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  • Interest in dollar denominated EuroMTNs reached its highest level for many months this week. More than 200 trades were issued in the currency for around $3.3bn, a 27% share of the market by volumes.
  • Sole arranger Barclays Capital is devising a strategy to form an expanded underwriter group for Trans Thai Malaysia's project financing. The loan amount and tenor are still being finalised, although talk is that the maturity may reach 20 years.
  • Compiled by: Richard Favis, RBC Capital Markets
  • How long would it be before we heard the first-gun salute from Newsmith Capital Partners, the small but financially well endowed house created by former Merrill Lynch superstars, Michael Marks, Paul Roy, Stephen Zimmerman and TJ Lim?
  • Rule number one for hedge fund managers is that they should never allow themselves to appear in court. These guys don't like being photographed in public, especially when unkind folk are saying that the performance of your fund has been flatter than a bulldozed pancake on Shrove Tuesday.
  • MARKET NEWS
  • Hypo Real Estate Bank International, the Dublin-based covered bond bank, on Monday launched the inaugural issue off its Eu10bn EuroMTN programme. The three year euro benchmark floating rate note was lead managed by Morgan Stanley and pays a coupon of 25bp over Euribor.
  • A further six banks have joined the £300m 18 year financing for Innogy subsidiary National Wind Power's North Hoyle offshore wind energy project.
  • Guarantor: Nestlé SA
  • Hagemeyer has signed lenders into a Eu905m package of loans. The facilities form part of a Eu1.5bn recapitalisation for the troubled goods distribution company.
  • GERMANY