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  • Palladin Resources will increase its loan from $500m to $600m and sign banks in next week. The 5-1/2 year refinancing is arranged by JP Morgan.
  • Smart Communications has mandated a group of five banks to lead a $104m five year fundraising. The banks are ABN Amro, BNP Paribas, Calyon, DBS Bank and Sumitomo Mitsui Banking Corp.
  • Petrol Ofisi AS (POAS), the largest fuel distributor in Turkey, launched a $175m five year bond issue yesterday (Thursday).
  • Polish mobile telephone operator Polska Telefonia Cyfrowa (PTC) is preparing to announce mandated lead arrangers for a Eu250m five year deal.
  • Guarantor: Petrol Ofisi AS
  • Rating: Baa1/BBB
  • Rating: Aa2/AA
  • Rating: Aaa/AAA/AA+
  • Real estate investment vehicle Resolution Group has mandated SG as sole bookrunner for a £142.5m property financing. The deal will support Resolution?s acquisition of the Little Britain shopping centre in London EC3 from a consortium of institutional investors.
  • Rosbank has postponed its $70m one year loan following turbulence in the Russian banking sector.
  • ABN Amro is putting together a group of mandated lead arrangers to syndicate a $1.1bn loan for Gazprom. The deal will refinance six existing facilities and is the fourth loan the state owned oil giant has taken in the last year. The six year facility pays a margin of 200bp over Libor.
  • RZB and Raiffeisen Bank Romania have signed the Eu73m project financing for Romanian Motorways.