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  • Rating: B-/B-
  • Starting as a telex operator may not be the normal route to the top. But for 16 year old Valerie Thompson it was the start of a sparkling Euromarket career at one of the most famous Euromarket houses, Salomon Brothers.
  • Funding for the $412m Phu My 3 Power Project has been finalised after the Asian Development Bank (ADB) and Multilateral Investments Guarantee Agency (MIGA) agreed to back the project. The project sponsors are BP Holdings, Sembcorp Utilities, Kyushu Electric Power and Nissho Iwai Corp.
  • Amount: Eu800m
  • Rating: A2/A
  • Rating: A1/A+
  • Telecoms company Vodafone joined a growing crowd of Libor-based issuers taking advantage of arbitrage opportunities in the dollar market by issuing a $500m 15 year fixed rate bond yesterday (Thursday).
  • Telecoms company Vodafone joined a growing crowd of Libor-based issuers taking advantage of arbitrage opportunities in the dollar market by issuing a $500m 15 year fixed rate bond yesterday (Thursday).
  • "How many people have gone home at the end of a day long $900m on a new issue?" That was what Simon Meadows asked himself after ending up with such a position after launching the largest ever sole-led Eurobond, a $1.5bn seven year issue for the Republic of Italy in 1990.
  • Sjoerd Leenart would have no problem with being described by one of the leading lights of the banking world as a bulldog of the capital markets. "He only knows one way to handle a borrower and that is with a stick", claims one banker. The 34 year old himself confesses to an extreme level of aggressiveness when pursuing business.
  • South Africa Reserve Bank signed its $1bn three year term loan this week. The general syndication resulted in an oversubscription to $2.05bn in commitments, but the facility was not increased.
  • Guarantor: Ambac Assurance