Search results for

JP Morgan has managed to fill the long empty spot of head of Asian economic research by hiring William Belchere from Merrill Lynch. The well regarded economist, whose Asia (ex-Japan) research team was ranked first for fixed income and strategy by Institutional Investor in 2000, was lured over to the new bank with the promise of an expanded role as Asia research co-ordinator.

The $15m-$20m 360 day bullet refinancing for Bank CenterCredit is unlikely to be launched to market for another couple of weeks. The deal has been mandated to Citigroup/SSSB and RZB. The transaction pays a margin of 300bp-350bp over Libor and carries a six month extension option at the lender's discretion.

Rating: Aaa/AAA/AAA Amount: Sfr200m (increase to Sfr300m issue launched 16/07/02)

Elektra Partners Europe this week announced the completion of the £118m public-to-private management buy-out of Kunick plc by Danoptra. Royal Bank of Scotland is arranging the debt supporting the buy-out.

Rating: Aaa/AAA/AAA Amount: Nkr500m

Rating: AAA (Fitch) Amount: Eu50m

Rating: AAA (Fitch) Amount: Eu25m

Rating: Aa1/AAA (Moody's/Fitch) Amount: Sfr200m

Rating: Aa1/AA+/AAA Amount: Eu500m

Rating: Aaa/AAA/AAA Amount: Nkr500m

Rating: Aaa/AAA/AAA Amount: Sfr250m

Time flies when you're pricing those Bermudan callables. August is around the corner and that can mean only one thing: Landsvirkjun's and Islandsbanki's Discover Iceland expedition. The invitations have been issued for the fourth annual jaunt around Iceland but Leak wonders what there is left to discover. We already know very well how much shark the MTN community can consume and we need no clues about its Brennivin drinking capabilities, but with Islandsbanki's Bill Symington and Ingvar Ragnarsson promising a few last minute surprises we have no doubts that it will be a weekend to remember - alcohol permitting that is.