Search results for

Mandated lead arranger BayernLB has closed senior syndication of the Eu125m three year term loan for Bank Millennium (formerly BIG Bank Gdanski). The deal will be launched into general syndication in the next two weeks. Baden-Württembergische Bank, Banca Nazionale del Lavoro International, Bankgesellschaft Berlin, Commerzbank, Erste Bank, ING, NordLB and Sanpaolo IMI joined during senior syndication. There have been dozens of requests for information memoranda from banks looking to join the $25m two year and one day multi-currency facility for Bank Amerykanski w Polsce (American Bank of Poland). Commitments are due by the end of next week.

Electricidade de Portugal (EdP) has not yet mandated a group of banks to arrange the refinancing of its Eu750m facility. Some banks had expected the borrower to announce the mandate this week, but it looks more likely that it will be awarded next week.

Rating: A1/AA- Amount: C$200m

Rating: Aa2/AA Amount: $250m (fungible with two issues totalling $750m launched 09/09/02 and 21/10/02)

Class 1F notes: A$185m Rating: AAA

A bank meeting was held on Tuesday for the debt facilities backing the Carlyle-led leveraged buy-out of Qineteq, the nuclear testing division of the UK's ministry of defence. Banks have been invited to join as co-arrangers taking £40m to be brought down to £25m for 60bp.

Amount: Eu150m (increased from Eu100m) Maturity: February 28, 2008

Rating: Baa1/BBB+/BBB+ Amount: Eu350m

Rating: Aaa/AAA/AAA Amount: Eu6.5bn

Rating: Ba1/BB+/BB+ Amount: Eu300m RegS/144a

Guarantor: Ambac Assurance Amount: Eu1.2bn

Rating: Aa1/AA-/AA Amount: £50m (fungible with £50m issue launched 05/03/02)