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Carlton has signed a £

Beijing-based investment bank China International Capital Corp has named former Merrill Lynch chief Peter Clarke as its new CEO.

CDC IXIS Capital Markets has issued a ¥1 billion ($8.4 million) trade that will be issued on March 7 2001. The note will pay a final coupon of 2.5% and the bookrunner off the issue will be Salomon Smith Barney. The note will be issued off the borrowers euro7 billion debt issuance programme.

Canada Mortgage & Housing Corp (CMHC) reopened the Canadian dollar global market on Wednesday with a C$750m five year offering lead managed by Merrill Lynch and TD Securities. Announced late on Tuesday afternoon following a 50bp rate cut by the Bank of Canada, the issue was heavily oversubscribed and increased from C$500m. Around one third of the paper was sold to investors outside Canada.

Lloyds TSB Capital Markets and WestLB have launched a £150m five year revolving credit facility for Coventry Building Society

Rights from CRH's Eu1.1bn deep discounted issue began trading on Wednesday. The deal, managed by UBS Warburg and Davy Stockbrokers, will help the Irish building materials group finance the Eu453m of purchases it has approved this year but has yet to pay for. "They've got plenty in the pipeline, and clearly they believe they need the funds to continue the acquisition trail," said Robert Eason, a building materials analyst at Goodbody Stockbrokers in Dublin.

Premarketing got underway today (Wednesday) for the $75m IPO of Swiss medical devices manufacturer High Medical Technologies.

* Ford Credit Australia Ltd Rating: A2/A

DaimlerChrysler yesterday (Thursday) launched the largest ever euro transaction for the auto sector, a Eu6.5bn multi-tranche issue that overcame fears of oversupply, poor sentiment towards the industry, and the recent downgrades the company has suffered. Marketed in line with default swaps and the corporate's equivalent dollar Libor levels, the landmark deal, to be priced today (Friday), offered generous spreads over DaimlerChrysler's outstanding euro debt and generated strong demand - and was quickly bid 2bp-5bp tighter in the grey market.

DaimlerChrysler yesterday (Thursday) launched the largest ever euro transaction for the auto sector, a Eu6.5bn multi-tranche issue that overcame fears of oversupply, poor sentiment towards the industry, and the recent downgrades the company has suffered. Marketed in line with default swaps and the corporate's equivalent dollar Libor levels, the landmark deal, to be priced today (Friday), offered generous spreads over DaimlerChrysler's outstanding euro debt and generated strong demand - and was quickly bid 2bp-5bp tighter in the grey market.

Dollar swap spreads this week appeared to have found a range in which they are comfortable. Yesterday (Thursday) the 10 year closed at a mid-market of around 91.75bp and the five year closed at about 83bp. Both these prices have stayed quite constant over the past week. Thirty year spreads are bid at around 77bp over the long bond and two year swap spreads are bid at 61bp. The yield curve between two years and 10 years is about 78bp, at the low end of the recent range. The 10 year versus 30 year curve is at about 28bp.

Dutch office products group Buhrmann announced this week that it will raise between Eu600m and Eu700m in equity capital before the end of the month to finance two recent acquisitions. The money will fund the Eu320m acquisition of the office products division of Samas-Groep, announced in December 2000, and the purchase of the US distribution activities of US Office Products Company, announced on Monday. The purchase price of the second is $250m, but the total cost is projected at $400m.