An A$850 million multi-tranche facility for Austar Entertainment has been completed via mandated arrangers ANZ, BNP Paribas, Bank of Scotland International, Calyon Australia, Commonwealth Bank of Australia, National Australia Bank, Rabobank and Societe Generale. Calyon Australia is the sole bookrunner and original mandated arranger for the facility.
The financing is split into an A$225 million four-year term loan æAÆ, an A$500 million six-year term loan æBÆ, an A$100 million five-year revolver and an A$25 million revolving credit facility solely provided by Commonwealth Bank of Australia.
The deal pays a spread of 170bp for term loan æAÆ, 200bp for term loan æBÆ and 170bp over the Bank Bill Rate BBR for the five-year revolver....
¬ Haymarket Media Limited. All rights reserved.
