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The $15bn global debt facility for General Electric Capital Corporation was formally launched in Europe at a bank meeting held in London on Tuesday. The deal had been launched in New York, Tokyo and Hong Kong and was already oversubscribed by the time it hit London this week.

Rating: Aaa/AAA/AAA Amount: Eu1bn

Rating: Aa3/AA Tranche 1: Eu50m

A list of banks joining the Eu3bn 364 day revolver for German utility EnBW has been released. The banks are BayernLB, BNP Paribas, Citigroup/SSSB, Com-merzbank, Crédit Agricole, Deutsche Bank, HSBC, HypoVereinsbank, Helaba, Mizuho, Royal Bank of Scotland, SG, ABN Amro, BBVA, BHF, Crédit Lyonnais, LBBW, TD Securities, Bank of China, CDC IXIS, Deutsche Postbank, SMBC and Banca di Roma.

HSBC has won the mandate to arrange the leveraged buy-out facility for Boto International Holdings. The funds will finance the purchase of Boto's artifical Christmas tree and manufacturing entities by US-based Carlyle Group.

HMV Group, the UK-based media company, set the price range for its £525m IPO on Wednesday, as investors gave encouraging feedback to the deal. Despite UK press reports suggesting that the IPO will raise less than expected, HMV Group is valued at exactly what bankers had forecast. The price range of 190p-220p gives HMV a valuation of £834m at the mid-point and an enterprise value of £1.1bn.

Guarantor: CLP Power Hong Kong Rating: A3/A+

The Eu35m three year facility for Postabank Hungary is proving successful in syndication. Key relationship banks have been invited by mandated arranger DZ Bank to join the deal, and commitments are due by next week.

Rating: A2/A Tranche 1: Eu1.25bn

Rating: Aa3/A/A+ Amount: Eu100m

IBM (International Business Machines Corporation) has put its name to a $1 billion Euro-CP programme. Deutsche Bank has scooped the arrangership. It is the third signing from a US issuer since the start of 2002. The previous signings were AOL Time Warner's $2 billion facility, Prudential Financial's $1 billion programme and Quasar Funding's euro4 billion ($3.57 billion) shelf. IBM's programme will join the issuer's euro8 billion Euro-MTN facility that was signed in 1991. The programme has $3.89 billion outstanding off 10 trades. Deutsche Bank is the only dealer appointed to both IBM's Euro-MTN and Euro-CP programmes. The Euro-CP facility is rated A-1 by Standard & Poor's and P-1 by Moody's. The signing comes after IBM recently issued its first profits warning to the market for more than a decade. The news has shocked investors, as the company had remained very strong during the depths of recession. The dealers off the programme are the arranger, Barclays Capital, Citibank and Credit Suisse First Boston. The facility was signed on April 15. The appointed IPA off the programme is JPMorgan Chase Bank.

Rating: Baa2 Amount: Eu500m