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  • The Hungarian Development Bank (MFB) has mandated ABN Amro, BayernLB, KBC and HSBC to arrange its Eu250m five year term loan.
  • Bookrunners BBVA and SG have launched general syndication of the Eu400m loan for Cemex España.
  • The success Italy and the EIB enjoyed in the dollar global market this week, after the sluggish start to the year, was the clearest indicator yet that investors have finally accepted the current low yield environment. They appear to have given up waiting for yields to rise and are ready to put their money to work once more.
  • The success Italy and the EIB enjoyed in the dollar global market this week, after the sluggish start to the year, was the clearest indicator yet that investors have finally accepted the current low yield environment. They appear to have given up waiting for yields to rise and are ready to put their money to work once more.
  • Rating: A2/A-
  • Veteran banker and emerging markets syndicate head Stuart Young will retire from Deutsche Bank and from the market at the end of April.
  • The refinancing of senior debt from the buy-out of office supply manufacturer Esselte has been signed via arranger UBS.
  • The corporate league table ? which this week is published for the first time this year ? clearly shows that Citigroup has built up a sizeable lead on its competitors in that market sector.
  • Agie Charmilles Holding has signed banks into a Sfr160m 3-1/2 year revolver via bookrunner UBS.
  • Guarantor: National Central Cooling Co (Tabreed)
  • Chunghwa Picture Tubes (CPT) is tapping the market for about NT$25bn with a seven year tenor.