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  • Mandated lead arrangers Calyon, Royal Bank of Scotland and SG CIB have launched senior syndication of Ghana Cocoa Board's (Cocobod) $500m loan, offering banks a ticket of $40m for a fee of 42.5bp.
  • Rating: Aa3/A+
  • The Eu250m loan supporting Apax Partners' and Texas Pacific Group's acquisition of an 81% stake in TIM Hellas Communications is closed and in documentation.
  • Bidders have until June 28 to express their interest in the privatisation of Budapest airport.
  • The Eu200m 10 year refinancing facility for Blue Star Ferries has been signed through sole mandated lead arranger Citigroup.
  • The HK$390m four year dual tranche financing for Giant Wireless Technology was signed on Tuesday. The loan was oversubscribed and increased from HK$300m. Mandated arranger DBS Bank held HK$80m.
  • Rating: A1/A
  • Asia's leading corporate borrower, Hutchison Whampoa, returned triumphantly to the international bond markets this week after an 18 month absence, with a blockbuster Eu1bn 10 year benchmark deal.
  • Guarantor: Hutchison Whampoa Ltd
  • ABN Amro, Bank of America and WestLB have launched a five year Eu500m senior credit facility for pharmaceutical company Actavis Group's acquisition of Amide Pharmaceutical, the US generic phamaceuticals company.
  • Bank of Baroda is sounding out banks for $100m three year financing.
  • Mandated arrangers DBS Bank, Standard Chartered Bank and Sumitomo Mitsui Banking Corp are preparing to launch the debt portion of Adaro Indonesia's $950m leveraged buyout financing into syndication.