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Rating: Aaa/AAA/AAA obligations foncières Amount: $1bn

Rating: Baa1/BBB+ Amount: Eu600m

Rating: A3/A Amount: $1bn (increased from $750m)

Arranger HSBC hopes to sign banks into the £425m acquisition facility for Davis Services early next week. HSBC invited banks to commit to the deal taking £80m for an underwriting fee of 20bp and a participation fee of 30bp or £50m for an underwriting fee of 17.5bp and a participation fee of 27.5bp.

The $50m five year facility for Croatian Bank of Reconstruction and Development (HBOR) is being well received in the market. The deal is jointly arranged by RZB and ING and has already attracted commitments from six banks that will be joining in senior syndication. Enquiries from five others have been received.

Deutsche Bank was this week considering how best to dispose of a Eu800m stake in Axel Springer, the German media company, which it acquired after Kirch Gruppe defaulted on a loan. Kirch had used its 40% stake in Axel Springer as collateral for a Eu720m loan issued by Deutsche Bank and when the Kirch media empire collapsed earlier this year Deutsche took the stake on. It now has various options as how best to dispose of the stock.

In an active week of trading in BSkyB, the UK-based satellite television company, Deutsche Bank went some way to recovering the loss it made on January's disastrous Vivendi trade by completing the sale of a £1.7bn block in BSkyB. The 13% of BSkyB sold was a stake Vivendi Universal's had been forced to sell to Deutsche Bank in 2001. Competition authorities demanded that Vivendi dispose of its 22% stake in Sky to complete its acquisition of Seagram. Deutsche Bank sold the initial 9% stake in December last year, and the £1.7bn block is the balance of the 22% holding.

The Eu200m club-style deal for wind turbine generator Vestas has been closed and was signed on May 10. The loan is split into two portions: an Eu80m one year tranche and a Eu20m three year piece. Both are revolvers.

Dexia Municipal Agency (Dexia MA) and Landesbank Rheinland-Pfalz (LRP) benefited from the recent lack of confidence in the German Pfandbrief market when they launched their respective covered bonds this week. Dexia MA launched its Eu1bn 10 year obligations foncières issue via ABN Amro, Crédit Agricole Indosuez and JP Morgan on Tuesday at 23.4bp over the 5% April 2012 OAT, equivalent to 31.8bp over the 5% January 2012 Bund. LRP followed on Wednesday with a Eu1.5bn five year Öffentlicher Pfandbrief, via Citigroup/SSSB, Merrill Lynch and WestLB, which was priced at 23bp over the 4% February 2007 Bobl.

Rating: Aaa/AAA/AAA Amount: Eu1bn obligations foncières

A three week run of abysmal new issuance levels in the dollar markets was broken this week by issuers such as Kraft and Household Finance offering deals that satisfied investors' desire for either quality or rarity. More than $12bn of dollar deals had been priced or announced by yesterday (Thursday), a stunning turnaround from last week, when only $3bn came to a market reeling from the telecoms sector's meltdown.

Dresdner Bank has raised the limit off its Euro-MTN programme to euro20 billion ($18.25 billion) from euro15 billion. IBJ has been renamed as Mizuho following its merger in 1999.