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Mandated lead co-ordinating arrangers Nordea and Svenska Handelsbanken yesterday (Thursday) signed banks into the Skr11bn term loan and revolver for Svenska UMTS. Swedbank joined as a mandated lead arranger. ABN Amro, Crédit Agricole Indosuez and SEB Merchant Banking are lead arrangers.

Mandated arranger Sumitomo signed banks into the Eu97m five year facility for Slovak Telekom on Wednesday September 18. For more details see EuroWeek 770.

Mandated arranger RZB has extended the deadline for commitments to join the Eu60m five year bullet term loan for Vseobecna Uverova banka (VUB) until September 23. The deal will be launched into general syndication thereafter.

Rating: Aaa/AAA/AAA Amount: Eu500m

Banks will launch syndication of the $200m three year term loan for Baa2/BBBpi/BBB- rated Standard Bank South Africa imminently. These are: Bank of Tokyo-Mitsubishi (bookrunner), HypoVereinsbank (press and signing), BayernLB (facility agent), Dresdner Kleinwort Wasserstein (bookrunner and co-ordinator), KBC, Mizuho (information memorandum), Royal Bank of Scotland (documentation agent), Standard Chartered, SMBC and UFJ. The banks will be offered fees of 30bp flat for commitments of $10m as co-arrangers, 25bp for $7.5m as lead managers and 20bp for $5m as managers.

Participation rate means 73%. Index final means the official closing level of the index on the final valuation date, the 10th business day prior to the maturity date. Index initial means the level of the index at 12.00pm London time on September 6, 2002.

Commitments continue to stream in for the Sultanate of Brunei's inaugural $250m five year loan. Arrangers ABN Amro, BNP Paribas and HSBC report that over 10 banks have signed up and that others are still evaluating the deal.

Rating: Aa2/AA+ Amount: $600m (increased on 18/09 from $500m)

Mandated arrangers Nordea and SEB Merchant Banking will launch the $175m five year facility for Sapa into syndication in the next two weeks. The deal will carry a margin 30bp-40bp over Libor and will refinance existing debt.

Swiss Life's share price fell 32% this week after investors showed concern over the insurer's plans to raise up to Sfr1.2bn (Eu816m) through a rights issue. Swiss Life made the announcement in a terrible week for insurance stocks, as investors began to realise the extent of the capital shortages facing the industry.

UBS Warburg has the mandate from medical technology group Centerpulse, previously called Sulzer Medica, to arrange a $635m financing. Funds will be used to pay a $725m US settlement agreement due in cash on November 4. Centerpulse has reached a settlement with 3,530 patients who underwent revision surgery after being implanted with defective hip and knee implants during surgery.