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  • Royal Bank of Scotland has underwritten a five year £55m facility for telecoms company Thus Group. The deal comprises a £15m revolver and £40m amortising term loan. Royal Bank of Scotland was underwriter on the facility and Rabobank was a relationship bank.
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  • Guarantor: JSC Bank TuranAlem
  • The bank presentation for insurer Towergate Partnership was held on Monday. The £290m facility via Bank of Scotland, Barclays Capital, Lloyds TSB and Royal Bank of Scotland offers a ticket of £25m paying 95bp and £15m for 80bp.
  • NG has completed a $140m two-tranche facility for RBTT Bank. The deal was increased from $115m following an oversubscription. The transaction is split between a $90m (increased from $70m) working capital tranche and a $50m trade finance tranche (increased from $45m).
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  • Fon Leasing's $25m capital goods murabaha facility is oversubscribed during syndication and will be closed at the end of next week.
  • The Republic of Turkey sealed its funding for 2005 and began prefunding for 2006 this week, pricing a hefty $750m increase of its $1.5bn 7.25% March 2015 bond to take the total size to $2.25bn. UBS and HSBC priced the increase yesterday (Thursday) evening London time, having been mandated late in the morning. The deal was priced at 223bp over US Treasuries to yield 6.7%.
  • Ukrsibbank's $75m one year loan will be signed for $115m on Monday by mandated lead arrangers Citigroup, Deutsche Bank and RZB. Lenders' commitments will also be scaled back. The deal pays a margin of 295bp over Libor.