Loan week, November 14-20

A roundup of the latest syndicated loan market news.

Australia

Optus Finance's A$725 million three-and-a-half-year revolver was sealed on November 14 via ANZ, Bank of Tokyo-Mitsubishi UFJ, Citi, Commonwealth Bank of Australia and Westpac.

Proceeds are to refinance an existing debt facility and for working capital purposes.

Service Stream Holdings Property's A$130 million two-year credit facility has been completed as a club deal by mandated arrangers Commonwealth Bank of Australia and Westpac Banking Corp.

The leads each committed A$65 million to the unsecured bullet loan....

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