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  • Deutsche Bank and HSBC have been the fastest banks out of the blocks this year and the German house has already built a sizeable lead over its rivals.
  • Taiwan
  • WestLB is the sole underwriter on a £315m five year facility for Tesco Properties. Fortis, Bank of Tokyo-Mitsubishi, Calyon and Mizuho have also joined the transaction, which refinances a £210m deal from 1999, as mandated lead arrangers.
  • BlueScope Steel (Thailand) has completed a $65m two year, 11 month revolving credit. Mandated arranger Standard Chartered Bank held $16.25m. BlueScope Steel (Finance) provided $48.75m.
  • Asia may be a small market in its issuance of international bonds, but as a market to sell bonds to, it is a player on the world stage, alongside Europe and the US. And as Asia's foreign currency reserves soar, investors are buying a wider range of deals. Nick Parsons reports.
  • The Body Shop has closed a £130m revolver. The deal was oversubscribed and increased from £120m.
  • The merits of the euro as a funding currency for Asian borrowers was a hotly debated topic among bonds bankers during 2004. After successful deals for China and Kexim last year, some say the euro could triple its 5% market share in 2005. Others say it makes no sense for the majority of Asian issuers to tap the euro market. Adam Harper reports.
  • If you are looking for an inside feel to Credit Suisse First Boston, do pick up your current edition of Euromoney magazine which contains a brief interview with its CEO, Brady Dougan. It is an interesting profile and, if you read between the lines, there may be some hidden gems.
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