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  • Woori Bank is sounding out banks for a $200m financing with two and three year tenors. The facility will refinance existing debt.
  • AES Cartagena’s Eu664.9m loan is in documentation and will be signed next week. The mandated lead arrangers are ABN Amro, Crédit Agricole Indosuez and SG.
  • Stora Enso, the Finnish paper company, has chosen Nordea and Svenska Handelsbanken to arrange an Skr11bn (Eu1.22bn) debt facility to support the spin-off of its forests in Sweden. The new company — and the borrower on the transaction — will be called Bergvik Skog.
  • Stora Enso, the Finnish paper company, has chosen Nordea and Svenska Handelsbanken to arrange an Skr11bn (Eu1.22bn) debt facility to support the spin-off of its forests in Sweden. The new company — and the borrower on the transaction — will be called Bergvik Skog.
  • Svenska Handelsbanken has signed a five year Eu275m revolver for AB Industrivärden. The facility was increased from its original Eu240m after an oversubscription.
  • The Swiss Confederation, Mexican state owned oil company Pemex and KfW, the German state development bank, all issued exchangeable bonds this week, in yet another week of frenetic activity for the equity capital markets.
  • The Swiss Confederation, Mexican state owned oil company Pemex and KfW, the German state development bank, all issued exchangeable bonds this week, in yet another week of frenetic activity for the equity capital markets.
  • Japanese houses made the gains this week. Nomura was the more impressive, climbing two positions to be ranked 15th.
  • Mandated arranger Chinatrust Commercial Bank launched a NT$1.5bn three year dual tranche financing for Pacific Circulation Investing into general syndication this week.
  • Rating: AAA
  • The high grade dollar market began to wind down for the seasonal holidays this week. After last week’s rush of corporate issuance, only one dollar global and one major Eurodollar issue hit the market.
  • Guarantor: Diageo plc