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Kreditanstalt für Wiederaufbau tapped into growing demand for yen assets from index trackers this week with the launch of a ¥100bn five year global bond — the borrower’s first global outside Deutschmarks or euros.

n Banamex this week became the first Mexican private commercial bank to issue plain vanilla bonds in the US market in five years, with a $150m two year eurobond/144A issue led by Chase. The deal carried a 9% coupon and was priced at 99.921 or 325bp over Treasuries. Banamex if the first Mexican bank to brave the straight bond markets since Mexico's 1994/1995 devaluation sparked a national banking crisis.

Brazil Citibank (syndication agent) and Banco Santander Central Hispano (administration agent) are in the market with a $100m loan for Citibank Brasil. The loan is for general corporate purposes and commitments are due this week. Signing is scheduled for November 24. The borrower was last in the market in September 1995 with a $50m one year revolving credit, arranged by Citibank.

THE REPUBLIC of Lithuania is looking to raise a club facility of between $20m and $50m over two years. The arranger Raiffeisen Zentralbank Österreich is quietly approaching a few banks to join, rather than attempting a full syndication. The facility will pay a margin of 250bp. The borrower would like to raise longer term funding, but that is not possible due to the political instability arising from the controversial sale of a stake in oil company Mazheikiu Nafta to the US energy company Williams - the prime minister recently resigned in protest against the sell-off - and the year end approaching.

PETER LUTHY has left Barclays Capital, where he was head of investment banking, after a shuffle of responsibilities among senior management. Luthy's departure follows the appointment of Naguib Kheraj, formerly chief operating officer, as head of investment banking, as well as the decision by Barclays capital chairman Hans-Joerg Rudloff to take a more executive role.

PETER LUTHY has left Barclays Capital, where he was head of investment banking, after a shuffle of responsibilities among senior management. Luthy's departure follows the appointment of Naguib Kheraj, formerly chief operating officer, as head of investment banking, as well as the decision by Barclays capital chairman Hans-Joerg Rudloff to take a more executive role.

THE FIVE underwriting arrangers leading the controversial £8bn super jumbo credit for Mannesmann intend to close syndication today (Friday). The arrangers - Deutsche (underwriting £2.5bn), Merrill Lynch (£1.5bn), Morgan Stanley Dean Witter (£1.5bn), Bayerische Landesbank (£1.25bn) and WestLB (£1.25bn) - have received strong support from lenders, despite many senior market participants still complaining about Mannesmann's syndication strategy and the transaction's terms.

THE FIVE underwriting arrangers leading the controversial £8bn super jumbo credit for Mannesmann intend to close syndication today (Friday). The arrangers - Deutsche (underwriting £2.5bn), Merrill Lynch (£1.5bn), Morgan Stanley Dean Witter (£1.5bn), Bayerische Landesbank (£1.25bn) and WestLB (£1.25bn) - have received strong support from lenders, despite many senior market participants still complaining about Mannesmann's syndication strategy and the transaction's terms.

ABN Amro Bank, Citibank and Deutsche Bank have joined lead arranger HSBC as co-arrangers to launch the $1.25bn, ¥11.6bn, four year financing for the Government of Malaysia. The deal was oversubscribed at the underwriting stage and banks had to scale back their commitments.

Nigeria Arranger Credit Suisse First Boston has launched the $160m Nigerian Liquefied Natural Gas (NLNG) shipping project financing to a group of banks for sub-underwriting roles. A bank presentation will be held in London next week.