Loan week, April 4-10
A roundup of the latest syndicated loan market news.
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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