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The article reports on the announcement by Anatolie Stati, chief executive of Moldovian-based oil firm Tristan Oil, that it cannot pay bondholders their coupons due on July 1, 2010 because of the interference of the Kazakh government in its operations. Kazakhtan's Ministry of Oil and Gas has notified Tristan's companies Kazpolmunay and Tolkynneftegaz that their mineral rights in Kazakh oil fields are already canceled. Possible negotiations between the Kazakh government and bondholders are also discussed.

The article reports on the efforts of Russian steel firm Evraz to approve changes in Earnings Before Interest, Tax, Depreciation and Amortization (ebitda) maintenance covenant bonds, by offering attractive terms to investors.

The article reports on the 460.65 million pound sale and leaseback issue from Tesco. It is noted that the issue has minimal resemblance to commercial-mortgage backed securities (CMBS) but the structure resembled credit tenant lease securitizations. The bond was priced by Goldman Sachs and a coupon of 7.6227 percent.

The article discusses the highlights of a roundtable discussion among leading market participants on issues related to the Pfandbrief market. Louis Hagen of the Association of German Pfandbrief Banks discusses the performance of issuance in 2009. Thomas Sommer says WL Bank was able to raise almost &Euro;3.9 billion (bn) of funding through Pfandbrief this year. Andreas Denger of Munich Ergo AssetManagement describes the performance of Pfandbriefe compared with other covered bonds.

The article reports that lenders of Tata Motors decided to extend its remaining $1 billion of a bridge loan. It is noted that Bank of India and ANZ have committed to the carmaker while five of its 21 existing lenders wanted to increase their exposure. Lead arrangers for the new loan include Citi, BNP Paribas and Standard Chartered.

The article presents an update on financial institutions that offer euro bonds. General Finance BV bonds are rated with a hybrid capital tranche and issue price of 100.00. Assicurazioni Generali SpA will launch tranche 2 on January 30, 2007. The 3-year corporate plan of Generali is part of its capital optimization strategy.

The article reports on the international bond issuance of several financial institutions in the euro market. These institutions included Banca Delle Marche SpA, Banca Lombarda e Piemontese SpA, Banca Monte dei Paschi di Siena, and Citigroup Inc. Details of the deals, including amount, maturity, issue price, and payment date, are presented. Comments from bookrunners of each deal are also presented.

The article discusses the potential if hybrid securities to Japanese corporates. Every now and then a new product arrives in the capital market that is touted as the next big thing. Bankers believe that Japanese issuers should now be joining in the hybrid activity. The Japanese economic recovery has already been reflected in the bank capital market by the return of the megabanks and other financial institutions to the international markets that they had been shut out of since the late 1990s.

The article focuses on the structures used by banks in issuing hybrid capital in Europe. Non-innovative structures have featured strongly in recent tier one supply. While the development of hybrid products for corporations has generated a great deal of excitement in the past 12 months, much of the technology being used in that market might be considered old hat by those active in the bank hybrid tier one market. Much of the technology being used in the corporate arena, having already been translated into the insurance sector, has been borrowed from products used by banks for many years.

The article focuses on the whole business securitization (WBS) in Japan. WBS deals are said to lie somewhere between traditional corporate finance and traditional securitization transactions according to Yukio Egawa, director and head of securitization research at Deutsche Securities in Tokyo. It is said that Daiei founder Tadayoshi Kanai was the locomotive for the WBS transaction of the firm. INSETS: Pachinko--a unique Japanese pastime;Five decades in the pachinko industry.

Presents news briefs on syndicated loans in the financial services industry in East Asia as of April 2005. Launch of a fundraising for Shenzhen International Holdings into syndication; Progress of the financing for Standard Bank Asia in syndication; Decrease in the amount of fundraising for Prodisc Technology.

Discusses the presence of foreign companies in the U.S. private placement market since 2003. Amount of transactions arranged by Barclays Capital and HSBC; Role of the internalisation of the private placement market in the size of transactions; Percentage of cross-border arrangements in the market in 2004.

Presents information on the issue of capital management of insurance companies in Great Britain. Role of hybrid capital and securitisation in the financial resource problems of the insurance industry; Challenges encountered by insurance companies in terms of financial management; Recommendations on how insurance companies should prioritise applying resources to achieving capital targets. INSET: No quick fix for longevity.

Reports on expectations of corporate debt capital market bankers in Europe in 2005. Comparison of euro corporate new issue market in 2004 and 2003; Projection on the increase in the supply of corporate debt capital; Significance of the American Jobs Creation Act to the issuance of corporate bonds.

Presents information on companies which tapped the international bond market as of November 2004. Ratings of the bond issued by Boston Scientific Corp.; Total amount of bonds issued by Eksportfinans ASA; Structure of the bonds issued by General Electric Capital Corp.

