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  • Allocations for Bharti Tele-Ventures' $225m dual tranche credit have been finalised. Mandated lead arrangers Rabobank International held $22m and Banc of America Securities Asia, Calyon, Citigroup, DBS Bank, NordLB (Singapore), Standard Chartered Bank and WestLB lent $17.5m each.
  • Senior syndication of Arindo Global (Netherlands)'s $600m leveraged buy-out facility should be closed today (Friday). DBS Bank, Standard Chartered Bank and Sumitomo Mitsui Banking Corp are the mandated lead arrangers.
  • We enjoyed reading the comments of John Varley, the chief executive of Barclays, who confirmed that the group is "definitely not for sale". Unlike Charlie Prince at Citigroup, there is every reason for Varley to be enjoying life at the top and, with the exception of the occasional hiccup at Barclaycard, the group seems to be sailing through untroubled waters.
  • The Eu600m debt for boat company Ferretti Group was launched yesterday via mandated lead arrangers Mediobanca and Royal Bank of Scotland.
  • Wells Fargo and Lloyds TSB to form an alliance? Stranger things have happened in outer-space or in the Bermuda Triangle, but this would be a turn up for the books.
  • Deutsche Bank and ING have been mandated to arrange an $80m-$100m 18 month loan for Alliance Bank, EuroWeek hears.
  • KfW
    Guarantor: Federal Republic of Germany
  • Rating: Aaa/AAA/AAA
  • Rating: Aaa
  • Run for the hills — the Belgians are coming. Having sat on this devastating piece of news for longer than we ought to, it gives us great pleasure to trumpet, or at least parp a few warm up notes, on the protracted arrival of Fortis Bank to the MTN mêlée.
  • Last month was the busiest August on record for high grade new issuance in dollars, with $45bn of offerings.