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  • Citigroup has won the mandate to arrange the debut $1bn loan for real estate and construction group Amaar Properties. The five year facility pays 60bp over Libor.
  • African Export-Import Bank, or Afrexim, will by next week launch syndication of a $150m one and three year loan through mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ (bookrunner), KBC (bookrunner), Natexis Banques Populaires (bookrunner), Rabobank, Standard Chartered, WestLB (bookrunner) and WGZ-Bank.
  • The European Investment Bank brought the first inflation-linked Kangaroo bond to the market this week.
  • Brewing and distilling company SABMiller will sign its $1bn commercial paper backstop facility via ABN Amro, Citigroup, Dresdner Kleinwort and Royal Bank of Scotland next week. The facility has a tenor of one year with a one year extension option and pays a margin of 17.5bp.
  • Bond markets were unsettled this week by a run of bad news.
  • Rating: A1/A+/AA-
  • Bond markets were unsettled this week by a run of bad news.
  • Nova Kreditna Banka Maribor is talking to lenders about a Sfr150m and Eu150m loan. The margin on the new loan is expected to be inside 20bp.
  • Société Générale, Royal Bank of Scotland and Bank of Scotland have launched the debt supporting Bridgepoint's acquisition of sports business Dorna.
  • Allocations will be issued at the beginning of next week for the £8.97bn loan backing the Ferrovial-led bid for UK airports operator BAA.
  • Danske Bank, SEB Merchant Banking and Svenska Handelsbanken have closed syndication of the loan for business and communication intelligence company Observer. The five year deal should be signed by the end of September.
  • Sweden