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  • Directories business Yell Group launched syndication of its £2bn five year loan via mandated lead arrangers ABN Amro, BNP Paribas, Citigroup, HSBC and JP Morgan after a bank meeting on Monday.
  • Tipped off, as we were, it was always going to be a tough job keeping tight-lipped about this red-hot tabloid tale.
  • With the end of the quarter and the implementation of the EU prospectus directive on July 1 looming, bankers in the financial institutions market took the opportunity to tie up a few loose ends this week with Banca Popolare di Lodi, Bank of Ireland and Standard Life all bringing subordinated transactions to market.
  • EuroWeek's Celebration of Excellence champagne cocktail reception kicked off on Wednesday evening at Windows on the World at the top of the Park Lane Hilton.
  • Compiled by: Richard Favis, RBC Capital Markets
  • Coordinating arrangers Bank of America Securities Asia, Deutsche Bank and SG Asia have launched Wynn Resorts (Macau)'s dual tranche financing into general syndication.
  • Goldman Sachs, SG CIB and UBS have been mandated on debt of Eu400m-Eu450m for Warburg Pincus' purchase of mobile roaming billing company Mach for Eu600m.
  • Merrill Lynch has hired another three derivatives bankers from JP Morgan in London, only weeks after taking a 23 strong team of corporate derivatives marketers.
  • Rating: A2/A/A
  • Eonia swap index launched
  • SENIOR
  • Moody's, the credit ratings agency, has revised its stance on a raft of corporate sector bond issuers following the introduction of new risk-assessment methodology.