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China Chase Manhattan Asia has wrapped up syndication of the $250m fundraising for Kodak China Co.

Australia Commonwealth Bank of Australia has completed another self-led fixed rate CD issue. The A$600m deal was co-managed by Deutsche Bank, Merrill Lynch and Warburg Dillon Read, each taking A$75m.

SPECULATION intensified this week over the medium sized facility for First Active, formerly the First National Building Society. Bankers say Barclays and WestLB were officially mandated yesterday (Thursday). Observers say the deal is Eu400m. However, there has been confusion over the deal's size.

Egypt Syndicate banks were signed in last Wednesday (June 30) for the oversubscribed but not increased, sell-down of the $220m international tranche of the senior secured facility for the Egyptian Company for Mobile Services (ECMS). The deal was led by international arrangers Chase Manhattan, Dresdner Kleinwort Benson, Paribas and WestLB.

KOREA Exchange Bank is tapping the market for funds for its biggest facility since a $130m one year loan which was completed in October 1997. Arrangers BA Asia, Standard Chartered Bank, Natexis Banque and SGZ-Bank (Singapore) launched the $100m 364 day loan on June 25.

Peru ABN Amro Bank NV (Chicago), ANZ Banking Group (New York), Bank of Montreal, Barclays, CIBC Wood Gundy Securities Inc, Citibank NA, Deutsche Bank AG (New York) and Bank of Nova Scotia have completed syndication of the $535m project finance facilities for Compañía Minera Antamina (CMA). The deal was signed on June 29.

India Arranger State Bank of India will launch a $72m three year loan for National Thermal Power Corporation next week. The margin will be 100bp with the fee structure still being finalised. Proceeds will be used for a refinancing.

ICC INVESTMENT Bank is to return to the Euroloan market with a Eu900m 364 day multicurrency revolver through arrangers Bank of Ireland, Banque Nationale de Paris, Den Danske and Greenwich NatWest. ICC was last in the market in June 1998 with a Eu350m (increased from Eu200m) 3-1/2 year revolving credit - the first euro denominated facility for an Irish borrower. That deal, arranged by ABN Amro and Den Danske, carried a margin of 12.5bp over Libor with participation fees of 4bp for commitments of Eu15m and 3bp for Eu7.5m.

Hungary There are three bidding groups in the shortlist for the debut transaction for Hungarian chemicals company BorsodChem Rt. There are six banks in the eastern Europe group: Hungarian Foreign Trade Bank, OTP, Central European Investment Bank, Raiffeisen Rt, Bank Austria Creditanstalt and WestLB.

LEAD ARRANGERS Chase Manhattan, Chase Securities, Deutsche Bank and Deutsche Bank Securities have launched the mammoth $17bn package of revolving credits for DaimlerChrysler into general syndication. The debt package consists of $12bn of revolving credits in favour of DaimlerChrysler North America Holding Corporation and a $5bn multicurrency revolving credit for DaimlerChrysler AG and several of its affiliates.

France ABN Amro, Natexis Banque-BFCE and WestLB are due to oversee the signing of the Eu1bn revolving credit for Casino Guichard-Perrachon today (Friday).

SG, the sole lead arranger on the £250m Great Yarmouth independent power project, achieved financial close for the project last Tuesday. Details of the financing structure and terms, which have so far been tightly guarded, are to be released imminently.