Loan Week, July 8 - Aug 4
A round up of the latest syndicated loan market news.
The A$995 million multi-tranche facility for Myer is still progressing in general syndication. Credit Suisse, Goldman Sachs JB Were and National Australia Bank are leading the deal. Thus far, the financing has secured at least 10 commitments from banks. A handful of banks are said to be in the final stages of gaining credit approvals.
The six year facility is split into an A$675 million amortising term portion, an A$300 million revolver and an A$20 million capital expenditure facility....
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