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  • Syndication of the $2.5bn loan for De Beers, the diamond producer should be launched today (Friday). EuroWeek hears that mandated lead arrangers Barclays Capital, Citigroup and Dresdner are to be joined by two other banks.
  • Sole mandated lead arranger SG has completed a $125m recapitalisation of an existing $81m debt facility put in place for CVC's 2001 buyout of Dorna Sports.
  • British casino owner Stanley Leisure has closed a $275m five year facility via mandated lead arrangers Barclays Capital and Royal Bank of Scotland. An oversubscription was raised, but an increase is unlikely.
  • Rating: A2/A/A+
  • Sole mandated lead arranger Crédit Agricole Indosuez has signed syndication of the Eu164m financing package related to the acquisition of Ermewa Group by Investors in Private Equity and SNCF Participations.
  • Chinatrust Commercial Bank and HSBC have been verbally mandated for a $100m five year term loan for Cayman President Holdings.
  • Citigroup (Bangkok) has launched a $110m five year credit for DET International Holdings, a subsidiary of Delta Electronics (Thailand) which is providing a guarantee.
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