Metcash’s A$700 million one-year and three-month dual tranche credit facility has been signed via joint bookrunners ANZ, Commonwealth Bank of Australia and Westpac.
The facility is split into a A$500 million term loan and a A$200 million revolver.
Syndication saw Bank of Tokyo-Mitsubishi UFJ, BOS International Australia, HSBC, Mizuho Corporate Bank and Rabobank join in as lenders.
Proceeds are to refinance a A$700 million three-year facility signed in 2009.
A A$700 million refinancing for...