Loan week, September 19-25
A roundup of the latest syndicated loan market news.
Sigma PharmaceuticalsÆ A$500 million dual tranche loan was completed last week on a club basis via four mandated lead arrangers, namely ANZ, Commonwealth Bank of Australia, National Australia Bank and Westpac.
The loan is split into A$300 million three-year and A$200 million one-year revolvers.
Allocations saw ANZ and Westpac contribute A$170 million apiece, while National Australia Bank and Commonwealth Bank of Australia took A$90 million and A$70 million respectively.
Proceeds are to refinance existing debt.
To continue reading, please login or register for free