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Rating: Aaa/AAA/AAA Amount: Eu500m obligations foncières (fungible with Eu1.5bn issue launched 14/01/03)

Rating: Aaa/AAA/AAA Amount: $100m (fungible with $500m issue launched 26/09/02)

Dexia Municipal Agency (Dexma) and Deutsche Hypothekenbank highlighted the importance of quality in the Pfandbrief market this week. The success of their Eu1bn deals, coming after Allgemeine Hypothekenbank Rheinboden postponed a planned Eu1bn Hypothekenpfandbrief last week, suggests that investors are only looking for top notch paper (see EuroWeek 788, page 5).

Rating: A1/A/A Amount: Eu100m

Mandated arrangers Bank Austria Creditanstalt, BayernLB and Sumitomo launched general syndication of the Eu150m five year term loan for Privredna Banka Zagreb (PBZ) this week. Bawag, Erste Bank, LB Kiel and RZB joined before the retail stage as arrangers. The deal pays a margin of 70bp over Libor for years one to three and 75bp for years four and five. Three tickets are on offer: co-arranger for Eu10m for a fee of 50bp; senior lead manager for Eu7.5m for 45bp; and lead manager for a ticket of Eu5m for a fee of 42.5bp.

Frank Quattrone, Credit Suisse First Boston's technology head, was suspended on Monday following an internal investigation into questionable IPO practices. The banker, who became synonymous with lucrative technology IPOs in the late 1990s, was put on leave after it transpired he had authorised the destruction of documents even though he knew a regulatory investigation was imminent.

Frank Quattrone, Credit Suisse First Boston's technology head, was suspended on Monday following an internal investigation into questionable IPO practices. The banker, who became synonymous with lucrative technology IPOs in the late 1990s, was put on leave after it transpired he had authorised the destruction of documents even though he knew a regulatory investigation was imminent.

DaimlerChrysler, one of the world's big three automakers, will next week finalise which six banks will lead its new Eu13bn revolving credit facility. EuroWeek understands that they will be Deutsche Bank and JP Morgan, which have traditionally led Daimler's syndicated loans, along with ABN Amro, BNP Paribas, Citigroup/SSSB and Dresdner Kleinwort Wasserstein.

DaimlerChrysler, one of the world's big three automakers, will next week finalise which six banks will lead its new Eu13bn revolving credit facility. EuroWeek understands that they will be Deutsche Bank and JP Morgan, which have traditionally led Daimler's syndicated loans, along with ABN Amro, BNP Paribas, Citigroup/SSSB and Dresdner Kleinwort Wasserstein.

Rating: A (Fitch) Tranche 1: Eu250m Inhaberschuldverschreibung

Alcatel is to convert the tracking stock for its Optronics subsidiary into ordinary shares, after the French telecoms manufacturer decided that the structure was restricting its ability to manage the unit. Alcatel launched Europe's first and only tracking stock in October 2000 in an attempt to highlight the value in its optical components subsidiary without losing control. Investors in the stock had voting rights in Alcatel, not Optronics, and received Alcatel dividends.

Rating: Baa1/BBB/BBB+ Amount: Eu50m (fungible with three issues totaling Eu450m first launched 29/11/02)