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PaperlinX on Wednesday agreed to buy UK paper merchant Bunzl Fine Paper for £138m (A$366m), a deal which spurred the immediate launch of a placement to institutions to raise A$125m. UBS Warburg and Deutsche Bank handled the overnight bookbuild, which had an indicative price range of between A$4.80 and A$4.90 a share. The deal was priced at A$4.80.

Shinsei Bank, the relaunched Long Term Credit Bank of Japan, this week completed the second leg of its domestic and international collateralised loan obligation issue. Citigroup/SSB and Nomura placed Eu150m and $100m of 2.83 year average life bonds rated triple-A by all three agencies.

Sydney Airports Corp has been sold for A$5.56bn to the Macquarie Bank-led Southern Cross syndicate. The deal will have serious ramifications for Macquarie Bank stock and more directly for investors in Macquarie Airports (MAp), which was listed in early April in a large global IPO.

Korea Development Bank (KDB) geared up to return to the Samurai bond market this week, signing up Daiwa SMBC as bookrunner for a ¥30bn five year issue to be launched next week. The deal will be KDB's first in the Samurai market since November 1999. "We are looking to launch a Samurai issue because many of our clients are still interested in yen funding, given the low interest rate environment [in Japan]," said an official at KDB. "We also have some Samurai issues coming to maturity in the second half of the year, so the deal will also be used to help refinance these as well."

Boeing Capital Corporation signed a $1.5 billion Euro-MTN programme on June 6 and Deutsche Bank was the arranger. It is the fourth programme to be signed this year by a US borrower, but only the second signing from a company in the aerospace industry in the last 18 months. There have only been 14 trades from aerospace issuers in that period, most of which have come from Schipol Nederland and Schipol Group in the last month. The issuer's long-term ratings are split: A3 from Moody's and A+ from Standard & Poor's. The dealers are the arranger, ABN Amro, Barclays Capital, BNP Paribas, Credit Lyonnais, CSFB, Merrill Lynch, Mizuho, JPMorgan, Schroder Salomon Smith Barney, The Royal Bank of Scotland and UBS Warburg.

Rating: A+ (Fitch) Amount: Huf5bn

Rating: Aaa/AAA/AAA Amount: Nkr500m

Rating: Aaa/AAA/AAA Amount: Ck1.65bn

Amount: £400m Legal maturity: May 15, 2009

Mandated arranger Standard Chartered has closed syndication and will sign banks into the $350m credit for Sociedade Nacional de Combustiveis de Angola (Sonangol) in the next two weeks. Citigroup/SSB, BayernLB, HVB Group and Standard Bank have joined the deal in senior syndication.

Guarantor: Financial Security Assurance Amount: £66.5m