Loan Week, June 23 - June 30
A round up of the latest syndicated loan market news.
Commander Communications signed its A$340 million dual tranche financing on June 30. Westpac was the sole mandated arranger.
Westpac committed A$150 million while Commonwealth Bank of Australia and National Australia Bank contributed A$95 million each. Proceeds are for general corporate purposes.
Southern Cross Broadcasting AustraliaÆs A$275 million credit signed on June 30. Mandated arranger ANZ Bank ended up with a A$165 million commitment while managers Commonwealth Bank of Australia and National Australia bank provided A$55 million apiece.
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