loan-week-may-26--june-2

Loan Week, May 26 - June 2

A round up of the latest syndicated loan market news.
Australia

Optus Finance has completed a A$300 million refinancing via seven banks. The revolving credit was provided on a club basis by ABN AMRO, ANZ Investment Bank, Barclays Capital, BNP Paribas, Citibank, Commonwealth Bank of Australia and Westpac Banking Corp. Proceeds are to refinance a A$300 million loan that was signed in May last year.


China

AU Optronics Suzhou and AU Optronics Xiamen Æs $50 million and Rmb1 billion fundraising has so far received commitments totalling $270 million from six banks. ABN AMRO, Bank of Tokyo-Mitsubishi UFJ, HSBC and Standard Chartered Bank are arranging the deal.

A number of banks are still in the process of gaining credit approval and the arrangers...
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