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Arrangers Barclays Capital and JP Morgan have launched the £900m credit facility for Hanson plc.

South Africa The $150m term loan for RMB International (Dublin) was signed this week. The deal was 175% subscribed and increased from $100m to $150m. The mandated arranger was Mizuho Financial Group and arrangers were Bayerische Landesbank, HypoVereinsbank, KBC Bank, Crédit Agricole Indosuez and Standard Chartered.

David Rimmer, head of syndications at ABC International Bank, is to retire at the end of this month, having worked in the City for 34 years.

The republic of Argentina this week chipped away at its yearly funding requirements with a $250m increase to the $500m 30 year bond it launched in January. The add-on, led by Banco Galicia, was priced to yield 12.44%, or 678bp over Treasuries, at a wider yield and spread than the original, which was launched at a spread of 656bp. The wider spread on the add-on largely reflected the weaker Latin market this week.

Hong Kong HSBC has won the mandate to arrange a $100m five year transferable term loan/floating rate note facility for Cosco (Hong Kong) Group.

New York City - Tuesday February 20, 12.00pm. A huge mushroom shaped cloud hangs over 11, Madison Avenue, the beleaguered house of Credit Suisse First Boston. Has someone dropped a nasty bomb on our CSFB friends? The ambulance crews representing New York's finest tell us there may be many casualties on the executive floor. President George W Bush is said to be watching the situation with some concern.

Bank of Scotland has bolstered its structured finance business in continental Europe with additions to its Paris and Frankfurt teams.

EuroWeek hears that Standard Bank has been mandated to arrange a debut loan for Bank Zenit. It will have a maturity of one year with a put option of 180 days. The deal will be secured on Eurobonds issued by the Russian crude oil and natural gas producer Tatneft. Bank Zenit is the first Russian financial institution to come to the market since the crisis in 1998. Russian banks nursed heavy losses as a result of the financial turmoil, and confidence vanished from an already shaky loan market, which had struggled to recover from the effects of the Asia crisis.

Barclays Capital has named Tyrone Cooney as a director in its financial sponsor coverage team, Paris.

Baxter International signed a euro1.5 billion ($1.36 billion) MTN programme on February 15 2001, with an expected initial series of notes to total euro500 million. Credit Suisse First Boston has won the arrangership. This is Baxter's first MTN programme. The borrower issued a euro600 million CP programme in November 2000, with UBS Warburg as the arranger. The programme has euro293 million outstanding off 11 issues. The MTN programme is rated A from both Standard & Poor's and Fitch, whilst Moody's give A3. The latter gives the programme a negative outlook, with the two former rating agencies say the outlook is stable. Based in the US, Baxter's market is healthcare, pharmaceuticals and biotechnology. Baxter maintains significant operations in Europe with approximately 26% of sales originating there. The dealers are the arranger, Deutsche Bank, JP Morgan, Salomon Smith Barney, and UBS Warburg.

Bondclick, the electronic bond trading platform owned by a consortium of seven major European banks, has appointed Bo Hegg, former head of fixed income e-commerce at ABN Amro, as CEO. He replaces Eloi Duverger, the former JP Morgan vice president and head of European government bonds, who has left to pursue private interests.