Loan week, February 29-March 6
A roundup of the latest syndicated loan market news.
Abacus Fund ManagementÆs A$550 million dual tranche fundraising was completed on February 29 as a club deal via mandated leads ANZ, Commonwealth Bank of Australia and St George Bank.
The loan comprises two revolvers in the form of a A$400 million three-year tranche and a A$150 million 18-month portion.
Allocations saw ANZ holding A$250 million while Commonwealth Bank of Australia and St George Bank contributed A$150 million apiece.
Syndication is ongoing for Coffey InternationalÆs A$200 million...
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