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  • Andhra Bank has mandated BA Asia, Natexis Banques Populaires and RZB-Austria to lead a $50m one year refinancing. There is an option to increase the facility by $25m.
  • Car manufacturer Iran Khodro has signed its $100m three year loan through mandated lead arrangers HVB, SG CIB and Standard Bank.
  • Frank Raines, chairman and chief executive of Fannie Mae, fell on his sword on December 21 after the Securities & Exchange Commission told Fannie Mae its interpretation of FAS 133 was wrong and its accounting for derivatives hedging was inadequate.
  • The $93m, 6-1/2 year loan to the Pagardewa Gas Field Project was set to be signed yesterday (Thursday) in Jakarta. BNP Paribas is the mandated arranger, with Bank of Tokyo-Mitsubishi, Calyon, ING Bank and Mizuho Corporate Bank joining on the commercial bank tranche.
  • Mandated lead arrangers ABN Amro (bookrunner), Bank of Ireland, Danske Bank (bookrunner) and Royal Bank of Scotland (bookrunner) have signed Friends First Finance's Eu270m three year facility.
  • Mandated lead arrangers and bookrunners ABN Amro, BNP Paribas, Interbanca and Unicredito have signed in banks to the Eu948m loan for e.Biscom.
  • Rating: A1
  • Rating: AA+
  • Bank of Kuwait and the Middle East has signed its $200m three year term loan through mandated lead arrangers Arab Banking Corporation (facility and documentation agent), Commerzbank (bookrunner), Dresdner Kleinwort Wasserstein (bookrunner) and Gulf International Bank (bookrunner).
  • Rating: Aa1/AA/AAA
  • Rating: Aaa/AA+/AAA