastructure Finance (BVI) has added Deutsche Bank as a dealer to its $2 billion Euro-MTN programme.

In an effort to compete with their regional peers in equity capital markets (ECM), Deutsche Bank and JP Morgan have continued to make new hires. JP Morgan has appointed Jonathan Back and Ian Long to its equity capital derivatives markets (ECDM) team from Goldman Sachs, just a week after announcing that Nick Andrews, previously head of ECM at Credit Suisse First Boston, had joined the US investment bank.

Rating: Aaa/AA/AAA Amount: Sfr300m