loan-week-october-612

Loan Week, October 6-12

A roundup of the latest syndicated loan market news.
Australia

Centro PropertiesÆ A$2.98 billion multi-tranche facility has been completed on a club basis. Mandated arrangers Royal Bank of Scotland took A$1.13 billion, ANZ Investment Bank and BNP Paribas provided A$750 million each and Commonwealth Bank of Australia held A$350 million.

The deal is split into five tranches - A$300 million two, three and four year loans, a A$150 million six month commercial bills facility and a A$1.93 billion equivalent two year foreign currency loan. Proceeds are for working capital purposes.

Snowy HydroÆs A$250 million three year fundraising has been signed via mandated arrangers ANZ Investment Bank and Westpac Banking Corp, committing A$125 million apiece. Proceeds are to refinance existing debt and to...
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