A round up of the latest syndicated loan market news.
Austar United Communications has short-listed seven banks to lead arrange a A$600 million loan. The banks include ANZ Investment Bank, BNP Paribas, Calyon, Commonwealth Bank of Australia, ING Bank, JP Morgan and National Australia Bank. Proceeds are to refinance an existing A$290 million facility that was signed in October 2004 and led by Deutsche Bank and JP Morgan. A formal mandate is expected to be announced soon.
A A$60 million five year management buyout facility for MichelÆs Group Australia...
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