GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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  • n Bayerische Landesbank Girozentrale Rating: Aaa/AAA
  • n ANZ Banking Group Ltd Rating: Aa3/AA-
  • n Argenta Nederland NV Guarantor: Argenta Spaarbanken NV, Argenta Société d'Investissements SA
  • US retailer Safeway Inc will next week head an expected $30bn to $60bn deluge of US corporate bond paper in the pipeline for September and October, with a planned $1.5bn three tranche issue. The deal, led by Morgan Stanley Dean Witter, is expected to be split into three, five and 10 year paper.
  • Market commentary: Compiled by Glenn Blackley,
  • n European Investment Bank Rating: Aaa/AAA
  • n Bradford & Bingley Building Society Rating: A1
  • Europe n Iberbond 1999 Plc
  • Belgian telecommunications group Belgacom is to target international CP investors for the first time following the revision of its domestic CP facility. Its existing Bfr20bn domestic programme has been updated and now has a new ceiling of Eu1bn. Three international banks - Citibank, Deutsche Bank and Goldman Sachs - have joined KBC and ING Barings/BBL as dealers on the facility.
  • Rating: AAA (Fitch IBCA) Amount: Eu125m (fungible with two issues totalling Eu766.938m launched 25/09/96 and 03/12/96) Öffentlicher Pfandbrief series 79
  • Rating: AAA Amount: Eu135.885m (fungible with three issues totalling Eu764.122m launched 13/08/98, 04/12/98 and 04/05/99) Öffentlicher Pfandbrief series 955
  • Rating: Aaa/AAA Amount: Eu2bn global bond Öffentlicher Pfandbrief series 798