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  • Bond Comments
    Landesbank Sachsen Girozentrale
    Rating: Aa2/AA/AAA
    March 19, 2004
  • Bond Comments
    Land Nordrhein Westfalen
    Rating: Aa1/AA/AAA
    March 19, 2004
  • Bond Comments
    Landsbanki Islands hf
    Rating: A3/A (Moody's/Fitch)
    March 19, 2004
  • Bond Comments
    Landsbanki Islands hf
    Rating: A3/A (Moody's/Fitch)
    March 19, 2004
  • Bond Comments
    Landwirtschaftliche Rentenbank
    Rating: Aaa/AAA/AAA
    March 19, 2004
  • Leak Table
    When Leak last went on a global gallivant we got into a spot of hot water. It's not that there was any lasting damage, but a few nips round the Brazilians were never going to do us any good. So Leak's advice to Gavin Eddy when we learnt he was going for three weeks in South America was pretty simple ? stay off the local moonshine and don't go skinny-dipping with piranhas.
    March 19, 2004
  • Bond Comments
    Legal&General Group plc
    Rating: A2/A
    March 19, 2004
  • Legal&General hits right note with £400m debut deal
    Legal & General found an enthusiastic reception for its £400m debut upper tier two deal this week. The UK life insurer's first subordinated issue, a perpetual callable from 2019, was over three times oversubscribed at the initial price guidance of 140bp area over the Gilts, enabling Barclays Capital, Lehman Brothers and UBS to reduce the spread to 133bp-135bp area before pricing at the tight end.
    March 19, 2004
  • CLOs
    Linpac
    The debt supporting the buy-out of packaging group Linpac will be launched into syndication in the next few weeks as an all-senior deal via sole mandated lead arranger Deutsche Bank.
    March 19, 2004
  • Equity
    Leumi’s $130m sale breaks Israeli record
    UBS yesterday (Thursday) completed Israel's biggest share placement by a private company when it sold 59m shares in Israel's second largest bank, Bank Leumi, through an accelerated bookbuild, raising $130m.
    March 19, 2004
  • People News
    Lloyds TSB sets its sights on dominating UK loan market
    Lloyds TSB's corporate bank is eyeing the prized title of leading arranger of UK loans. Truett Tate, the new head of Lloyds TSB corporate bank, has big capital markets plans for the UK high street bank, although surprisingly these don't include a bond desk ? yet.
    March 19, 2004
  • Bond Comments
    WestLB CBB plc
    Rating: Aaa/AAA
    March 19, 2004
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