Australia
Goodman Fielder signed a A$500 million multi-tranche financing last week through bookrunners and mandated lead arrangers ANZ and National Australia Bank.
The facility is split into A$231 and A$69 million tranches maturing in three-years and A$154 and A$46 million portions maturing in five-years.
Final allocations saw the leads commit A$85 million each while lead arranger Bank of Tokyo-Mitsubishi contributed A$75 million. Commonwealth Bank of Australia and Westpac came in with A$70 million each while Mizuho Corporate Bank and Rabobank lent A$50 million each. Chinatrust Commercial Bank rounded up the syndicate with A$15 million.
Proceeds are to refinance an existing A$500 million facility signed in October 2009.
Monadelphous has signed a A$240 million one-year facility through sole bookrunner National Australia Bank.
Final allocations saw the lead take A$120 million while mandated lead arranger Westpac came in with A$80 million. Lead arranger HSBC ended up with A$40 million.
Proceeds are for refinancing and general corporate purposes.
Woolworths has successfully obtained a A$1.2 billion dual tranche revolver through bookrunners ANZ, Commonwealth Bank of Australia and National Australia Bank.
The deal is split into a A$580 million three-year tranche and a A$620 million five-year portion.
Syndication saw Bank of Nova Scotia, Bank of Tokyo-Mitsubishi UFJ, Citi and Rabobank join in as mandated lead arrangers while Bank of America Merrill Lynch came in as a lead arranger. DZ Bank, Land Bank of Taiwan, Mega International Commercial Bank, Sumitomo Trust & Banking and Taiwan Cooperative Bank joined in as lead managers.
Proceeds are to refinance an existing $700 million facility signed in May 2009.
India
Ranchi Expressways has completed a Rs11.9 billion 14-year term loan through bookrunners and mandated lead arrangers Canara Bank, IDBI Bank and SBI Capital Markets.
The facility offers a margin at 150bp over the floating Canara Bank base rate and will be repaid in 22 semi-annual installments after a six-month grace period.
Syndication saw Allahabad Bank, Corporation Bank, Dena Bank, Federal Bank, ICICI Bank, India Infrastructure Finance, Oriental Bank of Commerce, Punjab & Sind Bank, South Indian Bank, State Bank of Bikaner & Jaipur, State Bank of Patiala, State Bank of Travancore and Vijaya Bank come in as participants.
Proceeds are to support the construction of a four-lane highway in the State of Jharkhand in India.
Singapore
Arcadia Energy fully syndicated and completed a $280 million 364-day revolving facility last week through a consortium of seven bookrunners and mandated lead arrangers.
Final allocations saw bookrunners ABN Amro, BNP Paribas, Credit Agricole, ING, Rabobank, Societe Generale and Standard Chartered take $35 million each while lead arrangers Banque Cantonale de Geneve, Natixis and Qatar National Bank lent $10 million each. United Overseas Bank ended up with $5 million.
Proceeds are to refinance an existing $275 million facility signed in 2010 and for working capital purposes.
South Korea
Green Air has signed a W70.7 billion and ¥2.5 billion 12-year term loan through sole bookrunner and mandated lead arranger Korea Development Bank.
The dual tranche facility is priced at a fixed rate of 620bp and 380bp over a three-month yen Libor respectively. The facility will be repaid in 48 quarterly installments after a two-year grace period.
Syndication saw Hanwha General Insurance, Korean Federation of Community Credit Cooperatives, Kyobo Life Insurance, LIG Insurance and Shinhan Life Insurance come in as participants.
Proceeds are for project financing purposes.
Vietnam
Hyosung Vietnam has obtained a $90 million three-year term loan through sole bookrunner Korea Development Bank.
Syndication saw Mizuho Corporate Bank and Sumitomo Mitsui Banking Corp join in as mandated lead arrangers while J.P. Morgan came in as a lead arranger.
Proceeds are for capital expenditure purposes.