Loan week, September 12-18
A roundup of the latest syndicated loan market news.
A A$625 million dual-tranche fundraising for Mirvac Funds Finance was signed on September 15 via sole mandated lead and bookrunner Westpac. The loan is split equally into two year and three year revolvers.
Final allocations saw Westpac provide A$250 million. Coming in as participants were ING Bank, ANZ and Royal Bank of Scotland, committing A$150 million, A$125 million and A$100 million respectively.
Proceeds are to refinance an existing debt facility.
Syndication of a HK$23.4 billion multi-tranche...
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