Loan week, November 7-13

A roundup of the latest syndicated loan market news.

Australia

A A$355 million dual tranche credit for Mirvac PFA, a unit of Mirvac PFA Diversified Property รป was signed on November 6.

The three-year debt package comprises revolvers of A$110 million and A$245 million respectively. Sole mandated lead arranger Commonwealth Bank of Australia and participant National Australia Bank committed A$122.5 million apiece, while ING Bank provided A$110 million.

Proceeds are to refinance an existing debt facility.

China

The Rmb1.75 billion five-year fundraising for Shanghai Chung Hao Paper,...

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