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  • Few were surprised last Friday (April 15) when Neste Oil's IPO was priced at the top of a raised price range, valuing the company at Eu3.8bn.
  • The debt supporting the Carlyle Group's buy-out of oil company Petroplus with the company's management is near completion. Banks will be brought in this week. The debt totals Eu345m.
  • Denis Morozov, chief executive of mining company Norilsk Nickel, said on Wednesday that the spin-off of the company's gold mining business Polyus would not lead to a public offering of the stock, as analysts had expected.
  • The Netherlands' first 30 year government bond since 1998 drew Eu17bn of orders in just two hours, enabling the Dutch State Treasury Agency to allocate Eu5.228bn of the bond at 4bp over Bunds, the tight end of the 4bp-7bp guidance.
  • Rating: Ba3
  • The Eu85m facility for Sparebanken Sor is oversubscribed in syndication and is in the documentation stage. It will be signed in the first week of May via mandated lead arrangers BayernLB and Danske Bank.
  • Nurbank of Kazakhstan succeeded yesterday (Thursday) in making its Eurobond debut with a $125m three year deal, although emerging bond markets were plagued by continued volatility.
  • The New York Stock Exchange confirmed on Wednesday that it was to merge with US electronic stock market operator, Archipelago Exchange. If approved by NYSE members, Archipelago shareholders and US regulators, this will be the world's largest ever stock market merger.
  • Mandated lead arrangers HSBC and ING have launched the $75m three year deal for Bank Dhofar into syndication.
  • Pernod Ricard has mandated BNP Paribas, JP Morgan, Morgan Stanley, Royal Bank of Scotland and SG CIB for a Eu9bn loan to fund its Eu10.7bn (£7.4bn) acquisition of Allied Domecq.