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  • Bankers say China National Cereal Oils & Foodstuffs Import & Export Co is looking to raise a $200m facility through its Hong Kong subsidiary. No arrangers have been mandated but HSBC and SG are close to the deal and some bankers say the credit will pay below 80bp all-in.
  • BNP Paribas (co-ordinator, bookrunner), KBC Bank (bookrunner), SMBC (documen-tation and facility agent) and WestLB (bookrunner) have been mandated by AKK Rt, the Hungarian government debt management agency, to arrange a Eu500m five year bullet loan.
  • Guarantor: Hutchison Whampoa Ltd
  • Hutchison Whampoa made a clever but controversial return to the dollar bond market on Tuesday when it tapped its $2.5bn 6.5% 2013 global issue for another $1bn, creating the largest non-Japan Asian bond.
  • Rating: AAA
  • Guarantor: Caja de Ahorros y Monte de Piedad de Zaragoza Aragon y la Rioja (Ibercaja)
  • ABN Amro, Citigroup, Rabobank, Standard Chartered and the State Bank of India have launched a $100m five year dual currency loan for Indian power generation and distribution company BSES.
  • Rating: AA-/A+ (S&P/Fitch)
  • The general syndication of the $2.55bn demerger loan for InterContinental Hotels Group should close next week.
  • The Republic of Finland attracted Eu12bn of demand for its new Eu5bn five year syndicated government bond this week in what bankers described as the most rapid bookbuilding period ever.
  • Crédit Lyonnais, HSBC and Royal Bank of Scotland have completed the syndication of the £140m five year revolving credit for Interserve.
  • Energie Baden-Württemberg (EnBW) this week issued the inaugural notes off its new Eu2bn EuroCP facility, signed through UBS Warburg last week.