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  • Loan Ranger is glad to hear that the events season is hotting up as spring begins to blossom, and the diversity of loans bankers' interests never fail to impress him. Tonto is very excited about Commerzbank's trip to go rifle shooting at the UK's famous Bisley ground in May.
  • Mandated arranger DBS Bank has launched a $40m four year financing for Megan Media into general syndication.
  • For a brief moment, we thought that we might have been seeing double. Was it too many watermelon martinis at the Eclipse Bar in Knightsbridge on the previous evening? Was it the prospect of having dinner with the scrunchy Ms Gavin Sullivan of CSFB during the week?
  • 3i and Veronis Suhler's recapitalisation and merger of three directories businesses ? named Yellow Brick Road ? was launched this week. The transaction comprises Eu765m of senior debt and Eu275m of mezzanine. A bank meeting was held in London yesterday (Wednesday).
  • For a brief moment, we thought that we might have been seeing double. Was it too many watermelon martinis at the Eclipse Bar in Knightsbridge on the previous evening? Was it the prospect of having dinner with the scrunchy Ms Gavin Sullivan of CSFB during the week?
  • Rating: A
  • The $250m one year loan for software firm Misys has been closed oversubscribed by sole mandated lead arranger Lloyds TSB.
  • Morgan Stanley has formed a strategic alliance with Pirelli Real Estate, under which the two will jointly acquire and service non-performing loan (NPL) portfolios in Italy.
  • MARKET NEWS
  • Derbyshire Building Society has completed documentation on a new £1bn EuroCP programme. Barclays Capital arranged the P1 rated facility and is joined on the dealer panel by Citigroup, Deutsche Bank and Royal Bank of Scotland.
  • Rating: Aaa/AAA/AAA