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  • Sub-underwriting for Gulf Electric's $185m three year standby LC facility arranged by Barclays Capital should be completed early next week. J-Power and Thailand's Electricity Generating Company (Egco) are providing a guarantee.
  • The Eu840m facility for mineral company Boliden Mineral has been signed.
  • Citigroup used its strong yen franchise to reclaim first place from JP Morgan in the corporate league table this week. Citigroup's largest deal was a ¥13.5bn seven year note for Danone Finance, the French food and drinks retailer's largest issue this year. The borrower has also launched a pair of Eu50m notes, a Ckr535m three year deal, a $30m two year and two other yen deals.
  • The NT$7bn dual tranche credit for AnShin Card Services has received commitments of NT$4.3bn from 11 banks. The lead arrangers will contribute NT$2.1bn. They comprise ABN Amro, Chinatrust Commercial Bank and International Commercial Bank of China.
  • Away from the treadmill of the marketplace, the party season is beginning. We have been invited to a fashion show where there will be an overwhelming presence of statuesque Russian models.
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  • Despite the uncertainty caused by the Yukos saga and this summer's mini banking crisis, loan volumes remain consistently high, margins continue to fall and there has been a boom in unsecured lending. Life remains good for Russian borrowers, especially for those at the very top of the tree. Charlie Corbett reports.
  • Rating: Aaa/AAA