Loan Week, February 3-9

A roundup of the latest syndicated loan market news.

Australia

Sandfire Resources has successfully obtained a A$380 million four-year term loan through sole underwriter and mandated lead arranger ANZ.

Final allocations saw the lead commit A$180 million, while mandated lead arrangers Commonwealth Bank of Australia and National Australia Bank took A$100 million each.

Proceeds are to support the development of DeGrussa Copper Gold Project in the mid-west region of Western Australia.

 

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