Loan week, November 19-25

A roundup of the latest syndicated loan market news.

Australia

Hills Motorway Management’s A$740 million multi-tranche facility was completed on a club basis on November 19 via a consortium of six mandated lead arrangers.

The deal consists of a A$400 million four-year tranche, a A$65 million six-year term loan and a A$275 million six-year commitment line.

The leads are Bank of Tokyo-Mitsubishi UFJ, Commonwealth Bank of Australia, Credit Agricole CIB, National Australia Bank, Scotiabank Group and Sumitomo Mitsui Banking Corp.

Proceeds are to refinance a facility...

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