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* Koninklijke Hoogovens NV Amount: Dfl 300m

* General Electric Capital Corp Rating: Aaa/AAA

Croatia The $70m two tranche term loan facility arranged by SG and UBS for Pliva ESOP has been launched straight to the market. The facilities are priced at 80bp over Libor and three levels of participation have been offered.

Venezuela * Corporación Andina de Fomento

CONNOR Killeen, the former head of equity capital markets at UBS, is to join Dresdner Kleinwort Benson as global head of equity capital markets starting in September, Euroweek has learned. Killeen, who led UBS' thrust into the primary equity markets over the last six years, left the bank at the beginning of this year following the merger with SBC Warburg Dillon Read.

* Merrill Lynch & Co Rating: Aa3/AA-

THE GERMAN primary market is heading for an unprecedented period of activity, with a large number of capital increases by Germany's biggest corporate groups due for launch in the next few weeks and a wave of small to mid-cap groups looking to float their shares on the Frankfurt equity markets. Despite the heavy supply on offer, issuing conditions are almost perfect. This week the Frankfurt Xetra Dax stockmarket index hit a record high following expectations of positive company results and heavy trading activity in some of the market's leading sectors.

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* Bayerische Hypotheken- und Wechsel-Bank (Hypobank) Amount: Dra10bn

SBC WARBURG Dillon Read has been mandated to advise and lead manage the sale of stock in Panafon, the leading Greek mobile telephone company. According to Athens-based analysts, the deal could raise between $600m and $1bn. At that size the flotation would represent the largest sale of corporate equity yet in Greece.

THIS WEEK was quiet with just one issue closing -- a $200m Euro/144A transaction for Canadian pulp and paper company Repap New Brunswick. The Euro/144A six year deal, lead managed by Credit Suisse First Boston, was priced at 341bp over the 5.75% April 2003 US Treasury and was predominantly placed in the US. European demand was estimated to account for some 10% of the issue.