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  • Documentation for the Eu20m five year club-style bullet facility for Banka Koper was signed on June 4. Arrangers were BayernLB, Baden-Württembergische Bank, LB Kiel, NordLB and RZB. The credit pays a margin of 52.5bp over Libor.
  • Guarantor: Capitol Records Inc Rating: Baa2/BBB
  • Barclays, Deutsche Bank (sole bookrunner), Lehman Brothers and Royal Bank of Scotland will wrap up syndication of the £1.28bn acquisition loan for Enterprise Inns by the end of the week. The deal is around 40% oversubscribed at the sub-underwriting level and no general syndication will be necessary. Syndication has been a blowout success and bankers say the deal has benefited from a quiet UK market and support from a strong set of relationship banks.
  • Dresdner Kleinwort Wasserstein is arranging a Eu150m five year club deal for Enterprise Rent-A-Car. The deal will partly refinance a $725m dual tranche revolver arranged by JP Morgan, Dresdner, Deutsche and Royal Bank of Canada in 2001.
  • Guarantors: Region Nord pas de Calais, Departement du Pas de Calais, Departement du Nord Amount: Eu458.125m
  • Guarantor: FSA Amount: Eu227.5m
  • Rating: A1 Amount: Eu300m
  • The Eu150m five year facility for Rautaruukki has been well received and oversubscribed by Eu10m. The arrangers now hope to attract an increase of up to Eu200m. Mandated lead arrangers are Nordea (bookrunners), Bank of Tokyo-Mitsubishi (facility agent) and Danske Bank (documentation).
  • Amount: £500m Legal maturity: June 1, 2034
  • Rating: AAA/AAA Amount: $2bn (fungible with $7bn issue first launched 08/03/02)
  • Bankers invited to join general syndication of the Eu4bn loan for A3/BBB+ rated Bombardier attended a meeting yesterday (Thursday) at the Barber Surgeons Hall in London. Arrangers BayernLB, BNP Paribas (joint bookrunner), Commerzbank, Deutsche Bank (joint bookrunner), Dresdner Kleinwort Wasserstein and HSBC (joint bookrunner) have offered three tiers in general syndication: senior co-arrangers taking Eu100m for 16.5bp; co-arrangers committing Eu75m for 15bp; and lead managers taking Eu50m for 12.5bp.