Loan Week, June 8-14

A roundup of the latest syndicated loan market news.

Australia

Onesteel has completed a A$330 million four-year revolver through bookrunners and mandated lead arrangers BOS International, Commonwealth Bank of Australia, NAB and Westpac.

Final allocations saw the leads commit A$40 million each while mandated leads Mizuho, SMBC and Bank of Tokyo-Mitsubishi UFJ pledged A$40 million each. Lead arrangers ANZ and HSBC lent A$20 million each while lead manager Hua Nan Commercial Bank ended up with A$10 million.

Proceeds...

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