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  • The one year loan for Ukrsotsbank was signed on Tuesday for $45m, up from $30m after an oversubscription. Deutsche Bank and ING are mandated lead arrangers.
  • The US market was crammed with more than $25bn of high grade and split-rated bonds this week, from borrowers eager to complete their year's funding before the Thanksgiving holiday next Thursday.
  • Guarantor: Volkswagen AG
  • Rating: AAA Amount: Eu1bn Hypothekenpfandbrief series 633
  • Westdeutsche ImmobilienBank successfully launched the first jumbo mortgage Pfandbrief from a Landesbank-related entity this week, as investors sought out the rare paper.
  • Rating: Aa3/AA-/AA-
  • November 11 is well known in Europe as Armistice Day, but did you know that long before 1918, the 11th hour of the 11th day of the 11th month was celebrated as St Martin's Day, with the eating of a goose to commemorate the saint's betrayal by such a bird?
  • Rating: Ba1/BB/BB+
  • The $105m five year loan for aluminium producer Alro and its majority shareholder Marco was launched into syndication yesterday (Thursday) by mandated lead arrangers Bank Austria and HVB Bank Romania. Bank Austria is underwriting the facility.
  • Rating: Aa1/AA
  • Alfa Bank's $50m 364 day loan is oversubscribed and should be signed by the end of next week. The borrower is likely to take an increase.
  • Fitch yesterday (Thursday) upgraded Russia and Romania to investment grade, in what has been a hectic week for emerging market ratings.