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  • Eight more banks have committed to San Miguel Corp's $1.85bn bridge at the sub-underwriting level. ABN Amro, Barclays Capital, HSBC, ING Bank, Standard Chartered Bank and Sumitomo Mitsui Banking Corp are the mandated lead arrangers.
  • Rating: Aaa/AAA/AAA
  • PZU
    The dispute between Dutch financial services firm Eureko and the Polish government over a stake in the country's largest insurer PZU now looks certain to go unresolved until the International Court of Arbitration issues a ruling, expected in a few weeks.
  • Raiffeisen International, the east European banking business of Raiffeisen Zentralbank, will next month ask its parent company for permission to issue new shares worth up to Eu67m, as well as other changes to its status.
  • Rating: Ba2/BB
  • Rating: A1/A-/A-
  • Amount: Dkr200m tier one capital
  • Rating: Aa2/AA/AA
  • Senior syndication of the $150m loan for iron and steel manufacturer EvrazHolding has closed oversubscribed. The borrower has elected to take an increase and so a general syndication will follow, launching early next week.
  • Spanish construction company Sacyr Vallehermoso backed down from its attempt to get a seat on the board of Banco Bilbao Vizcaya Argentaria on Wednesday and sold its entire 3.1% stake in BBVA for Eu1.39bn.
  • Rating: A1/A-
  • Sanofi-Aventis, the French pharmaceuticals giant, is in talks with banks to refinance the Eu16bn loan that Sanofi-Synthélabo used to support its acquisition of a majority stake in Aventis last year, EuroWeek hears.