Australian Agricultural Company completed a A$291 million dual tranche financing earlier this month via joint arrangers ANZ Investment Bank and National Australia Bank. The facility was provided on a club basis with National Australia Bank lending A$126 million and ANZ providing A$97 million. Proceeds are to refinance a A$291 million facility signed in December 2004.
An A$850 million dual tranche refinancing for DCA Group was signed on March 28. Mandated arrangers ANZ Investment Bank and Westpac Banking Corp held A$200 million each.
Participating banks are Commonwealth Bank of Australia and National Australia Bank lending A$200 million apiece and Bank of Scotland contributing A$50 million. The loan comprises A$255 million three year and A$595 million...
¬ Haymarket Media Limited. All rights reserved.
