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  • Rating: Aaa/AAA/AAA
  • Rating: Aaa/AAA/AAA
  • Parex banka's Eu100m 364 day loan will be signed early in March by mandated lead arranger Mizuho. Bankers say the deal could raise as much as Eu200m and will be increased to at least Eu175m.
  • Guarantor: LeasePlan Corp NV
  • Guarantor: Lehman Brothers Holdings plc
  • Lehman Brothers surfaced last Friday with a rapidly executed Eu500m tier one self-led transaction which left one or two market participants quizzing what exactly it achieved.
  • Isn't it refreshing to see Lloyd Blankfein, president and presumed heir-apparent to Goldman Sachs's chief executive Hank Paulson, allowing his name to appear up in lights?
  • A Eu5.75bn facility supporting construction group Eiffage and Macquarie's Eu7.1bn bid for French toll road operator APRR will be launched next week. The deal, via mandated lead arrangers BBVA, Dresdner Kleinwort Wasserstein, Ixis CIB, Royal Bank of Scotland and Société Générale, will come on a limited recourse basis.
  • Hearty thanks to all those bankers who made it down to the Royal Courts of Justice on Tuesday evening for EuroWeek's third Syndicated Loans & Leveraged Finance dinner. Just like last year, there was a strong German contingent that arrived at 6.30pm on the dot. One banker from HVB even confessed to Loan Ranger that he had draped beach towels over the chairs right at the front of the hall to make sure he had a good view.
  • Rating: A2/A/A+
  • Goldman goes for securities brokerage licence in Russia
  • Hitting the very short end of the maturity curve, privately owned MDM Bank (Ba2/B+/BB-) attracted a book of just under $1bn for its $300m one year bond issue on Wednesday through Goldman Sachs. Initial guidance was set in the 200bp over mid-swaps area for a $200m deal, before demand swept into the book and the deal was enlarged by $100m while guidance was shaved to 190bp. The book closed in Europe on Tuesday and in Asia on Wednesday.