Presents updates on companies which launched international bond issues as of August 2004. American International Group Inc.; Crown European Holdings SA; Deutsche Hypothekenbank AG; ABG Finance International PLC; DekaBank Deutsche Girozentrale; Sino-Forest Corp.; American Express Credit Corp.; Structure and maturity of the issues; Value of the issues; Bookrunners for the issues.

Provides information on the international bond issues of several companies as of January 23, 2004. Logic behind the Eurofima transaction; Investor base of HBOS PLC; Book runners of all euro straights; Description of the credit of DekaBank.

Deals with the call for professionalism, transparency and liquidity in the Japanese securitization market, as of November 2003. List of the main channels for commercial mortgage backed securities transactions; Reasons behind the decline in commercial mortgage backed securities transactions; Impact of the mortgage backed securities program of the Government Housing Loan Corp. on the market.

Reports on the performance of the equity new issues market in Japan as of November 2003. Contribution of the market to the initial public offering market; Impact of the success of the Nomura Research Institute initial public offering on the stock market; Influence of foreign funds on the market; Role of retail buyers in the initial public offering market. INSETS: MTFG's recap issue wins plaudits against the odds;The Reit market at the right time.

Presents information on the multi-term notes (MTN) and commercial paper (CP) markets for the week ending November 21, 2003. Top euro MTN issuers for the week; Top euro MTN currencies; Credit rating of euro MTN by Moody's Investors Service; Top euro CP issuers of the week; ABN Amro; Alpha Bank; Scaldis Capital; Unilever; MTN issuance league tables.

Reports on the performance of the Japanese new issues market as of November 2003. Trend set by the success of the initial public offering of Nomura Research Institute; Growth of the influence of foreign funds; Adoption of strategic focus among issuers. INSETS: MTFG's recap issue wins plaudits against the odds;The Reit market at the right time.

Presents several international bond issues as of October 17, 2003. Issuers; Bookrunners; Comments from borrowers and bookrunners.

Presents data on the performance and status of the syndicated loan market as of October 3, 2003. Top 50 bookrunners and mandated arrangers in the Asia Pacific excluding Japan for the first nine months of 2003; Top 50 mandated arrangers and bookrunners in Europe, Middle East and Africa for the first nine months of 2003; Top 50 bookrunners and mandated arrangers of global syndicated loans; Companies which launched leveraged loan for the week ending October 3, 2003; Top 50 bookrunners in North America for the first nine months of 2003.

Presents updates on transactions for medium term notes (MTN) in the bond market as of September 12, 2003 from around the world. Reason for the increase in EuroMTN volumes; Value of the transaction for the dollar notes; Ranking of corporations based on the issuance of MTN.

Presents charts on multi-term notes (MTN) deals in the global capital market for the week ending July 11, 2003. Companies which issued yen denominated MTN; Companies which issued euro denominated MTN; Companies which issued dollar denominated MTN.

Looks at the major deals and status of the multi-term notes market as of May 23, 2003. Breakdown by maturity of the deals; Credit ratings on major deals; Bookrunners which posted the largest offerings; Details of the deals.

Presents data on multi-term note (MTN) deals as of April 2003. Decline in demand for MTN; Notes issued by General Motors Acceptance Corp; Information on the MTN issuance by Crédit Lyonnais.

Presents information on companies that tapped the international bond market as of April 25, 2003. International Lease Finance Corp; Wal-Mart Stores Inc; Delhaize Finance BV; European Investment Bank; Lead managers of the companies; Amount of the offering; Structure of the offering.

Presents information on companies that tapped the international bond market as of April 17, 2003. BHP Finance Ltd.; Federal Home Loan Bank; Nordic Investment Bank; ENI SpA; General Electric Capital Corp.; Amount of the bond offering; Structure of the offering; Lead managers for the offering.

Presents various issues on multilateral trade negotiations (MTN) as of February 14, 2003. Trading performance of the bond issuance of several companies; Details of the closed triple-A issuance trades of several financial companies; Performance of private corporate issuance within the MTN market.

Provides information on companies that have tapped the international bond market as of November 15, 2002. Bond offering launched by American Express; Bond offering launched by Diageo PLC; Bond offering launched by Metrobank; Bookrunner for the offering; Value of the offering.

Presents news briefs related to corporate syndicated loans as of October 11, 2002. Completion of the fund raising of Centennial Coal company in Australia; Launch of an acquisition loan by Hutchinson Whampoa company; Launch of a loan facility for Kookmin Bank into syndication in Korea.

Presents an update on multilateral trade negotiations (MTN) and CP as of October 4, 2002. Value of the multi-currency MTN program signed by Kim Eng Ong Asia; Components of the EuroCP program of Wal-Mart; Dealers to the EuroMTN program of Toyota Motor Finance Netherlands; Top currencies of the week as of October 2, 2002; Market commentary on the yen.

