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Amount: Eu1bn Legal maturity: April 18, 2035

Rating: A1/A-/A+ Amount: Eu150m (increase to Eu600m issue launched 28/03/03)

Banco de Sabadell encountered strong demand for its debut cédulas hipotecarias this week when it sold a Eu1.5bn April 2013 transaction via ABN Amro, Barclays Capital and SG. The Aa2 transaction was priced at 15bp over mid-swaps, equivalent to 29.5bp over the 4.5% January 2013 Bund, and oversubscribed on the first day of marketing. "When we opened the books on Monday, at the beginning of a short week, we were not sure how quickly things would go, but at the end of the day we couldn't meet demand for the paper," said a banker at SG

Rating: Aa2 Amount: Eu1.5bn cédulas hipotecarias

Refinancings in the Nordic region continue to flood the market and with 64 deals maturing between 2003 and 2004 the deluge looks set to continue. This week two new mandates were awarded, one an Eu800m facility for UPM-Kymmene and the other a Eu175m facility for Gunnebo Treasury. The mandate to arrange the new five year revolver for UPM-Kymmene was awarded to Bank of Tokyo-Mitsubishi, Citigroup, HSBC, Svenska Handelsbanken and Nordea.

Refinancings in the Nordic region continue to flood the market and with 64 deals maturing between 2003 and 2004 the deluge looks set to continue. This week two new mandates were awarded, one an Eu800m facility for UPM-Kymmene and the other a Eu175m facility for Gunnebo Treasury. The mandate to arrange the new five year revolver for UPM-Kymmene was awarded to Bank of Tokyo-Mitsubishi, Citigroup, HSBC, Svenska Handelsbanken and Nordea.

Five banks are waiting for confirmation of the arranging mandate for a Eu2bn five year loan facility for Banque PSA, the financial subsidiary of French auto-maker Peugeot. The five are thought to be BBVA, BNP Paribas, Crédit Lyonnais, HSBC CCF and SG, said bankers. A final mandate could be announced as early as today (Thursday).

Rating: Aaa/AAA Amount: A$100m

Sole arranger Barclays Capital signed banks into the debt facilities backing the buy-out of Ontex on Friday. For more details see EuroWeek 798. Mandated arrangers KBC Bank have signed banks into the Eu90m two year term loan for Elex NV.

Guarantor: Banco Espirito Santo e Comercial de Lisboa SA (London) Rating: A1/A-

Guarantor: BHP Billiton plc and BHP Billiton Ltd Rating: A2/A