Loan week, July 4-10
A roundup of the latest syndicated loan market news.
Bank of QueenslandÆs $200 million senior credit is being well received in syndication via mandated leads and bookrunners ABN AMRO and Chinatrust Commercial Bank.
The bullet loan features a two-and-a-half-year tenor and a spread of 100bp over Libor. So far, 13 commitments have been received in syndication with the deal likely to be upsized. Syndication is slated to close by early next week.
The funds are for general corporate and working capital requirements.
BBP Finance AustraliaÆs...
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