Presents information on companies that launch international bond issues as of April 26, 2002. European Investment Bank; International Finance Corp.; KfW International Finance Inc.; Allstate Life Funding LLC; Air Liquide Finance; Akzo Nobel NV; Banks that arranged for the bond offering; Value of the deals; Structure and maturity of the deals.

Provides information on syndicated loan deals as of April 19, 2002. Revolving credit facility for Amcor completed by Deutsche Bank and National Australia Bank; Credit facility arranged by DBS for Shanghai PanAsia-Potential; Move of LG Eletronics to tap the syndicated loan market; Efforts of banks to undertake preliminary work for the financing deal planned by Quanta Display Inc.

Provides information on companies that have tapped the international bond market as of April 19, 2002. Bank of America; Inter-American Development Bank; European Investment Bank; Viacom; Swedish Export Credit; Toyota Motor Credit Corp.; World Bank; AB Spintab; CL Capitak Trust I; Amount of the bond offerings; Credit rating of the companies; Issue price; Bookrunners.

Lists the companies that tapped the international syndicated loan market as of November 30, 2001. Value of the loan launched Sealed Air; Loan facility launched for Gold Peak Industries; Monetization facility launched by the Citibank NA for 7-Eleven Inc.; Fix rate loan facility launched for Hynix Semiconductor; Value of the loan deals; Structure and maturity.

Presents the details of the international bond offering deals launched by companies as of November 30, 2001. Alcoa Inc.; Federal Home Loan Banks; Unilever NV; Swedish Export Credit; World Bank; New York Life Funding; Pacific Life Funding LLC; Alcatel; Value of the offering; Bookrunners of the offering; Structure and maturity of the offering.

Lists the companies that tapped the international syndicated loans market as of September 7, 2001. Milburn Cement; Industrial Bank of Korea; San Miguel Corp.; International Display Technology Inc.; Silicon Integrated System Corp.; Reliance Petroleum; Arrangers for the deals; Amount of the deal; Structure and maturity of the deals.

Details the bond offerings launched by several companies as of September 7, 2001. American Express; General Motors Acceptance Corp.; Household Finance Corp.; Bayerische Landesbank Girozentrale; Gillette Co.; Arrangers of the offerings; Price of the offerings; Structure and maturity of the offerings.

Presents an update on syndicated loans as of August 31, 2001. Number of banks which joined the dual tranche project financing for Hutchison Global Crossing; Purpose of the seven year term loan/standby letter of credit for Sino-French Water Development Co.; Value of the global facility that NEC Corp. is preparing through arranger Citibank NA.

Provides information on new international bond issues, as of June 29, 2001. Rio Tinto Finance Ltd.; Council of Europe Development Bank; Walt Disney Co.

Presents updates on the syndicated loans that were launched for several companies as of April 27, 2001. Oil Search; New World Infrastructure; Mitsubishi Motors Corp.; Acom; Hanaro Telecom; Value of the deal; Lead arrangers for the deal; Credit rating of the companies.

Provides updates on companies which launched euro denominated bonds as of April 27, 2001. ABN Amro Bank NV; Alcan; Commerzbank AG; Value of the deals; Credit rating of the companies; Lead managers for the deals.

Presents updates on corporations which launched United States dollar denominated bonds as of April 27, 2001. Bear Stearns & Co.; Federal Farm Credit Banks; International Finance Corp.; Value of the deals; Credit rating of the companies.

Presents updates on companies which issued bonds as of April 12, 2001. AOL Time Warner Inc.; Delhaize America; Ford Motor Credit Corp.; Electricite de France; Value of the bond offerings; Credit rating of the companies; Lead managers of the companies; Maturity of the deals.

Presents updates on the syndicated loans launched by several companies as of April 12, 2001. Loan facility for Qantas Airways; Loan deal for Wharf; Loan facility for Mitsubishi Corp.; Value of the loan deals; Arrangers for the deals; Credit rating of the companies.

Provides information on the companies which launched syndicated loans as of March 30, 2001. Term loan of One Steel Finance; Loan deal for Indian Oil Corp.; Loan facility for Sony Corp.; Value of the loans; Lead managers for the loan financing deals; Credit rating of the companies.

Presents updates on corporations which issued international bonds as of March 30, 2001. Federal Home Loan Banks; General Electric Capital Corp.; Kellogg Co.; World Bank; Inter-American Development Bank; Lead managers for the bond deals; Value of the bond issues; Credit ratings of the companies.

Presents updates on companies which launched United States dollar-denominated bonds as of March 23, 2001. Coca Cola Co.; Salomon Smith Barney; World Bank; Value of the bond offerings of the companies; Credit ratings for the offerings; Lead managers of the offerings.