Loan week, October 3-9
A roundup of the latest syndicated loan market news.
A A$216 million dual-tranche debt package for Hallett Hill No.2, an SPV for the Hallett 2 wind farm project, has been completed via mandated leads BNP Paribas, National Bank of Australia and Suncorp-Metway as a club deal.
The construction loan pays a spread of 120bp over BBSY pre-completion and then is further split into two tranches - an A$86 million four-year and five-month term loan A and a A$130 million six-year and five-month term loan B. The margin...
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