Loan week, April 4-10

A roundup of the latest syndicated loan market news.

Australia

Candlestick BidcoÆs A$610 million dual tranche fundraising has been completed on a club basis via a group of four mandated lead arrangers.

The loan comprises a A$540 million three year revolvingterm loan and a $70 million three year bullet.

Final allocations saw ANZ provide A$220 million while Suncorp-Metway contributed A$170 million. BOS International Australia committed A$145 million while National Australia Bank took A$75 million.

Proceeds are to refinance existing debt and to fund acquisitions.

A A$2.26 billion...

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