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  • Bond Comments
    South African rand
    * KfW International Finance Guarantor: Kreditanstalt für Wiederaufbau
    August 14, 1998
  • Special Reports
    There are no stories in this section this week
    August 14, 1998
  • Bond Comments
    Sterling
    * Scottish Power plc Rating: Aa2/A+
    August 14, 1998
  • Bond Comments
    Swiss francs
    * Abbey National Treasury Services plc Guarantor: Abbey National plc
    August 14, 1998
  • Thai rescue plan may not be enough for ailing banks
    7558
    August 14, 1998
  • CLOs
    UNITED KINGDOM
    Berliner Bank, Bank of Nova Scotia and MeesPierson have won the mandate to arrange a $100m term loan for easyJet. The borrower will use the loan to finance the purchase of three Boeing 737-300s and the refinancing of three Boeing 737-300s. HSBC will sign the £55m five year facility for New Look next week. The loan has been well supported in general syndication and has been fully subscribed.
    August 14, 1998
  • Bond Comments
    US dollar straights
    * European Investment Bank Rating: Aaa/AAA
    August 14, 1998
  • Bond Comments
    US$ FRNs
    * Abbey National Treasury Services plc Guarantor: Abbey National plc
    August 14, 1998
  • CLOs
    Vnesheconombank looks to US investors for MFK-led credit
    MFK Renaissance is to target a $750m credit facility for Vnesheconombank at US investors, say eastern European specialists. The loan will have a short dated maturity -- possibly as short as 2-1/2 months. That MFK Renaissance is tapping the US investor market is a result of the worsening economic climate in Russia. The loan market for Russian borrowers is all but dead, with only a handful of deals closed this year. Those deals which have closed have been small and generously priced to attract lenders.
    August 14, 1998
  • Week in a Glance: Investors on the defensive
    7641
    August 14, 1998
  • CLOs
    WESTERN EUROPE
    Belgium Arrangers Banque Nationale de Paris and KBC are looking to sign the Bfr15bn non-recourse facility for Telenet Operaties' telecommunications project over the next 10 days.
    August 14, 1998
  • $5bn Euro-MTN facility signed for Dorada vehicle
    7634
    August 14, 1998
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