Loan Week, July 29-August 4

A roundup of the latest syndicated loan market news.

Australia

American Express Credit Corp successfully inked a A$4.5 billion multi-tranche revolver yesterday August 3 through joint bookrunners and mandated leads Citi, Commonwealth Bank of Australia, National Australia Bank and Westpac.

The facility comprises two A$2 billion portions maturing in three- and five-years respectively, and a A$500 million tranche with a five-year tenor.

Final allocations saw the leads pledge A$390 million each while co-arranger SMBC provided A$235 million. Co-arrangers...

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