Australia
AF&L Vista has secured a A$500 million five-year facility through bookrunners and mandated lead arrangers ANZ and National Australia Bank.
The facility is split into a A$404 million term loan and a A$96 million credit facility.
Final allocations saw NAB pledge A$120 million, while ANZ committed A$90 million. Westpac came in with A$65 million as a mandated lead arranger and Bank of China, Caterpillar Financial Australia, ICBC and SMBC joined in with A$50 million apiece. Mizuho concluded the syndicate as a lead arranger, contributing A$25 million.
Proceeds are to refinance existing debt.
Alumina has sealed a $300 million loan financing through mandated lead arrangers ANZ and Bank of Tokyo-Mitsubishi UFJ on a club basis.
The facility is split evenly into a two-year revolving credit facility and a four-year portion.
Proceeds are to repay existing debt.
Mineral Resources has inked a A$120 million five-year term loan through sole bookrunner and mandated lead arranger National Australia Bank.
Syndication saw ANZ, Commonwealth Bank of Australia and Westpac come in as mandated lead arrangers.
Proceeds are to fund the purchase of equipment.
Hong Kong
Seasonal Star has inked a $1 billion five-year term loan through joint bookrunners Agricultural Bank of China, Bank of China, China Construction Bank, HSBC, Mizuho Bank and Standard Chartered Bank.
Final allocations saw Bank of China and China Construction Bank provide $200 million apiece, while Agricultural Bank of China lent $100 million. HSBC, Mizuho and Standard Chartered pledged $80 million each and mandated lead arrangers Bank of Tokyo-Mitsubishi UFJ and SMBC both contributed $70 million. Arrangers Chang Hwa Commercial Bank, First Commercial Bank, Hua Nan Commercial Bank and JP Morgan joined in to wrap up the syndication by taking $30 million each.
Proceeds are to repay existing debt.
Techtronic Industries has obtained a $220 million five-year term loan through mandated lead arrangers Bank of America Merrill Lynch, Bank of China, Bank of Tokyo-Mitsubishi UFJ, Citi, HSBC, Mizuho Bank and Royal Bank of Scotland on a club basis.
Proceeds are for working capital purposes.
India
West Bengal State Electricity Distribution has completed a Rs8 billion one-year financing through sole bookrunner State Bank of India. The facility is split equally into two tranches.
Final allocations saw participants Bank of India and Punjab & Sind Bank provide Rs4 billion each.
Proceeds are for working capital purposes.
New Zealand
Nuplex Industries has obtained a A$225 million revolver through sole bookrunner and mandated lead arranger Commonwealth Bank of Australia.
The debt package comprises a A$150 million three-year and seven-month tranche and a A$75 million four-year and seven-month portion.
Proceeds are for general corporate purposes.
Taiwan
Advanced Connectek closed a NT$950 million five-year financing through sole bookrunner Taiwan Cooperative Bank on December 18.
The fundraising consists of a NT$600 million term loan and a NT$350 million revolving credit.
Final allocations saw the lead provide NT$400 million. Among the mandated lead arrangers Land Bank of Taiwan came in with NT$150 million, while Agricultural Bank of Taiwan, Bank of Taiwan, Chang Hwa Commercial Bank and Hua Nan Commercial Bank rounded out the syndication with NT$100 million each.
Proceeds are to repay existing debt and for working capital purposes.
EISA Holding has signed a $150 million five-year term loan through joint bookrunners Cathay United Bank, First Commercial Bank and Taiwan Business Bank.
The loan is guaranteed by Redwood Group International.
Final allocations saw First Commercial Bank, Cathay United Bank and Taiwan Business Bank contribute $50 million, $35 million and $30 million respectively. Participants E Sun Commercial Bank and Ta Chong Bank joined in with $20 million and $15 million respectively.
The proceeds will be used to repay debt.
Fulltech Fiber Glass has obtained a NT$3.6 billion five-year facility through sole bookrunner Bank of Taiwan.
The deal comprises a NT$3.0 billion term loan and a NT$602 million revolving portion.
Syndication saw Chang Hwa Commercial Bank and Land Bank of Taiwan come in as mandated lead arrangers, while Agricultural Bank of Taiwan, First Commercial Bank, Shanghai Commercial & Savings Bank, Ta Chong Bank, Taishin International Bank, Taiwan Business Bank, Taiwan Cooperative Bank and Taiwan Shin Kong Commercial Bank participated at lower levels.
Proceeds are to refinance an existing loan facility signed in May 2008 and for working capital purposes.
Phoenix Silicon International Corp has secured a NT$500 million three-year term loan through sole bookrunner Land Bank of Taiwan.
Syndication saw Bank of Kaohsiung, E Sun Commercial Bank, Hua Nan Commercial Bank, Shanghai Commercial Bank, Taishin International Bank, Taiwan Business Bank, Taiwan Cooperative Bank and Taiwan Shin Kong Commercial Bank join in at lower tiers.
Proceeds are to repay existing debt.
