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  • Undeterred by this week's dive in the Latin bond markets, bankers in New York were preparing to give the green light to a spate of sovereign and corporate deals if the markets stabilise in the week ahead.
  • Credit Suisse has been mandated to arrange a deal for pre-fabricated house manufacturer Champion Home. The debt will support the acquisition of Caledonian, a UK company specialising in pre-engineered buildings.
  • Undeterred by this week's dive in the Latin bond markets, bankers in New York were preparing to give the green light to a spate of sovereign and corporate deals if the markets stabilise in the week ahead.
  • The Fitch team rolled into town this week for what they hope will be their annual asset backed and corporate commercial paper conference — it was marginally more interesting than it sounds, folks. Honest. Leak was in attendance, though will have to think twice about turning up next year unless they do something about the heating at The Gibson Hall on Bishopsgate.
  • Abu Dhabi Commercial Bank is planning to increase its EMTN programme from $2.5bn to $5bn.
  • Steve Oristaglio, who had a glittering Euromarket career and then went on to breathe some life into the venerable but tired Putnam Group in Boston, is returning to the UK to set up a new financial venture.
  • Citigroup, Deutsche Bank, HSBC and JP Morgan have launched syndication of the Eu32bn loan supporting German utility E.On's takeover of Spanish power company Endesa.
  • Bond Viveur Asbo (that's Daiwa's Andrew Asbury to you) certainly knows how to throw a party.
  • Rating: Aaa/AAA/AAA
  • The failure of extendible CP to take hold in the European market was one of the big talking points at Fitch Ratings' first asset backed and corporate commercial paper conference, held in London on Tuesday. Bankers blamed investors for being unwilling to take the risk of investing in extendible CP at the prices being offered.
  • Finnair has signed and amended its Eu200m five year facility via bookrunners Nordea, SEB Merchant Banking and Royal Bank of Scotland. The changes to the May 2004 loan are a new maturity of five years from the date of signing the amendment, a new margin structure and two definitions have been changed in relation to financial covenants.