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Landesbank Schleswig-Holstein is set to issue a HK$100 million ($12.8 million) Euro-MTN. The note, which has a single interest payment and a final coupon 5.080%, goes out until December 29, 2003.

Landesbank Schleswig-Holstein Girozentrale is set to issue a euro650 million ($557 million) Euro-MTN on July 6. The note, which matures on June 6, 2003, pays interest singularly.

Mexico Dresdner Kleinwort Wasserstein has completed a $143m five year term loan for Mexican holding company Apasco SA de CV.

MTNers are on the move. But Robert Mohamed can't decide if he's coming or going. Having left Merrill Lynch for Deutsche in 1994 he was poached back by the US firm in February this year. Now he's decided the German bank doesn't look so bad from a distance after all, and has come trotting back. Robert's role is yet to be confirmed, but Stephanie Sfakianos will remain head of MTN and CP origination. Another man rumoured to be re-entering the fray is Rupert Lewis. Rupert has spent the last three months in the sun, on a set of skis in Chamonix, France, after finding life at JP Morgan slightly lacking in those two departments. Apparently he has returned looking extremely tanned, and his hair has turned a bright shade of blonde. If anyone sees an MTNer looking a little bit lost and very much like a vanilla cornet be sure to tell him that Merrill is now looking for a new head of money market origination. Miles Hunt is the final member of our dynamic trio. He is leaving Citibank Credit Structures to fill a seat on the MTN desk next to Garrath Fulford, at Chase. And with the bank holiday weekend coming up Nabil Abooze-alot from Barclays has decided to fly over to France. But it appears that he doesn't trust pilots, because he's flying the plane himself. As long as he can find a hire-shop that has planes with bumpers he'll be making use of his pilot's licence for the first time.

Lehman Brothers has signed its second financial repackaged debt issuance programme of this month. The $5 billion programme for the issue of limited resource obligations is signed under the name Crystal Finance. Lehman is the sole arranger and dealer. The programme follows on from Lehman Brothers $10 billion Euro-MTN facility under the name Anthracite Rated Investments signed earlier this month (see MTNWeek, issue 231).

The eastern European loan market has been busy this week with one signing, five closings, two launches and one mandate. The pricing on the deals reflects the stark division between EU accession countries and those not in the first wave of EU membership.

The London Stock Exchange (LSE) announced yesterday (Thursday) its intentions to float the exchange on the main market by the end of July in a deal that could be worth as much as £1.2bn. Don Cruickshank, chairman of the exchange, said: "We have reached the point now where we are ready to move to a full listing, offering us the flexibility to pursue the strategy developed by Clara Furse and her team." Clara Furse, CEO of the LSE, said: "As a business we must seek to position ourselves as Europe's leading capital market exchange organisation and exchange service provider rather than purely as a stock exchange." She added: "If that means pursuing corporate deals, that is what we will do."

Rowena Chu has joined Deutsche Bank as head of equity capital markets (ECM) for north Asia, a new position.

MBNA Europe Funding has dropped Morgan Stanley and SG as dealers from its euro4 billion ($3.42 billion) Euro-MTN programme. Westdeutsche Landesbank has been added as a dealer.

McDonalds has issued a ¥15 billion ($125.3 million) 10-year note that pays a final coupon of 1.5%. The note was issued at a price of 96.761% and was led by Salomon Smith Barney. It is the second note McDonald's has issue dhtis year. The first was a euro300 million ($257.08 million) note led by Morgan Stanley.

Bahrain The $300m five year facility for Investcorp closes today (Friday). The completed senior syndication resulted in oversubscription and mandated arrangers Deutsche Bank and JP Morgan, which have strong relationships with the borrower, expect the general syndication to close oversubscribed. The deal is split equally into a revolver and term loan. The margin is 87.5bp with a top participation fee of 75bp for a ticket of $15m. Investcorp's last deal, syndicated in 2000, carried a margin of 65bp.

Moody's backed developments in the European covered bond sector this week, describing proposed legislation for the Irish and Finnish covered bond markets as "broadly comparable with those of most other European systems". Standard & Poor's (S&P) and Fitch have said they will wait until the laws are passed before issuing comments or rating actions.