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  • HVB Group ING, Natexis Banques Populaires, RZB and WestLB will be signing Banco Finantia's Eu100m syndicated loan next week.
  • BayernLB and Erste Bank have closed syndication of the Sfr100m five year loan for Bank Ochrony Srodowiska.
  • Rating: Aa2/AA
  • Syndication of Premier Oil's $200m refinancing revolver will close shortly.
  • Tranche 1: $1.4bn
  • Citigroup is inviting banks to participate in a S$156m five year leveraged buyout financing for Newbridge Capital.
  • A few banks have joined in sub-underwriting for Hyundai Heavy Industries' $200m three year loan style FRN. Calyon and Standard Chartered Bank are leading the deal.
  • Standard Bank of South Africa is likely to return to the syndicated loan market in September to refinance existing debt, bankers say.
  • Spanish broadband service provider Grupo Corporativo Ono, alongside JP Morgan Partners, Providence Equity Partners, Quadrangle Capital Partners and Thomas H Lee are approaching banks for commitments to a facility to back their Eu2.25bn purchase of the cable businesses of Auna Group.
  • BBVA and La Caixa have signed a Eu76.865m club deal for Eolica de Rubio.
  • UK companies used to provide most of the deals in the European leveraged loan market. In recent years France and Germany have caught up, and now Spain and Italy — until recently fledgling markets — are fast becoming part of the core of business opportunities for LBO lenders. Taron Wade discovers what is driving this change.
  • Bank of Ceylon is tapping the market for a $75m 364 day credit that is being arranged by Citigroup, Natexis Banques Populaires and RZB-Austria. The loan carries a one year put option.