A A$460 million four year multi-tranche fundraising for Centennial Coal was signed on Thursday December 20 via a syndicate of seven banks on a club basis. The mandated arrangers are ANZ, BNP Paribas, Bank of Tokyo-Mitsubishi UFJ, HSBC, National Australia Bank, Toronto Dominion and Westpac Banking Corp.
The deal comprises a A$175 million term loan, a A$150 million revolver, a A$100 million letter of credit and a A$35 million guarantee facility.
Allocations saw ANZ contributing A$165 million, while Westpac Banking Corp took A$75 million. BNP Paribas, HSBC and Toronto Dominion held A$50 million apiece and Bank of Tokyo-Mitsubishi UFJ provided A$40 million. Completing the syndicate was National Australia Bank committing A$30...
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