loan-week-june-30july-6

Loan Week, June 30-July 6

A roundup of the latest syndicated loan market news.
Australia

A A$195 million dual-tranche facility for Beston Accommodation Parks Trust has been signed as a club via Commonwealth Bank of Australia and National Australia Bank.

The two year fundraising is split into a A$150 million loan and a A$45 million portion. Commonwealth Bank of Australia committed A$97.2 million while National Australia Bank provided A$97.8 million.

The proceeds are for capital expenditure and general corporate purposes.

Stella Group HoldingsÆ A$1.1 billion six year financing has been funded via mandated arranger UBS. General syndication is expected to be launched within the next two weeks.

Hong Kong

New World China Land FinanceÆs HK$2 billion five year credit has been launched into general syndication...
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