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EuroWeek has heard that the mandate to arrange the Eu50m five year amortising facility for Bank Celje has been awarded. Banks thought to be involved include Bank Austria Creditanstalt, Bawag, LB Kiel and RZB. The borrower last tapped the market in May with a Eu40m five year facility. Mandated arrangers were Bank Austria Creditanstalt and BayernLB. The deal paid a margin of 38bp over Euribor for the first two years and 42bp thereafter.

The Sohar Refinery in Oman (Oman Gas Company) has invited banks to bid for the mandate to arrange a new multi-tranche project financing which may exceed $1bn. Bank of America has been appointed financial adviser to the borrower and is busy collecting bids from eager would-be mandated arrangers for the facility. Bids are due in by the end of March and the mandate should be awarded in early April.

American Express Bank, Bank of Tokyo-Mitsubishi, Bank of Montreal, BayernLB, Citigroup/ SSB, Commerzbank, Crédit Lyonnais, Dresdner Kleinwort Wasserstein, ING, KBC, LBKiel, Mizuho, Natexis Banques Populaires, RZB, Royal Bank of Scotland, Standard Chartered Bank, SMBC and Wachovia have been signed in to ABSA's $330m one year term loan. Takes were roughly $18.3m each.

Do you remember when we were making discreet enquiries about Citigroup's new diva and heroine, the alluring Sallie Krawcheck? As you will remember, the wonderfully fragrant Sallie, a southern belle to the tips of her Jimmy Choos, had been brought in by Sandy Weill to clean up the mess and the pong of pickled eggs left by Jack Grubman in the Salomon Smith Barney research department. Even for a gal of Krawcheck's super-abundant talents, this was never going to be an easy task, but with the aid of a surgical mask and a silver nose-peg presented by Tiffany's, she set about it with vigour.

Syndication of the Eu706m of debt facilities backing the acquisition of Red de Alta Tensión has been closed twice oversubscribed. Banks will be signed into the deal in the week starting March 24.

Rating: A3/A- (Moody's/Fitch) Amount: Eu150m

A sudden burst of optimism yesterday (Thursday), based on the belief that if war comes it will be brief, took government bond yields and swap rates higher in both dollars and euros. In the dollar market swap spreads followed this development, though in euros some receiving business took levels off their highs yesterday.

Syndication of the debt backing the buy-out of Uster Technology has been closed. Joining mandated lead arrangers BNP Paribas and UBS Warburg are IKB Deutsche Industriebank, KBC Bank, SEB, Thurguaer Kantonalbank, Bank Linth, Credit Suisse, Investkredit and Migrosbank. Capvis and Quadriga were the private equity sponsors in the Sfr160m management buy-out of Zellweger Uster from Zellweger Luwa.

Mandated arrangers Danske Bank and SEB Merchant Banking signed banks into the Eu200m five year multi-currency revolver for BT Industries this week. The deal was oversubscribed to Eu300m but not increased. The mandated arrangers took Eu30m each. Barclays Bank, ING, Svenska Handelsbanken, Sumitomo, Royal Bank of Scotland and UFJ Bank joined as co-arrangers for takes of Eu15m.

ABN Amro, Bank of Taiwan, Standard Chartered and Taiwan Co-operative Bank have won the mandate for a $116m seven year term loan for Formosa BP Chemicals. Proceeds are to fund the construction of a new chemical plant in Mai Liao. The facility should be launched next week.