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National Bank of Egypt (UK) signed a Eu175m three year facility this week. Bank of Tokyo-Mitsubishi UFJ, Citigroup, Natixis and Intesa Sanpaolo were initial mandated lead arrangers for the deal and Raiffeisen Zentralbank Österriche, Al Watany Bank of Egypt, Banque Misr and Melli Bank were additional mandated lead arrangers.

Rating: A2/A-

Leaguetables@dealogic.com The bond market babies league has had a new add-on this week, courtesy of Merrill Lynch's own Nick 'Big Nose' Dent. He was going to get just co-lead points, but given the baby's name, Denty is getting extra credit.

HSBC Trinkaus & Burkhardt has shrugged off the latest stumble in German mezzanine capital deals, joining Capital Efficiency Group in readying its next transaction.

Rating: Aaa/AAA/AAA

The statistics are clear for all to see — M&A in all its guises is enjoying an explosion of activity. EuroWeek's investment bank roundtable for this year's Japan in the Capital Markets special report focuses on how companies and the growing ranks of financial sponsors are financing the remarkable rise in M&A activity.

Guarantor: General Electric Capital Corporation

Nuclear energy group Areva's Eu2bn loan has raised more than Eu3bn during syndication. It will be signed on February 7 and allocations on the loan will be scaled back. Bookrunners are Calyon, Citigroup, HSBC and Société Générale. BBVA, BNP Paribas and Natixis are mandated lead arrangers.

Rating: A3/A/A+

Italian insurance company Assicurazioni Generali made a stellar return to the bond market this week, bringing a Eu2bn equivalent subordinated debt issue led by HSBC, JP Morgan, Mediobanca and UBS. The deal, equivalent to bank tier one debt, had been one of the most talked about transactions in the European financial institution bond market over the past six months. It turned out a roaring success, attracting Eu14.4bn of orders across the two tranches — a Eu1.25bn perpetual non-call 10 year bond and a £495m perpetual non-call 15 year.

Syndication of the multi-currency loan for dental equipment manufacturer Sirona Dental Systems via bookrunners JP Morgan and UBS will close within the next few days. It is heading for an oversubscription although allocations will be scaled back.

Russian precious metals producer Polymetal set a $7.25-$9.50 price range on Tuesday for its $638m-$836m London and Moscow IPO. The deal is set to be priced on Wednesday next week and bankers report that appetite is strong. Meanwhile, South African gold producer GoldFields raised $1.2bn in a Johannesburg share offer that drew strong demand from UK investors.