Australia
King Bid has secured a A$121 million five-year financing on a club basis through mandated lead arrangers Commonwealth Bank of Australia, GE Capital and Rabobank.
The debt package comprises a A$63 million term loan, a $51 million and a $7 million revolver.
Proceeds are to support the acquisition of Moraitis Group and Rennie Produce by CAAM.
NSW Ports Finance has inked a A$2 billion fundraising on a club basis through mandated lead arrangers ANZ, Bank of Tokyo-Mitsubishi UFJ, CIBC, Credit Agricole, DBS, ING, ICBC, KDB, NAB and SMBC.
The financing is split into two A$963 million tranches maturing in three-year and five year, an A$85 million three-year capital expenditure tranche.
Proceeds are to support the acquisition of port terminals from the NSW Government.
India
Brahmaputra Metallics obtained a Rs4.3 billion debt package last Thursday (June 13) through sole bookrunner and mandated lead arranger State Bank of India.
The financing consists of four term loans and two revolving credit facilities.
Final allocations saw the lead take Rs1.6 billion while participants Bank of Baroda, Punjab National Bank and State Bank of Bikaner & Jaipur contributed Rs1.2 billion, Rs869 million and Rs664 million, respectively.
Proceeds are for debt restructuring purposes.
Dalmia Cement (Bharat) completed its Rs8.9 billion 14-year term loan last Thursday (June 14) through sole bookrunner and mandated lead arranger State Bank of India.
The facility is priced 150bp over Libor and will be repaid by 40 quarterly repayments.
Final allocations saw State Bank of India lend Rs6.3 billion while participant Canara Bank provided Rs1.1 billion. Participants Corporation Bank and Bank of Maharashtra came in with Rs1 billion and Rs500 million respectively to round up the syndication.
Proceeds are for project financing purposes.
Indonesia
Indonesia Eximbank has secured a $500 million three-year term loan through joint bookrunners BPI Capital Corp, Bank of Tokyo-Mitsubishi UFJ, Commerzbank, Mizuho and OCBC.
The fully underwritten facility is priced at a fixed-rate of 130bp per annum.
Syndication saw Chinatrust Commercial Bank join in as mandated lead arranger while Fuyo General Lease, Gunma Bank, Lotte Capital, Mega International Commercial Bank, Union National Bank PJSC, NTT Finance Corp and Westpac came in as lead arrangers. 14 more banks joined at lower tiers to complete the syndication.
Proceeds are for general corporate purposes.
Thailand
CP All has obtained a $6 billion one-year loan facility through mandated lead arrangers Bangkok Bank, HSBC, Krungthai Bank, Siam Commercial Bank, Standard Chartered, SMBC and UBS on a club basis.
Proceeds are to support the borrower’s acquisition of cash and carry wholesaler Siam Makro.
Taiwan
Chi Mei Corp completed a NT$22 billion five-year loan package yesterday (June 19) through sole bookrunner Bank of Taiwan.
The loan size was upsized from NT$20 billion. It consists of a NT$5 billion term loan, a NT$15.5 billion revolver and a NT$1.5 billion guarantee facility.
Syndication saw Chang Hwa Commercial Bank, Chinatrust Commercial Bank, E.Sun Commercial Bank and Mega International Commercial Bank come in as mandated lead arrangers while Agricultural Bank of Taiwan, First Commercial Bank, Hua Nan Commercial Bank, Land Bank of Taiwan, Mizuho, Taipei Fubon Commercial Bank, Taishin International Bank and Taiwan Cooperative Bank joined in at lower tiers.
Proceeds are to refinance existing indebtedness.
E Ink Holdings has sealed a NT$4.2 billion three-year loan through joint bookrunners Chinatrust Commercial Bank and Taishin International Bank.
The facility comprises a NT$2.8 billion term loan, a NT$900 million revolving credit and a NT$500 million portion.
Syndication saw Chang Hwa Commercial Bank, First Commercial Bank, Land Bank of Taiwan, Shanghai Commercial & Savings Bank and Taiwan Business Bank come in as mandated leads while Agricultural Bank of Taiwan, Bank of Taiwan, China Bills Finance, Cosmos Bank Taiwan, Hua Nan Commercial Bank, International Bills Finance, Mega Bills Financial, Taching Bills Finance and Taipei Fubon Commercial Bank joined in at lower tiers.
Proceeds are to repay an existing loan facility signed in May 2011 and for working capital purposes.
Hota Industrial MFG has concluded a NT$2 billion five-year loan through sole bookrunner Bank of Taiwan.
The deal contains a NT$1.2 billion term loan and an NT$800 million revolver.
Final allocations saw the bookrunner pledge NT$280 million while mandated lead arrangers E.Sun Commercial Bank and Land Bank of Taiwan provided NT$300 million and NT$280 million respectively. Participant Hua Nan Commercial Bank held NT$250 million while First Commercial Bank and Chang Hwa Commercial Bank participated with NT$210 million and NT$200 million each. Mega International Commercial Bank and Taichung Commercial Bank lent NT$160 million each while Bank SinoPac and EnTie Commercial Bank rounded up the group with NT$80 million each.
Proceeds are for refinancing and working capital purposes.
Walton Advanced Engineering has inked a NT$6.3 billion three-year facility through joint bookrunners Bank of Taiwan, Chinatrust Commercial Bank, Far Eastern International Bank, First Commercial Bank, Land Bank of Taiwan, Mega International Commercial Bank and Taishing International Bank.
The deal is split into evenly into a term loan and a revolver.
Syndication saw Agricultural Bank of Taiwan, China Development Industrial Bank, Cosmos Bank Taiwan, Hua Nan Commercial Bank, Jih Sun International Bank, Shanghai Commercial & Savings Bank, Taiwan Business Bank and Taiwan Cooperative Bank come in at lower tiers.
Proceeds are to refinance an existing loan facility signed in July 2010 and for working capital purposes.
