Loan Week, June 1-7

A roundup of the latest syndicated loan market news.

Australia

Australia Pacific LNG Processing successfully obtained an $8.5 billion facility on a club-basis through 15 mandated lead arrangers, and two bilateral tranches facilitated by Export-Import Bank of China and Export-Import Bank of the United States, respectively.

The facility is split into a $2.9 billion 16-year term loan provided by the commercial banks, a $2.9 billion 17-year credit facility from US Exim and a $2.8 billion 16-year loan from China Exim.

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