Loan week, October 8-14

A roundup of the latest syndicated loan market news.

Australia

Charter Hall Direct Property Fund has secured a A$240 million dual-tranche facility on a club basis via mandated leads Commonwealth Bank of Australia, National Australia Bank and ING Bank.

The three-year transaction is split into a A$150 million term loan and a A$90 million revolver.

Proceeds are to refinance existing indebtedness.

China


A $305 million financing for Laiwu Steel Corp and Jinan Iron Steel Corp was signed on October 13 via bookrunners Credit Agricole, HSBC China and Standard Chartered...

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