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  • Credit rating agencies could be made to submit to new record-keeping and reporting requirements under reforms being considered by the US Securities and Exchange Commission (SEC).
  • Calpers, the Californian state workers pension fund, has announced its annual corporate governance ?focus list? of companies in which it owns shares that have a poor financial and corporate governance performance.
  • Lead arrangers ABN Amro Bank, Citigroup, DBS Bank and Oversea-Chinese Banking Corp have launched the $250m 3-1/2 year term loans for Tech Semiconductor Singapore.
  • Rating: A2/A/A+
  • Abanka has closed general syndication of its Eu60m three year loan through mandated lead arrangers BayernLB, DZ Bank and Deutsche Zentral-Genossenschaftsbank. The deal was oversubscribed and an increase is being considered Signing is on June 21.
  • Guarantor: Slovenske Elektrarne AS
  • The Eu170m deal for wind power firm Gamesa Eólica is oversubscribed. BBVA, Banesto and Barclays are the mandated lead arrangers. The margin is Euribor plus 70bp out of the box. Banks were offered one Eu10m ticket in syndication. The loan should be signed in two weeks? time.
  • Barclays is arranging the debt for the buy-out of antiseptic and rubber glove manufacturer SSL International. Apax Partners is buying the company for £173m.
  • Last Friday?s non-farm payroll figures from the US confirmed the market?s expectations of a rate rise at the FOMC meeting at the end of the month, thereby lending the market stability.
  • Last Friday?s non-farm payroll figures from the US confirmed the market?s expectations of a rate rise at the FOMC meeting at the end of the month, thereby lending the market stability.
  • Rating: AA-/AAA