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  • Indian Oil Corp (IOC) is tapping the loan market for a $150m three year financing deal. A number of banks are teaming up to bid for the mandate.
  • EuroWeek hears that Informa, the business information group, is coming to the market for £120m loan via mandated lead arrangers Barclays and Royal Bank of Scotland.
  • Mandated lead arrangers Barclays, Credit Suisse First Boston and Royal Bank of Scotland have wrapped up the first phase of syndication of the $975m senior loan supporting the buy-out of Inmarsat by Apax Partners and Permira.
  • The $1.7bn financing for National Iranian Oil (NIOC) was signed on November 28.
  • Outstandings off the $5bn EuroCP/CD and sterling CP programme for FCE Bank, Ford’s private finance arm, this week slid below $1bn for the first time since its downgrade by Standard & Poor’s (S&P).
  • Enel signed its Eu3bn loan yesterday (Thursday). The relationship driven deal was arranged by Citigroup and Mediobanca.
  • Rating: Aa2
  • Rating: AAA
  • The deadline for commitments on Kazkommertsbank’s $230m facility, led by Citigroup and Deutsche Bank, has been extended to next week.
  • Rating: A2/A-/A+
  • KfW
    Rating: Aaa/AAA