Consolidated Press HoldingsÆ A$1.18 billion dual tranche credit has been signed. Proceeds will be used for general corporate purposes and to refinance existing debt.
The transaction is split into A$530 million and A$655 million five and seven year revolvers.
Sole mandated arranger ANZ Investment Bank committed A$175 million, lenders National Australia Bank contributed A$160 million, Commonwealth Bank of Australia,
Rabobank, and Westpac Banking Corp provided A$100 million apiece, BNP Paribas, Citibank, Royal Bank of Scotland and Toronto Dominion Australia took A$75 million each and ABN Amro, Bank of America and Calyon ended up with A$50 million apiece.
Downer Group Finance has signed a A$350 million loan via sole mandated arranger National Australia Bank....
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