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  • Bankers say that Bank Austria and HVB are close to arranging a $50m bridge loan for Halyk Savings Bank with a tenor of up to six months.
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  • The US dollar bond market was deluged with about $25bn of new deals this week — by far the most in any week this year — as governments, companies, banks, supranationals and agencies all rushed in to get deals done before the August summer lull.
  • The US dollar bond market was deluged with about $25bn of new deals this week — by far the most in any week this year — as governments, companies, banks, supranationals and agencies all rushed in to get deals done before the August summer lull.
  • The financial institutions bond market came back to life this week as several issuers returned after updating their EuroMTN programmes following the introduction of the EU Prospectus Directive on July 1.
  • Chemicals company Kemira's Eu700m five year multi-currency revolver has been increased to Eu750m and signed by a group of 14 lenders.
  • Citigroup is believed to have won the mandate for a landmark bond issue for the Former Yugoslav Republic of Macedonia.
  • Foundry company Foseco's £150m five year post-IPO facility has been completed via sole mandated lead arranger Royal Bank of Scotland
  • Euroweek hears that private equity group Eurazeo has acquired Financière Galaxie from Duke Street Capital for Eu380m.
  • A Eu280m multi-currency revolver for Bacou-Dalloz has been signed through mandated lead arrangers BNP Paribas, Calyon, HSBC, Ixis CIB and Natexis Banques Populaires.
  • Gasunie Trade & Supply, which formally split from its parent Nederlandse Gasunie on July 1 as a result of regulatory liberalisation in the Dutch utility sector, is tipped to issue the first trades off its new Eu1bn Euro CP programme at the beginning of September.