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  • Guarantor: Nestlé SA
  • The Eu1.5bn five year revolver for Akzo Nobel is oversubscribed. One banker said the arrangers were waiting on the client to decide on accepting an increase.
  • BayernLB and Royal Bank of Scotland have been mandated to arrange a £100m three year facility for Newcastle Building Society.
  • Pemex, the Mexican oil concern, has returned to the sterling market with a £150m tap of its outstanding 10 year bond.
  • Pemex, the Mexican oil concern, has returned to the sterling market with a £150m tap of its outstanding 10 year bond.
  • Merrill Lynch's chairman and chief executive, Stan O'Neal, was probably less than impressed when the stock market knocked more than a dollar off the price of Merrill's shares after the announcement of the firm's third quarter results.
  • Guarantor: Republic of Austria
  • Lloyds TSB and Royal Bank of Scotland have completed a £150m club deal for Peel Holdings. The facility will be used for general corporate purposes and to refinance the borrower's £150m three year facility of 2000.
  • Rating: A2/BBB
  • Petrobras Energia, better known as the old Perez Companc, is gearing up to price its $100m 10 year bond as early as today (Friday).
  • Development Bank of the Philippines has mandated ING Bank, Mizuho Corporate Bank and Standard Chartered Bank to lead arrange a $70m facility.
  • The market is still waiting for the winners to emerge for the mandate on the Eu500m term loan for The Polish Oil and Gas Company (Polskie Górnictwo Naftowe i Gazownictwo, or PGNiG). Bidders had expected to hear last week, but believe the mandate will be announced next week. One banker said a club deal is a likely possibility.