Australia
Ausdrill has signed a A$550 million three-year revolver on a club basis through mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ, Commonwealth Bank of Australia, Deutsche Bank, HSBC, Morgan Stanley and Standard Chartered.
The debt package comprises of a A$220 million, a A$50 million, a A$30 million and a A$250 million tranches.
Final allocations saw Commonwealth Bank of Australia contribute A$145 million while Morgan Stanley lent A$113 million. Standard Chartered pledged A$96 million while Deutsche Bank lent A$91 million. HSBC committed A$65 million while Bank of Tokyo-Mitsubishi UFJ ended up with A$40 million.
Proceeds are to refinance existing indebtedness.
DBNGP Finance has completed a A$155 million seven-year bullet facility on a club basis through mandated lead arrangers Aozora Bank, Bank of Tokyo-Mitsubishi UFJ, Development Bank of Japan, Mitsubishi UFJ Lease & Finance and Shinsei Bank.
Proceeds are to repay an existing bond facility maturing in 2013 that was to support the expansion of the Dampier to Bunbury natural gas pipeline in Western Australia.
Origin Energy has successfully completed a A$2.4 billion revolver through underwriters and mandated lead arrangers ANZ, Commonwealth Bank of Australia and NAB.
The facility is split into a A$941 million four-year tranche, and A$1.2 billion and A$225 million portions maturing in five years.
Syndication saw Bank of America Merrill Lynch, Bank of China, Bank of Communications, Bank of East Asia, Bank of Tokyo-Mitsubishi UFJ, Chang Hwa Commercial Bank, China Development Industrial Bank, Chinatrust Commercial Bank, Citi, Credit Suisse, DBS, Deutsche Bank, DNB Bank, DZ Bank, E. Sun Commercial Bank, First Commercial Bank, Hua Nan Commercial Bank, J.P. Morgan, KEB Asia, Land Bank of Taiwan, Lloyds Bank, Mega International Commercial Bank, Mizuho, Nord LB, OCBC, RBC, Bank of Nova Scotia, Shanghai Commercial & Savings Bank, SMBC, Sumitomo Mitsui Trust Bank, Tai Fung Bank, Taipei Fubon Commercial Bank, Taiwan Cooperative Bank, United Overseas Bank and Westpac join in as mandated lead arrangers.
Proceeds are to refinance existing loan facilities maturing in the 2013 and 2014 financial years, together with the €500 million seven-year medium term note issue announced on October 3, 2012.
Qantas Airways has secured a A$400 million three-year facility on a club basis through mandated lead arrangers ANZ, Barclays, Commonwealth Bank of Australia, HSBC, Mizuho and Westpac.
Final allocations saw the leads contribute A$40 million each while Citi and J.P. Morgan joined in with A$30 million each as arrangers. Bank of America Merrill Lynch, Bank of Tokyo-Mitsubishi UFJ, BNP Paribas, Deutsche Bank and NAB came in with A$20 million each as managers.
Proceeds are for to refinance an existing A$300 million facility signed in May 2010.
Hong Kong
Genting Hong Kong has signed a $300 million three-year financing on a club basis through mandated lead arrangers Bank of America Merrill Lynch, CIMB Bank and Maybank.
The secured facility is split into a $200 million revolving credit and a $100 million term loan.
Proceeds are for general corporate purposes.
India
Advinia Health Care (India) has completed a Rs1.5 billion 12-year-and-three-month term loan through sole underwriter and mandated lead arranger Axis Bank.
Final allocations saw the lead lend Rs570 million while Bank of Maharashtra joined in with Rs500 million as participant. Bank of India ended up with Rs400 million.
Proceeds are for the development and construction of a 400-bed tertiary care hospital in Kalamboli, Mumbai.
Shree Naman Hotels has secured a Rs4 billion term loan through sole underwriter and mandated lead arranger Axis Bank.
The facility is split into a Rs3.5 billion 12-year-and-four-month tranche and a Rs500 million 13-year-and-four-month portion.
Final allocations saw the lead pledge Rs2 billion while participants Bank of India and Central Bank of India came in with Rs1 billion each.
Proceeds are to finance the development and operations of the Sofitel hotel in Bandra, Mumbai.
Videocon Industries has obtained a $2.2 billion 15-year revolver through bookrunner and mandated lead arrangers IDBI Bank and SBI Capital Markets.
Final allocations saw IDBI Bank contribute $589 million while State Bank of India lent $500 million. Export-Import Bank of India committed $300 million while ICICI Bank pledged $225 million as participants. Central Bank of India joined in with $179 million while Union Bank of India came in with $150 million. Bank of Baroda lent $54 million while Corporation Bank, Punjab National Bank and Syndicate Bank pledged $50 million each. State Bank of Hyderabad committed $40 million while State Bank of Mysore ended up with $9 million.
Proceeds are for the development of an oil field in Mozambique and Brazil.
Taiwan
Richpoint has concluded a $143 million three-year revolving credit through bookrunners and mandated lead arrangers Bank Sinopac, First Commercial Bank and Taiwan Cooperative Bank.
Secured by shares of KGI (Thailand), the financing is priced at 125bp over Libor.
Syndication saw First Commercial Bank and Taiwan Cooperative lend $30 million each while Bank Sinopac joined in with $25 million. Chang Hwa Commercial Bank and Taipei Fubon Commercial Bank gave $15 million each while participants Ta Chong Bank held $12 million. Sunny Bank contributed $10 million and Shanghai Commercial & Savings Bank ended up with $6 million.
Proceeds are for working capital purposes.
Jiun Tai Development & Construction has completed a NT$1.3 billion dual-tranche facility through sole bookrunner Taishin International Bank.
The eight-month term loan comprises a NT$1 billion tranche and a NT$337 million portion, which are priced at 156bp over the one-year post office savings rate.
Syndication saw Hua Nan Commercial Bank join in as a participant.
Proceeds are for property development purposes.
Tong Hsing Electronic Industries has sealed a NT$2 billion five-year financing through bookrunners and mandated lead arrangers Chang Hwa Commercial Bank, E.Sun Commercial Bank and Hua Nan Commercial Bank.
The term loan consists of a NT$1.2 billion tranche and a NT$800 million portion, which is priced at 70bp over the secondary CP rate with a pre-tax interest rate floor of 1.6%.
Syndication saw Bank of Taiwan and Mega International Commercial Bank join in as mandated lead arrangers while Far Eastern International Bank, Jih Sun International Bank and Yuanta Commercial Bank came in as participants.
Proceeds are for capital expenditure and working capital purposes.
