Broadcast Australia Finance's A$390 million multi-tranche financing was inked on Tuesday. The loan was more than 25% oversubscribed and commitments were scaled back.
Mandated lead arranger Barclays Capital held A$55 million. Joining as co-arrangers are National Australia Bank committing A$85 million, Australia New Zealand Banking Group and Commonwealth Bank of Australia lending A$70 million each and Calyon and TD Securities providing A$55 million apiece.
The $1.4 billion...