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  • Bookrunners Qatar National Bank and Standard Chartered have signed a $130m 10 year loan for Gulf Drilling International.
  • Rating: Aaa/AAA/AAA
  • Rating: Aaa/AAA
  • Rating: Aaa/AAA/AAA
  • Citigroup and Goldman Sachs have launched the £550m loan for insurer Resolution.
  • International Power is discussing with six banks an underwritten loan of around £500m for the 1,000MW coal fired Rugeley power station near Birmingham.
  • Mandated lead arrangers Bank Austria and WestLB have launched syndication of Ak Bars Bank's $50m 18 month loan, which pays a margin of 170bp over Libor.
  • Russia eased its currency controls last weekend, making the rouble fully convertible and freely tradable, less than eight years after the 1998 currency crisis and government bond default.
  • Rating: Aa3/AA-/AA-
  • General syndication of the project finance debt supporting the Rabigh refining and petrochemical complex is under way through bookrunners Apicorp, Citigroup, Islamic Development Bank, Mizuho and WestLB.
  • Rating: A2/A
  • Citigroup, Calyon, Commerzbank, Deutsche Bank, SMBC and Standard Chartered have been mandated to arrange the $3.5bn loan supporting mobile telephone company MTN Group's $5.5bn acquisition of Investcom.