Loan Week, November 25-December 1
A digest of the latest loan news.
Allco Finance Group's A$850 million three year revolver has been signed via a consortium of 11 banks. Mandated arrangers ABN Amro, Commonwealth Bank of Australia and Westpac lent A$200 million each, co-arranger St George Bank committed A$60 million while DBS Bank held A$51 million and BNP Paribas, JP Morgan, Oversea-Chinese Banking Corp, Mizuho Corporate Bank, Societe Generale and WestLB took A$44 million apiece.
The facility offers a margin of 80bp over the bank bill rate and a...
To continue reading, please login or register for free