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  • Premier Foods has signed its £780m five year loan through mandated lead arrangers BNP Paribas, JP Morgan, Lloyds TSB and Royal Bank of Scotland.
  • Morgan Stanley board member Michael Miles has become the first independent director to quit since Philip Purcell was forced to resign as chairman and chief executive by John Mack.
  • Defence and security company Qinetiq has signed a £500m increase and amendment of the £300m loan it signed in August 2004.
  • There was price improvement for good quality leveraged names in the secondary market this week as supply in the primary market was thin.
  • There was price improvement for good quality leveraged names in the secondary market this week as supply in the primary market was thin.
  • ABN Amro has become the first bank to break cover by publicly revealing details of its forward starting CDO, a new structured credit product designed to offer investors attractive yields by exploiting inefficiencies in the credit curve.
  • ABN Amro has become the first bank to break cover by publicly revealing details of its forward starting CDO, a new structured credit product designed to offer investors attractive yields by exploiting inefficiencies in the credit curve.
  • HSBC's long-awaited structured investment vehicle (SIV), Cullinan Finance, launched its first deals on Wednesday, printing $1bn of dollar denominated MTNs in the US market.
  • A bank meeting was held on Wednesday in London for Abu Dhabi Commercial Bank's $750m three year loan.
  • Allgemeine HypothekenBank Rheinboden successfully kicked off September issuance in the covered bond market this week by launching a Eu1.5bn five year mortgage Pfandbrief that generated strong demand.
  • Rating: Aa3/A+/AA-
  • The European high yield bond market returned to life this week when French engineering group Alstom launched the first deal after the summer shutdown.