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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  • Market commentary Compiled by Glenn Blackley, RBC DS Global Markets, London. Tel: +44 171-653 4557
  • * Republic of Austria Rating: Aaa/AAA
  • * Kingdom of Denmark Rating: Aa1/AA+
  • Lebanon * Republic of Lebanon
  • * Caisse Autonome de Refinancement Rating: Aaa/AAA
  • * Crédit Local de France Rating: Aa1/AA+
  • Market commentary Compiled by Glenn Blackley, RBC DS Global Markets, London. Tel: +44 171- 653 4557
  • * Export Development Corp Rating: Aa2/AA+
  • France Framatome has awarded a working mandate to two banks to arrange financing backing its acquisition of Berg Electronics Corporation.
  • India Financial close and launch of syndication for the 580MW Bina power project in Madhur Pradesh will be reached in the fourth quarter 1998.
  • Brazil The $50m trade financing facility being arranged by Citicorp Securities for Compania Votorantim de Celulose e Papel (CELPAV) has been completed oversubscribed.
  • Abu Dhabi A decision on the winning bid for the Tawellah power and water desalination project should come imminently. Just two bidders remain -- CMS advised by Barclays Capital and Tractebel advised by Chase.