loan-week-july-31aug-6

Loan week, July 31-Aug 6

A roundup of the latest syndicated loan market news.

Australia

A A$146 million multi-tranche credit facility for Genesis Care has been sealed via ANZ, Bank of Scotland, National Australia Bank and Westpac on a club basis.

The three-year stapled financing is divided into A$63 million, A$45 million and A$30 million term loans and an A$8 million revolving credit.

The leads each provided A$37 million. Proceeds are to support Advent Equity Partners' acquisition of a 30% stake in Genesis formerly known as Heart Care Group from I-Med formerly known as the DCA Group Network, which is owned by CVC Capital Partners.

TRUenergy's A$350 million three-year loan has been launched into syndication via mandated lead arrangers and bookrunners National Australia Bank, Royal Bank...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222